Thomas W. LaSorda, born in 1956, has a strong background in the automotive industry, where he has held significant roles. He served as the President and CEO of Chrysler Group, leading the company from 2005 to 2007. Before that, he...

Number of Employees

21.8K

Year

2016

Total Compensation

$2.13M

Salary

$1.50M

Board Justification

The compensation philosophy is designed to attract, reward, and retain executives who contribute significantly to operational and financial achievements aligned with the Corporation's strategic goals.

Bonus

$0.00

Board Justification

No cash bonus was awarded in 2016 as the performance metrics were not met.

Other

$632.67K

Board Justification

Includes contributions to retirement plans, perquisites, and other compensation.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2016 as the performance metrics were not met.

Performance Metrics

Performance metrics include EBITDA and cash flow targets, with individual performance modifiers affecting the final bonus payouts.

SEC Filing

From March 14, 2017

Thomas W. LaSorda

Ex-CEO of United States Steel

TW

Education

Not specified

Field of Expertise

Manufacturing & Industrial - Automotive

Born

January 1, 1956 - 69 years ago

Is Founder?

No

Tenure

0 years 10 months (Apr 2015 - Feb 2016)

Previous Experience

CEO of various automotive companies