Sundar PichaiSundar Pichai earned $164M in 2023
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Selim A. Bassoul

Ex-CEO of Middleby

Education

Bachelor's degree from the University of California, Berkeley

Field of Expertise

Business & Management

Born

January 1, 1960 - 65 years ago

Economy Sector

Industrials

Tenure

14 years 1 month (Dec 2004 - Feb 2019)

Previous Experience

Various roles in the food service industry, including at the Middleby Corporation since 2004

Selim A. Bassoul is the CEO of Middleby Corp, a company he joined in 2004. He is a graduate of the University of California, Berkeley, with a degree in business. Selim's leadership has driven the company to impressive financial success,...

Year

2009

Total Compensation

$4.55M

Salary

$1.00M

Board Justification

The compensation program is designed to attract and retain executive talent, link compensation with performance, and align executive interests with stockholder interests.

Bonus

$3.50M

Board Justification

The bonus awarded to Mr. Bassoul in respect of 2009 performance under the Management Incentive Compensation Plan, based on achieving predetermined EBITDA targets.

Other

$48.32K

Board Justification

Other compensation includes $30,000 in director's fees, $16,151 for a Company-provided automobile, a $1,375 Company contribution to a health savings account, and $796 of Company paid life insurance premiums.

Restricted Stock

$0.00(0 restricted stock)

Board Justification

No stock was vested in 2009 as the stock grants were subject to performance and time-based vesting requirements and were not fully vested.

Performance Metrics

The performance metrics for the bonus were based on achieving certain levels of EBITDA for the fiscal year.