Sundar PichaiSundar Pichai earned $164M in 2023
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R. David Hoover

Ex-CEO of Ball Corporation

Education

Not specified

Field of Expertise

Business & Management - Business Management

Born

January 1, 1966 - 59 years ago

Economy Sector

Consumer Cyclical

Tenure

6 years 0 months (Jan 2005 - Jan 2011)

Previous Experience

Various roles within Ball Corporation since 2005

R. David Hoover served as the CEO of Ball Corporation from January 2001 until January 2011. During his tenure, he played a crucial role in the company's growth, leading Ball through a significant increase in revenue and earnings. He was...

Year

2011

Total Compensation

$7.75M

Salary

$306.52K

Board Justification

Ball Corporation's compensation philosophy emphasizes alignment of executive pay with performance, ensuring that a significant portion of compensation is tied to the company's financial success and shareholder returns.

Bonus

$2.18M

Board Justification

Annual EVA® Incentive Compensation Plan payout based on performance in 2011, resulting in a payout of 188% of target due to exceeding EVA® targets.

Other

$391.68K

Board Justification

Includes financial planning services, personal use of corporate aircraft, and other perquisites.

Restricted Stock

$4.88M(135.5K RSU)

Board Justification

135,500 shares of stock awards vested in 2011, reflecting the value of performance-contingent RSUs granted in prior years that met performance criteria.

Performance Metrics

The performance metrics for determining R. David Hoover's compensation included Economic Value Added (EVA®) performance, Return on Average Invested Capital (ROAIC), and Total Shareholder Return (TSR).