Ajita G. Rajendra has had a significant impact on A. O. Smith Corporation since he joined in 2005. He climbed the ranks from President of the Water Products Company to CEO, a position he has held since 2014. After years...

Current Market Cap

$12.97B

Number of Employees

12K

Total Compensation

2014 - 2018

Trending up by 67.86% last year
Showing total compensation for the last 2014 - 2018

Stock

Up by 0.00% last year

Salary

Up by 2.91% last year

Bonus

Down by -0.89% last year

Other

Down by -57.61% last year

Year

2018

Total Compensation

$4.23M

Salary

$1.06M

Board Justification

The compensation philosophy aims to attract and retain top talent, linking a significant portion of compensation to performance metrics aligned with shareholder interests.

Bonus

$1.34M

Board Justification

The annual incentive bonus is tied to achieving financial objectives, with a target incentive opportunity for the CEO set at 120% of base pay in 2018.

Other

$60.00K

Board Justification

Annual perquisite allowance provided to the executive chairman.

Restricted Stock

$1.77M(29.5K RSU)

Board Justification

The stock awards that vested in 2018 were based on performance and time-based vesting criteria, with a total of 29,500 shares vested during the year.

Performance Metrics

The performance metrics for determining the CEO's compensation included achieving a target financial measure of 24.58% Return on Equity.

SEC Filing

From February 28, 2019