Sundar PichaiSundar Pichai earned $164M in 2023

Carol Hibbard is the new Chief Financial Officer at Symbotic, a tech company revolutionizing warehouse automation. She took on this role starting December 15, 2023, after a solid career at Boeing, where she held key finance positions, including Senior Vice...

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Carol Hibbard

CEO of Symbotic Inc.

Sector of Economy

Financial Services

CEO of Symbotic Inc. for

1 year 5 months (Dec 2023 - Present)

Previous Experience

Unknown

Holdings

See how much did Carol Hibbard make over time.

As of now, Carol Hibbard hasn't reported personal holdings in Symbotic. This is her first major leadership role in a public tech firm, and her financial background suggests she might prioritize performance-based structures for any future stock options or grants....

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Insider Trading

See recent insider trades of Carol Hibbard.

No insider trades found for this CEO.

Compensation History

See how much did Carol Hibbard make over time.

In 2023, Carol Hibbard's total compensation at Symbotic totaled $0, as no cash or equity awards were realized during the year. This is mainly due to performance targets not being met, resulting in no bonuses, stock awards, or options being granted. Her compensation package does include a structured salary and a sign-on bonus, emphasizing the company’s focus on future performance-based awards rather than immediate payouts. Carol’s expected compensation model aligns her success directly with the company’s growth, indicating that her future earnings will be significantly tied to how well Symbotic performs financially. As the newly appointed CFO, her keen financial insights and strategic decisions will directly impact her potential for future compensation increases and equity holdings, which could yield substantial rewards if the company thrives.

Year

2023

Total Compensation

$0.00

Salary

$0.00

Board Justification

Symbotic's compensation program aims to attract, motivate, and retain talent while rewarding performance aligned with business strategies.

Bonus

$0.00

Board Justification

No bonuses were paid to Named Executive Officers for fiscal year 2023 due to performance results not meeting targets.

Other

$0.00

Board Justification

No other compensation was reported for Carol Hibbard in 2023.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were vested in 2023 as the focus was on future performance-based awards.

Performance Metrics

Compensation for Named Executive Officers was based on revenue and adjusted EBITDA targets.

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