Sundar PichaiSundar Pichai earned $164M in 2023
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Donald D. Charron

Ex-CEO of Kimball Electronics

Education

Bachelor's degree in Business Administration from Indiana University.

Field of Expertise

Business & Management

Born

January 1, 1957 - 68 years ago

Economy Sector

Industrials

Tenure

8 years 4 months (Oct 2014 - Feb 2023)

Previous Experience

Chairman and Chief Executive Officer of Kimball Electronics since October 2014.

Donald D. Charron has been the CEO of Kimball Electronics since it became a public company in 2014. With a solid background in business management, he has a bachelor's degree in Business Administration from Indiana University. Under his leadership, the...

Year

2022

Total Compensation

$2.38M

Salary

$723.45K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives by linking compensation to performance metrics that align with shareholder interests.

Bonus

$318.32K

Board Justification

The bonus is based on the Profit Sharing Incentive Bonus Plan, which is tied to the company's economic profit performance for the fiscal year 2022.

Other

$55.41K

Board Justification

This includes benefits received from Company contributions earned for the 401(k) Retirement Plans and SERP plans.

Restricted Stock

$1.28M(54.51K Common Stock)

Board Justification

The stock awards that vested during the fiscal year 2022 were based on performance shares and restricted shares granted in prior years, with the number of shares determined by the company's performance against established goals.

Performance Metrics

The performance metrics for the CEO's compensation are based on the company's economic profit, operating income, and sales growth compared to specific goals.