Sundar PichaiSundar Pichai earned $164M in 2023

Brett Adcock is a co-founder of Archer Aviation, a company focused on developing electric air taxis. During his time as Co-CEO until April 2022, he played a crucial role in navigating the company through significant milestones, including its business combination...

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Brett Adcock

Founder and Ex-CEO of Archer Aviation

Education

Bachelor's degree in Business Administration from the University of Florida

Field of Expertise

Business & Management - Entrepreneurship

Sector of Economy

Industrials

Born

June 15, 1987 - 37 years ago

CEO of Archer Aviation for

0 years 6 months (Sep 2021 - Apr 2022)

Previous Experience

Co-Founder and CEO of Vettery

Holdings

See how much did Brett Adcock make over time.

Brett Adcock's holdings have seen dramatic changes, with a peak value of $335.83 million in September 2021, indicating a strong market position shortly after Archer’s business combination. By June 2023, his holdings had substantially declined, valued at around $153.64 million,...

Total Stock Sold

$46.85M

ACHR

$46.85M

14,422,903 ACHR shares

What if they kept their stock?

If Brett Adcock didn't sell their stock, today they would have:
Extra ACHR14,422,903 shares worth $136.73M.
This is 191.86% and $89.88M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Brett Adcock.

ACHR

$9.30M

ACHR at $4.51/share

Jun 13, 2023

Sale

ACHR

$6.99M

ACHR at $3.49/share

Jun 9, 2023

Sale

ACHR

$1.16M

ACHR at $3.15/share

Jun 7, 2023

Sale

ACHR

$5.70M

ACHR at $3.05/share

Jun 5, 2023

Sale

ACHR

$793.38K

ACHR at $3.05/share

Jun 1, 2023

Sale

ACHR

$899.40K

ACHR at $3.07/share

May 30, 2023

Sale

ACHR

$1.45M

ACHR at $3.05/share

May 26, 2023

Sale

ACHR

$1.19M

ACHR at $3.07/share

May 24, 2023

Sale

ACHR

$6.24M

ACHR at $3.27/share

May 22, 2023

Sale

ACHR

$377.88K

ACHR at $2.66/share

Jan 27, 2023

Sale

Compensation History

See how much did Brett Adcock make over time.

In 2022, Brett Adcock's total compensation was approximately $4,846,372, with a base salary of $175,000 and most of his package coming from non-salary benefits. Notably, he did not receive a bonus or stock awards that year, reflecting a shift in compensation structure. Adcock had previously earned about $758,333 in 2021 with a bonus indicating good performance metrics at the time. His departure as Co-CEO did not hinder his financial package, as he negotiated significant severance benefits, including cash severance payments and accelerated vesting of shares, acknowledging his pivotal role in the company's foundation.

Year

2022

Total Compensation

$4.85M

Salary

$175.00K

Board Justification

The compensation philosophy aims to attract, motivate, and retain executives while aligning their interests with those of stockholders through a balanced compensation structure.

Bonus

$0.00

Board Justification

No bonus was awarded for 2022 as per the compensation committee's assessment.

Other

$4.67M

Board Justification

This includes cash severance payments, COBRA premiums, and the estimated value of accelerated vesting of equity awards as per the Separation Agreement.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2022.

Performance Metrics

The performance metrics for 2022 were not explicitly stated, but bonuses are based on a holistic assessment of performance.

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