In 2023, Clifton A. Pemble earned $1.43M in total compensation at Garmin, including $1.35M salary and $333.00 bonus. Most recently sold 28,808 shares in Feb 2025. Currently holds stock worth $27.76M. Has donated $2.89M in stock to charitable causes. Has led Garmin for over 12 years.
Compensation History
Annual executive compensation data for Clifton A. Pemble, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.43M
Salary
$1.35M
Bonus
$333.00
Other
$74.69K
Salary
$1.35MBoard Justification
Garmin's compensation philosophy aims to provide competitive compensation that is internally equitable and externally competitive to attract, motivate, and retain a highly qualified executive team, while aligning their interests with those of shareholders.
Bonus
$333.00Board Justification
Annual holiday cash bonus of $333 paid to all Named Executive Officers in 2023.
Other Compensation
$74.69KBoard Justification
Includes amounts contributed by the Company to the trust and in the Named Executive Officers’ benefit under the Company’s qualified 401(k) plan, health and other insurance premiums, and premiums on life insurance.
Restricted Stock
Board Justification
This section does not include stock grants as they are not vested in 2023.
Performance Metrics
Compensation is linked to the company's operating income and revenue performance.
Clifton A. Pemble
CEO of Garmin
Education
Bachelor's degree in Electrical Engineering from the University of Michigan
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Technology
Born
January 1, 1966 - 59 years ago
CEO of Garmin for
12 years 10 months (Jan 2013 - Present)
Previous Experience
President and Chief Operating Officer since October 2007, member of the Board of Directors since August 2004.
Other Garmin CEOs
Holdings
Track Clifton A. Pemble's stock holdings and portfolio value over time.
Total Stock Sold
$37.97M
$37.97M
388,746 GRMN shares
What if they kept their stock?
If Clifton A. Pemble didn't sell their stock, today they would have:
Extra GRMN388,746 shares worth $75.47M.
This is 98.76% and $37.50M more than what they got when they sold the stock.
Charitable Transactions
14,896 shares
GRMN
Recent Charitable Transactions
2,028 shares
GRMN
Dec 10, 2024
Charity
1,371 shares
GRMN
Aug 6, 2021
Charity
3,137 shares
GRMN
Nov 9, 2020
Charity
2,545 shares
GRMN
Dec 15, 2019
Charity
1,300 shares
GRMN
Dec 15, 2018
Charity
1,799 shares
GRMN
Nov 13, 2017
Charity
Insider Trading
Clifton A. Pemble's recent stock transactions, purchases, and sales filed with the SEC.
$6.53M
GRMN at $226.80/share
Feb 25, 2025
Sale
78,018 shares
GRMN
Feb 19, 2025
Received
$4.43M
GRMN at $218.21/share
Dec 15, 2024
Sale
27,642 shares
GRMN
Dec 15, 2024
Received
2,028 shares
GRMN
Dec 10, 2024
Charity
$2.56M
GRMN at $160.41/share
Jun 18, 2024
Sale
$217.69K
GRMN at $134.21/share
Feb 25, 2024
Sale
38,826 shares
GRMN
Feb 21, 2024
Received
$137.86K
GRMN at $125.90/share
Dec 15, 2023
Sale
22,371 shares
GRMN
Dec 15, 2023
Received
Rivals
Compare Clifton A. Pemble with competitor CEOs and industry peers.