In 2023, Dustin Olson earned $1.08M in total compensation at PureCycle Technologies, Inc., including $758.14K salary and $301.47K bonus. Most recently acquired 303,370 shares in Feb 2024. Currently holds stock worth $11.31M. 3+ years at the helm of PureCycle Technologies, Inc..
Compensation History
Annual executive compensation data for Dustin Olson, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.08M
Salary
$758.14K
Bonus
$301.47K
Other
$24.20K
Salary
$758.14KBoard 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
$301.47KBoard 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 Compensation
$24.20KBoard Justification
Other compensation includes contributions to the 401(k) plan, life insurance, and reimbursement for executive physicals.
Restricted Stock
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.
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
Sector of Economy
Industrials
Born
January 1, 1977 - 48 years ago
CEO of PureCycle Technologies, Inc. for
3 years 4 months (Aug 2022 - Present)
Previous Experience
Vice President of Advanced Polymer Solutions at LyondellBasell
Other PureCycle Technologies, Inc. CEOs
Holdings
Track Dustin Olson's stock holdings and portfolio value over time.
Insider Trading
Dustin Olson's recent stock transactions, purchases, and sales filed with the SEC.
303,370 shares
PCT
Feb 21, 2024
Received
$219.57K
PCT at $3.22/share
Nov 10, 2023
Purchase
263,157 shares
PCT
Mar 22, 2023
Received
$7.64K
PCT at $6.51/share
Dec 4, 2022
Sale
113,332 shares
PCT
Aug 4, 2022
Received
21,766 shares
PCT
May 20, 2022
Received
58,824 shares
PCT
Mar 2, 2022
Received
180,709 shares
PCT
Jul 8, 2021
Received
Rivals
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