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Joseph C. Berenato, born in 1957, is the former CEO of Ducommun Incorporated, a company specializing in aerospace and defense. He completed his bachelor’s degree at the University of California, Los Angeles. During his time at Ducommun, Berenato had a...

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Joseph C. Berenato

Ex-CEO of Ducommun

Education

Bachelor's degree from the University of California, Los Angeles

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1957 - 68 years ago

CEO of Ducommun for

4 years 0 months (Jan 2006 - Jan 2010)

Previous Experience

Chairman and Chief Executive Officer of Ducommun Incorporated

Rivals

Competitors/colleagues of Joseph C. Berenato

Holdings

See how much did Joseph C. Berenato make over time.

Joseph C. Berenato's stock holdings in Ducommun Incorporated were significant during his tenure. At various times, he engaged in a series of stock trades amounting to over $1 million, reflecting his strong belief in the company's future. His biggest holdings...

Mar 18, 2025

Total Stock Sold

$1.54M

DCO

$1.54M

73,142 DCO shares

What if they kept their stock?

If Joseph C. Berenato didn't sell their stock, today they would have:
Extra DCO73,142 shares worth $2.77M.
This is 79.2% and $1.22M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Joseph C. Berenato.

DCO

$81.05K

DCO at $30.02/share

Mar 17, 2017

Sale

DCO

$234.72K

DCO at $28.59/share

Nov 23, 2016

Sale

DCO

$45.36K

DCO at $25.34/share

Nov 17, 2016

Sale

DCO

$231.48K

DCO at $19.29/share

Jun 14, 2016

Sale

DCO

3,800 shares

DCO

May 4, 2016

Received

DCO

$239.75K

DCO at $15.98/share

Mar 29, 2016

Sale

DCO

$162.80K

DCO at $16.28/share

Dec 29, 2015

Sale

DCO

2,500 shares

DCO

May 27, 2015

Received

DCO

$25.37K

DCO at $25.37/share

Jun 27, 2014

Sale

DCO

2,500 shares

DCO

May 7, 2014

Received

Compensation History

See how much did Joseph C. Berenato make over time.

Joseph C. Berenato’s compensation at Ducommun Incorporated evolved through the years based on company performance and personal contributions. In 2008, he received a total of $1,863,000, marking the highest earnings during his tenure due to strong company performance metrics that drove bonuses. His annual cash bonuses were directly linked to the financial success of the company, as seen in the performance-based structure designed to reward achieving specific targets. For instance, in 2009, his pay dipped to approximately $1,048,000, reflecting a year when performance slightly missed targets. By 2010, his total compensation had decreased to around $823,000, highlighting the impact of corporate performance on executive pay. His philosophy of linking substantial portions of compensation to performance metrics aligned personal success with shareholder interests, setting a competitive tone for executive leadership within the company.

Year

2010

Total Compensation

$1.15M

Salary

$450.00K

Board Justification

The compensation philosophy is oriented towards a pay-for-performance approach, with a significant portion of total compensation linked to the achievement of financial goals and individual performance.

Bonus

$365.00K

Board Justification

Annual cash bonuses were awarded based on the Corporation’s actual financial performance compared to targets for net income and cash from operations, and on the individual performance of named executive officers.

Other

$23.99K

Board Justification

Includes automobile allowance, life insurance premiums, and company contributions to the 401(k) plan.

Restricted Stock

$311.82K(16.67K RSU)

Board Justification

Restricted stock units that vested on January 1, 2011, as part of the compensation package.

Performance Metrics

The performance metrics included achieving pre-established levels of net income and cash from operations.

Other Ducommun CEOs

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