Sundar PichaiSundar Pichai earned $164M in 2023
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Dustin Olson

CEO of PureCycle Technologies, Inc.

Education

B.S. in Chemical Engineering from the University of Missouri-Rolla, Master's degree in Chemical Engineering from the University of Houston, MBA from Rice University

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1977 - 48 years ago

Economy Sector

Industrials

Current Tenure

2 years 6 months (Aug 2022 - Present)

Previous Experience

Vice President of Advanced Polymer Solutions at LyondellBasell

Dustin Olson, the CEO of PureCycle Technologies, has a solid educational background that includes a B.S. in Chemical Engineering and an MBA from Rice University. Before leading the company, he served in various roles at LyondellBasell, where he managed operations...

Year

2023

Total Compensation

$1.08M

Salary

$758.14K

Board Justification

The compensation philosophy aims to attract, develop, and retain motivated executives while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$301.47K

Board Justification

The bonus is based on the company's performance metrics for 2023, which included operational targets tied to full-scale plant production and financial targets supporting global expansion. The payout was determined to be 39% of the target due to challenges faced during the year.

Other

$24.20K

Board Justification

Other compensation includes contributions to the 401(k) plan, life insurance, and reimbursement for executive physicals.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus was on performance-based awards that are subject to future vesting based on performance metrics.

Performance Metrics

The performance metrics for 2023 included achieving operational targets related to the Ironton facility's commercial viability and ensuring sufficient liquidity.