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
$676.92KBoard 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
$0.00Board Justification
No bonus payouts were made to NEOs under the 2022 MIP due to performance not meeting threshold levels.
Other Compensation
$3.39MBoard Justification
Includes severance payments, health care coverage, and other perquisites.
Restricted Stock
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.
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.
Other JELD-WEN CEOs
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.
72,828 shares
JELD
Feb 25, 2022
Received
105,379 shares
JELD
Feb 16, 2022
Received
72,889 shares
JELD
Feb 23, 2021
Received
$126.80K
JELD at $12.68/share
May 7, 2020
Purchase
58,132 shares
JELD
Feb 11, 2020
Received
42,312 shares
JELD
Feb 25, 2019
Received
102,986 shares
JELD
Jun 18, 2018
Received
Rivals
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