George F. Chappelle Jr. has been the Chief Executive Officer of Americold Realty Trust since February 2022, after serving as interim CEO starting in November 2021. His leadership is backed by a strong compensation plan, which reached over $8 million...
George F. Chappelle Jr. has been the Chief Executive Officer of Americold Realty Trust since February 2022, after serving as interim CEO starting in November 2021. His leadership is backed by a strong compensation plan, which reached over $8 million in total for 2023, highlighting his success in boosting company performance. In 2022, he received equity awards of $3.56 million, signifying a trust in his vision for the company's growth. His approach involves aligning executive pay with the firm’s performance, focusing on objectives like EBITDA and strategic goals. Interestingly, Chappelle has significant stakes in the company, managing both time and performance-based units that vest over time and are influenced by the company's achievements. He made a notable move during peak trading times where he sold shares for around $545k each month, demonstrating confidence in the company’s direction. Under his guidance, Americold has strived to lead in the cold chain logistics industry, with a keen emphasis on efficiency and performance metrics that resonate with stockholder interests. Chappelle's path includes critical roles in supply chain management prior to his appointment, shaping his understanding of the market dynamics at play.