Douglas A. Berthiaume is the former Chairman, President, and CEO of Waters Corporation, a leader in scientific laboratory instruments. With a degree in Chemistry from the University of Massachusetts Amherst, he led the company from 1999 until his retirement as...

Number of Employees

7.9K

Year

2015

Total Compensation

$1.46M

Salary

$500.00K

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with the company's financial and operational goals, with a focus on retaining senior executive talent.

Bonus

$878.84K

Board Justification

Mr. Berthiaume was eligible to receive his annual bonus with respect to 2015, calculated based on the company's performance metrics.

Other

$78.23K

Board Justification

This includes matching contributions under the non-qualified Waters 401(k) Restoration Plan and group term life insurance premiums paid by the Company.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to Mr. Berthiaume in 2015 as he declined to be considered for a stock option award due to his significant ownership position in the Company.

Performance Metrics

The performance metrics for the annual bonus were based on the company's achievement of non-GAAP E.P.S. growth and non-GAAP operating income.

SEC Filing

From April 1, 2016