Sundar PichaiSundar Pichai earned $164M in 2023

Phillip Theodore served as the President of Resideo Technologies, Inc., where he played a key role in overseeing the Products and Solutions segment. He holds a Bachelor's degree in Electrical Engineering from the University of Michigan and has a strong...

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Phillip Theodore

Ex-CEO of Resideo Technologies, Inc.

Education

Bachelor's degree in Electrical Engineering from the University of Michigan

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

May 15, 1969 - 56 years ago

CEO of Resideo Technologies, Inc. for

6 years 1 month (Oct 2017 - Dec 2023)

Previous Experience

President, Products & Solutions at Resideo Technologies, Inc.

Holdings

See how much did Phillip Theodore make over time.

Phillip Theodore had significant holdings in Resideo Technologies, Inc., reflecting strong confidence in the company. His equity compensation included Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) linked to company performance. In 2022, the total value of his vested...

Mar 18, 2025

Total Stock Sold

$331.40K

REZI

$331.40K

20,000 REZI shares

What if they kept their stock?

If Phillip Theodore didn't sell their stock, today they would have:
Extra REZI20,000 shares worth $174.60K.
This is -47.31% and $156.80K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Phillip Theodore.

REZI

$329.00K

REZI at $16.45/share

Nov 16, 2023

Sale

REZI

111,018 shares

REZI

Feb 14, 2023

Received

REZI

45,155 shares

REZI

Feb 9, 2022

Received

Compensation History

See how much did Phillip Theodore make over time.

In 2023, Phillip Theodore's total compensation reached $4,150,874. This was made up of a base salary of $569,250 and various bonuses based on company performance. His bonus structure included a target incentive that aimed for 100% of his salary, showcasing how performance metrics such as net revenue and operating margins directly impact his earnings. Additionally, he received significant RSU awards valued over $1 million, designed to vest over time conditioned on performance metrics. This compensation package is aimed to align Theodore's interests with those of the shareholders, aiming to drive growth and stabilize the company's future. His pay reflects the emphasis on performance-based rewards that encourage leaders to focus on long-term success.

Year

2023

Total Compensation

$2.42M

Salary

$569.25K

Board Justification

The compensation philosophy focuses on aligning executive compensation with company performance and shareholder interests, utilizing both short-term and long-term incentives to drive growth and retention.

Bonus

$688.79K

Board Justification

Target annual incentive compensation opportunity equal to 100% of his annual base salary, based on performance metrics tied to the Products and Solutions segment and Resideo's consolidated results.

Other

$63.81K

Board Justification

Includes costs for executive healthcare services and commuting expenses reimbursed by the Company.

Restricted Stock

$1.10M(57.8K RSU)

Board Justification

RSUs granted on February 14, 2023, vesting in equal installments over three years, with the first installment vesting in 2023.

Performance Metrics

Performance metrics for 2023 included net revenue, operating income margin, and cash flow from operating activities.

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