In 2014, F. William Grube earned $1.38M in total compensation at Calumet, Inc., including $441.13K salary, $302.18K bonus and $545.69K in stock. Most recently acquired 20,000 shares in Sep 2011. Currently holds stock worth $3.83M. Has donated $49.51M in stock to charitable causes. Led Calumet, Inc. as CEO for 4 years.
Compensation History
Annual executive compensation data for F. William Grube, including salary, bonuses, and stock awards.
Year
2014
Total Compensation
$1.38M
Salary
$441.13K
Bonus
$302.18K
Other
$89.92K
Salary
$441.13KBoard Justification
The compensation philosophy is based on a pay-for-performance model, aligning executive compensation with the achievement of financial performance metrics, specifically distributable cash flow.
Bonus
$302.18KBoard Justification
Short-term cash awards based on achievement of performance targets related to distributable cash flow for the second half of 2014, with a payout of 69% of the target bonus.
Other Compensation
$89.92KBoard Justification
Includes 401(k) matching contributions and other benefits such as long-term disability insurance and vehicle allowances.
Restricted Stock
Board Justification
Phantom units that vested during the year, with a total value realized of $545,685.
Performance Metrics
The primary performance metric used for determining compensation is the achievement of distributable cash flow goals.
F. William Grube
Ex-CEO of Calumet, Inc.
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Energy
Born
January 1, 1964 - 61 years ago
CEO of Calumet, Inc. for
4 years 2 months (Jan 2011 - Mar 2015)
Previous Experience
President, Chief Executive Officer and Director of Calumet GP, LLC
Other Calumet, Inc. CEOs
Holdings
Track F. William Grube's stock holdings and portfolio value over time.
Charitable Transactions
2,559,852 shares
CLMT
Recent Charitable Transactions
2,559,852 shares
CLMT
Apr 10, 2012
Charity
Insider Trading
F. William Grube's recent stock transactions, purchases, and sales filed with the SEC.
2,559,852 shares
CLMT
Apr 10, 2012
Charity
$360.00K
CLMT at $18.00/share
Sep 14, 2011
Purchase
Rivals
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