Sundar PichaiSundar Pichai earned $164M in 2023
T

David Montgomery

Ex-CEO of Tempur Sealy International

Education

Not specified

Economy Sector

Consumer Cyclical

Tenure

3 years 11 months (Jan 2016 - Jan 2020)

Previous Experience

Not specified

David Montgomery is the CEO of Tempur Sealy International, a leader in the bedding industry. He's been with the company since 2003, rising to the role of CEO in 2016. Under his leadership, the company's financial performance has seen significant...

Year

2020

Total Compensation

$1.15M

Salary

$420.49K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain top executive talent, aligning their interests with those of shareholders through performance-based compensation.

Bonus

$630.74K

Board Justification

Annual Incentive Payment based on performance metrics achieved for 2020.

Other

$101.69K

Board Justification

Includes contributions to qualified defined contribution plans and other benefits.

Restricted Stock

$0.00(0 RSUs and PRSUs)

Board Justification

No stock vested in 2020 as the focus is on performance-based awards that vest over time.

Performance Metrics

The performance metrics for 2020 included achieving specific adjusted EBITDA targets.