Douglas G. Del Grosso is the former CEO of Adient, a company well-known for its contributions to the automotive industry. With a solid background in engineering and business, he holds a bachelor's degree in Mechanical Engineering from Lawrence Technological University...

Current Market Cap

$2.13B

Number of Employees

70K

Total Compensation

2018 - 2022

Trending up by 133.82% last year
Showing total compensation for the last 2018 - 2022

Stock

Up by 247.55% last year

Salary

Up by 0.00% last year

Bonus

Down by -100.00% last year

Other

Down by -61.42% last year

Year

2022

Total Compensation

$18.62M

Salary

$829.50K

Board Justification

The compensation philosophy aligns executive pay with performance and shareholder interests, focusing on long-term value creation and retention of key executives.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal year 2023.

Other

$25.97K

Board Justification

Other compensation includes reimbursement for the cost of an annual executive physical.

Restricted Stock

$17.77M(518.79K RSU)

Board Justification

The value of stock awards that vested during fiscal year 2023, which includes RSUs and PSUs, based on the closing market price on the vesting date.

Performance Metrics

Performance metrics for fiscal year 2023 included Adjusted EBITDA and Free Cash Flow.

SEC Filing

From January 24, 2023

Douglas G. Del Grosso

Ex-CEO of Adient

DG

Education

Bachelor's degree in Mechanical Engineering from Lawrence Technological University, MBA from Michigan State University.

Field of Expertise

Technology & Engineering - Engineering

Born

May 3, 1967 - 57 years ago

Is Founder?

No

Tenure

5 years 2 months (Oct 2018 - Dec 2023)

Previous Experience

Former CEO of Chassix, served in executive roles at TRW Automotive and Lear Corporation.