Sundar PichaiSundar Pichai earned $164M in 2023

Lillian Etzkorn is the Chief Financial Officer and Executive Vice President of LCI Industries, a company she joined in April 2023. With a solid educational background, she holds a Bachelor of Arts degree in Business Administration and Marketing from Eastern...

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Lillian Etzkorn

CEO of LCI Industries

Education

Bachelor of Arts degree in Business Administration and Marketing from Eastern Michigan University and an MBA from the University of Michigan

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Cyclical

Born

January 1, 1969 - 56 years ago

CEO of LCI Industries for

1 year 11 months (Apr 2023 - Present)

Previous Experience

Executive Vice President and Chief Financial Officer for Covia Corporation

Holdings

See how much did Lillian Etzkorn make over time.

Lillian Etzkorn is relatively new in her role at LCI Industries and there is not much public data on her personal stock holdings. However, as CFO, she likely oversees substantial financial assets of LCI Industries, especially since her predecessor had...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Lillian Etzkorn make over time.

Lillian Etzkorn's compensation as CFO at LCI Industries for 2023 amounted to $784,261, which is worth noting given the performance challenges faced by the company. This total includes a base salary of $525,000, showing a focus on stable earnings. However, there were no bonuses granted this year, which is tied to the company not meeting its performance thresholds. Without stock awards or options, Lillian's compensation reflects the company's goals of linking pay closely to performance outcomes. This structure is intended to motivate executives to drive company performance but highlights the pressure of meeting those targets. The absence of performance-based awards suggests that this year has been more about transition and stabilization rather than significant gains, which is common in new leadership scenarios. Her overall benefits package also includes other compensation components like health insurance and retirement contributions, which are essential for attracting and retaining talent in competitive environments.

Year

2023

Total Compensation

$784.26K

Salary

$525.00K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives by linking a substantial portion of their total potential compensation to the Company’s performance on both a long-term and short-term basis.

Bonus

$0.00

Board Justification

No cash incentive was paid due to not meeting the performance threshold for the annual cash incentive plan in 2023.

Other

$259.26K

Board Justification

Other compensation includes health insurance, 401(k) matching contributions, and other perquisites.

Restricted Stock

$0.00(0 RSUs)

Board Justification

No stock awards vested in 2023 as she was appointed CFO in April 2023 and the stock awards are based on performance metrics over a longer period.

Performance Metrics

The primary performance metric for the annual cash incentive plan was Adjusted EBIT, which was not achieved in 2023.

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