Victor L. Richey has been a key player at ESCO Technologies, Inc. since November 2008, bringing his engineering background from the University of Missouri to the forefront of the company's evolving strategies. He carved a career centered on operational excellence,...
Victor L. Richey has been a key player at ESCO Technologies, Inc. since November 2008, bringing his engineering background from the University of Missouri to the forefront of the company's evolving strategies. He carved a career centered on operational excellence, leading the company as both CEO and Executive Chairman until his retirement in June 2023. In 2023 alone, his total compensation reached approximately $2.68 million, driven largely by performance metrics linked to adjusted earnings per share and operating cash flow. His compensation over the years reflects a focus on performance-based payouts, ensuring alignment between his interests and those of shareholders. Notably, Richey oversaw a significant one-time award of 17,241 restricted stock units valued at over $1.5 million, tied to his transition out of the CEO role. Richey's leadership and vision were pivotal during his tenure, not just at the board level but in the daily operations and strategic direction of the company as he adapted to various challenges over the years.