Albert G. White, III is the President and CEO of The Cooper Companies, Inc. since May 1, 2018. Under his leadership, the company has seen impressive company growth and performance metrics tied to compensation, reflecting a pay-for-performance culture. In 2023,...

Number of Employees

15K

Year

2023

Total Compensation

$7.93M

Salary

$1.08M

Board Justification

The compensation philosophy emphasizes a pay-for-performance culture that aligns executive compensation with financial and stockholder return outcomes, with a significant portion of total compensation tied to performance metrics.

Bonus

$1.84M

Board Justification

The bonus is based on the achievement of designated quantitative financial metrics (75% of target) and non-financial goals (25% of target) under the 2023 Incentive Payment Plan, with overall achievement certified at 139.5% of target.

Other

$16.05K

Board Justification

Other compensation includes matching contributions under the 401(k) Plan and an annual automobile allowance.

Restricted Stock

$5.00M(16.02K RSU)

Board Justification

The stock awards granted as RSUs vest in equal annual installments over four years, with 16,023 shares vesting in 2023.

Performance Metrics

The performance metrics for the 2023 fiscal year included revenue and non-GAAP EPS for the Company, as well as operating income for CooperVision and CooperSurgical.

SEC Filing

From February 2, 2024

Rivals

Competitors/colleagues of Albert G. White, III

Albert G. White, III

CEO of The Cooper Companies, Inc.

T

Education

Field of Expertise

Born

Invalid Date - 0 years ago

Is Founder?

No

Current Tenure

6 years 8 months (May 2018 - Present)

Previous Experience

Unknown