In 2023, Kenneth Washington earned $2.89M in total compensation at Gentherm, including $971.00K salary and $1.57M bonus. Most recently acquired 2,662 shares in May 2024. Currently holds stock worth $399.78K. Led Gentherm as CEO for 1 years.
Compensation History
Annual executive compensation data for Kenneth Washington, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.89M
Salary
$971.00K
Bonus
$1.57M
Other
$351.40K
Salary
$971.00KBoard Justification
The compensation program is designed to attract, motivate, and retain qualified executives while aligning their interests with those of shareholders through performance-based incentives.
Bonus
$1.57MBoard Justification
Earned 129.1% of target bonus based on performance metrics including Adjusted EBITDA and Revenue for 2023.
Other Compensation
$351.40KBoard Justification
Includes contributions to the Deferred Compensation Plan and other benefits.
Restricted Stock
Board Justification
No stock grants vested in 2023; only stock grants that vested are included in the total compensation.
Performance Metrics
Adjusted EBITDA, Revenue, Relative Revenue Growth, and Strategic Goals including Automotive New Business Awards and Sustainability metrics.
Kenneth Washington
Ex-CEO of Gentherm
Education
Bachelor's, Master's and Doctorate degrees in nuclear engineering from Texas A&M University
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Consumer Cyclical
Born
January 1, 1973 - 52 years ago
CEO of Gentherm for
1 year 2 months (Oct 2023 - Jan 2025)
Previous Experience
SVP, Chief Technology and Innovation Officer of Medtronic plc
Holdings
Track Kenneth Washington's stock holdings and portfolio value over time.
Insider Trading
Kenneth Washington's recent stock transactions, purchases, and sales filed with the SEC.
2,662 shares
THRM
May 16, 2024
Received
1,528 shares
THRM
Oct 9, 2023
Received
Rivals
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