Sundar PichaiSundar Pichai earned $164M in 2023
G

Rich Williams

Ex-CEO of Groupon, Inc.

Field of Expertise

Sales & Marketing - Marketing

Economy Sector

Communication Services

Tenure

4 years 4 months (Nov 2015 - Mar 2020)

Previous Experience

Unknown

Rich Williams served as the CEO of Groupon, Inc. from November 2015 to March 2020. He started at Groupon as the President of North America and was promoted to CEO after just a brief period, showing his effectiveness and leadership...

Year

2020

Total Compensation

$7.85M

Salary

$850.00K

Board Justification

The compensation philosophy focuses on attracting and retaining talented leaders while aligning compensation with company performance and market benchmarks.

Bonus

$0.00

Board Justification

The guaranteed cash bonus was not applicable to Mr. Williams as he was not part of the 2020 ABP due to his termination in June 2020.

Other

$893.36K

Board Justification

This includes severance payment of $850,000, COBRA payments of $38,107, and other benefits.

Restricted Stock

$6.11M(107.87K RSU)

Board Justification

The RSUs granted to Mr. Williams were to vest over a period of years, but upon his termination, 21,573 shares were accelerated to vest on May 20, 2021, with the remainder forfeited.

Performance Metrics

The performance metrics for compensation were not applicable to Mr. Williams due to his termination before the end of the performance period.