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    Theresa Condor

    Chief Executive Officer (CEO) at Spire Global Inc
    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 Inc

    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.