In 2023, Brett A. Cope earned $2.40M in total compensation at Powell Industries, including $540.80K salary and $1.80M in stock. Most recently acquired 17,800 shares in Dec 2024. Currently holds stock worth $58.10M. 9+ years at the helm of Powell Industries.
Compensation History
Annual executive compensation data for Brett A. Cope, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.40M
Salary
$540.80K
Bonus
$0.00
Other
$57.92K
Salary
$540.80KBoard Justification
The compensation philosophy aims to attract and retain critical executive talent, motivate behaviors that align with stockholders’ interests, and pay for performance, with a significant portion of pay being variable and contingent on performance.
Bonus
$0.00Board Justification
The bonus is based on the company's performance metrics, specifically EBITDA and Working Capital, with a performance multiplier of 200% for exceeding targets in fiscal 2023.
Other Compensation
$57.92KBoard Justification
Includes matching contributions to the 401(k) plan, automobile allowance, executive physical allowance, and supplemental executive life and disability insurance.
Restricted Stock
Board Justification
Performance-vesting restricted stock units granted on October 1, 2022, vesting based on the company's achievement of EBITDA and safety performance objectives over a three-year period ending September 30, 2025.
Performance Metrics
The performance metrics for fiscal 2023 included EBITDA and Working Capital, with actual performance exceeding established goals.
Brett A. Cope
CEO of Powell Industries
Education
Bachelor's degree in Applied Science from Miami University of Ohio
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
CEO of Powell Industries for
9 years 2 months (Oct 2016 - Present)
Previous Experience
20 years at ABB, an international provider of power and automation products
Other Powell Industries CEOs
Holdings
Track Brett A. Cope's stock holdings and portfolio value over time.
Total Stock Sold
$1.76M
$1.76M
11,000 POWL shares
What if they kept their stock?
If Brett A. Cope didn't sell their stock, today they would have:
Extra POWL11,000 shares worth $3.77M.
This is 114.12% and $2.01M more than what they got when they sold the stock.
Insider Trading
Brett A. Cope's recent stock transactions, purchases, and sales filed with the SEC.
$4.83M
POWL at $271.46/share
Dec 2, 2024
Received
$564.63K
POWL at $182.14/share
Sep 30, 2024
Received
$467.42K
POWL at $169.97/share
Sep 13, 2024
Sale
$448.28K
POWL at $163.01/share
Aug 9, 2024
Sale
$392.41K
POWL at $142.70/share
Jul 12, 2024
Sale
$462.48K
POWL at $168.17/share
Jun 14, 2024
Sale
$1.63M
POWL at $80.13/share
Nov 29, 2023
Received
6,100 shares
POWL
Sep 29, 2023
Received
4,300 shares
POWL
Dec 2, 2022
Received
21,700 shares
POWL
Oct 1, 2022
Received
Rivals
Compare Brett A. Cope with competitor CEOs and industry peers.