Sundar PichaiSundar Pichai earned $164M in 2023

Chris Urmson, the CEO of Aurora Innovation, is a well-respected leader in the autonomous vehicle industry. He co-founded Aurora in 2017 after a successful stint at Google, where he played a major role in developing their self-driving technology. He holds...

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Chris Urmson

Founder and CEO of Aurora Innovation, Inc.

Education

Ph.D. in Robotics from Carnegie Mellon University and BEng in Computer Engineering from the University of Manitoba.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

April 1, 1977 - 48 years ago

CEO of Aurora Innovation, Inc. for

8 years 3 months (Mar 2017 - Present)

Previous Experience

Helped build Google's self-driving program from 2009 to 2016 and served as Chief Technology Officer of the group.

Rivals

Competitors/colleagues of Chris Urmson

Holdings

See how much did Chris Urmson make over time.

As the CEO of Aurora Innovation, Chris Urmson has a notable ownership stake, reflecting his strong commitment to the company’s future. His holdings peaked significantly in 2022, with sales reaching $4.50 million in a single month during March. Over the...

Charitable Transactions

AUR

485,127 shares

AUR

Recent Charitable Transactions

AUR

33,792 shares

AUR

May 20, 2024

Charity

AUR

451,335 shares

AUR

Nov 20, 2023

Charity

Insider Trading

See recent insider trades of Chris Urmson.

AUR

33,792 shares

AUR

May 20, 2024

Charity

AUR

451,335 shares

AUR

Nov 20, 2023

Charity

AUR

867,359 shares

AUR

Mar 15, 2022

Received

Compensation History

See how much did Chris Urmson make over time.

In 2023, Chris Urmson received total compensation of $687,462, comprised mainly of a $400,000 salary and a performance-driven bonus of $287,462. His bonus reflects his success in achieving key company milestones, showing that Aurora's board values accountability and performance. It's interesting to note that he did not receive stock awards in 2023, as his existing ownership stake was deemed significant enough. This absence of new equity awards highlights a unique approach to executive compensation, focusing on the alignment of his interests with those of the shareholders by having a big stake in the company. Over the years, his compensation has seen variations, with last year’s figures indicating a blend of cash and stock-based rewards that are tied closely to performance metrics and market outcomes.

Year

2023

Total Compensation

$687.46K

Salary

$400.00K

Board Justification

The compensation philosophy aims to align executive compensation with company performance and long-term success, focusing on operational performance and key milestones.

Bonus

$287.46K

Board Justification

The bonus consists of a Feature Complete Bonus and a 2023 Cash Bonus, reflecting performance against key milestones and corporate strategic objectives.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary and bonus.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards were vested in 2023 as Mr. Urmson did not receive any equity awards in 2023 due to his existing ownership stake.

Performance Metrics

Performance metrics include achievement of product milestones and corporate strategic objectives.