Sundar PichaiSundar Pichai earned $164M in 2023
X

Bradley S. Jacobs

Ex-CEO of XPO

Education

N/A

Field of Expertise

Business & Management

Born

January 1, 1961 - 64 years ago

Economy Sector

Industrials

Tenure

11 years 10 months (Sep 2011 - Jul 2023)

Previous Experience

CEO of United Rentals, Inc. and United Waste Systems, Inc.

Bradley S. Jacobs has been the Chief Executive Officer and Chairman of XPO Logistics since 2011. He has previous experience leading two successful public companies: United Rentals, which he co-founded in 1997, and United Waste Systems, founded in 1989. This...

Year

2023

Total Compensation

$30.77M

Salary

$850.00K

Board Justification

The compensation philosophy is designed to align executive pay with performance metrics that drive long-term stockholder value, with a significant portion of compensation being at-risk and performance-based.

Bonus

$2.44M

Board Justification

The bonus is based on the company's performance against its annual adjusted EBITDA target for 2023, which was exceeded by approximately 8.7%, resulting in a payout of 143.45%.

Other

$14.46K

Board Justification

Other compensation includes matching contributions to the 401(k) plan and company-paid life insurance premiums.

Restricted Stock

$27.47M(313.62K RSU)

Board Justification

The vested stock consists of Performance-Based Restricted Stock Units (PSUs) and Restricted Stock Units (RSUs) that were granted in previous years and vested in 2023.

Performance Metrics

The performance metrics for determining compensation include adjusted EBITDA growth, adjusted operating ratio improvement, and relative total shareholder return (TSR) compared to the S&P Transportation Select Index.