Sundar PichaiSundar Pichai earned $164M in 2023

Bennett S. LeBow has served as the CEO of Vector Group Ltd. since 1990. He has been a driving force behind the company's growth, leading it through various market changes. LeBow is known for his strategic focus, particularly in the...

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Bennett S. LeBow

Founder and Ex-CEO of Vector Group

Education

Bachelor's degree from Drexel University

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

October 5, 1937 - 87 years ago

CEO of Vector Group for

15 years 11 months (Jan 1990 - Dec 2005)

Previous Experience

Founder of Vector Group Ltd., various executive roles within the company.

Rivals

Competitors/colleagues of Bennett S. LeBow

Holdings

See how much did Bennett S. LeBow make over time.

Bennett S. LeBow has significant holdings in Vector Group. As of the latest reports, he owns around 12.5 million shares, which is about 35.2% of the total shares. This positions him as the largest shareholder, directly impacting the company's strategies....

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Insider Trading

See recent insider trades of Bennett S. LeBow.

No insider trades found for this CEO.

Compensation History

See how much did Bennett S. LeBow make over time.

In 2006, Bennett S. LeBow’s total compensation was approximately $7.8 million, comprised mainly of a salary of $3.95 million. Importantly, under his employment agreement, he does not receive a bonus. His compensation strategy reflects a focus on his base salary, with no stock options granted in that year. Throughout the years, he has maintained a high level of salary, showcasing his role's importance. However, the lack of bonuses suggests a different approach to performance measurement, with his pay structured more around stability than short-term gains. His compensation reflects a long-term view on executive pay which is not directly tied to volatile bonuses.

Year

2006

Total Compensation

$4.29M

Salary

$3.95M

Board Justification

The compensation philosophy is intended to reward executives with compensation targeted at market competitive levels, while rewarding outstanding performance with above-average total compensation.

Bonus

$0.00

Board Justification

Under the terms of Mr. LeBow’s employment agreement, he does not receive bonus compensation.

Other

$335.13K

Board Justification

Includes $238,527 for personal use of corporate aircraft, a $90,000 allowance for lodging and related business expenses, and $6,600 for 401(k) plan matching contributions.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to Mr. LeBow in 2006.

Performance Metrics

Mr. LeBow's compensation is not tied to performance metrics as he does not participate in the Bonus Plan.

Other Vector Group CEOs

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