Dean P. Freeman is a finance expert with a solid background in the industry. He earned his Bachelor's degree in Finance from the University of Texas at Austin. Before stepping into leadership roles, he worked at Flowserve Corporation, overseeing finance...

Number of Employees

5.1K

Year

2014

Total Compensation

$1.10M

Salary

$350.00K

Board Justification

The compensation philosophy is to provide competitive compensation that attracts, retains, and motivates key executives critical to long-term success, aligning pay with performance and stockholder value.

Bonus

$230.00K

Board Justification

A one-time bonus payment as supplemental compensation for assuming the role of interim Chief Executive Officer of the Company in addition to his continuing role as Chief Financial Officer following Mr. Coghlan's resignation.

Other

$519.04K

Board Justification

Includes a severance payment of $420,000, relocation expenses, a tax gross-up payment, 401(k) contributions, automobile lease expenses, insurance premiums, and the cost of an executive physical examination.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock vested in 2014 as his employment was terminated before any stock awards could vest.

Performance Metrics

Performance metrics included consolidated sales, net income, and free cash flow objectives.

SEC Filing

From March 26, 2015

Dean P. Freeman

Ex-CEO of Watts Water Technologies, Inc.

DP

Education

Bachelor's degree in Finance from the University of Texas at Austin

Field of Expertise

Finance & Banking - Finance

Born

May 20, 1963 - 61 years ago

Is Founder?

No

Tenure

0 years 4 months (Jan 2014 - May 2014)

Previous Experience

Senior Vice President of Finance and Treasurer at Flowserve Corporation