Sundar PichaiSundar Pichai earned $164M in 2023
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Michael F. Hilton

Ex-CEO of Nordson

Education

Bachelor's degree in Mechanical Engineering from the University of Illinois at Urbana-Champaign

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1959 - 66 years ago

Economy Sector

Industrials

Tenure

11 years 11 months (Jan 2008 - Dec 2019)

Previous Experience

Executive Vice President at Illinois Tool Works Inc.

Michael F. Hilton served as the CEO of Nordson Corporation from 2010 until his retirement in December 2019. With a Bachelor's degree in Mechanical Engineering from the University of Illinois, he brought a strong engineering background to his role. Under...

Year

2019

Total Compensation

$4.69M

Salary

$945.00K

Board Justification

The compensation philosophy emphasizes alignment with shareholder interests, pay for performance, and talent retention, with a significant portion of compensation being performance-based and at-risk.

Bonus

$675.68K

Board Justification

The annual cash incentive award target opportunity was $945,000, which was 100% of his base salary, and he earned $675,675 based on performance metrics for the fiscal year 2019.

Other

$111.13K

Board Justification

This includes perquisites such as financial planning, business and airline club dues, and executive physicals.

Restricted Stock

$2.96M(0 performance share units)

Board Justification

No performance shares were exercised in FY 2019; however, 18,059 performance share units were earned for the 2017-2019 performance period, with a settlement date value of $2,962,760.

Performance Metrics

The performance metrics for the annual cash incentive award were based on diluted earnings per share growth and return on total capital.