Sundar PichaiSundar Pichai earned $164M in 2023
A

Kenneth B. Gilman

Ex-CEO of Asbury Automotive Group

Education

Bachelor's degree

Field of Expertise

Manufacturing & Industrial - Automotive

Born

January 1, 1945 - 80 years ago

Economy Sector

Consumer Cyclical

Tenure

5 years 4 months (Jan 2002 - May 2007)

Previous Experience

President and CEO of Asbury Automotive Group, Inc.

Kenneth B. Gilman served as the President and CEO of Asbury Automotive Group from 2002 until his retirement in 2007. With a background in the automotive industry, he brought his expertise to the company during a time of significant growth....

Year

2007

Total Compensation

$914.61K

Salary

$776.25K

Board Justification

The compensation philosophy reflects the evolving needs of a young, growing organization, focusing on retention and alignment with company performance.

Bonus

$0.00

Board Justification

Pursuant to the terms of Mr. Gilman's employment agreement, he did not receive a 2007 bonus payment upon his retirement on May 4, 2007.

Other

$138.36K

Board Justification

Includes reimbursements for medical and dental insurance claims, legal fees, tax gross-ups, a Company 401(k) plan match, and an automobile allowance.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was granted to Mr. Gilman in 2007 as he retired on May 4, 2007.

Performance Metrics

The annual cash bonus was based entirely on a pre-established net income before taxes (NIBT) metric.