Sundar PichaiSundar Pichai earned $164M in 2023

Ehsan Zargar is the former CEO of Spectrum Brands Holdings, a major player in consumer goods. He joined the company as a board member in 2017 and helped steer it through significant growth. With a solid background in law and...

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Ehsan Zargar

Ex-CEO of Spectrum Brands Holdings

Sector of Economy

Consumer Defensive

CEO of Spectrum Brands Holdings for

3 years 9 months (Jan 2017 - Oct 2020)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Ehsan Zargar

Holdings

See how much did Ehsan Zargar make over time.

Ehsan Zargar's holdings in Spectrum Brands Holdings were significant during his tenure. In 2020, Zargar's vested stocks were valued at approximately $2.88 million, showcasing a strong alignment with the company's performance ambitions. His wealth in Spectrum's shares peaked during his...

Mar 17, 2025

Insider Trading

See recent insider trades of Ehsan Zargar.

SPB

7,169 shares

SPB

Dec 4, 2023

Received

SPB

$70.02K

SPB at $66.50/share

Nov 24, 2023

Purchase

SPB

27,027 shares

SPB

Nov 24, 2023

Received

SPB

$69.95K

SPB at $82.98/share

Aug 29, 2023

Purchase

SPB

9,639 shares

SPB

Nov 25, 2022

Received

SPB

4,687 shares

SPB

Dec 15, 2021

Received

SPB

7,373 shares

SPB

Dec 22, 2020

Received

SPB

20,519 shares

SPB

Nov 21, 2020

Received

SPB

4,382 shares

SPB

Dec 6, 2019

Received

SPB

20,519 shares

SPB

Nov 21, 2019

Received

Compensation History

See how much did Ehsan Zargar make over time.

In 2020, Ehsan Zargar received a total compensation package of approximately $3.7 million, which included a $400,000 salary and a significant $2.88 million from vested stocks. His bonuses were tied directly to reaching specific performance targets related to EBITDA and cash flow. This structure aligns his financial rewards with the company's success, promoting a culture of accountability and performance. His compensation journey over the years shows a pattern of increasing rewards based on the performance of Spectrum Brands, particularly after 2019 when bonuses grew substantially due to strategic initiatives. Zargar's last payment structure reflects the modern corporate push for aligning executive rewards with overall company performance and shareholder interests.

Year

2020

Total Compensation

$3.75M

Salary

$400.00K

Board Justification

The compensation philosophy is designed to link pay for performance, encourage prudent decision-making, and create a balanced focus on short-term and long-term performance and value creation.

Bonus

$307.80K

Board Justification

The bonus is based on the Management Incentive Plan (MIP) which is 100% performance-based, contingent upon achieving annual performance goals related to Adjusted EBITDA and Adjusted Free Cash Flow.

Other

$156.60K

Board Justification

Other compensation includes contributions to a supplemental executive life insurance program and other benefits.

Restricted Stock

$2.88M(2.88M RSU)

Board Justification

The stock awards consist of performance-based restricted stock units (PSUs) and time-based restricted stock units (RSUs) that will vest based on the achievement of cumulative performance metrics over a three-year period.

Performance Metrics

The performance metrics for the Management Incentive Plan (MIP) are based on Adjusted EBITDA and Adjusted Free Cash Flow.