In 2023, David Willetts earned $867.49K in total compensation at Icahn Enterprises, including $769.80K salary and $50.00K bonus. Led Icahn Enterprises as CEO for 2 years.
Compensation History
Annual executive compensation data for David Willetts, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$867.49K
Salary
$769.80K
Bonus
$50.00K
Other
$47.70K
Salary
$769.80KBoard Justification
Our executive compensation philosophy is designed to support our key business objectives while maximizing value to our unitholders. The objectives of our compensation structure are to attract and retain valuable employees, assure fair and internally equitable pay levels and provide a mix of base salary and incentive compensation opportunities that provides motivation and rewards performance. At the same time, we seek to optimize and manage compensation costs.
Bonus
$50.00KBoard Justification
Mr. Willetts had a discretionary annual target bonus opportunity of $1,550,000.
Other Compensation
$47.70KBoard Justification
Mr. Willetts’ “All Other Compensation” for 2024 consists of $42,894 of unused paid time off; $3,681 for medical and dental benefits; and $1,120 for life insurance premiums.
Restricted Stock
Board Justification
Mr. Willetts also received a grant as of December 9, 2021 of 69,498 deferred depositary units of Icahn Enterprises under the Icahn Enterprises 2017 Long-Term Incentive Plan (“LTIP”), determined by dividing $3,750,000 by the 180-day VWAP of depositary units ending on the trading day immediately prior to the grant date. The deferred depositary units were originally scheduled to cliff vest on December 9, 2024
Performance Metrics
overall job performance, including performance against corporate and individual objectives; job responsibilities, including unique skills necessary to support our long-term performance, including that of our subsidiaries; and teamwork, both contributions as a member of the executive management team and fostering an environment of personal and professional growth for the entire work force.
David Willetts
Ex-CEO of Icahn Enterprises
Education
B.A. in business from Franklin and Marshall College
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1971 - 54 years ago
CEO of Icahn Enterprises for
2 years 3 months (Nov 2021 - Feb 2024)
Previous Experience
Chief Financial Officer of Icahn Enterprises
Holdings
Track David Willetts's stock holdings and portfolio value over time.
Insider Trading
David Willetts's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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