Sundar PichaiSundar Pichai earned $164M in 2023
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Charles F. Willis, IV

Founder and Ex-CEO of Willis Lease Finance

Economy Sector

Industrials

Tenure

15 years 6 months (Sep 2006 - Apr 2022)

Previous Experience

Unknown

Charles F. Willis, IV is the founder of Willis Lease Finance Corporation, a company he has been leading since its inception in 1985. He held the position of CEO until 2022, when he stepped down to become Executive Chairman. His...

Year

2022

Total Compensation

$2.30M

Salary

$1.10M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests.

Bonus

$1.00M

Board Justification

Mr. Charles Willis received a bonus payment in connection with the terms of his employment agreement.

Other

$207.02K

Board Justification

Includes a 401(k) matching contribution, life insurance, and other perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2022 as the focus is on cash compensation.

Performance Metrics

The performance metrics for determining compensation included liquidity targets, with specific thresholds for bonus payouts.