In 2023, Charles R. Kummeth earned $6.21M in total compensation at Bio-Techne, including $1.18M salary and $5.00M in stock. Most recently acquired 170,000 shares in Aug 2024. Currently holds stock worth $511.20K. Led Bio-Techne as CEO for 10 years.
Compensation History
Annual executive compensation data for Charles R. Kummeth, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$6.21M
Salary
$1.18M
Bonus
$0.00
Other
$21.14K
Salary
$1.18MBoard Justification
The compensation philosophy emphasizes alignment with company performance, retention strategies, and competitive benchmarking against peers.
Bonus
$0.00Board Justification
No cash bonus was awarded for fiscal year 2023 due to performance metrics not being met.
Other Compensation
$21.14KBoard Justification
Other compensation includes 401(k) match and dividends paid on unvested restricted stock.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were time-based restricted stock units granted in prior years, with a total value of $5,000,028 at grant date assuming maximum performance conditions.
Performance Metrics
The performance metrics for the CEO's compensation included organic revenue growth and adjusted operating income.
Charles R. Kummeth
Ex-CEO of Bio-Techne
Sector of Economy
Healthcare
CEO of Bio-Techne for
10 years 10 months (Apr 2013 - Feb 2024)
Previous Experience
Unknown
Holdings
Track Charles R. Kummeth's stock holdings and portfolio value over time.
Insider Trading
Charles R. Kummeth's recent stock transactions, purchases, and sales filed with the SEC.
$149.25K
QSI at $0.88/share
Aug 9, 2024
Purchase
Rivals
Compare Charles R. Kummeth with competitor CEOs and industry peers.
Patrick Kaltenbach
CEO of Mettler-Toledo International, Inc.
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$155.16K
Other
$355.86K
Total Holdings
$7.79M
Olivier A. Filliol
CEO of Mettler-Toledo International, Inc.
2023 Compensation
Stock
$0.00
Salary
$26.67K
Bonus
$11.93K
Other
$11.93K
Total Holdings
$26.26M
Prahlad Singh
CEO of Revvity
2023 Compensation
Stock
$7.54M
Salary
$1.09M
Bonus
$0.00
Other
$32.48K
Total Holdings
$23.60M
James C. Foster
CEO of Charles River Laboratories
2023 Compensation
Stock
$0.00
Salary
$1.48M
Bonus
$1.13M
Other
$71.89K
Total Holdings
$582.93K