Patrick J. Dempsey has been the President and CEO of Barnes Group Inc. since March 2013, a role he stepped into after a series of promotions within the company. He joined Barnes in 2000 and climbed the ladder from Vice...

Number of Employees

6.5K

Year

2020

Total Compensation

$4.38M

Salary

$720.00K

Board Justification

The compensation philosophy emphasizes performance-based pay aligned with shareholder interests, with a focus on long-term value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for 2020 due to performance metrics not being met.

Other

$149.20K

Board Justification

Other compensation includes life insurance premiums, tax reimbursements, and other perquisites.

Restricted Stock

$3.51M(87.96K RSU)

Board Justification

87,956 shares of stock awards vested in 2020, valued at $3,505,809.

Performance Metrics

The performance metrics for 2020 included diluted EPS, revenue, and days working capital.

SEC Filing

From March 26, 2021

Patrick J. Dempsey

Ex-CEO of Barnes Group

PJ

Education

Field of Expertise

Technology & Engineering - Engineering

Born

Invalid Date - 0 years ago

Is Founder?

No

Tenure

7 years 7 months (Mar 2013 - Oct 2020)

Previous Experience

Senior Vice President and Chief Operating Officer