Sundar PichaiSundar Pichai earned $164M in 2023
M

Ynon Kreiz

CEO of Mattel

Education

Not specified

Field of Expertise

Media & Entertainment - Media

Born

January 1, 1965 - 60 years ago

Economy Sector

Consumer Cyclical

Current Tenure

6 years 10 months (Apr 2018 - Present)

Previous Experience

Chief Executive Officer of Maker Studios, Inc., Chairman of its Board, Chairman and Chief Executive Officer of Endemol Group, General Partner at Balderton Capital, co-founder, Chairman and Chief Executive Officer of Fox Kids Europe N.V.

Ynon Kreiz is the CEO of Mattel, Inc., a leading toy company known for its iconic brands like Barbie and Hot Wheels. Since taking the helm in April 2018, he has worked to drive the company’s transformation in a challenging...

Year

2023

Total Compensation

$7.54M

Salary

$1.50M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the company's performance and long-term stockholder value creation.

Bonus

$5.86M

Board Justification

The bonus is based on the performance metrics achieved under the Management Incentive Plan (MIP) for the fiscal year 2023, with a total earned percentage of 195.25% of the target MIP opportunity.

Other

$178.38K

Board Justification

Other compensation includes company contributions to the 401(k) Plan, financial counseling, tax return services, and limited personal security services.

Restricted Stock

$0.00(0 Performance Units)

Board Justification

No RSUs were granted to the CEO, as his LTI mix is entirely performance-based and at risk with 75% Performance Units and 25% stock options.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included MIP-Adjusted EBITDA Less Capital Charge, MIP-Adjusted Net Sales, and MIP-Adjusted Gross Margin.