In 2013, Jeffrey L. Turner earned $4.09M in total compensation at Spirit Aerosystems, including $567.59K salary and $3.48M in stock. Most recently sold 40,000 shares in Apr 2014. Currently holds stock worth $20.48M. Led Spirit Aerosystems as CEO for 7 years.
Compensation History
Annual executive compensation data for Jeffrey L. Turner, including salary, bonuses, and stock awards.
Year
2013
Total Compensation
$4.09M
Salary
$567.59K
Bonus
$0.00
Other
$45.58K
Salary
$567.59KBoard Justification
The compensation philosophy is designed to attract, retain, and motivate highly qualified executive officers by providing competitive compensation that is market-based and ensuring a substantial portion of total compensation is variable, delivering awards based on company and individual success.
Bonus
$0.00Board Justification
No bonus was awarded to Mr. Turner for 2013 due to his retirement in June 2013.
Other Compensation
$45.58KBoard Justification
Other compensation includes contributions to defined contribution plans and other benefits.
Restricted Stock
Board Justification
Mr. Turner received 169,720 shares of restricted stock that vested in 2013, including 10,962 shares from the STIP and 158,758 shares from the LTIP.
Performance Metrics
The performance metrics for 2013 included company-wide quantitative measures of earnings before interest and taxes (EBIT), EBIT as a percentage of revenue, and total free cash flow.
Jeffrey L. Turner
Ex-CEO of Spirit Aerosystems
Sector of Economy
Industrials
CEO of Spirit Aerosystems for
7 years 7 months (Jun 2005 - Jan 2013)
Previous Experience
Unknown
Other Spirit Aerosystems CEOs
Holdings
Track Jeffrey L. Turner's stock holdings and portfolio value over time.
Total Stock Sold
$1.22M
$1.22M
112,777 SPR shares
What if they kept their stock?
If Jeffrey L. Turner didn't sell their stock, today they would have:
Extra SPR112,777 shares worth $4.45M.
This is 265.25% and $3.24M more than what they got when they sold the stock.
Insider Trading
Jeffrey L. Turner's recent stock transactions, purchases, and sales filed with the SEC.
$1.21M
SPR at $30.15/share
Apr 24, 2014
Sale
4,321 shares
SPR
Dec 16, 2013
Received
73,932 shares
SPR
May 8, 2013
Received
10,962 shares
SPR
Feb 22, 2013
Received
124,546 shares
SPR
May 7, 2012
Received
$862.62K
SPR at $24.95/share
May 7, 2012
Sale
$184.61K
SPR at $24.05/share
Feb 29, 2012
Sale
15,140 shares
SPR
Feb 24, 2012
Received
106,113 shares
SPR
May 10, 2011
Received
$700.90K
SPR at $22.96/share
May 6, 2011
Sale
Rivals
Compare Jeffrey L. Turner with competitor CEOs and industry peers.