Colin Gouveia became the CEO of Rogers Corporation on January 1, 2023, after serving as the Senior Vice President and General Manager of the company's Elastomeric Material Solutions (EMS) business since 2019. With over three decades of experience in the...

Colin Gouveia became the CEO of Rogers Corporation on January 1, 2023, after serving as the Senior Vice President and General Manager of the company's Elastomeric Material Solutions (EMS) business since 2019. With over three decades of experience in the chemical and materials manufacturing industries, Colin has held leadership roles at notable companies like Eastman Chemical, Dow Chemical, and Rohm and Haas. He offers a wealth of knowledge from diverse global positions in specialty chemicals. Colin is also a veteran, having served in the U.S. Army for five years. In 2023, he received a total compensation of approximately $1.15 million, which includes a salary of $770,000 and a bonus linked directly to the company's performance metrics. His role not only focuses on leading the firm but also on maximizing shareholder value through effective management practices that align with Rogers’ goals. Colin's educational background includes an MBA from Villanova University and a B.S. in Biology from Norwich University. This foundation, combined with his extensive industry experience, equips him to navigate the challenges of the evolving technology landscape for Rogers.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Rogers Corporation CEOs

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Colin Gouveia

CEO of Rogers Corporation

Education

Not specified

Field of Expertise

Manufacturing & Industrial - Chemical

Sector of Economy

Technology

Born

January 1, 1971 - 54 years ago

CEO of Rogers Corporation for

2 years 3 months (Dec 2022 - Present)

Previous Experience

Senior Vice President and General Manager of EMS at Rogers Corporation; Vice President and General Manager of Eastman Chemical’s global Chemical Intermediates business unit; held global leadership positions with Dow Chemical Company, The Rohm and Haas Company and Imperial Chemical Industries (ICI)

Rivals

Competitors/colleagues of Colin Gouveia

Holdings

See how much did Colin Gouveia make over time.

As the CEO of Rogers Corporation, Colin Gouveia has significant holdings in the company. His performance-based restricted stock unit grants can earn him shares based on achieving specific targets. In 2022, before he officially took on the CEO role, he...

As the CEO of Rogers Corporation, Colin Gouveia has significant holdings in the company. His performance-based restricted stock unit grants can earn him shares based on achieving specific targets. In 2022, before he officially took on the CEO role, he did not receive any bonuses due to performance thresholds not being met, but he did see 4,404 shares vesting, which were valued at around $1.2 million. Transitioning to 2023, his financial picture improved with 3,272 shares vesting valued at around $493,098, reflecting a shift in company dynamics under his leadership. This lack of options previously and the presence of substantial RSU grants emphasizes his direct connection to the company's performance and aligns his interests closely with those of the shareholders.

Total Stock Sold

$399.80K

ROG

$399.80K

1,502 ROG shares

What if they kept their stock?

If Colin Gouveia didn't sell their stock, today they would have:
Extra ROG1,502 shares worth $151.31K.
This is -62.15% and $248.49K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Colin Gouveia.

ROG

39,652 shares

ROG

Feb 12, 2025

Received

ROG

13,970 shares

ROG

Feb 19, 2024

Received

ROG

12,243 shares

ROG

Feb 9, 2023

Received

ROG

$400.22K

ROG at $266.46/share

Aug 19, 2022

Sale

NL

2,500 shares

NL

May 19, 2022

Received

KRO

1,200 shares

KRO

May 18, 2022

Received

ROG

3,210 shares

ROG

Feb 14, 2022

Received

ROG

2,367 shares

ROG

Feb 9, 2022

Received

ROG

2,480 shares

ROG

Feb 10, 2021

Received

ROG

2,320 shares

ROG

Feb 12, 2020

Received

Compensation History

See how much did Colin Gouveia make over time.

In 2023, Colin Gouveia's total compensation was $1,149,278, consisting of a base salary of $770,000 and a performance bonus of $163,009 tied to the company’s revenue and profits. He also saw the value of stock awards that vested during the year contribute an additional $493,098 to his earnings. This structure reflects his alignment with shareholder interests, emphasizing rewarding him based on tangible company performance metrics, such as revenue and Adjusted EBITDA. Gouveia’s goal is to create long-term value for Rogers Corporation, with a compensation philosophy designed to attract and retain top talent while ensuring it matches the overall health of the company. Prior to his role as CEO, his compensation varied, reflecting both the achievements of the company and his own leadership impacts over time.

Year

2023

Total Compensation

$1.54M

Salary

$770.00K

Board Justification

The compensation philosophy aims to attract, retain, and motivate talented executives while aligning their interests with those of shareholders through a balance of fixed and variable compensation.

Bonus

$163.01K

Board Justification

The bonus is based on the company's performance metrics including revenue, gross margin, and Adjusted EBITDA, with a payout percentage of 21.17% for 2023.

Other

$114.27K

Board Justification

Other compensation includes a housing stipend of $83,858, 401(k) match, executive physical, and life insurance premiums.

Restricted Stock

$493.10K(3.27K RSU)

Board Justification

The stock awards that vested in 2023 were based on prior grants, with a total of 3,272 shares vested during the year.

Performance Metrics

Performance metrics for 2023 included revenue, gross margin, and Adjusted EBITDA.

Other Rogers Corporation CEOs

Here are other CEOs of Rogers Corporation

Bruce Hoechner

Ex-CEO of Rogers Corporation

June 2019 - December 2022