Sundar PichaiSundar Pichai earned $164M in 2023
H

Mark Irion

Ex-CEO of Herc Holdings

Field of Expertise

Finance & Banking - Finance

Economy Sector

Industrials

Tenure

4 years 8 months (Jun 2018 - Mar 2023)

Previous Experience

Former CFO of Neff Corporation and Markvision Holdings, Inc.

Mark Irion has played a key role in the equipment rental industry since joining Herc Holdings as Chief Financial Officer and Senior Vice President in 2018. Before Herc, he worked for Neff Corporation for nearly two decades, leading its financial...

Year

2022

Total Compensation

$1.71M

Salary

$521.64K

Board Justification

The compensation philosophy is designed to align with business strategy and objectives, focusing on performance-based incentives to drive long-term stockholder value.

Bonus

$835.92K

Board Justification

The bonus is based on the Executive Incentive Compensation Plan (EICP) which is tied to the company's performance metrics and individual performance scores for the year 2022.

Other

$350.45K

Board Justification

Other compensation includes perquisites such as personal use of a car and a perquisite allowance for medical expenses and financial planning.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2022 as the focus was on performance-based awards that vest over a longer period.

Performance Metrics

The performance metrics for 2022 included Adjusted EBITDA, Return on Revenue Earning Equipment, and Equipment Rental Revenue Growth.