Richard E. Dauch, age 81, co-founded American Axle & Manufacturing (AAM) in 1994. He has been a driving force behind the company since its beginning, working as CEO until 2012. Under his leadership, AAM became a significant supplier to General...

Current Market Cap

$722.95M

Number of Employees

19K

Total Compensation

2008 - 2012

Trending down by -16.20% last year
Showing total compensation for the last 2008 - 2012

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -33.33% last year

Other

Down by -5.04% last year

Year

2012

Total Compensation

$6.83M

Salary

$2.00M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain experienced executives while aligning their interests with those of stockholders through performance-based compensation.

Bonus

$4.00M

Board Justification

Annual cash bonus based on the Compensation Committee’s assessment of Company performance compared to competitor peer group; eligible for up to three times annual salary if AAM outperformed its competitor peer group.

Other

$141.92K

Board Justification

Includes various benefits such as life insurance premiums and other perquisites.

Restricted Stock

$687.23K(687.23K RSUs)

Board Justification

One-time equity award of RSUs with a grant date value of $6,247,000, vesting ratably in three approximately equal annual installments starting September 2013.

Performance Metrics

Annual incentive compensation is based on net income as a percentage of sales (NIPS) and net operating cash flow.

SEC Filing

From March 21, 2013

Richard E. Dauch

Founder and Ex-CEO of American Axle & Manufacturing

RE

Education

Not specified

Field of Expertise

Business & Management

Born

September 1, 1942 - 82 years ago

Is Founder?

Yes

Tenure

18 years 8 months (Jan 1994 - Sep 2012)

Previous Experience

Co-Founder and CEO since AAM began operations in 1994.

View Holdings

Insider Holdings of Richard E. Dauch

AXL

$4.80M

-$1.67M (-25.77%)

Last Insider Trade

AXL

559,266 shares

AXL

Sep 1, 2012

Received