In 2007, Kenneth B. Gilman earned $914.61K in total compensation at Asbury Automotive Group, primarily from $776.25K salary. Led Asbury Automotive Group as CEO for 5 years.
Compensation History
Annual executive compensation data for Kenneth B. Gilman, including salary, bonuses, and stock awards.
Year
2007
Total Compensation
$914.61K
Salary
$776.25K
Bonus
$0.00
Other
$138.36K
Salary
$776.25KBoard Justification
The compensation philosophy reflects the evolving needs of a young, growing organization, focusing on retention and alignment with company performance.
Bonus
$0.00Board Justification
Pursuant to the terms of Mr. Gilman's employment agreement, he did not receive a 2007 bonus payment upon his retirement on May 4, 2007.
Other Compensation
$138.36KBoard Justification
Includes reimbursements for medical and dental insurance claims, legal fees, tax gross-ups, a Company 401(k) plan match, and an automobile allowance.
Restricted Stock
Board Justification
No stock was granted to Mr. Gilman in 2007 as he retired on May 4, 2007.
Performance Metrics
The annual cash bonus was based entirely on a pre-established net income before taxes (NIBT) metric.
Kenneth B. Gilman
Ex-CEO of Asbury Automotive Group
Education
Bachelor's degree
Field of Expertise
Manufacturing & Industrial - Automotive
Sector of Economy
Consumer Cyclical
Born
January 1, 1945 - 80 years ago
CEO of Asbury Automotive Group for
5 years 4 months (Jan 2002 - May 2007)
Previous Experience
President and CEO of Asbury Automotive Group, Inc.
Other Asbury Automotive Group CEOs
Holdings
Track Kenneth B. Gilman's stock holdings and portfolio value over time.
Insider Trading
Kenneth B. Gilman's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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