Sundar PichaiSundar Pichai earned $164M in 2023
J

Hai Hwai "HH" Chiang

CEO of Jabil

Economy Sector

Technology

Current Tenure

13 years 4 months (Nov 2011 - Present)

Previous Experience

Unknown

Hai Hwai "HH" Chiang is the CEO of Jabil, a leading manufacturing services company. He stepped into this role in 2011, after serving as Senior Vice President. During his time at Jabil, Hwai has prioritized performance-driven results, with bonuses often...

Year

2023

Total Compensation

$3.91M

Salary

$1.00M

Board Justification

Jabil's compensation philosophy emphasizes a pay-for-performance model, aligning executive compensation with long-term stockholder value through significant at-risk components tied to financial performance and stock price.

Bonus

$2.91M

Board Justification

The target Annual Incentive for fiscal year 2023 was set at 150% of base salary, with actual payout based on performance metrics including corporate core operating income, core operating income margin, and corporate free cash flow, resulting in a payout of 195.5%.

Other

$0.00

Board Justification

No additional compensation was reported for fiscal year 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023 as the focus was on performance-based equity awards that vest over a three-year period.

Performance Metrics

The performance metrics for fiscal year 2023 included corporate core operating income, corporate core operating income margin, and corporate free cash flow.