Sundar PichaiSundar Pichai earned $164M in 2023
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Ehsan Zargar

Ex-CEO of Spectrum Brands Holdings

Economy Sector

Consumer Defensive

Tenure

3 years 9 months (Jan 2017 - Oct 2020)

Previous Experience

Unknown

Ehsan Zargar is the former CEO of Spectrum Brands Holdings, a major player in consumer goods. He joined the company as a board member in 2017 and helped steer it through significant growth. With a solid background in law and...

Year

2020

Total Compensation

$3.75M

Salary

$400.00K

Board Justification

The compensation philosophy is designed to link pay for performance, encourage prudent decision-making, and create a balanced focus on short-term and long-term performance and value creation.

Bonus

$307.80K

Board Justification

The bonus is based on the Management Incentive Plan (MIP) which is 100% performance-based, contingent upon achieving annual performance goals related to Adjusted EBITDA and Adjusted Free Cash Flow.

Other

$156.60K

Board Justification

Other compensation includes contributions to a supplemental executive life insurance program and other benefits.

Restricted Stock

$2.88M(2.88M RSU)

Board Justification

The stock awards consist of performance-based restricted stock units (PSUs) and time-based restricted stock units (RSUs) that will vest based on the achievement of cumulative performance metrics over a three-year period.

Performance Metrics

The performance metrics for the Management Incentive Plan (MIP) are based on Adjusted EBITDA and Adjusted Free Cash Flow.