Charles W. Shaver is a seasoned leader with a strong background in finance and a focus on performance-driven strategies. He earned his B.A. in Economics from the University of Florida and an M.B.A. from Harvard Business School, equipping him with...

Current Market Cap

$8.37B

Number of Employees

12K

Total Compensation

2015 - 2019

Trending down by -39.65% last year
Showing total compensation for the last 2015 - 2019

Stock

Down by -83.98% last year

Salary

Up by 3.40% last year

Bonus

Up by 334.09% last year

Other

Down by -9.18% last year

Year

2019

Total Compensation

$5.09M

Salary

$971.92K

Board Justification

The compensation philosophy is to align executive pay with company performance, with a significant portion of compensation being performance-based to incentivize executives to achieve both short-term and long-term goals.

Bonus

$3.00M

Board Justification

The bonus is based on the company's performance metrics and individual performance, with a target of 110% of base salary.

Other

$33.66K

Board Justification

Other compensation includes contributions to retirement plans and perquisites.

Restricted Stock

$1.08M(40.13K RSU)

Board Justification

The stock awards granted in 2019 vest in three equal installments over three years, with the first installment vesting in 2019.

Performance Metrics

The performance metrics for the CEO's compensation include Adjusted EBIT and Adjusted Free Cash Flow, with individual performance also considered.

SEC Filing

From March 20, 2020

Charles W. Shaver

Ex-CEO of Axalta Coating Systems

CW

Education

B.A. degree in Economics from the University of Florida; M.B.A. degree from the Harvard Business School

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1968 - 56 years ago

Is Founder?

No

Tenure

3 years 8 months (Oct 2015 - Jun 2019)

Previous Experience

Executive Vice President and Chief Financial Officer of Axalta from 2013 until that appointment; Chief Financial Officer and Senior Vice President of Roll Global LLC; Executive Vice President of Strategy, New Business Development, and Information Technology at Grupo Industrial Saltillo, S.A.B. de C.V.

View Holdings

Insider Holdings of Charles W. Shaver

AXTASLCA

$46.02M

$5.07M (12.37%)

Last Insider Trade

SLCA

3,280 shares

SLCA

Jul 23, 2024

Charity