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G. Michael Sievert

President and CEO at T-Mobile US
Since April 2020
Age
54 years
Education
Holds a Bachelor's degree in Economics from the Wharton School at the University of Pennsylvania.
Tenure
Joined TMUS in November 2012 as Executive Vice President and Chief Marketing Officer, later serving as Chief Operating Officer, then as President and COO, and ultimately becoming President and Chief Executive Officer in April 2020.

Also at T-Mobile US

CF
Callie Field
President of the Business Group
DK
Deeanne King
Executive Vice President and Chief People Officer
JF
Jon Freier
President of the Consumer Group

About

G. Michael Sievert has built an impressive career in the telecommunications and technology industries, serving in key leadership roles over the years. He began his tenure at TMUS in November 2012 and quickly advanced through several significant positions, reflecting his deep expertise and strategic vision.

As he transitioned from an Executive Vice President and Chief Marketing Officer to senior operational roles such as Chief Operating Officer and President and COO, his leadership played a crucial role in the transformative journey of TMUS. His promotion to President and CEO in April 2020 marked a significant milestone in his career and for the company.

Beyond his direct contributions at TMUS, his career also spans pivotal roles at major corporations including Microsoft and AT&T Wireless, as well as entrepreneurial ventures. His diverse professional background underscores a strong foundation in global product management, strategic planning, and innovation.

Known for his forward-thinking approach and commitment to operational excellence, his work continues to influence both the strategic direction of TMUS and broader industry trends. His journey reflects a blend of robust academic credentials and extensive industry experience, cementing his status as a respected leader in the competitive telecommunications landscape.

$TMUS Performance Under G. Michael Sievert

Past Roles

OrganizationRoleDate RangeDetails
T-Mobile US, Inc.President and Chief Operating OfficerJune 2018 - April 2020Held before becoming CEO
T-Mobile US, Inc.Chief Operating OfficerFebruary 2015 - June 2018Held before becoming President and CEO
T-Mobile US, Inc.Executive Vice President and Chief Marketing OfficerApril 2013 - February 2015
T-Mobile US, Inc.Executive Vice President and Chief Marketing Officer of T-Mobile USANovember 2012 - April 2013
Clearwire CorporationChief Commercial OfficerApril 2009 - June 2011Responsible for customer-facing operations
Switchbox Labs, Inc.Co-founder and Chief Executive OfficerFebruary 2008 - January 2009Led company until sale to Lenovo
Microsoft CorporationCorporate Vice President of the worldwide Windows groupJanuary 2005 - February 2008Global product management & P&L responsibility
AT&T WirelessExecutive Vice President and Chief Marketing OfficerThree yearsHeld leadership roles in sales and marketing
E*TRADE FinancialChief Sales and Marketing OfficerN/ADates not provided
Procter & Gamble and IBMManagement positionsN/ADates and details not provided

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$1,750,000 AnnualFixed base salary for 2023
401(k) Employer Match$13,200 AnnualEmployer matching contribution
Security Arrangements$57,931 As IncurredCosts for company-provided personal security

Performance Compensation

Data from  FY 2023

STIP (Short-Term Incentive Plan)

MetricWeightThreshold [USD]Target [USD]Maximum [USD]Actual Performance [USD]Achievement [%]
US GAAP Service Revenue20%$60,885 million $63,885 million $64,635 million $63,300 million 85%
Total Net Additions20%4.909 million 6.909 million 7.659 million 7.373 million 162%
Core Adjusted EBITDA30%$26,500 million $28,500 million $29,500 million $29,019 million 152%
Adjusted Free Cash Flow30%$11,799 million $13,049 million $14,049 million $13,751 million 170%

Additional STIP Details:

  • Base Salary: $1,750,000
  • Target STIP Percent: 250%
  • Target STIP Value: $4,375,000
  • Company Attainment: 146%
  • Total STIP Payout: $6,387,500
  • Granted under the T-Mobile US, Inc. 2013 Omnibus Incentive Plan

Performance-Based RSUs Tied to Relative Total Shareholder Return (RTSR)

  • Grant Dates: February 15, 2023 and April 1, 2023
  • Grant Date Fair Values:
    • February 15, 2023: $5,861,522
    • April 1, 2023: $843,246
  • Grant Date Stock Price: $142.60 (both dates)
Share ComponentThreshold (Shares)Target (Shares)Maximum (Shares)
Feb 15, 2023 PRSUs8,947 35,789 71,578
April 1, 2023 PRSUs (Special)17,532 70,127 140,254

