Meet John H. Stone, the CEO of Allegion, who brings a strong background in engineering and business to the table. He holds an MBA from Harvard Business School and a Bachelor’s degree in Mechanical Engineering from West Point. These prestigious...

Number of Employees

12.4K

Year

2023

Total Compensation

$2.41M

Salary

$1.03M

Board Justification

The compensation philosophy is designed to create a pay-for-performance culture, aligning executive compensation with the achievement of strategic objectives and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2023.

Other

$9.00K

Board Justification

Includes company matching contributions and other benefits.

Restricted Stock

$1.38M(12.21K RSU)

Board Justification

RSUs granted on February 24, 2023, vesting in three equal installments over three years, with the first installment vesting on February 24, 2024.

Performance Metrics

Performance metrics include adjusted revenue, adjusted EBITDA, and adjusted EPS, with specific targets set for the annual incentive plan.

SEC Filing

From April 19, 2024

John H. Stone

CEO of Allegion

A

Education

M.B.A. from Harvard Business School, B.S. in Mechanical Engineering from the United States Military Academy at West Point

Field of Expertise

Technology & Engineering - Engineering

Born

May 1, 1970 - 54 years ago

Is Founder?

No

Current Tenure

2 years 6 months (Jul 2022 - Present)

Previous Experience

President, Worldwide Construction, Forestry and Power Systems at Deere & Company