Alexander KarpAlexander Karp earned $1B in 2024

In 2013, Dr. Min Kao earned $437.18K in total compensation at Garmin, including $350.00K salary and $256.00 bonus. Most recently sold 58,423 shares in Nov 2019. Currently holds stock worth $1.61B. Has donated $393.95M in stock to charitable causes. Led Garmin as CEO for 12 years.

Compensation History

Annual executive compensation data for Dr. Min Kao, including salary, bonuses, and stock awards.

Year

2013

Total Compensation

$437.18K

Salary

$350.00K

Bonus

$256.00

Other

$86.93K

Salary

$350.00K

Board Justification

Garmin’s compensation philosophy is based on direct linkage to performance and alignment with shareholder interests, aiming to attract, motivate, and retain a highly qualified executive team.

Bonus

$256.00

Board Justification

Annual holiday cash bonus paid to all employees, including Named Executive Officers, in 2013.

Other Compensation

$86.93K

Board Justification

Includes contributions to the 401(k) plan and personal guarantees payments.

Restricted Stock

$0.000 N/A

Board Justification

No stock awards were granted or vested in 2013.

Performance Metrics

Compensation is tied to individual and company performance through the use of stock compensation programs.

G

Dr. Min Kao

Founder and Ex-CEO of Garmin

Education

Ph.D. in Electrical Engineering from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

March 29, 1956 - 69 years ago

CEO of Garmin for

12 years 6 months (Jul 2000 - Jan 2013)

Previous Experience

Co-founder of Garmin Ltd., served as CEO since its inception.

Holdings

Track Dr. Min Kao's stock holdings and portfolio value over time.

Total Stock Sold

$1.56B

GRMN

$1.56B

24,000,000 GRMN shares

What if they kept their stock?

If Dr. Min Kao didn't sell their stock, today they would have:
Extra GRMN24,000,000 shares worth $4.89B.
This is 214.09% and $3.33B more than what they got when they sold the stock.

Charitable Transactions

GRMN

1,935,040 shares

GRMN

Recent Charitable Transactions

GRMN

133,200 shares

GRMN

Feb 27, 2025

Charity

GRMN

41,445 shares

GRMN

Sep 4, 2024

Charity

GRMN

35,025 shares

GRMN

Aug 20, 2024

Charity

GRMN

16,472 shares

GRMN

Aug 13, 2024

Charity

GRMN

39,390 shares

GRMN

Jun 11, 2024

Charity

GRMN

36,360 shares

GRMN

Jun 7, 2024

Charity

Insider Trading

Dr. Min Kao's recent stock transactions, purchases, and sales filed with the SEC.

GRMN

133,200 shares

GRMN

Feb 27, 2025

Charity

GRMN

41,445 shares

GRMN

Sep 4, 2024

Charity

GRMN

35,025 shares

GRMN

Aug 20, 2024

Charity

GRMN

16,472 shares

GRMN

Aug 13, 2024

Charity

GRMN

39,390 shares

GRMN

Jun 11, 2024

Charity

GRMN

36,360 shares

GRMN

Jun 7, 2024

Charity

GRMN

36,360 shares

GRMN

Jun 7, 2024

Charity

GRMN

43,500 shares

GRMN

Mar 6, 2024

Charity

GRMN

68,000 shares

GRMN

Sep 5, 2023

Charity

GRMN

80,000 shares

GRMN

Jan 24, 2023

Charity

Rivals

Compare Dr. Min Kao with competitor CEOs and industry peers.