Sundar PichaiSundar Pichai earned $164M in 2023
C

Cedric Wilmotte

CEO of Capri Holdings

Education

Master's degree in Business Administration from INSEAD.

Field of Expertise

Business & Management

Born

January 1, 1974 - 51 years ago

Economy Sector

Consumer Cyclical

Current Tenure

1 year 10 months (Apr 2023 - Present)

Previous Experience

Interim Chief Executive Officer for Versace, Chief Operating Officer of Versace, led the Michael Kors EMEA business.

Cedric Wilmotte, born in 1974, is the Chief Executive Officer of Michael Kors, a part of Capri Holdings Limited. With a Master’s degree from INSEAD, Cedric's career in the fashion industry spans several prestigious roles. Before taking the helm at...

Year

2023

Total Compensation

$7.31M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with company performance and shareholder interests, while ensuring competitive compensation to attract and retain top talent.

Bonus

$2.00M

Board Justification

Guaranteed annual cash incentive for Fiscal 2024 at the maximum level, payable in two installments: $1,000,000 in the first pay period following his start date and $1,000,000 on June 30, 2024.

Other

$0.00

Board Justification

No additional compensation reported for Mr. Wilmotte in 2023.

Restricted Stock

$4.31M(95.06K RSUs)

Board Justification

Time-based restricted share units (RSUs) granted on June 15, 2023, vesting in 1/3 installments over three years, subject to continued employment.

Performance Metrics

Annual cash incentive based on company performance metrics, including financial targets.