Sundar PichaiSundar Pichai earned $164M in 2023

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...

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David R. Little

CEO of DXP Enterprises

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1952 - 73 years ago

CEO of DXP Enterprises for

29 years 4 months (Jan 1996 - Present)

Previous Experience

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

Rivals

Competitors/colleagues of David R. Little

Holdings

See how much did David R. Little make over time.

David R. Little's wealth is closely tied to his holdings in DXP Enterprises. He has seen significant fluctuations in his stock value over the years, particularly peaking during good market conditions where his holdings played a pivotal role in his...

Total Stock Sold

$13.98M

DXPE

$13.98M

343,341 DXPE shares

What if they kept their stock?

If David R. Little didn't sell their stock, today they would have:
Extra DXPE343,341 shares worth $4.72M.
This is -66.22% and $9.25M less than what they got when they sold the stock.

Charitable Transactions

DXPE

410,537 shares

DXPE

Recent Charitable Transactions

DXPE

$512.24K

DXPE at $82.62/share

Dec 31, 2024

Charity

DXPE

9,207 shares

DXPE

Dec 13, 2023

Charity

DXPE

4,054 shares

DXPE

Dec 13, 2023

Charity

DXPE

15,372 shares

DXPE

Dec 14, 2022

Charity

DXPE

13,783 shares

DXPE

Dec 15, 2021

Charity

DXPE

13,235 shares

DXPE

Dec 31, 2020

Charity

Insider Trading

See recent insider trades of David R. Little.

DXPE

$68.57K

DXPE at $82.62/share

Dec 31, 2024

Received

DXPE

$247.86K

DXPE at $82.62/share

Dec 31, 2024

Inheritance

DXPE

$512.24K

DXPE at $82.62/share

Dec 31, 2024

Charity

DXPE

50,251 shares

DXPE

Mar 28, 2024

Received

DXPE

9,207 shares

DXPE

Dec 13, 2023

Charity

DXPE

1,174 shares

DXPE

Dec 13, 2023

Received

DXPE

4,054 shares

DXPE

Dec 13, 2023

Charity

DXPE

100,297 shares

DXPE

Apr 5, 2023

Received

DXPE

963 shares

DXPE

Dec 31, 2022

Received

DXPE

$561.00K

DXPE at $28.05/share

Dec 27, 2022

Sale

Compensation History

See how much did David R. Little make over time.

In 2023, David R. Little earned about $5.1 million, mostly driven by a cash salary and performance bonuses. His salary was around $770,000, which is standard for an executive position like his. However, the standout feature of his compensation is the cash bonus that can reach as high as twice his base salary, depending on the company’s profits. In 2023, he received a bonus of $1.54 million, which reflects his company's solid performance metrics, including earnings per share and overall financial results. This pay structure emphasizes accountability since his earnings are closely linked to DXP's success. Over the years, his compensation has shown a consistent trend of growth, mirroring the ups and downs of the industry and the company’s challenges he faced as CEO.

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.