Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Donald D. Charron earned $2.38M in total compensation at Kimball Electronics, including $723.45K salary, $318.32K bonus and $1.28M in stock. Most recently acquired 54,514 shares in Aug 2022. Currently holds stock worth $20.31M. Led Kimball Electronics as CEO for 8 years.

Compensation History

Annual executive compensation data for Donald D. Charron, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$2.38M

Salary

$723.45K

Bonus

$318.32K

Other

$55.41K

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 Compensation

$55.41K

Board Justification

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

Restricted Stock

$1.28M54.51K 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.

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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.

Holdings

Track Donald D. Charron's stock holdings and portfolio value over time.

Insider Trading

Donald D. Charron's recent stock transactions, purchases, and sales filed with the SEC.

KE

54,514 shares

KE

Aug 19, 2022

Received

KE

69,137 shares

KE

Aug 24, 2021

Received

KE

53,288 shares

KE

Aug 24, 2020

Received

KE

65,692 shares

KE

Aug 19, 2019

Received

KE

74,351 shares

KE

Aug 20, 2018

Received

KE

67,230 shares

KE

Aug 21, 2017

Received

KE

50,226 shares

KE

Aug 19, 2016

Received

KE

53,416 shares

KE

Aug 21, 2015

Received

Rivals

Compare Donald D. Charron with competitor CEOs and industry peers.