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John Long served as the CEO of First Advantage Corporation from 2003 until his resignation in March 2007. He had a significant impact on the company during his tenure, guiding it through important acquisitions and strategic initiatives that shaped its...

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John Long

Ex-CEO of First Advantage Corporation

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1957 - 68 years ago

CEO of First Advantage Corporation for

4 years 2 months (Jan 2003 - Mar 2007)

Previous Experience

CEO of First Advantage Corporation since 2003

Rivals

Competitors/colleagues of John Long

Holdings

See how much did John Long make over time.

At the time of his resignation, John Long had a significant number of stocks and options in First Advantage Corporation, which reflected his commitment to the company. In 2006, his total compensation was reported at around $1 million, showcasing the...

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Compensation History

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In 2007, John Long's total compensation was around $3 million, which included his salary and various other benefits. Interestingly, his pay included a severance package that reflected the board's appreciation for his contributions. In previous years, particularly in 2005, he earned approximately $1 million, with a substantial portion coming from his bonuses and stock options. Initially, his salary rose steadily from $300,000 in 2003 to $600,000 in 2006, indicating both the growth of the company and the increasing responsibility he shouldered. Beyond salary, and while he did not see significant bonuses in his final year due to his resignation timing, over the years, he was important not just for his leadership but also for financially aligning himself with the company through stock options and bonuses tied to performance metrics.

Year

2007

Total Compensation

$676.47K

Salary

$251.73K

Board Justification

The compensation philosophy aims to attract, motivate, and retain key executive talent while aligning executive interests with those of stockholders through performance-based compensation.

Bonus

$0.00

Board Justification

No annual cash bonus was awarded to Mr. Long for 2007 as he resigned before the bonus was determined.

Other

$424.74K

Board Justification

This includes a severance payment of $2.2 million and consulting fees of $112,500, as well as legal fees reimbursed in conjunction with his resignation.

Restricted Stock

$0.00(0 Restricted Stock)

Board Justification

No stock awards vested in 2007 as Mr. Long's stock awards were accelerated upon his resignation.

Performance Metrics

Mr. Long's performance metrics were not applicable in 2007 due to his resignation before the performance evaluation period.

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