Sundar PichaiSundar Pichai earned $164M in 2023
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Troy A. Cooper

CEO of XPO

Education

N/A

Field of Expertise

Business & Management

Born

January 1, 1979 - 46 years ago

Economy Sector

Industrials

Current Tenure

1 year 7 months (Jul 2023 - Present)

Previous Experience

Chief Operating Officer at XPO, and senior management roles at United Rentals, Inc. and United Waste Systems, Inc.

Troy A. Cooper is currently the CEO of XPO Logistics, a company he joined in 2011. With a background in operations and finance, he has played a significant role in the company’s performance and growth. Troy previously held key positions...

Year

2023

Total Compensation

$3.30M

Salary

$850.00K

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with company performance and stockholder value creation, focusing on attracting and retaining top talent.

Bonus

$2.44M

Board Justification

The bonus is based on the company's performance against pre-established metrics, specifically the adjusted EBITDA target for 2023, which was exceeded by approximately 8.7%, resulting in a payout of 143.45% of the target.

Other

$14.46K

Board Justification

Other compensation includes matching contributions to the 401(k) plan and company-paid life insurance premiums.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus was on performance-based awards that are yet to vest.

Performance Metrics

The primary performance metric for the CEO's bonus was adjusted EBITDA, which was set at the beginning of the fiscal year.