In 2022, Michael J. Schmidtlein earned $2.36M in total compensation at EnerSys, including $1.04M salary and $1.32M bonus. Most recently acquired 89 shares in Mar 2022. Currently holds stock worth $42.53M. Led EnerSys as CEO for 6 years.
Compensation History
Annual executive compensation data for Michael J. Schmidtlein, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$2.36M
Salary
$1.04M
Bonus
$1.32M
Other
$0.00
Salary
$1.04MBoard Justification
The compensation philosophy aligns executive pay with company performance, emphasizing at-risk pay and long-term incentives to drive shareholder value.
Bonus
$1.32MBoard Justification
The bonus is based on the Management Incentive Plan (MIP) which measures operating earnings, primary operating capital, and non-financial transformational quantitative goals, resulting in a payout of 127.2% of target for fiscal year 2023.
Other Compensation
$0.00Board Justification
No additional compensation was reported outside of salary and bonus for the year.
Restricted Stock
Board Justification
No stock was vested in 2022 as the focus is on cash compensation and performance-based bonuses for the year.
Performance Metrics
The performance metrics for determining the CEO's compensation include operating earnings, primary operating capital, and non-financial transformational quantitative goals.
Michael J. Schmidtlein
Ex-CEO of EnerSys
Education
Bachelor of Science in Accounting from the University of Delaware
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Industrials
Born
June 16, 1968 - 57 years ago
CEO of EnerSys for
6 years 11 months (Apr 2015 - Mar 2022)
Previous Experience
Chief Financial Officer at EnerSys
Holdings
Track Michael J. Schmidtlein's stock holdings and portfolio value over time.
Total Stock Sold
$4.00M
$4.00M
62,286.895 ENS shares
What if they kept their stock?
If Michael J. Schmidtlein didn't sell their stock, today they would have:
Extra ENS62,286.895 shares worth $9.12M.
This is 128.03% and $5.12M more than what they got when they sold the stock.
Insider Trading
Michael J. Schmidtlein's recent stock transactions, purchases, and sales filed with the SEC.
88.943 shares
ENS
Mar 25, 2022
Received
87.182 shares
ENS
Dec 31, 2021
Received
81.513 shares
ENS
Sep 24, 2021
Received
7,485 shares
ENS
Aug 16, 2021
Received
158 shares
ENS
Aug 13, 2021
Received
67.043 shares
ENS
Jun 25, 2021
Received
72.894 shares
ENS
Mar 26, 2021
Received
88.261 shares
ENS
Dec 31, 2020
Received
109.688 shares
ENS
Sep 25, 2020
Received
8,754 shares
ENS
Aug 17, 2020
Received
Rivals
Compare Michael J. Schmidtlein with competitor CEOs and industry peers.
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$3.25M
Salary
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Bonus
$2.00M
Other
$207.19K
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Bonus
$231.00K
Other
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$4.05M
Andrew R. Schlossberg
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2023 Compensation
Stock
$0.00
Salary
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Bonus
$2.80M
Other
$115.60K
Total Holdings
$44.31M
Nicholas Fanandakis
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2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$158.98K
Total Holdings
$3.19M