Sundar PichaiSundar Pichai earned $164M in 2023
A

Eric J. Foss

Ex-CEO of Aramark

Born

July 30, 2024 - 0 years ago

Economy Sector

Industrials

Tenure

4 years 4 months (Apr 2015 - Aug 2019)

Previous Experience

Unknown

Eric J. Foss was the CEO of Aramark from April 6, 2015, until August 25, 2019. During his tenure, he helped steer the company through significant growth, leading to a total compensation reaching upwards of $16 million in 2019. Foss's...

Year

2019

Total Compensation

$10.42M

Salary

$1.70M

Board Justification

The compensation philosophy is designed to align executive pay with performance, focusing on attracting and retaining key talent while rewarding achievement of the company's strategic goals.

Bonus

$0.00

Board Justification

No bonus was paid out for 2019 as the annual incentive payout was based solely on financial objectives, resulting in a payout of 86.4% of target due to performance metrics.

Other

$317.39K

Board Justification

This includes various perquisites such as car allowance, insurance premiums, and other benefits.

Restricted Stock

$8.40M(8.4M RSU)

Board Justification

The value of the vested stock includes performance stock units that vested at 162% of target based on cumulative adjusted EPS performance for the FY 2017 - FY 2019 performance period.

Performance Metrics

The performance metrics for 2019 included Adjusted Operating Income, Adjusted Revenue, and Free Cash Flow, with individual performance objectives contributing to the overall incentive payout.