Sundar PichaiSundar Pichai earned $164M in 2023
J

John P. Lovato

Ex-CEO of Jabil

Economy Sector

Technology

Tenure

0 years 0 months (Oct 2011 - Nov 2011)

Previous Experience

Unknown

John P. Lovato is a notable figure from his time at Jabil Inc., where he served as a key executive before shifting responsibilities in late 2011. His tenure saw him heavily involved in the company's operations, focusing on performance metrics...

Year

2011

Total Compensation

$2.83M

Salary

$520.00K

Board Justification

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

Bonus

$762.84K

Board Justification

Annual cash incentive based on performance metrics including core operating income and profit margin, achieving 163% of target for fiscal 2011.

Other

$1.54M

Board Justification

Includes expatriate benefits related to previous work assignment in Belgium, including tax assessments, relocation expenses, and other allowances.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2011; performance-based RSUs are tied to cumulative core EPS and core operating profit margin, with vesting contingent on performance over a multi-year period.

Performance Metrics

Performance metrics included core operating income, core operating profit margin, and cumulative core EPS over a multi-year period.