Sundar PichaiSundar Pichai earned $164M in 2023

Dale A. Asplund became the President and CEO of BrightView Holdings, Inc. on October 1, 2023, following a brief interim period led by James R. Abrahamson. Asplund has significant experience in operations, having previously served as Executive Vice President and...

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Dale A. Asplund

CEO of BrightView Holdings, Inc.

Education

N/A

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1968 - 57 years ago

CEO of BrightView Holdings, Inc. for

1 year 8 months (Oct 2023 - Present)

Previous Experience

Executive Vice President, Chief Operating Officer of United Rentals, Inc.

Rivals

Competitors/colleagues of Dale A. Asplund

Holdings

See how much did Dale A. Asplund make over time.

As of October 1, 2023, Dale A. Asplund has made a notable personal investment of approximately $5.5 million in BrightView Holdings, Inc. This investment shows his commitment and confidence in the company’s future. In addition to this investment, he is...

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Insider Trading

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Compensation History

See how much did Dale A. Asplund make over time.

In 2023, Dale A. Asplund's compensation is unique since he was appointed CEO on October 1, 2023. Consequently, he earned no salary, bonus, or stock options during the fiscal year. His employment agreement states that he will receive a $950,000 salary in the ongoing fiscal year and a bonus target of 130% of this salary. He is also expected to receive long-term incentive awards under BrightView’s Omnibus Incentive Plan, starting in 2024, which could total a grant value of at least $4 million. This structure emphasizes performance-based compensation tied to the company's growth and success, aiming to align his interests with those of the shareholders.

Year

2023

Total Compensation

$0.00

Salary

$0.00

Board Justification

The compensation philosophy is to align executive compensation with business results and stockholder interests, focusing on performance-based compensation.

Bonus

$0.00

Board Justification

Due to the interim nature of Mr. Abrahamson’s role, he did not have an annual bonus opportunity for Fiscal 2023.

Other

$0.00

Board Justification

No additional compensation was reported for Mr. Asplund in 2023 as he was appointed CEO effective October 1, 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards were granted to Mr. Asplund in 2023 as he was appointed CEO effective October 1, 2023.

Performance Metrics

The performance metrics for determining compensation include Adjusted EBITDA and Free Cash Flow.

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