David A. Zapico has been leading Ametek, Inc. as CEO since May 2016. His journey began back in 1990 when he joined as a product engineer. Over the years, he climbed through various positions, eventually becoming the Chief Operating Officer...

Number of Employees

21.5K

Year

2023

Total Compensation

$2.72M

Salary

$1.36M

Board Justification

The compensation philosophy emphasizes competitive compensation, performance incentives, stockholder alignment, and retention incentives, with a significant portion of compensation being at risk based on performance metrics.

Bonus

$788.80K

Board Justification

The bonus is based on performance metrics including adjusted earnings per share and organic revenue growth, with a target bonus of 145% of salary.

Other

$566.38K

Board Justification

Includes employer contributions under company-sponsored defined contribution plans and perquisites such as a car allowance.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was reported as vested in 2023; only stock grants and options are included in total calculations.

Performance Metrics

Performance metrics include adjusted earnings per share, organic revenue growth, and operating income.

SEC Filing

From March 12, 2024