Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Gautam Patel earned $20.32M in total compensation at Spectrum Brands Holdings, including $550.00K salary, $637.31K bonus and $19.13M in stock. Most recently acquired 3,775 shares in Nov 2023. Currently holds stock worth $428.12M. 5+ years at the helm of Spectrum Brands Holdings.

Compensation History

Annual executive compensation data for Gautam Patel, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$20.32M

Salary

$550.00K

Bonus

$637.31K

Other

$10.69K

Salary

$550.00K

Board Justification

The compensation program 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

$637.31K

Board Justification

Annual MIP bonus for Fiscal 2023 payable at 56.65% of target, contingent on performance metrics being met.

Other Compensation

$10.69K

Board Justification

Health and welfare benefits continuation for the Executive and any dependents for 18 months following termination.

Restricted Stock

$19.13M5.74M RSU

Board Justification

All unvested outstanding time-based RSUs would be payable upon termination without cause or due to death or disability or for resignation with good reason.

Performance Metrics

Adjusted EBITDA, Net Sales, and Adjusted Average Inventory Turns for MIP; Adjusted EBITDA, Adjusted Free Cash Flow, and Adjusted Return on Equity for LTIP.

S

Gautam Patel

CEO of Spectrum Brands Holdings

Sector of Economy

Consumer Defensive

CEO of Spectrum Brands Holdings for

5 years 1 month (Oct 2020 - Present)

Previous Experience

Unknown

Holdings

Track Gautam Patel's stock holdings and portfolio value over time.

Insider Trading

Gautam Patel's recent stock transactions, purchases, and sales filed with the SEC.

AMRX

1,598,115 shares

AMRX

Jan 1, 2024

Charity

SPB

3,775 shares

SPB

Nov 24, 2023

Received

SPB

5,020 shares

SPB

Nov 25, 2022

Received

AMRX

$210.50K

AMRX at $4.21/share

Dec 17, 2021

Purchase

SPB

2,441 shares

SPB

Dec 15, 2021

Received

SPB

3,533 shares

SPB

Dec 22, 2020

Received

AMRX

$586.50K

AMRX at $3.91/share

Mar 2, 2020

Purchase

Rivals

Compare Gautam Patel with competitor CEOs and industry peers.