Jeffrey L. Turner served as the CEO of Spirit AeroSystems from 2005 until his retirement in 2013. During his time, he was instrumental in shaping the company's growth after it separated from Boeing. Under his leadership, Spirit became a significant...

Current Market Cap

$3.71B

Number of Employees

20.66K

Total Compensation

2009 - 2013

Trending up by 329.34% last year
Showing total compensation for the last 2009 - 2013

Stock

Up by 0.00% last year

Salary

Down by -23.62% last year

Bonus

Down by -100.00% last year

Other

Down by -58.49% last year

Year

2013

Total Compensation

$4.09M

Salary

$567.59K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate highly qualified executive officers by providing competitive compensation that is market-based and ensuring a substantial portion of total compensation is variable, delivering awards based on company and individual success.

Bonus

$0.00

Board Justification

No bonus was awarded to Mr. Turner for 2013 due to his retirement in June 2013.

Other

$45.58K

Board Justification

Other compensation includes contributions to defined contribution plans and other benefits.

Restricted Stock

$3.48M(169.72K restricted stock)

Board Justification

Mr. Turner received 169,720 shares of restricted stock that vested in 2013, including 10,962 shares from the STIP and 158,758 shares from the LTIP.

Performance Metrics

The performance metrics for 2013 included company-wide quantitative measures of earnings before interest and taxes (EBIT), EBIT as a percentage of revenue, and total free cash flow.

SEC Filing

From March 26, 2014