Tom Gentile, formerly the President and CEO of Spirit AeroSystems Holdings, Inc., led the company from April 2016 until September 2023. He came from a strong background in the aerospace industry, holding significant roles at GE Capital and GE Aviation....

Current Market Cap

$3.71B

Number of Employees

20.66K

Total Compensation

2019 - 2023

Trending down by -39.09% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -58.89% last year

Salary

Down by -25.48% last year

Bonus

Down by -100.00% last year

Other

Up by 41.39% last year

Year

2023

Total Compensation

$3.76M

Salary

$968.77K

Board Justification

The compensation philosophy focuses on aligning executive pay with company performance and stockholder interests, with a significant portion tied to performance-based incentives.

Bonus

$0.00

Board Justification

No annual cash incentive was earned for 2023 due to performance metrics not being met.

Other

$1.31M

Board Justification

Includes severance payment of $1,300,000, COBRA continuation coverage, and other benefits as part of the separation agreement.

Restricted Stock

$1.48M(91.98K RSU)

Board Justification

91,978 RSUs vested in February 2024 as part of the separation agreement, following the terms of his employment.

Performance Metrics

The performance metrics for 2023 included Free Cash Flow, EBIT, Revenue, and Quality, but no payouts were made due to not meeting the targets.

SEC Filing

From March 12, 2024