Performance Metrics for RTSR PRSUs:

  • Metric: Relative Total Shareholder Return (RTSR)
  • Performance Range:
    • Threshold: 25th percentile
    • Target: 50th percentile
    • Maximum: 75th percentile
  • Payout Range: 0% to 200% of the target number of PRSUs (linear interpolation applied)
  • Vesting:
    • Feb 15, 2023 PRSUs vest after a three-year performance period ending February 15, 2026
    • April 1, 2023 PRSUs vest after a two-year performance period ending April 1, 2025

Performance-Based RSUs Tied to Free Cash Flow (FCF)

  • Grant Date: February 15, 2023
  • Grant Date Fair Value: $2,843,436
  • Divisor Price: Based on the average closing price for the 30 calendar-day period ending five business days prior to the grant date (exact price not stated)
Share ComponentThreshold (Shares)Target (Shares)Maximum (Shares)
FCF PRSUs4,818 19,271 38,542

Performance Metrics for FCF PRSUs:

  • Metric: Adjusted Free Cash Flow (FCF)
  • Performance Range:
    • Threshold: 25% of target performance
    • Target: 100% of target performance
    • Maximum: 200% of target performance
  • Vesting: Cliff vesting at the conclusion of a three-year performance period on February 15, 2026, subject to continued service and performance certification
  • Settlement: Cash-settled based on the value of T-Mobile’s common stock at the time of settlement

This detailed breakdown covers the 2023 Performance Compensation components for G. Michael Sievert, including the STIP and both types of Performance-Based Restricted Stock Units with their respective performance metrics, targets, thresholds, maximums, weights, vesting schedules, and payout details.

Interviews

T-Mobile CEO Mike Sievert on Q4 results: 2024 was the biggest growth year in company history thumbnail

T-Mobile CEO Mike Sievert on Q4 results: 2024 was the biggest growth year in company history

CNBC Television
6:50 min
Jan 29, 2025
T-Mobile CEO Mike Sievert sits down with Jim Cramer thumbnail

T-Mobile CEO Mike Sievert sits down with Jim Cramer

CNBC Television
8:41 min
Sep 19, 2024
T-Mobile saw 'really strong' quarter for customer growth, says CEO Mike Sievert thumbnail

T-Mobile saw 'really strong' quarter for customer growth, says CEO Mike Sievert

CNBC Television
5:04 min
Apr 24, 2025
T-Mobile CEO Mike Sievert on Q4 results: Revenue per customer is rising 'without the shenanigans' thumbnail

T-Mobile CEO Mike Sievert on Q4 results: Revenue per customer is rising 'without the shenanigans'

CNBC Television
5:27 min
Jan 25, 2024
T-Mobile CEO Mike Sievert on Q2 results: Biggest Q2 on customer growth in company history thumbnail

T-Mobile CEO Mike Sievert on Q2 results: Biggest Q2 on customer growth in company history

CNBC Television
6:48 min
Jul 31, 2024
We're going to transform this business, says T-Mobile CEO Mike Sievert thumbnail

We're going to transform this business, says T-Mobile CEO Mike Sievert

CNBC Television
2:22 min
Sep 19, 2024
T-Mobile CEO Mike Sievert on announcing $19 billion buyback program and first-ever dividend thumbnail

T-Mobile CEO Mike Sievert on announcing $19 billion buyback program and first-ever dividend

CNBC Television
4:46 min
Sep 6, 2023
T-Mobile CEO Mike Sievert Talks 'Monster Q4' | Bloomberg Talks thumbnail

T-Mobile CEO Mike Sievert Talks 'Monster Q4' | Bloomberg Talks

Bloomberg Podcasts
10:38 min
Jan 29, 2025
T-Mobile CEO Mike Sievert on Q3 earnings beat thumbnail

T-Mobile CEO Mike Sievert on Q3 earnings beat

CNBC Television
4:00 min
Oct 25, 2023
T-Mobile's Q2 growth is the 'highest in the industry': CEO thumbnail

T-Mobile's Q2 growth is the 'highest in the industry': CEO

Yahoo Finance
7:13 min
Sep 6, 2023