Sign in

Theresa Condor

Chief Executive Officer (CEO) at Spire Global
Since January 1, 2025
Age
43 years
Education
Earned a B.A. in Government from Cornell University and an M.I.A. in International Finance and Policy from the School of International and Public Affairs at Columbia University.
Tenure
Joined SPIR in February 2013, held various positions including serving as Chief Operating Officer starting in October 2021, and was promoted to Chief Executive Officer effective January 1, 2025.

Also at Spire Global

BJ
Boyd Johnson
Chief Legal Officer, Chief Administrative Officer, General Counsel, and Corporate Secretary
CP
Celia Pelaz
Chief Operating Officer (COO)
GO
Gabriel Oehme
Chief Transformation Officer

About

Theresa Condor began her career at SPIR in February 2013 where she quickly made a mark by assuming roles of increasing responsibility. Her early work involved leading strategic initiatives and gaining critical insights into the operational and technological facets of the business.

Before joining SPIR, she honed her skills at Citigroup, contributing significantly to managing risk and developing international finance strategies. This experience laid a strong foundation for her later roles at SPIR and demonstrated her ability to navigate complex financial environments.

Throughout her tenure at SPIR, she has been instrumental in transforming the organization. Her leadership as Chief Operating Officer and later as Chief Executive Officer has contributed to the expansion of the customer base and significant revenue growth, as well as orchestrating major strategic deals that have positioned the company for future success.

$SPIR Performance Under Theresa Condor

Past Roles

OrganizationRoleDate RangeDetails
Spire Global (SPIR) Chief Operating Officer October 2021 – December 2024 Held prior to becoming CEO
Spire Global (SPIR) Executive Vice President, General Manager of Space Services and Earth Intelligence August 2021 – (ended prior to CEO promotion) Former leadership role in space services and earth intelligence
Legacy Spire (Spire Global) Various Roles (including Executive VP, General Manager of Space Services and Earth Intelligence) February 2013 – August 2021 Multiple positions held during company evolution
Citigroup Inc. Vice President of Trade Risk Distribution at the Latin America Desk August 2008 – February 2012 Role in investment banking and financial services
Citigroup Inc. Rotating Management Associate August 2008 – February 2012 Early career rotational role

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Annual Base Salary€392,157 / $424,276 MonthlyPaid in Euros with currency conversion applied
Other Compensation (Meal Allowances)$491 AnnualMeal allowances provided

Performance Compensation

Data from  FY 2023

Annual Cash Incentive Program for 2023

Performance Metric (Unit)TargetActualPayout LevelWeightAdditional Details
Annual Recurring Revenue (USD Million)Not stated$106.8M 81.0% 33.33%-
Non-GAAP Operating Loss (USD Million)Not stated$25.8M 126.0% 33.33%Lower losses improve payout; details not specified
Revenue Per Head (USD Million)Not stated$258.9M 110.0% 33.33%-

Overall Weighted Payout: 105.5% of target

Target Bonus: 90% of 2023 annual base salary

Note: Bonus payments were cancelled by the compensation committee in 2023 to focus on profitability in 2024.