Sundar PichaiSundar Pichai earned $164M in 2023
D

David R. Little

CEO of DXP Enterprises

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Born

January 1, 1952 - 73 years ago

Economy Sector

Industrials

Current Tenure

29 years 1 month (Jan 1996 - Present)

Previous Experience

Chairman of the Board, President and Chief Executive Officer of SEPCO Industries, Inc.

David R. Little has been leading DXP Enterprises, Inc., a company that specializes in supply chain services and engineered products since 2006. With a Bachelor’s degree in Business Administration from the University of Texas, Little is well-rounded in management. He...

Year

2023

Total Compensation

$2.99M

Salary

$770.00K

Board Justification

The compensation philosophy focuses on aligning executive pay with performance metrics that drive shareholder value, ensuring competitive compensation to attract and retain top talent.

Bonus

$1.54M

Board Justification

The 2023 cash bonus payout was capped at a base Growth Incentive Factor of 1.50% based on profit before tax, with a maximum bonus of 200% of base salary.

Other

$93.44K

Board Justification

Other compensation includes 401(k) match, personal use of company plane, personal use of company-owned auto, car allowance, and social club dues.

Restricted Stock

$585.36K(21.95K RSU)

Board Justification

The stock awards that vested in 2023 were based on performance metrics established in prior years and were realized upon vesting in 2023.

Performance Metrics

Performance metrics for the CEO's compensation in 2023 included normalized earnings per share, normalized EBITDA, and overall company financial performance.