Sundar PichaiSundar Pichai earned $164M in 2023
B

Stephen H. Kramer

CEO of Bright Horizons Family Solutions

Education

B.S. from Babson College, MBA from Harvard Business School

Field of Expertise

Business & Management

Born

January 1, 1970 - 55 years ago

Economy Sector

Consumer Cyclical

Current Tenure

10 years 2 months (Jan 2015 - Present)

Previous Experience

Chief Development Officer, Senior Vice President, Strategic Growth & Global Operations, Managing Director, Europe, Associate at Fidelity Ventures, Consultant with Arthur D. Little

Stephen H. Kramer has been leading Bright Horizons Family Solutions as CEO since January 2018. He started his journey with the company in 2006 when his team from College Coach was acquired. With a Bachelor’s degree from Babson College and...

Year

2023

Total Compensation

$1.13M

Salary

$650.00K

Board Justification

The compensation program is designed to attract and retain high-quality leadership and incentivize executive officers to achieve company performance goals and strong individual performance, with a focus on long-term value creation.

Bonus

$471.25K

Board Justification

The annual cash bonus program under the Annual Incentive Plan was established to promote and reward the achievement of key strategic and business goals as well as individual performance. For 2023, 50% of the cash bonus awards granted were based on the achievement of pre-established corporate performance goals and 50% were based on a qualitative assessment of individual performance goals.

Other

$6.87K

Board Justification

Includes matching contributions made to the 401(k) Plan, matching contributions made to the NQDC Plan, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on cash compensation and performance-based equity awards that are not included in this total.

Performance Metrics

The performance metrics for the annual cash bonus included Adjusted EBITDA and Adjusted EPS targets.