Sundar PichaiSundar Pichai earned $164M in 2023
F

Mark Fields

Ex-CEO of Ford Motor Company

Education

Bachelor of Business Administration from Rutgers University

Field of Expertise

Business & Management

Born

September 2, 1961 - 63 years ago

Economy Sector

Consumer Cyclical

Tenure

3 years 1 month (Jul 2014 - Aug 2017)

Previous Experience

Executive Vice President and President of Ford's Global Markets, CEO of Ford of Australia

Mark Fields is a well-known figure in the automotive industry, having served as the CEO of Ford Motor Company from July 2014 until August 2017. He holds a Bachelor of Business Administration from Rutgers University and has a strong focus...

Year

2022

Total Compensation

$21.00M

Salary

$1.70M

Board Justification

The compensation philosophy is designed to attract and retain key talent while aligning executive compensation with the company's performance and shareholder interests, emphasizing a mix of base salary, annual bonuses, and long-term incentives tied to performance metrics.

Bonus

$2.75M

Board Justification

The final cash award paid to each Named Executive is subject to adjustment based on individual performance toward key performance indicators and objectives, with a business performance factor of 90% applied to the incentive bonus target opportunity.

Other

$1.40M

Board Justification

Other compensation includes various benefits and perquisites provided to the CEO, such as personal travel and vehicle allowances.

Restricted Stock

$15.15M(15.15M RSU)

Board Justification

The value of vested stock awards in 2022, which are performance-based stock units (PSUs) that were granted in prior years and vested based on performance metrics.

Performance Metrics

The performance metrics for the CEO's compensation in 2022 included adjusted EBIT, adjusted free cash flow, and quality metrics, with a focus on accountability for overall company performance.