Sundar PichaiSundar Pichai earned $164M in 2023
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Denise L. Ramos

Ex-CEO of ITT

Born

July 30, 2024 - 0 years ago

Economy Sector

Industrials

Tenure

6 years 2 months (Oct 2011 - Jan 2018)

Previous Experience

Unknown

Denise L. Ramos has been the CEO of ITT Inc. since October 2011, bringing a wealth of financial expertise to the table. Before stepping into her current role, she was the Chief Financial Officer at ITT, but her career spans...

Year

2018

Total Compensation

$4.38M

Salary

$1.00M

Board Justification

The compensation philosophy aligns executive compensation with business performance and shareholder return, with a significant portion of pay being performance-based.

Bonus

$1.20M

Board Justification

The annual incentive plan (AIP) payout for 2018 was 148.5% of target, based on performance metrics including Adjusted EPS, Adjusted Revenue, Adjusted Cash Flow, and Adjusted Operating Margin.

Other

$142.26K

Board Justification

This includes contributions to the ITT Supplemental Retirement Savings Plan and other non-qualified savings.

Restricted Stock

$2.04M(42.18K RSU)

Board Justification

The stock awards that vested in 2018 included 42,240 RSUs and 21,778 PSUs, with the PSUs vesting at 126% of target based on performance metrics.

Performance Metrics

Performance metrics included Adjusted EPS, Adjusted Revenue, Adjusted Cash Flow, and Adjusted Operating Margin.