Patrick Kaltenbach has been the CEO of Mettler-Toledo International since January 2018. Under his leadership, the company has focused on performance metrics that drive long-term growth, and his compensation reflects this. In 2023, his total compensation was approximately $8.4 million,...

Number of Employees

17.3K

Year

2023

Total Compensation

$1.51M

Salary

$1.00M

Board Justification

The company aims to align executive compensation with performance, linking pay to challenging, objectively measurable targets, and ensuring total compensation is competitive in the market.

Bonus

$155.16K

Board Justification

Annual cash incentive earned under the company’s POBS Plus incentive plan, based on performance targets for 2023.

Other

$355.86K

Board Justification

Includes tax equalization payments and other miscellaneous benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2023; however, restricted stock units granted in November 2023 will vest in future years.

Performance Metrics

Performance metrics include adjusted non-GAAP earnings per share, net cash flow, and group sales at budgeted currency rates.

SEC Filing

From March 19, 2024