In 2023, David Cherechinsky earned $2.98M in total compensation at DNOW, including $950.00K salary, $1.29M bonus and $740.64K in stock. 5+ years at the helm of DNOW.
Compensation History
Annual executive compensation data for David Cherechinsky, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.98M
Salary
$950.00K
Bonus
$1.29M
Other
$0.00
Salary
$950.00KBoard Justification
The compensation philosophy is designed to attract and retain top talent while aligning executive interests with shareholder value through a mix of base salary, annual incentives, and long-term equity awards.
Bonus
$1.29MBoard Justification
The bonus is based on the company's performance metrics, specifically EBITDA and Working Capital, with a target incentive opportunity of 100% of salary. The actual payout was determined based on the company's achievement of these metrics in 2023.
Other Compensation
$0.00Board Justification
No other compensation was reported for 2023.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were part of the long-term incentive plan, which includes performance-based share awards and restricted stock that vest over a three-year period.
Performance Metrics
The performance metrics for 2023 included EBITDA and Working Capital, which were used to determine the annual incentive payout.
David Cherechinsky
CEO of DNOW
Education
Bachelor's degree in Accounting
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Energy
Born
January 1, 1966 - 59 years ago
CEO of DNOW for
5 years 6 months (Jun 2020 - Present)
Previous Experience
Senior Vice President and Chief Financial Officer at DNOW
Other DNOW CEOs
Holdings
Track David Cherechinsky's stock holdings and portfolio value over time.
Insider Trading
David Cherechinsky's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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