Paul S. Galant

CEO of CompoSecure, Inc.

Education

B.S. in Economics from Cornell University

Field of Expertise

Business & Management

Born

January 1, 1972 - 53 years ago

Economy Sector

Industrials

Current Tenure

2 years 5 months (Sep 2022 - Present)

Previous Experience

Operating Partner of Churchill Capital, CEO of Brightstar Corp., CEO of VeriFone Systems, Inc., CEO of Citigroup Inc.'s Enterprise Payments business

Paul S. Galant has been steering CompoSecure, Inc. since September 2022. He brings a wealth of experience from top companies in the finance and tech sectors. A Cornell University graduate with a B.S. in Economics, Paul previously held high-profile roles, including CEO at Brightstar and VeriFone Systems. He also led Citigroup’s Enterprise Payments business, showing a strong background in digital payments. His leadership style is results-oriented, aiming to drive both company growth and shareholder value.

Year

2023

Total Compensation

$1.07M

Salary

$618.00K

Board Justification

The compensation philosophy emphasizes attracting and rewarding highly qualified executive talent while fostering a results-oriented culture focused on achieving business and financial performance objectives.

Bonus

$438.78K

Board Justification

Annual cash incentive bonuses based on the achievement of pre-established corporate net revenue and Adjusted EBITDA objectives for the year 2023, with a payout percentage of 71% of the target bonus amount.

Other

$12.30K

Board Justification

Includes 401(k) plan matching contributions, life insurance premiums, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus is on the compensation excluding stock grants and options.

Performance Metrics

The performance metrics for determining the compensation included net revenues and Adjusted EBITDA.

Dr. Donald Basile

Ex-CEO of CompoSecure, Inc.

December 2021 - September 2022