Walter C. D. Carlson received $4.8M in total compensation as President and CEO of TDS of TELEPHONE & DATA SYSTEMS INC /DE/ in FY2025. The largest component was $3.1M in stock awards. Source: SEC DEF 14A.
In fiscal year 2025, Walter C. D. Carlson, President and CEO of TDS of TELEPHONE & DATA SYSTEMS INC /DE/ (TDS), received total compensation of $4.8 million.
Walter C. D. Carlson's compensation breakdown includes: base salary of $736K, bonus of $940K, stock awards valued at $3.1 million, and other compensation of $8K.
TELEPHONE & DATA SYSTEMS INC /DE/'s top 8 named executive officers received combined total compensation of $36.8 million in fiscal year 2025.
The named executive officers disclosed in TELEPHONE & DATA SYSTEMS INC /DE/'s 2025 proxy statement are:Walter C. D. Carlson (President and CEO of TDS) with total compensation of $4.8 million, Laurent C. Therivel (Former President and CEO of Array) with total compensation of $9.3 million, Le Roy T. Carlson (Vice Chair and Former President and CEO of TDS) with total compensation of $7.0 million, James W. Butman (Former President and CEO of TDS Telecom) with total compensation of $5.5 million, Kenneth S. Dixon (President and CEO of TDS Telecom) with total compensation of $4.1 million, Vicki L. Villacrez (Executive Vice President and Chief Financial Officer of TDS) with total compensation of $3.4 million, Joseph R. Hanley (Senior Vice President Strategy and Corporate Development of TDS) with total compensation of $2.2 million, and Anthony J. M. Carlson (President and CEO of Array) with total compensation of $585K.
Walter C. D. Carlson, President and CEO of TDS of TELEPHONE & DATA SYSTEMS INC /DE/ (TDS), received $4,767,544 in total compensation for FY2025. Stock awards of $3,084,325 were the largest component. Figures come from TELEPHONE & DATA SYSTEMS INC /DE/'s DEF 14A 0001051512-26-000024 filed 8 Apr 2026.
Source Filing
Executive Record
Walter C. D. Carlson
President and CEO of TDS
Reported Pay
$4.8MSummary compensation table total · FY2025
Read the board's pay decision against shareholder returns and current filing context.
TELEPHONE & DATA SYSTEMS INC /DE/ (TDS) — Key Facts
Last updated Sep 19, 2026 · DEF 14A filed Apr 8, 2026
| CEO | Walter C. D. Carlson, President and CEO of TDS |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $4.8M |
| Base salary | $736K |
| Stock awards | $3.1M |
| Other compensation | $8K |
| Source | DEF 14A, 2026-04-08 |
Walter C. D. Carlson, the President and CEO of TDS of TELEPHONE & DATA SYSTEMS INC /DE/, received total compensation of $4,767,544 in fiscal year 2025. This includes base salary of $735,579 and stock awards valued at $3,084,325. Figures come from TELEPHONE & DATA SYSTEMS INC /DE/'s DEF 14A 0001051512-26-000024 filed 8 Apr 2026.
Walter C. D. Carlson's base salary at TELEPHONE & DATA SYSTEMS INC /DE/ is $735,579 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $4,767,544. Figures come from TELEPHONE & DATA SYSTEMS INC /DE/'s DEF 14A 0001051512-26-000024 filed 8 Apr 2026.
TELEPHONE & DATA SYSTEMS INC /DE/'s CEO, Walter C. D. Carlson, earned $4,767,544 in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($3,084,325) rather than base salary ($735,579). Figures come from TELEPHONE & DATA SYSTEMS INC /DE/'s DEF 14A 0001051512-26-000024 filed 8 Apr 2026.
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