Sundar PichaiSundar Pichai earned $164M in 2023

Brad K. Heppner serves as the CEO of Beneficient, a company focused on providing services and financing solutions for holders of alternative assets. He has an impressive educational background, holding an MBA from Harvard University, which gives him a strong...

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Brad K. Heppner

Founder and CEO of Beneficient

Education

MBA from Harvard Business School

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 15, 1968 - 57 years ago

CEO of Beneficient for

2 years 0 months (Jun 2023 - Present)

Previous Experience

Founder and CEO of The Beneficient Company Group, L.P.

Rivals

Competitors/colleagues of Brad K. Heppner

Holdings

See how much did Brad K. Heppner make over time.

Brad K. Heppner's investment in Beneficient reveals the high stakes and fluctuations typical in the finance sector. He owns around 17.7 million shares of Class B Common Stock, equating to a significant 92.6% of the outstanding shares in this class....

Insider Trading

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BENF

5,231 shares

BENF

Mar 31, 2023

Received

Compensation History

See how much did Brad K. Heppner make over time.

In 2023, Brad K. Heppner’s total compensation package was valued at $2.25 million. This figure included a base salary of $500,000, a performance-linked bonus of $200,000, and vested stock worth $1.5 million. The bonus reflects his performance-oriented approach, directly tied to metrics like revenue growth and EBIDTA margins. His compensation philosophy focuses on aligning executive pay with company performance and shareholder interests. He didn’t receive new stock grants or exercise options this year, which is notable in comparison to many CEOs who often rely on stock options for additional compensation. Instead, Heppner’s wealth primarily depends on the company's long-term stock performance. This kind of compensation structure suggests a commitment to not just immediate returns but sustainable growth for Beneficient.

Year

2023

Total Compensation

$2.25M

Salary

$500.00K

Board Justification

The compensation philosophy emphasizes aligning executive pay with company performance and shareholder interests, incorporating peer benchmarking and retention strategies.

Bonus

$200.00K

Board Justification

The bonus is based on the company's performance metrics, including revenue growth and profitability targets, paid out in cash in 2023.

Other

$50.00K

Board Justification

Other compensation includes health benefits, retirement contributions, and other perquisites.

Restricted Stock

$1.50M(100K RSU)

Board Justification

The vested stock consists of restricted stock units (RSUs) that were granted in previous years and vested in 2023, reflecting the company's stock performance.

Performance Metrics

Performance metrics include revenue growth, EBITDA margins, and stock price performance relative to industry benchmarks.