Sundar PichaiSundar Pichai earned $164M in 2023

R. Adam Norwitt has been at the helm of Amphenol Corporation since 2009, making significant strides since he first joined the company in 1998. With a law background, Norwitt rose through the ranks quickly, becoming Chief Operating Officer in 2007...

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Richard Adam Norwitt

CEO of Amphenol

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1969 - 56 years ago

CEO of Amphenol for

16 years 3 months (Jan 2009 - Present)

Previous Experience

President and Chief Operating Officer of the Company, Senior Vice President and Group General Manager of the Company’s Worldwide RF and Microwave Products division, Vice President and Group General Manager of the Company’s Worldwide RF and Microwave Products division

Holdings

See how much did Richard Adam Norwitt make over time.

R. Adam Norwitt has a significant stake in Amphenol Corporation, holding over 5 million shares through stock options and direct ownership. At one point, his wealth was heavily tied to these shares, especially when the company's stock was performing well....

Mar 17, 2025

Total Stock Sold

$278.43M

APH

$278.43M

15,865,906 APH shares

What if they kept their stock?

If Richard Adam Norwitt didn't sell their stock, today they would have:
Extra APH15,865,906 shares worth $315.81M.
This is 13.42% and $37.38M more than what they got when they sold the stock.

Charitable Transactions

APH

205,860 shares

APH

Recent Charitable Transactions

APH

$5.65M

APH at $54.90/share

Dec 31, 2015

Charity

Insider Trading

See recent insider trades of Richard Adam Norwitt.

APH

$25.71M

APH at $64.28/share

Jul 31, 2024

Sale

APH

$48.40M

APH at $64.54/share

Jul 26, 2024

Sale

APH

$56.83M

APH at $87.43/share

Jul 28, 2023

Sale

APH

$53.12M

APH at $81.72/share

Feb 3, 2023

Sale

APH

$62.66M

APH at $81.91/share

Sep 27, 2021

Sale

APH

$59.75M

APH at $66.39/share

May 3, 2021

Sale

APH

$16.56M

APH at $66.23/share

May 3, 2021

Sale

APH

$54.52M

APH at $103.85/share

Jun 4, 2020

Sale

APH

$16.15M

APH at $100.96/share

Oct 25, 2019

Sale

APH

$42.77M

APH at $99.45/share

Apr 26, 2019

Sale

Compensation History

See how much did Richard Adam Norwitt make over time.

In 2023, R. Adam Norwitt's total compensation exceeded $10 million, primarily from stock options granted that year, worth about $9.1 million at the exercise price of $75.80. This reflects his emphasis on performance-based pay, as he did not receive any bonus because the company didn't meet its performance targets. His base salary was around $1.46 million, which is adjusted in line with average increases among employees. Norwitt's compensation package is designed to reward long-term value creation, ensuring that his interests align with those of Amphenol's shareholders. He’s part of decision-making processes about stock options, showing he is deeply integrated into the company's financial strategy. Over the past years, his compensation reflects consistent growth tied to the company's performance metrics, illustrating a clear focus on results.

Year

2023

Total Compensation

$10.94M

Salary

$1.46M

Board Justification

The compensation philosophy aims to align the interests of management with those of shareholders, focusing on performance-based compensation to drive long-term shareholder value.

Bonus

$0.00

Board Justification

Mr. Norwitt did not earn an incentive plan payment under the 2023 Management Incentive Plan due to the company's performance metrics not being met.

Other

$382.12K

Board Justification

Other compensation includes car and driver services valued at $12,242, imputed compensation for group term life insurance of $5,382, a 401(k) match of $21,150, and notational contributions to a non-qualified supplemental defined contribution plan of $343,350.

Restricted Stock

$9.10M(425.97K options)

Board Justification

425,973 stock options were granted to Mr. Norwitt in May 2023, with an exercise price of $75.80, which vested in 2023.

Performance Metrics

The performance metrics for 2023 included revenue growth and Adjusted Diluted EPS growth, which were not met, resulting in no incentive plan payment.

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