Douglas S. Schatz, born on September 1, 1948, co-founded Advanced Energy Industries in 1981 and took the role of CEO. He has a degree in Electrical Engineering, which reflects his strong foundation in technology and engineering. Over the years, he...

Number of Employees

10K

Year

2005

Total Compensation

$360.00K

Salary

$237.00K

Board Justification

The compensation philosophy aims to attract, retain, and motivate high-caliber executives through competitive base salaries and performance-based bonuses, aligning executive interests with company performance.

Bonus

$96.00K

Board Justification

The bonus was awarded based on the company's operating results in 2005, with a mid-year cash bonus awarded in September 2005 and a second-half cash bonus awarded in March 2006.

Other

$27.00K

Board Justification

Other compensation includes car allowances and contributions to the 401(k) profit sharing plan.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2005 as all stock options and restricted stock units were granted but not vested during the year.

Performance Metrics

The performance metrics for determining compensation included the company's operating results and individual performance.

SEC Filing

From April 6, 2006

Douglas S. Schatz

Ex-CEO of Advanced Energy Industries

DS

Education

Bachelor's degree in Electrical Engineering

Field of Expertise

Technology & Engineering - Engineering

Born

September 1, 1948 - 76 years ago

Is Founder?

No

Tenure

1 year 11 months (Jan 2004 - Dec 2005)

Previous Experience

President and Chief Executive Officer at Applied Materials, Inc.