Sundar PichaiSundar Pichai earned $164M in 2023
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Douglas Becker

Founder and Ex-CEO of Laureate Education, Inc.

Education

Bachelor's degree from Dartmouth College

Field of Expertise

Other - Education

Born

December 1, 1962 - 62 years ago

Economy Sector

Consumer Defensive

Tenure

0 years 10 months (Feb 2017 - Dec 2017)

Previous Experience

Founder and CEO of Laureate Education, Inc.

Douglas Becker is an accomplished CEO known for his leadership at Laureate Education, Inc., where he served from 2004 until 2017. He holds an MBA from Harvard Business School, which laid the foundation for his career in the education sector....

Year

2017

Total Compensation

$22.05M

Salary

$1.14M

Board Justification

The compensation philosophy aims to align executive compensation with company performance, ensuring that a significant portion of total compensation is performance-based and competitive with market standards.

Bonus

$20.38M

Board Justification

The bonus is based on the Annual Incentive Plan (AIP) for 2017, which is performance-based and contingent on achieving specific financial metrics.

Other

$45.37K

Board Justification

Other compensation includes various benefits such as executive supplemental disability plan premiums and medical concierge services.

Restricted Stock

$491.59K(36.25K PSUs)

Board Justification

The stock awards that vested in 2017 were performance share units (PSUs) based on achieving the applicable performance goals for the year.

Performance Metrics

Performance metrics for the AIP included Adjusted Financing EBITDA, revenues, operating EBITDA margin, and new enrollments.