Sundar PichaiSundar Pichai earned $164M in 2023
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David Bruton Smith

CEO of Sonic Automotive

Education

Bachelor's degree in Business Administration from the University of North Carolina at Charlotte

Field of Expertise

Manufacturing & Industrial - Automotive

Born

January 1, 1978 - 47 years ago

Economy Sector

Consumer Cyclical

Current Tenure

6 years 4 months (Sep 2018 - Present)

Previous Experience

Executive Vice Chairman and Chief Strategic Officer of Sonic Automotive, Inc.

David Bruton Smith is the Chief Executive Officer and Chairman of Sonic Automotive, Inc., a major player in the automotive industry. He has been with the company since 1998, gradually climbing the ranks from various positions including Senior Vice President...

Year

2022

Total Compensation

$7.64M

Salary

$1.34M

Board Justification

The compensation philosophy is designed to attract, retain, and reward key executive officers while aligning their interests with those of the stockholders through performance-based incentives.

Bonus

$2.23M

Board Justification

The bonus is based on performance metrics including Adjusted EPS and customer satisfaction index for Sonic's franchised dealerships for the year 2022.

Other

$327.45K

Board Justification

Includes the imputed value of demonstrator vehicles and other benefits such as personal use of corporate aircraft.

Restricted Stock

$3.74M(74.17K RSU)

Board Justification

The stock units were granted based on performance goals related to Adjusted EPS for the year 2022, with vesting contingent on achieving specified performance metrics.

Performance Metrics

Performance metrics include Adjusted EPS targets and customer satisfaction performance for Sonic's franchised dealerships.