Sundar PichaiSundar Pichai earned $164M in 2023
A

Arie Kotler

CEO of ARKO Corp.

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1975 - 50 years ago

Economy Sector

Consumer Cyclical

Current Tenure

4 years 2 months (Dec 2020 - Present)

Previous Experience

Chairman and Chief Executive Officer of Arko Holdings, Ltd.

Arie Kotler has been at the helm of ARKO Corp. since late 2020, guiding the company through robust growth and strategic changes in the business landscape. With a B.S. in Business Administration from the University of Maryland, he combines academic...

Year

2023

Total Compensation

$2.20M

Salary

$1.15M

Board Justification

The compensation strategy is guided by principles of alignment to stakeholders, performance focus, competitiveness, and transparency. The aim is to attract, retain, and motivate executives while rewarding them in a manner aligned with the Company’s financial performance.

Bonus

$0.00

Board Justification

Mr. Kotler's target bonus opportunity is equal to 150% of his current base salary, based on satisfaction of performance criteria established by the Compensation Committee. The actual payout for 2023 was 50% of the Target Bonus, which amounts to $885,128.

Other

$6.45K

Board Justification

Includes the amount the Company paid for the employee-paid portion of group medical coverage for Mr. Kotler in 2023.

Restricted Stock

$1.05M(127.21K RSU)

Board Justification

The RSUs vest 50% on March 1, 2024 and March 1, 2025, with a total of 127,208 RSUs granted.

Performance Metrics

The primary performance metric for the CEO's compensation is EBITDA, which is a key indicator of the Company's operating performance.