Max H. Mitchell is the current CEO of Crane Company, a leading manufacturer of specialized industrial products. He came on board as CEO in 2023 after serving as the president of Crane NXT and also held various roles at Lennox...

Current Market Cap

$10.20B

Number of Employees

7.3K

Total Compensation

2023 - 2023

Trending up by 0.00% last year
Showing total compensation for the last 2023 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$4.07M

Salary

$1.20M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder value.

Bonus

$2.61M

Board Justification

Annual cash bonus based on performance metrics including adjusted EPS and free cash flow, with a payout percentage of 181.3% of target.

Other

$256.08K

Board Justification

Includes various forms of compensation such as contributions to retirement plans, personal use of company aircraft, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No vested stock reported for 2023; all stock awards are subject to performance metrics and vesting schedules.

Performance Metrics

Performance metrics for 2023 included adjusted EPS and free cash flow, which determined the annual incentive payout.

SEC Filing

From March 7, 2024

Max H. Mitchell

CEO of Crane Co.

C

Education

Bachelor's degree in Mechanical Engineering from the University of Michigan

Field of Expertise

Technology & Engineering - Engineering

Born

August 15, 1965 - 59 years ago

Is Founder?

No

Current Tenure

1 year 7 months (Apr 2023 - Present)

Previous Experience

President and Chief Executive Officer at Crane Company

View Holdings

Insider Holdings of Max H. Mitchell

CR

$66.14M

$24.67M (59.48%)

Last Insider Trade

CR

$441.56K

CR at $104.09/share

Nov 29, 2023

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