Sundar PichaiSundar Pichai earned $164M in 2023
M

Donald W. Duda

Ex-CEO of Methode Electronics

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1973 - 52 years ago

Economy Sector

Technology

Tenure

10 years 0 months (Jan 2014 - Jan 2024)

Previous Experience

Vice President of Strategy for the Electronics and Industrial business at DuPont de Nemours, Inc.

Donald W. Duda has been the CEO of Methode Electronics since 2014, and he's a key figure in shaping the company’s direction and its focus on performance. Under his leadership, Methode Electronics has seen significant changes, particularly during challenging times...

Year

2023

Total Compensation

$4.04M

Salary

$1.03M

Board Justification

The compensation philosophy aims to attract, retain, and motivate highly qualified executives, aligning their interests with those of stockholders through performance-based incentives.

Bonus

$835.43K

Board Justification

Earned portion of his annual performance-based cash bonus for fiscal 2024, based on company performance and personal goals.

Other

$339.21K

Board Justification

Includes vacation payout, life insurance, and car allowance.

Restricted Stock

$1.83M(150K RSU)

Board Justification

Upon retirement, Mr. Duda's outstanding and unvested RSUs became vested, representing 150,000 RSU awards with a market value at April 26, 2024 of approximately $1,833,000.

Performance Metrics

The performance metrics for Mr. Duda's compensation included achieving a gross profit margin percentage of net sales and personal goals related to business continuity.