David P. Hess, the former interim CEO of Howmet Aerospace, has quite an impressive background. Born in 1956, he holds a unique combination of degrees, including a bachelor's in physics and a bachelor's and master's in electrical engineering. His career...

Current Market Cap

$46.21B

Number of Employees

23.2K

Total Compensation

2017 - 2018

Trending down by -77.78% last year
Showing total compensation for the last 2017 - 2018

Stock

Down by -100.00% last year

Salary

Up by 37.04% last year

Bonus

Down by -100.00% last year

Other

Down by -83.86% last year

Year

2018

Total Compensation

$1.13M

Salary

$1.10M

Board Justification

The compensation philosophy of Arconic emphasizes pay for performance and shareholder alignment, targeting total compensation at the median of the market while using annual incentive compensation to motivate performance and attract exceptional talent.

Bonus

$0.00

Board Justification

Mr. Hess was ineligible to participate in the Company’s IC plan in any year.

Other

$27.56K

Board Justification

This includes contributions to savings plans and other compensation.

Restricted Stock

$0.00(0 RSU)

Board Justification

All equity grants made to him in 2018 were awarded in his capacity as a Board member in accordance with our Director compensation program.

Performance Metrics

The performance metrics for the CEO's compensation are based on the company's financial performance and individual contributions.

SEC Filing

From March 28, 2019

David P. Hess

Ex-CEO of Howmet Aerospace

DP

Education

Bachelor's degree in physics from Hamilton College and a bachelor's and master's degree in electrical engineering from Rensselaer Polytechnic Institute.

Field of Expertise

Technology & Engineering - Engineering

Born

June 1, 1956 - 68 years ago

Is Founder?

No

Tenure

0 years 9 months (Apr 2017 - Jan 2018)

Previous Experience

Executive Vice President and Chief Customer Officer for Aerospace at United Technologies Corporation.

View Holdings

Insider Holdings of David P. Hess

$4.84M

$2.20M (83.02%)