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

Ex-CEO of Trimas

Education

MBA from Harvard Business School, BS in Mechanical Engineering from Purdue University.

Field of Expertise

Technology & Engineering - Engineering

Born

June 15, 1951 - 73 years ago

Economy Sector

Consumer Cyclical

Tenure

7 years 6 months (Jan 2009 - Jul 2016)

Previous Experience

Served as President and CEO of Metaldyne Corporation.

David M. Wathen served as the CEO of TriMas Corporation from January 2009 to July 2016. His journey began with a solid background in engineering and business, holding degrees from Purdue University and St. Francis University. Wathen has a wealth...

Year

2016

Total Compensation

$587.09K

Salary

$444.29K

Board Justification

The compensation philosophy is designed to attract and retain key leaders, motivate executives to improve financial and operational performance, and reward achievement that aligns with shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded as Mr. Wathen left the Company effective July 25, 2016, resulting in a prorated award from the original target.

Other

$142.80K

Board Justification

Other compensation includes a perquisite allowance of $41,250 and contributions to retirement and 401(k) plans totaling $74,740.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2016 as Mr. Wathen's stock awards were pro-rated upon his departure.

Performance Metrics

The performance metrics include sales, operating profit margin, cash flow generation, and earnings per share.