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Kevin M. Olsen is the CEO of Dorman Products, Inc., a role he took on in January 2019 after joining the company in 2016 as the Chief Financial Officer. His career before Dorman includes significant roles in various companies, including...

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Kevin M. Olsen

CEO of Dorman Products

Education

Bachelor's degree in Accounting

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Cyclical

Born

January 1, 1971 - 54 years ago

CEO of Dorman Products for

6 years 4 months (Jan 2019 - Present)

Previous Experience

Chief Financial Officer at Colfax Fluid Handling

Rivals

Competitors/colleagues of Kevin M. Olsen

Holdings

See how much did Kevin M. Olsen make over time.

Kevin Olsen's holdings in Dorman Products reflect a vested interest in the company's performance. While specific data on exact stock holdings wasn't provided, his leadership role suggests he likely holds a substantial amount of company stock. His net worth saw...

Mar 18, 2025

Insider Trading

See recent insider trades of Kevin M. Olsen.

DORM

18,790 shares

DORM

Mar 2, 2024

Received

DORM

6,573 shares

DORM

Mar 2, 2023

Received

DORM

5,587 shares

DORM

Feb 22, 2023

Received

DORM

7,114 shares

DORM

Mar 6, 2022

Received

DORM

4,669 shares

DORM

Mar 2, 2022

Received

DORM

3,160 shares

DORM

Mar 2, 2021

Received

DORM

3,256 shares

DORM

Mar 2, 2020

Received

DORM

7,466 shares

DORM

Mar 6, 2019

Received

DORM

9,750 shares

DORM

Jun 13, 2016

Received

Compensation History

See how much did Kevin M. Olsen make over time.

In 2023, Kevin M. Olsen received a total compensation of $1,500,614. This included a base salary of $884,513 and an annual performance-based bonus of $603,000, which was impacted by Dorman's fiscal performance metrics and a target bonus of $900,000. Unlike many executives, he did not vest in any stock options in 2023, as the company focused its compensation structure on future performance metrics rather than immediate stock payouts. Other compensation categories contributed another $44,101, which included benefits like 401(k) contributions and insurance premiums. In the previous year, he earned $1,120,565, showcasing an upward trend in compensation as the company performed better. His pay strategy reflects a clear alignment with Dorman’s financial performance, a critical aspect as he leads the company into future growth phases.

Year

2023

Total Compensation

$1.53M

Salary

$884.51K

Board Justification

The compensation philosophy is designed to align executive interests with shareholder value, focusing on performance-based incentives tied to financial metrics.

Bonus

$603.00K

Board Justification

Annual performance-based cash bonuses based on fiscal 2023 financial performance metrics, with a target of $900,000 and actual payout of 67%.

Other

$44.10K

Board Justification

Includes discretionary contributions to the 401(k) plan, life insurance premiums, and disability insurance premiums.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus was on performance-based stock units that are tied to future performance metrics.

Performance Metrics

Annual cash bonuses based on consolidated adjusted pre-tax income, net sales, and free cash flow as a percentage of net income.

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