Sundar PichaiSundar Pichai earned $164M in 2023
T

Harry A. Lawton III

CEO of Tractor Supply Company

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1976 - 49 years ago

Economy Sector

Consumer Cyclical

Current Tenure

5 years 1 month (Jan 2020 - Present)

Previous Experience

President and Chief Executive Officer of the Company since January 2020, previously served as President of the Company and held various leadership positions.

Harry A. Lawton III is the CEO of Tractor Supply Company, where he's been leading since January 2020. He was appointed during a time of significant growth in the company, steering it towards a focus on enhancing customer experiences and...

Year

2023

Total Compensation

$2.88M

Salary

$1.30M

Board Justification

The compensation program is designed to support the business strategy and attract, retain, and motivate the performance and continuity of the leadership team, with a focus on variable, performance-based incentives that align with the company's financial performance and stockholder interests.

Bonus

$1.54M

Board Justification

Mr. Lawton’s target award under the CIP was 150% of his base salary. The award can range from 0% of his base salary, if the Company achieves less than 90% of target net income, to 300% of his base salary, if the Company’s net income meets or exceeds 110% of the target. He was awarded 122.9% of his base salary under the CIP due to the Company attaining 95% of target net income and three of the six strategic initiatives attaining above target achievement.

Other

$41.43K

Board Justification

This includes contributions to the 401(k) plan, deferred compensation plan, group term life insurance, and employer-paid healthcare.

Restricted Stock

$0.00(0 RSUs)

Board Justification

No specific vested stock amount was mentioned for 2023, only the total compensation includes stock options and RSUs that are not included in the total calculations.

Performance Metrics

The performance metrics for the CIP included net income and strategic initiatives, with a focus on achieving financial targets.