Sundar PichaiSundar Pichai earned $164M in 2023

Kenneth Washington is the current CEO of Gentherm Inc., a company he joined in October 2023 after serving as the Senior Vice President and Chief Technology and Innovation Officer at Medtronic. Kenneth has a solid background in engineering, holding multiple...

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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

See how much did Kenneth Washington make over time.

As CEO of Gentherm, Kenneth Washington has engaged in several strategic trades recently, reflecting an active management of his holdings. In October 2023, he executed trades valued at approximately $78,000. His trading activities have shown a notable increase, peaking with...

Mar 18, 2025

Insider Trading

See recent insider trades of Kenneth Washington.

THRM

2,662 shares

THRM

May 16, 2024

Received

THRM

1,528 shares

THRM

Oct 9, 2023

Received

Compensation History

See how much did Kenneth Washington make over time.

Kenneth Washington's total compensation as of 2023 reached approximately $2.59 million, reflecting a structured incentive system. His salary was set at $971,000, but the bulk of his earnings came from a performance-based bonus totaling over $1.5 million; he earned 129.1% of his target bonus due to exceeding metrics like adjusted EBITDA and revenue. Despite no stock options vesting in 2023, Washington received a significant grant of performance share units (PSUs) valued at $4.5 million, which align his interests with those of Gentherm's investors. This compensation package reflects a modern approach to executive pay, aiming not just to attract and retain talent but also to align investors and executive interests through performance incentives.

Year

2023

Total Compensation

$2.89M

Salary

$971.00K

Board 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

$1.57M

Board Justification

Earned 129.1% of target bonus based on performance metrics including Adjusted EBITDA and Revenue for 2023.

Other

$351.40K

Board Justification

Includes contributions to the Deferred Compensation Plan and other benefits.

Restricted Stock

$0.00(0 RSU)

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.