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    Kate Johnson

    President and Chief Executive Officer at Lumen Technologies Inc
    Since November 2022
    Age
    57 years
    Tenure
    Started tenure as President and Chief Executive Officer at LUMN in November 2022.

    Also at Lumen Technologies Inc

    AG
    Andrea Genschaw
    Chief Accounting Officer and Controller
    AH
    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

    OrganizationRoleDate RangeDetails
    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

    OrganizationRoleDate RangeDetails
    United Parcel Service (UPS) Director Currently Active Member of the Nominating and Corporate Governance and Risk Committees

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,283,607 AnnualIncreased by 8% from $1,200,000 to $1,300,000 effective March 1, 2024
    Stock Awards$6,135,630 Annual Grant under LTI programFair value of annual restricted stock/RSU awards
    Time-Vested Restricted Shares3,609,194 shares; Target Grant Value: $5,700,000 Vest in three equal installments on the first three anniversaries of March 1, 2024Vests on March 1 of 2025, 2026, and 2027
    All Other Compensation$123,502 AnnualIncludes 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

    MetricDetails
    Performance MeasuresAdjusted EBITDA (50%), Revenue (35%), Customer Experience (15%)
    Threshold50% of each measure’s target (below which no payment is made)
    TargetCalculated as earned base salary multiplied by the STI bonus percentage (220% for 2024)
    Maximum (Cap)200% of the target amount
    Evaluation Period2024 performance period (dates not specified)
    Actual ResultsRealized and realizable pay reached 174% of target
    Additional DetailsHRCC approved Company performance funding of 88.5% for the STI program in February 2025

    Performance-Based Long-Term Cash (PLTC) Compensation

    MetricDetails
    Performance MeasureCumulative Free Cash Flow (CFCF)
    Payout Range0% to 200% of the target amount
    Target Grant Value$8,550,000
    Vesting ScheduleCliff vest on March 1, 2027, contingent on performance and continued employment
    Grant DateMarch 1, 2024
    WeightRepresents 60% of the total annual LTI award for 2024
    Additional DetailsTargets were approved in November 2024 following recalibration in August 2024 due to partnership negotiations