Sean J. Kerins serves as the CEO of Arrow Electronics, a leading global technology distributor. He took on this role in June 2022, following a solid career path within the company. Before becoming CEO, Kerins was the Chief Operating Officer...

Current Market Cap

$6.12B

Number of Employees

22.1K

Total Compensation

2022 - 2023

Trending up by 56.79% last year
Showing total compensation for the last 2022 - 2023

Stock

Up by 76.41% last year

Salary

Up by 11.63% last year

Bonus

Up by 0.00% last year

Other

Down by -59.48% last year

Year

2023

Total Compensation

$5.01M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with shareholder interests, with a significant portion of total direct compensation linked to performance metrics.

Bonus

$0.00

Board Justification

No bonus was reported for 2023.

Other

$14.07K

Board Justification

Includes 401(k) contributions and other compensation.

Restricted Stock

$4.00M(16.08K RSU)

Board Justification

Restricted Stock Units (RSUs) that vested in 2023, with a total grant date fair value of $4,000,040.

Performance Metrics

The performance metrics include Absolute EPS for annual cash incentives and three-year Relative EPS Growth and ROIC for long-term incentives.

SEC Filing

From March 26, 2024