Jeffrey Cote, born on November 22, 1967, is the Chief Executive Officer and President of Sensata Technologies, a leader in sensing technology. He has a solid educational background with a Bachelor's degree in Accounting, which has laid the foundation for...

Number of Employees

19.4K

Year

2023

Total Compensation

$1.40M

Salary

$991.43K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests, with a significant portion of pay being at risk based on performance metrics.

Bonus

$0.00

Board Justification

The annual incentive bonus was not paid due to not achieving threshold performance for Adjusted Operating Income or Adjusted Free Cash Flow.

Other

$408.64K

Board Justification

Includes financial counseling and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023 as the focus was on performance-based compensation, and the PRSUs granted in 2023 will vest based on future performance metrics.

Performance Metrics

The performance metrics for 2023 included Adjusted Operating Income and Adjusted Free Cash Flow, with a Performance Scorecard also influencing the annual incentive bonus.

SEC Filing

From April 29, 2024

Jeffrey Cote

CEO of Sensata Technologies

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Education

Bachelor's degree in Accounting

Field of Expertise

Finance & Banking - Finance

Born

November 22, 1967 - 57 years ago

Is Founder?

No

Current Tenure

4 years 10 months (Mar 2020 - Present)

Previous Experience

Executive Vice President, Sensing Solutions and Chief Operating Officer