Sundar PichaiSundar Pichai earned $164M in 2023

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...

Quick Links
M

Donald W. Duda

Ex-CEO of Methode Electronics

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1973 - 52 years ago

CEO of Methode Electronics for

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.

Rivals

Competitors/colleagues of Donald W. Duda

Holdings

See how much did Donald W. Duda make over time.

Donald W. Duda's holdings have seen significant ups and downs over the years. In 2021, he reached a peak net worth of approximately $59 million in company stock, showing a strong alignment with company performance. However, by late 2023, his...

Total Stock Sold

$25.20M

MEI

$25.20M

648,327 MEI shares

What if they kept their stock?

If Donald W. Duda didn't sell their stock, today they would have:
Extra MEI648,327 shares worth $18.04M.
This is -28.41% and $7.16M less than what they got when they sold the stock.

Charitable Transactions

MEI

12,330 shares

MEI

Recent Charitable Transactions

MEI

12,330 shares

MEI

Dec 27, 2017

Charity

Insider Trading

See recent insider trades of Donald W. Duda.

MEI

$506.64K

MEI at $21.80/share

Sep 21, 2023

Purchase

MEI

$341.79K

MEI at $47.17/share

Dec 12, 2022

Sale

MEI

$1.54M

MEI at $47.10/share

Dec 7, 2022

Sale

MEI

$3.25M

MEI at $46.85/share

Jul 14, 2021

Sale

MEI

$634.51K

MEI at $45.39/share

Mar 10, 2021

Sale

MEI

750,000 shares

MEI

Sep 27, 2020

Received

MEI

$1.69M

MEI at $23.79/share

Dec 11, 2018

Purchase

MEI

12,330 shares

MEI

Dec 27, 2017

Charity

MEI

$4.31M

MEI at $43.14/share

Dec 12, 2016

Sale

MEI

$1.42M

MEI at $35.50/share

Sep 6, 2016

Sale

Compensation History

See how much did Donald W. Duda make over time.

In 2023, Donald W. Duda's total compensation reached about $2.06 million, a mix of salary, bonuses, and other benefits. His base salary was around $1.03 million, complemented by an impressive performance-based cash bonus of roughly $835,000. These figures reflect the company's focus on aligning executive compensation with performance metrics that matter to shareholders, like gross profit margins and individual goals. Duda also has a history of substantial bonuses that depend on company performance, highlighting his role in driving company success. In previous years, his compensation has varied widely, reaching as high as nearly $3 million in 2022, indicative of fluctuating company performance and challenges in the market.

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.

Other Methode Electronics CEOs

Here are other CEOs of Methode Electronics