Donald R. Young, the CEO of Aspen Aerogels, has a solid background with a Master's degree in Business Administration and a Bachelor's degree in Engineering. He has been with the company since 2015 and took the reins as CEO in...

Donald R. Young, the CEO of Aspen Aerogels, has a solid background with a Master's degree in Business Administration and a Bachelor's degree in Engineering. He has been with the company since 2015 and took the reins as CEO in 2022. Under his leadership, Aspen Aerogels has focused on performance metrics like revenue growth and operational efficiency, which have shaped its compensation strategy. In 2023, he earned a total of $1.17 million, which includes salary, bonuses, and vested stock. Interestingly, his compensation peaked at $2.15 million in 2021, reflecting the company's strong performance during that time. Young's leadership style emphasizes aligning executive interests with those of shareholders, highlighting a commitment to long-term growth. His consistent involvement in Aspen since 2015 showcases his dedication to the company and its mission of developing advanced materials. Through a combination of educational qualifications and seasoned experience, Donald is navigating Aspen Aerogels towards new heights.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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Donald R. Young

CEO of Aspen Aerogels

Education

BA from Harvard College and an MBA from Harvard Business School.

Field of Expertise

Business & Management

Sector of Economy

Industrials

CEO of Aspen Aerogels for

23 years 7 months (Nov 2001 - Present)

Previous Experience

Worked in the United States and abroad in a broad range of senior operating roles for Cabot Corporation, a leading global specialty chemical company. Prior to Cabot Corporation, worked in the investment business at Fidelity Management & Research.

Rivals

Competitors/colleagues of Donald R. Young

Holdings

See how much did Donald R. Young make over time.

Donald R. Young has actively managed his holdings in Aspen Aerogels, reflecting significant engagement with the company's stock. Over the years, his wealth has fluctuated along with the company’s performance. In 2021, he saw a remarkable boost in his financial...

Donald R. Young has actively managed his holdings in Aspen Aerogels, reflecting significant engagement with the company's stock. Over the years, his wealth has fluctuated along with the company’s performance. In 2021, he saw a remarkable boost in his financial standing, earning $1.5 million just from vested stock, which indicates strong performance metrics were met. However, by 2023, his vested stock value dropped to $600,000 as the company adjusted its strategies amid market challenges. Despite these fluctuations, Donald remains a principal figure at Aspen, continuously adapting to changes and maintaining a considerable presence in the company of which he has been part for nearly a decade.

Mar 18, 2025

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shares

ASPN @ $7.04

Total Stock Sold

$20.15M

ASPN

$20.15M

605,353 ASPN shares

What if they kept their stock?

If Donald R. Young didn't sell their stock, today they would have:
Extra ASPN605,353 shares worth $4.81M.
This is -76.12% and $15.34M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Donald R. Young.

ASPN

54,209 shares

ASPN

Mar 5, 2025

Received

ASPN

$1.90M

ASPN at $30.03/share

Sep 30, 2024

Sale

ASPN

$12.76M

ASPN at $29.43/share

May 28, 2024

Sale

ASPN

19,889 shares

ASPN

Mar 5, 2024

Received

ASPN

$170.70K

ASPN at $6.83/share

Aug 8, 2023

Purchase

ASPN

36,710 shares

ASPN

Jun 1, 2023

Received

ASPN

$73.15K

ASPN at $14.63/share

May 12, 2022

Purchase

ASPN

$249.99K

ASPN at $26.29/share

Feb 23, 2022

Received

ASPN

$5.70M

ASPN at $52.66/share

Nov 1, 2021

Sale

ASPN

461,616 shares

ASPN

Jun 29, 2021

Received

Compensation History

See how much did Donald R. Young make over time.

Donald R. Young's compensation structure at Aspen Aerogels reflects a clear strategy aimed at attracting and retaining top talent through performance-based incentives. In 2023, his total compensation was $1.17 million, comprised of a base salary of $450,000, a performance-based bonus of $100,000, and vested stock worth $600,000. This structure aligns his pay with the company's operational efficiency and revenue growth. The previous year, his total compensation was $1.3 million, demonstrating a consistent pattern of aligning executive pay with performance metrics. In contrast, back in 2021, he achieved a peak compensation of $2.15 million, highlighting a year of exceptional performance for Aspen Aerogels. This compensation philosophy is designed to ensure that his financial rewards are directly linked to the company's success, incentivizing long-term growth over short-term gains.

Year

2023

Total Compensation

$1.17M

Salary

$450.00K

Board Justification

The compensation philosophy aligns with performance metrics that focus on long-term growth and shareholder value, ensuring competitive pay to attract and retain top talent.

Bonus

$100.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and operational efficiency for the year 2023.

Other

$20.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2023.

Restricted Stock

$600.00K(50K RSU)

Board Justification

The vested stock consists of restricted stock units (RSUs) that were granted in previous years and vested in 2023.

Performance Metrics

Performance metrics include revenue growth, operational efficiency, and market share expansion.