Donald D. Charron has been the CEO of Kimball Electronics since it became a public company in 2014. With a solid background in business management, he has a bachelor's degree in Business Administration from Indiana University. Under his leadership, the...

Donald D. Charron has been the CEO of Kimball Electronics since it became a public company in 2014. With a solid background in business management, he has a bachelor's degree in Business Administration from Indiana University. Under his leadership, the company saw significant growth, including a record in sales in fiscal year 2018. Interestingly, he announced his retirement effective February 28, 2023, which marked the end of an era for the company. During his time, he served not only as CEO but also as Chairman of the Board, showcasing his deep engagement in the company’s direction. One thing to note is that his compensation in 2022 was around $3.9 million, which included salary, bonuses, and stock awards, reflecting the firm’s performance-oriented pay structure. His approach focused on long-term value for shareholders, and he actively managed trades in the company stock, with peak trades valued over $13 million in the past few years. Charron’s time at Kimball Electronics is a testament to his capability in leading a company through evolving markets and challenges while maintaining core values.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Kimball Electronics CEOs

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Donald D. Charron

Ex-CEO of Kimball Electronics

Education

Bachelor's degree in Business Administration from Indiana University.

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1957 - 68 years ago

CEO of Kimball Electronics for

8 years 4 months (Oct 2014 - Feb 2023)

Previous Experience

Chairman and Chief Executive Officer of Kimball Electronics since October 2014.

Rivals

Competitors/colleagues of Donald D. Charron

Holdings

See how much did Donald D. Charron make over time.

During his time at Kimball Electronics, Donald D. Charron made significant stock trades, with notable monthly fluctuations in value. Between late 2019 and 2020, he saw his stock holdings rise to as much as $6.6 million before tapering off slightly....

During his time at Kimball Electronics, Donald D. Charron made significant stock trades, with notable monthly fluctuations in value. Between late 2019 and 2020, he saw his stock holdings rise to as much as $6.6 million before tapering off slightly. Notably, in 2021, his holdings peaked at around $12.58 million. By late 2021 through early 2022, his holdings were consistently over $10 million, reflecting the company’s strong performance and his active management of stock investments. As of mid-2023, the value of his holdings was still robust, hovering around $14 million. This demonstrates not just a successful tenure as CEO but also smart investment management, aligning with his company’s growth.

Mar 18, 2025

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shares

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Insider Trading

See recent insider trades of Donald D. Charron.

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54,514 shares

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Aug 19, 2022

Received

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69,137 shares

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Aug 24, 2021

Received

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53,288 shares

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Aug 24, 2020

Received

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65,692 shares

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Aug 19, 2019

Received

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74,351 shares

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Aug 20, 2018

Received

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67,230 shares

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Aug 21, 2017

Received

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50,226 shares

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Aug 19, 2016

Received

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53,416 shares

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Aug 21, 2015

Received

Compensation History

See how much did Donald D. Charron make over time.

In 2022, Donald D. Charron received compensation totaling about $3.9 million. This package included a salary of $723,452 and a bonus of $318,319, which was based on the company's profit-sharing plan linked to its economic performance. Additionally, he earned $1.3 million from vested stock, reflecting his long-term incentives and the company's success over previous years. His compensation philosophy tied directly to performance metrics emphasized not only operating income but also sales growth, aligning well with shareholder interests. Previous years also showed significant growth in his earnings, as he consistently achieved high performance metrics, earning total compensations that exceeded $2 million in prior years. This structured compensation approach reflects a deep connection between his leadership and the company’s financial outcomes.

Year

2022

Total Compensation

$2.38M

Salary

$723.45K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives by linking compensation to performance metrics that align with shareholder interests.

Bonus

$318.32K

Board Justification

The bonus is based on the Profit Sharing Incentive Bonus Plan, which is tied to the company's economic profit performance for the fiscal year 2022.

Other

$55.41K

Board Justification

This includes benefits received from Company contributions earned for the 401(k) Retirement Plans and SERP plans.

Restricted Stock

$1.28M(54.51K Common Stock)

Board Justification

The stock awards that vested during the fiscal year 2022 were based on performance shares and restricted shares granted in prior years, with the number of shares determined by the company's performance against established goals.

Performance Metrics

The performance metrics for the CEO's compensation are based on the company's economic profit, operating income, and sales growth compared to specific goals.

Other Kimball Electronics CEOs

Here are other CEOs of Kimball Electronics

Richard D. Phillips

CEO of Kimball Electronics

March 2023 - Present