Sundar PichaiSundar Pichai earned $164M in 2023
T

Paul G. Reitz

CEO of Titan International

Education

Master's of Business Administration Degree from the University of Iowa

Field of Expertise

Finance & Banking - Finance

Born

November 10, 1972 - 52 years ago

Economy Sector

Industrials

Current Tenure

8 years 1 month (Jan 2017 - Present)

Previous Experience

Chief Financial Officer at Titan International

Paul G. Reitz is the CEO of Titan International, Inc. He holds an MBA from the University of Iowa and a Bachelor's from Northwood University. Reitz joined Titan in 2010 as Chief Financial Officer before being promoted to President in...

Year

2023

Total Compensation

$2.97M

Salary

$956.33K

Board Justification

The compensation philosophy aims to attract, retain, and motivate executives critical to the company's long-term success, aligning compensation with company performance and market competitiveness.

Bonus

$1.15M

Board Justification

The annual cash bonus for 2023 was based on a combination of company performance metrics and individual performance, with a payout ratio of 92% of target for the CEO.

Other

$62.08K

Board Justification

Other compensation includes a 401(k) match and personal usage of company aircraft valued at $54,052.

Restricted Stock

$798.25K(71.67K RSU)

Board Justification

The vested stock for 2023 consists of restricted stock units that vested during the year, totaling 71,667 shares.

Performance Metrics

Performance metrics for 2023 included AEBITDA, cash flow, and working capital management.