Todd P. Kelsey has been the CEO of Plexus Corp since October 2016. He joined the company back in 1994 as a Design Engineer and steadily climbed the ranks, showing a strong technical background with a Bachelor’s and Master’s degree...

Current Market Cap

$4.32B

Number of Employees

25K

Total Compensation

2019 - 2023

Trending down by -83.23% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 5.94% last year

Bonus

Up by 0.00% last year

Other

Up by 13.50% last year

Year

2023

Total Compensation

$1.36M

Salary

$1.08M

Board Justification

The compensation philosophy emphasizes performance-based compensation to align the interests of executives with those of shareholders, focusing on long-term value creation.

Bonus

$0.00

Board Justification

No discretionary bonus payments were made apart from the Variable Incentive Compensation Plan (VICP). Payments under the VICP are reflected in the Non-Equity Incentive Plan Compensation column.

Other

$280.90K

Board Justification

Includes Company contributions to the 401(k) Plan and the SERP, the value of the company car benefit provided to the executive, additional life and disability insurance coverage, and relocation.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the amounts listed are for stock grants that are not vested.

Performance Metrics

The performance metrics for determining compensation include revenue growth and return on invested capital (ROIC) exceeding the weighted average cost of capital (WACC).

SEC Filing

From December 15, 2023

Todd P. Kelsey

CEO of Plexus

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Education

Bachelor's and Master's degrees in electrical engineering from the University of Wisconsin-Madison; MBA from the University of Wisconsin-Oshkosh

Field of Expertise

Technology & Engineering - Engineering

Born

September 20, 1965 - 59 years ago

Is Founder?

No

Current Tenure

8 years 1 month (Oct 2016 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer at Plexus Corp.

View Holdings

Insider Holdings of Todd P. Kelsey

PLXS

$13.56M

$1.22M (9.86%)

Last Insider Trade

PLXS

$250.00K

PLXS at $125.00/share

Aug 16, 2024

Sale