Sundar PichaiSundar Pichai earned $164M in 2023
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David Jansen

Ex-CEO of Solid Power

Education

B.S. in Electrical Engineering from the University of Arizona

Field of Expertise

Technology & Engineering - Engineering

Born

July 1, 1962 - 62 years ago

Economy Sector

Industrials

Tenure

0 years 6 months (Nov 2022 - Jun 2023)

Previous Experience

Chair and President of Solid Power, Inc.; previously served as Managing Partner of a venture capital fund and CEO of Advanced Distributed Sensor Systems.

David Jansen served as the Interim CEO of Solid Power, Inc. from late 2022 until mid-2023, after over five years as the company’s President. He has a solid background in engineering, holding a B.S. in Electrical Engineering from the University...

Year

2023

Total Compensation

$3.49M

Salary

$540.00K

Board Justification

The compensation philosophy aims to attract and retain qualified executives while aligning their compensation with company performance and shareholder interests.

Bonus

$406.20K

Board Justification

The annual cash bonus for 2023 was determined based on the performance of the Company and Mr. Jansen against operational, strategic, and budgeting goals, with an achievement percentage of 77% of the target.

Other

$572.55K

Board Justification

Other compensation includes cash severance of $540,000 and reimbursement of attorneys’ fees incurred in connection with Mr. Jansen’s retirement.

Restricted Stock

$1.97M(1.97M RSU)

Board Justification

The stock awards granted to Mr. Jansen in 2023, which vested during the year, were calculated based on the grant date fair value of the awards.

Performance Metrics

The performance metrics for determining compensation included operational goals related to technology development, production targets, and budget objectives.