John L. Plueger has been at the helm of Air Lease Corporation since July 1, 2016, serving as CEO and President after the leadership transition. Born on May 1, 1966, he holds a degree in Business Administration from the University...

Number of Employees

163

Year

2023

Total Compensation

$3.52M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with the achievement of operational and financial goals to create long-term value for stockholders.

Bonus

$2.21M

Board Justification

The annual performance-based bonus for 2023 was determined based on a corporate performance factor of 147% applied to a target bonus of $1,500,000, resulting in an actual bonus of $2,205,000.

Other

$310.03K

Board Justification

Other compensation includes premiums paid for life insurance and contributions to retirement plans.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus is on performance-based and time-based RSUs that vest in future years.

Performance Metrics

Performance metrics for the 2023 bonus included total revenue and adjusted pre-tax margin, with a focus on achieving cumulative aircraft placement and utilization goals.

SEC Filing

From March 18, 2024

John L. Plueger

CEO of Air Lease

A

Education

Bachelor's degree in Business Administration from the University of Southern California.

Field of Expertise

Finance & Banking - Finance

Born

May 1, 1966 - 58 years ago

Is Founder?

No

Current Tenure

8 years 6 months (Jul 2016 - Present)

Previous Experience

Served as Senior Vice President and Chief Financial Officer at Air Lease Corporation.