Sundar PichaiSundar Pichai earned $164M in 2023
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David M. Foulkes

CEO of Brunswick

Education

Bachelor's degree in Engineering from the University of Michigan

Field of Expertise

Technology & Engineering - Engineering

Born

June 1, 1961 - 63 years ago

Economy Sector

Consumer Cyclical

Current Tenure

6 years 1 month (Jan 2019 - Present)

Previous Experience

Chief Technology Officer and President, Brunswick Marine Consumer Solutions

David M. Foulkes is the CEO of Brunswick Corporation, a company he has been with since 2007. He has a strong background in engineering with a degree from the University of Michigan, which fits well in a tech-driven industry like...

Year

2023

Total Compensation

$1.55M

Salary

$1.16M

Board Justification

The compensation philosophy aims to align executive pay with performance and shareholder interests, emphasizing long-term value creation and competitive compensation.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 due to performance below targets set for the Brunswick Performance Plan (BPP).

Other

$389.62K

Board Justification

Other compensation includes contributions to defined contribution plans, product program allowances, personal use of company aircraft, and executive physicals.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the amounts reported include only the stock that vested, excluding grants that were not vested.

Performance Metrics

The performance metrics for 2023 included Adjusted Earnings Per Share (EPS), Free Cash Flow (FCF), and division-specific EBIT.