In 2023, Chris Villavarayan earned $3.30M in total compensation at Axalta Coating Systems, including $1.00M salary and $1.94M bonus. Most recently acquired 2,415 shares in May 2024. Currently holds stock worth $4.06M. 2+ years at the helm of Axalta Coating Systems.
Compensation History
Annual executive compensation data for Chris Villavarayan, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.30M
Salary
$1.00M
Bonus
$1.94M
Other
$356.06K
Salary
$1.00MBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests, while ensuring competitive pay to attract and retain top talent.
Bonus
$1.94MBoard Justification
The bonus was determined based on the company's performance metrics, with a target bonus of $1,250,000 and an actual payout of $1,940,000 reflecting strong performance in Adjusted EBIT and Free Cash Flow.
Other Compensation
$356.06KBoard Justification
Other compensation includes perquisites such as executive physicals, insurance contributions, and relocation assistance.
Restricted Stock
Board Justification
No stock awards vested in 2023 as the amounts reported are for stock grants, not vested stock.
Performance Metrics
The performance metrics for determining compensation included Adjusted EBIT, Adjusted EBIT Margin, and Free Cash Flow.
Chris Villavarayan
CEO of Axalta Coating Systems
Education
N/A
Field of Expertise
Business & Management
Sector of Economy
Basic Materials
Born
January 1, 1970 - 55 years ago
CEO of Axalta Coating Systems for
2 years 11 months (Jan 2023 - Present)
Previous Experience
CEO and President of Meritor, Inc.; Executive Vice President and Chief Operating Officer at Meritor; Senior Vice President and President – Global Truck at Meritor; President – Americas at Meritor.
Other Axalta Coating Systems CEOs
Holdings
Track Chris Villavarayan's stock holdings and portfolio value over time.
Insider Trading
Chris Villavarayan's recent stock transactions, purchases, and sales filed with the SEC.
2,415 shares
FELE
May 2, 2024
Received
$1.00M
AXTA at $29.67/share
Aug 4, 2023
Purchase
$1.01M
AXTA at $29.20/share
Mar 13, 2023
Purchase
Rivals
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