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Philippe Krakowsky is the CEO of The Interpublic Group of Companies (IPG) since January 2021. He holds a bachelor's degree from Harvard University, showcasing his strong academic background. Before stepping into his current role, he served as the Chief Operating...

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Philippe Krakowsky

CEO of The Interpublic Group of Companies

Education

Bachelor's degree from Harvard University

Field of Expertise

Business & Management

Sector of Economy

Communication Services

Born

January 1, 1971 - 54 years ago

CEO of The Interpublic Group of Companies for

4 years 3 months (Jan 2021 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer at IPG

Holdings

See how much did Philippe Krakowsky make over time.

Philippe Krakowsky's holdings in Interpublic Group have seen considerable fluctuations over recent years. Since 2019, his stock value has ranged from around $5.69 million to peaking at $22.89 million in June 2023. This indicates rising confidence in the company’s future...

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Total Stock Sold

$21.84M

IPG

$21.84M

924,798 IPG shares

What if they kept their stock?

If Philippe Krakowsky didn't sell their stock, today they would have:
Extra IPG924,798 shares worth $13.89M.
This is -36.41% and $7.95M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Philippe Krakowsky.

IPG

$3.67M

IPG at $31.43/share

Feb 29, 2024

Received

IPG

$4.84M

IPG at $32.20/share

Feb 26, 2024

Sale

IPG

$5.45M

IPG at $32.41/share

Feb 26, 2024

Received

IPG

$2.53M

IPG at $35.61/share

Feb 28, 2023

Sale

IPG

$7.19M

IPG at $35.68/share

Feb 28, 2023

Received

IPG

$5.46M

IPG at $36.69/share

Feb 28, 2022

Received

IPG

$5.08M

IPG at $26.01/share

Feb 26, 2021

Received

IPG

$1.58M

IPG at $16.30/share

Mar 31, 2020

Received

IPG

$1.36M

IPG at $21.29/share

Feb 28, 2020

Sale

IPG

$2.63M

IPG at $21.02/share

Feb 28, 2020

Received

Compensation History

See how much did Philippe Krakowsky make over time.

In 2023, Philippe Krakowsky received total compensation of approximately $3.7 million. His base salary was set at $1.5 million, coupled with a performance bonus that heavily encouraged him to meet corporate benchmarks. That bonus was close to $1.7 million, driven by the company's financial performance and personal accomplishments. Additionally, Krakowsky's other compensation brought in around $184,000, including various retirement plan contributions and benefits. This structured compensation plan links a large part of his pay to his and the company's performance, manifesting a strong alignment with shareholders' interests. However, notable is that he did not receive stock grants or options that vested during this period, focusing instead on performance-based pay.

Year

2023

Total Compensation

$3.36M

Salary

$1.50M

Board Justification

The compensation philosophy aims to provide a performance-based, market-competitive total compensation program that supports talent needs and business objectives, aligns with stockholder interests, and ties a significant portion of pay to operational performance.

Bonus

$1.68M

Board Justification

The bonus is based on a combination of corporate financial performance and individual performance against established High Priority Objectives, with a corporate performance rating of 50% and a High Priority Objectives rating of 80%.

Other

$184.01K

Board Justification

Other compensation includes contributions to the Capital Accumulation Plan, matching contributions under the Interpublic Savings Plan, premiums paid on group life insurance, and perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the performance shares and restricted stock units are subject to future performance periods and vesting schedules.

Performance Metrics

The performance metrics for 2023 included Organic Revenue Growth and Operating Income Before Incentives and Amortization of Acquired Intangibles Margin.

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