Sundar PichaiSundar Pichai earned $164M in 2023
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Gautam Patel

CEO of Spectrum Brands Holdings

Economy Sector

Consumer Defensive

Current Tenure

4 years 4 months (Oct 2020 - Present)

Previous Experience

Unknown

Gautam Patel is a key player at Spectrum Brands Holdings, Inc., serving as a director since October 2020. Known for his hands-on approach to leadership, Gautam has successfully guided the company through significant changes in its strategy and operations. His...

Year

2023

Total Compensation

$20.32M

Salary

$550.00K

Board Justification

The compensation program 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

$637.31K

Board Justification

Annual MIP bonus for Fiscal 2023 payable at 56.65% of target, contingent on performance metrics being met.

Other

$10.69K

Board Justification

Health and welfare benefits continuation for the Executive and any dependents for 18 months following termination.

Restricted Stock

$19.13M(5.74M RSU)

Board Justification

All unvested outstanding time-based RSUs would be payable upon termination without cause or due to death or disability or for resignation with good reason.

Performance Metrics

Adjusted EBITDA, Net Sales, and Adjusted Average Inventory Turns for MIP; Adjusted EBITDA, Adjusted Free Cash Flow, and Adjusted Return on Equity for LTIP.