Chris Villavarayan is the CEO and President of Axalta Coating Systems, a company that specializes in coatings and paints. He took the helm on January 1, 2023, after a strong career in operations. Before joining Axalta, he spent over 22...

Current Market Cap

$8.57B

Number of Employees

12K

Total Compensation

2023 - 2023

Trending up by 0.00% last year
Showing total compensation for the last 2023 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$3.30M

Salary

$1.00M

Board Justification

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

Bonus

$1.94M

Board Justification

The bonus was determined based on the company's performance metrics, with a target bonus of $1,250,000 and an actual payout of $1,940,000 reflecting strong performance in Adjusted EBIT and Free Cash Flow.

Other

$356.06K

Board Justification

Other compensation includes perquisites such as executive physicals, insurance contributions, and relocation assistance.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the amounts reported are for stock grants, not vested stock.

Performance Metrics

The performance metrics for determining compensation included Adjusted EBIT, Adjusted EBIT Margin, and Free Cash Flow.

SEC Filing

From April 24, 2024

Chris Villavarayan

CEO of Axalta Coating Systems

A

Education

N/A

Field of Expertise

Business & Management

Born

January 1, 1970 - 54 years ago

Is Founder?

No

Current Tenure

1 year 10 months (Jan 2023 - Present)

Previous Experience

CEO and President of Meritor, Inc.; Executive Vice President and Chief Operating Officer at Meritor; Senior Vice President and President – Global Truck at Meritor; President – Americas at Meritor.

View Holdings

Insider Holdings of Chris Villavarayan

AXTAFELE

$6.74M

$4.50M (200.19%)

Last Insider Trade

FELE

2,415 shares

FELE

May 2, 2024

Received