Matthew J. Simoncini has had a solid career in the automotive industry, highlighted by his time as CEO of Lear Corporation from 2011 to 2018. He earned his Bachelor's in Finance and MBA from the University of Michigan, which gave...

Current Market Cap

$270.94M

Number of Employees

23K

Total Compensation

2014 - 2019

Trending up by 686.47% last year
Showing total compensation for the last 2014 - 2019

Stock

Down by -100.00% last year

Salary

Up by 2305.23% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2019

Total Compensation

$1.12M

Salary

$1.00M

Board Justification

The compensation programs are designed to link executive compensation to Company performance, attract and retain a highly-qualified executive leadership team, and align the interests of executives with those of stockholders.

Bonus

$0.00

Board Justification

No annual incentive award is payable if the Company fails to meet the threshold performance goal for Adjusted EBITDA. The performance achievement for 2019 was below threshold, resulting in no payout under the AIP being earned for 2019 performance for any of our NEOs.

Other

$122.64K

Board Justification

Includes Company contributions under the CSA Savings Plan, nonqualified Supplemental Executive Retirement Plan, the cost of a Company-provided vehicle, and life insurance premiums paid by the Company.

Restricted Stock

$0.00(0 RSU)

Board Justification

The amounts shown in the summary compensation table include stock awards, but no stock was vested in 2019 as the performance conditions were not met.

Performance Metrics

The performance metric for 2019 was Adjusted EBITDA, which was below the threshold level, resulting in no annual incentive payments.

SEC Filing

From April 9, 2020

Matthew J. Simoncini

Ex-CEO of Cooper-Standard Automotive

MJ

Education

Bachelor's degree in Finance from the University of Michigan and MBA from the University of Michigan.

Field of Expertise

Finance & Banking - Finance

Born

May 1, 1966 - 58 years ago

Is Founder?

No

Tenure

2 years 3 months (Mar 2015 - Jun 2017)

Previous Experience

President and Chief Executive Officer of Lear Corporation

View Holdings

Insider Holdings of Matthew J. Simoncini

CPSLAZRLEA

$350.47K

$253.01K (259.60%)

Last Insider Trade

LAZR

123,254 shares

LAZR

Jun 5, 2024

Received