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...

Current Market Cap

$6.72B

Number of Employees

5.47K

Total Compensation

2019 - 2023

Trending down by -42.13% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 6.31% last year

Bonus

Up by 160.70% last year

Other

Up by 11.47% last year

Year

2023

Total Compensation

$2.69M

Salary

$842.69K

Board Justification

The compensation program is designed to balance short-term performance with long-term growth and value creation, aligning with competitive compensation arrangements and rewarding performance.

Bonus

$1.58M

Board Justification

Performance-based bonuses earned under the Annual Incentive Plan based on the achievement of performance metrics set forth therein.

Other

$273.91K

Board Justification

Includes RS dividends, PSA deemed dividends, matching contributions by the Company pursuant to its 401(k) Plan, matching contributions by the Company pursuant to its Deferred Compensation Plan, and the use of Company automobiles or reimbursement for the use of personal automobiles.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants vested in 2023.

Performance Metrics

Revenue, Operating Income, and Earnings per Diluted Share.

SEC Filing

From April 4, 2024

Steve Downing

CEO of Gentex

G

Education

Bachelor's degree in Finance

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1978 - 46 years ago

Is Founder?

No

Current Tenure

6 years 10 months (Jan 2018 - Present)

Previous Experience

Various roles in the company since 2002

View Holdings

Insider Holdings of Steve Downing

GNTX

$4.82M

$399.38K (9.03%)

Last Insider Trade

GNTX

25,203 shares

GNTX

Feb 20, 2024

Received