Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Gary S. Michel earned $7.25M in total compensation at JELD-WEN, including $676.92K salary and $3.18M in stock. Most recently acquired 72,828 shares in Feb 2022. Currently holds stock worth $1.07M. Led JELD-WEN as CEO for 4 years.

Compensation History

Annual executive compensation data for Gary S. Michel, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$7.25M

Salary

$676.92K

Bonus

$0.00

Other

$3.39M

Salary

$676.92K

Board Justification

The compensation program is designed to align executive compensation with performance and the interests of stockholders, with a significant portion of compensation at risk based on performance metrics.

Bonus

$0.00

Board Justification

No bonus payouts were made to NEOs under the 2022 MIP due to performance not meeting threshold levels.

Other Compensation

$3.39M

Board Justification

Includes severance payments, health care coverage, and other perquisites.

Restricted Stock

$3.18M139.19K RSU

Board Justification

139,193 shares of RSUs vested in 2022, with a market value of $3,181,668.

Performance Metrics

The performance metrics for the 2022 MIP were based on financial measures including Adjusted EBITDA and Operating Cash Flow.

J

Gary S. Michel

Ex-CEO of JELD-WEN

Education

B.S. in mechanical engineering from Virginia Tech and an M.B.A. from the University of Phoenix.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1961 - 64 years ago

CEO of JELD-WEN for

4 years 1 month (Jun 2018 - Aug 2022)

Previous Experience

President and Chief Executive Officer of the Home and Building Technologies strategic business group of Honeywell International, Inc.

Holdings

Track Gary S. Michel's stock holdings and portfolio value over time.

Insider Trading

Gary S. Michel's recent stock transactions, purchases, and sales filed with the SEC.

JELD

72,828 shares

JELD

Feb 25, 2022

Received

JELD

105,379 shares

JELD

Feb 16, 2022

Received

JELD

72,889 shares

JELD

Feb 23, 2021

Received

JELD

$126.80K

JELD at $12.68/share

May 7, 2020

Purchase

JELD

58,132 shares

JELD

Feb 11, 2020

Received

JELD

42,312 shares

JELD

Feb 25, 2019

Received

JELD

102,986 shares

JELD

Jun 18, 2018

Received

Rivals

Compare Gary S. Michel with competitor CEOs and industry peers.