Sundar PichaiSundar Pichai earned $164M in 2023
D

Avigal Soreq

CEO of Delek US Holdings

Education

Certified Public Accountant in Israel

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1978 - 47 years ago

Economy Sector

Energy

Current Tenure

2 years 8 months (Jun 2022 - Present)

Previous Experience

Former Chief Executive Officer of El Al Israel Airlines

Avigal Soreq is the CEO of Delek US Holdings, Inc., a major player in the energy sector. He graduated as a Certified Public Accountant in Israel and has a solid background in finance. Since taking over in 2022, Avigal has...

Year

2023

Total Compensation

$3.00M

Salary

$900.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and market benchmarks.

Bonus

$1.95M

Board Justification

The bonus is based on the 2023 AIP performance metrics, achieving 158% of target due to exceeding Adjusted EBITDA thresholds and other performance metrics.

Other

$152.10K

Board Justification

Other compensation includes benefits such as health insurance premiums, tax preparation reimbursements, and auto expenses.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus was on performance-based stock units (PSUs) which have not yet vested.

Performance Metrics

Key performance metrics include Adjusted EBITDA, safety metrics, and environmental performance.