Kevin M. Olsen is the CEO of Dorman Products, Inc., a role he took on in January 2019 after joining the company in 2016 as the Chief Financial Officer. His career before Dorman includes significant roles in various companies, including...
Kevin M. Olsen is the CEO of Dorman Products, Inc., a role he took on in January 2019 after joining the company in 2016 as the Chief Financial Officer. His career before Dorman includes significant roles in various companies, including Colfax Corporation and Precision Castparts Corp, bringing a wealth of experience in financial management and operations. Under his leadership, Dorman has focused on performance-driven growth, evident in his compensation structure, which is heavily tied to the company’s success metrics. In 2023, he received a total compensation of $1,500,614, a notable increase from $1,120,565 in 2022, showcasing the company's performance improvements. Olsen's employment agreement reflects a commitment to shareholder alignment, with annual bonuses based on financial performance. He also holds a significant stake in Dorman products, which indicates his confidence in the company’s future. Interestingly, he transitioned into the CEO role during a critical time, guiding the company through market fluctuations and aiming for sustainable growth. His approach has encouraged innovation while maintaining strong financial discipline, a balancing act that is crucial in today's ever-changing market landscape.