Eric T. Langevin served as the Executive Vice President and Chief Operating Officer at Kadant Inc., a company focused on providing equipment and systems for the paper, plastics, and other industries. With a degree in Mechanical Engineering from the University...

Current Market Cap

$4.61B

Number of Employees

3.1K

Total Compensation

2018 - 2022

Trending up by 3.02% last year
Showing total compensation for the last 2018 - 2022

Stock

Down by -81.81% last year

Salary

Up by 76.70% last year

Bonus

Up by 206.89% last year

Other

Up by 16.40% last year

Year

2022

Total Compensation

$3.28M

Salary

$845.00K

Board Justification

The compensation program is designed to reward and motivate executives to achieve long-term value for stockholders by linking compensation to performance metrics.

Bonus

$2.05M

Board Justification

Annual performance-based cash incentive opportunity based on objective financial measures including earnings per share growth and return on average stockholders’ equity.

Other

$18.13K

Board Justification

Includes employer contributions under the 401(k) savings plan, life insurance premiums, and other benefits.

Restricted Stock

$368.04K(17.5K RSU)

Board Justification

Performance-based restricted stock units that vested in 2022 based on achieving performance goals related to adjusted EBITDA.

Performance Metrics

Adjusted diluted EPS growth and adjusted return on average stockholders’ equity.

SEC Filing

From March 29, 2023

Eric T. Langevin

Ex-CEO of Kadant

ET

Education

Bachelor's Degree in Mechanical Engineering from the University of Massachusetts Amherst

Field of Expertise

Technology & Engineering - Engineering

Born

March 2, 1964 - 60 years ago

Is Founder?

No

Tenure

3 years 5 months (Oct 2018 - Mar 2022)

Previous Experience

Executive Vice President and Chief Operating Officer of Kadant Inc.

View Holdings

Insider Holdings of Eric T. Langevin

KAI

$12.41M

$3.70M (42.43%)

Last Insider Trade

KAI

$5.58M

KAI at $223.34/share

Nov 15, 2021

Sale