In 2011, Mike Welch earned $281.61K in total compensation at XPO, primarily from $240.00K salary. Led XPO as CEO for 6 years.
Compensation History
Annual executive compensation data for Mike Welch, including salary, bonuses, and stock awards.
Year
2011
Total Compensation
$281.61K
Salary
$240.00K
Bonus
$0.00
Other
$41.61K
Salary
$240.00KBoard Justification
The company aims to align executive compensation with stockholder interests and performance metrics, ensuring competitive and performance-based pay.
Bonus
$0.00Board Justification
No annual cash incentive bonus was earned for 2011 due to separation from the company prior to year-end.
Other Compensation
$41.61KBoard Justification
Includes reimbursement for country club membership and other personal benefits.
Restricted Stock
Board Justification
No stock awards vested in 2011 as the stock options granted were forfeited upon separation.
Performance Metrics
Performance metrics for determining compensation were not applicable for Mr. Welch in 2011 due to his separation from the company.
Mike Welch
Founder and Ex-CEO of XPO
Education
Bachelor's degree in Accounting from Nazareth College
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1960 - 65 years ago
CEO of XPO for
6 years 2 months (Jul 2005 - Sep 2011)
Previous Experience
CEO of Express-1, Inc.
Other XPO CEOs
Holdings
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Insider Trading
Mike Welch's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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