Steve Downing has been steering Gentex Corporation since January 2018. With a solid education background in finance, he has built an impressive career at Gentex, starting in 2002. Known for his practical approach, he rose through the ranks from various...
Steve Downing has been steering Gentex Corporation since January 2018. With a solid education background in finance, he has built an impressive career at Gentex, starting in 2002. Known for his practical approach, he rose through the ranks from various roles in finance to eventually becoming the Chief Financial Officer and then the CEO. Under his leadership, Gentex has navigated complex challenges, including the impacts of the COVID-19 pandemic on the automotive industry. Downing's focus has been on aligning company performance with shareholder interests, which is reflected in the way his compensation is structured. In 2023, his total compensation was over $4.3 million, highlighting the emphasis on performance-based rewards. Interestingly, Downing has actively traded stocks in Gentex, showcasing his belief in the company's future, with significant values reaching as high as $5.96 million during his trading. Overall, he's not just managing the company; he's deeply invested in its journey.