In 2023, Brady D. Ericson earned $970.00K in total compensation at Phinia, including $500.00K salary, $150.00K bonus and $300.00K in stock. Most recently acquired 14,620 shares in Apr 2023. Currently holds stock worth $23.93M. 2+ years at the helm of Phinia.
Compensation History
Annual executive compensation data for Brady D. Ericson, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$970.00K
Salary
$500.00K
Bonus
$150.00K
Other
$20.00K
Salary
$500.00KBoard Justification
The compensation philosophy is designed to align executive pay with company performance, emphasizing a significant portion of compensation that is performance-based and at-risk, ensuring alignment with shareholder interests.
Bonus
$150.00KBoard Justification
The annual cash incentive bonus is performance-based, contingent on achieving specific financial goals that drive shareholder value for the year 2023.
Other Compensation
$20.00KBoard Justification
Other compensation includes benefits such as retirement contributions and health insurance premiums paid by the company.
Restricted Stock
Board Justification
10,000 shares of common stock vested in 2023 as part of the long-term equity incentive plan, based on performance metrics achieved during the year.
Performance Metrics
Performance metrics for 2023 included financial targets such as revenue growth and EBITDA margins.
Brady D. Ericson
CEO of Phinia
Education
M.B.A., Duke University; B.S., Kettering University
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Consumer Cyclical
Born
January 1, 1971 - 54 years ago
CEO of Phinia for
2 years 5 months (Jul 2023 - Present)
Previous Experience
President & General Manager (Fuel Systems and Aftermarket) at BorgWarner Inc.
Holdings
Track Brady D. Ericson's stock holdings and portfolio value over time.
Total Stock Sold
$7.54M
$7.54M
177,136 BWA shares
What if they kept their stock?
If Brady D. Ericson didn't sell their stock, today they would have:
Extra BWA177,136 shares worth $7.67M.
This is 1.77% and $133.18K more than what they got when they sold the stock.
Insider Trading
Brady D. Ericson's recent stock transactions, purchases, and sales filed with the SEC.
14,620 shares
BWA
Apr 26, 2023
Received
$2.03M
BWA at $50.76/share
Mar 3, 2023
Sale
$949.25K
BWA at $46.63/share
Feb 8, 2023
Received
13,386 shares
BWA
Feb 17, 2022
Received
14,931 shares
BWA
Feb 8, 2022
Received
$684.09K
BWA at $50.99/share
May 14, 2021
Sale
14,850 shares
BWA
Mar 29, 2021
Received
7,411 shares
BWA
Feb 6, 2021
Received
$385.94K
BWA at $37.55/share
Jun 8, 2020
Sale
$916.37K
BWA at $31.43/share
May 29, 2020
Sale
Rivals
Compare Brady D. Ericson with competitor CEOs and industry peers.