Kate Johnson

President and Chief Executive Officer at Lumen Technologies

Since November 2022

Age

57 years

Tenure

Started tenure as President and Chief Executive Officer at LUMN in November 2022.

Also at Lumen Technologies

Andrea Genschaw

Chief Accounting Officer and Controller

Ashley Haynes-Gaspar

Executive Vice President, Chief Revenue Officer

CDS

Chris D. Stansbury

Executive Vice President and Chief Financial Officer

About

Kate Johnson is a seasoned technology executive who currently leads LUMN as President and Chief Executive Officer, having assumed the role in November 2022.

With a strong background in digital transformation and leadership, she has built her career through key executive roles at major technology companies such as Microsoft, GE, Oracle, and Red Hat, demonstrating a proven ability to drive strategic business initiatives.

Alongside her executive role at LUMN, she also serves on the board of a major global company, adding further depth to her extensive experience in governance and risk management.

$LUMN Performance Under Kate Johnson

Past Roles

Organization	Role	Date Range	Details
Microsoft Corporation	President of Microsoft U.S.	2017 - 2021	Oversaw operations for the U.S. division
General Electric	Executive Vice President and Chief Commercial Officer, GE Digital	2016 - 2017	Focused on digital transformation and commercial operations
General Electric	Chief Executive Officer, GE Intelligent Platforms Software	2015 - 2016	Led GE Intelligent Platforms Software
General Electric	Vice President and Chief Commercial Officer	2013 - 2015	Managed commercial operations
Oracle Corporation	Senior Vice President for North America Technology and Government Consulting	2007 - 2013	Led technology and government consulting services
Red Hat	Vice President of Global Services and Strategic Accounts	2004 - 2007	Managed global services and strategic accounts

External Roles

Organization	Role	Date Range	Details
United Parcel Service (UPS)	Director	Currently Active	Member of the Nominating and Corporate Governance and Risk Committees

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,283,607	Annual	Increased by 8% from $1,200,000 to $1,300,000 effective March 1, 2024
Stock Awards	$6,135,630	Annual Grant under LTI program	Fair value of annual restricted stock/RSU awards
Time-Vested Restricted Shares	3,609,194 shares; Target Grant Value: $5,700,000	Vest in three equal installments on the first three anniversaries of March 1, 2024	Vests on March 1 of 2025, 2026, and 2027
All Other Compensation	$123,502	Annual	Includes Aircraft Use: $99,118, Contributions to Plans: $13,800, Identity Theft Protection: $9,000, Security Costs: $1,584

Performance Compensation

Data from FY 2024

Non-Equity Incentive Plan Compensation

Metric	Details
Performance Measures	Adjusted EBITDA (50%), Revenue (35%), Customer Experience (15%)
Threshold	50% of each measure’s target (below which no payment is made)
Target	Calculated as earned base salary multiplied by the STI bonus percentage (220% for 2024)
Maximum (Cap)	200% of the target amount
Evaluation Period	2024 performance period (dates not specified)
Actual Results	Realized and realizable pay reached 174% of target
Additional Details	HRCC approved Company performance funding of 88.5% for the STI program in February 2025

Performance-Based Long-Term Cash (PLTC) Compensation

Metric	Details
Performance Measure	Cumulative Free Cash Flow (CFCF)
Payout Range	0% to 200% of the target amount
Target Grant Value	$8,550,000
Vesting Schedule	Cliff vest on March 1, 2027, contingent on performance and continued employment
Grant Date	March 1, 2024
Weight	Represents 60% of the total annual LTI award for 2024
Additional Details	Targets were approved in November 2024 following recalibration in August 2024 due to partnership negotiations