In 2023, Richard L. Gelfond earned $8.12M in total compensation at Imax, including $1.20M salary, $1.95M bonus and $4.97M in stock. Most recently acquired 164,062 shares in Mar 2024. Currently holds stock worth $20.62M. Has donated $4.16M in stock to charitable causes. Has led Imax for over 16 years.
Compensation History
Annual executive compensation data for Richard L. Gelfond, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$8.12M
Salary
$1.20M
Bonus
$1.95M
Other
$0.00
Salary
$1.20MBoard Justification
The compensation philosophy emphasizes a pay-for-performance culture that aligns executive compensation with company performance, shareholder interests, and retention strategies. The compensation structure includes a significant portion tied to performance metrics.
Bonus
$1.95MBoard Justification
The annual cash bonus is assessed based on a formulaic component (80% of the bonus) and a discretionary component (20% of the bonus) based on the CEO's individual performance. The formulaic component payout was 153.6% of target, resulting in a total cash bonus of $1,954,520 for 2023.
Other Compensation
$0.00Board Justification
No additional compensation reported outside of salary, bonus, and vested stock.
Restricted Stock
Board Justification
300,397 shares of stock awards vested in 2023, including 96,098 RSUs and 140,825 PSUs that converted to Common Shares on specified dates.
Performance Metrics
Key performance metrics for 2023 included IMAX Global Box Office, Free Cash Flow, Installations, Signings, Adjusted EPS, and Adjusted EBITDA Margin.
Richard L. Gelfond
CEO of Imax
Education
Bachelor's degree from Stony Brook University and a J.D. from Northwestern University School of Law
Field of Expertise
Business & Management
Sector of Economy
Communication Services
Born
December 1, 1956 - 69 years ago
CEO of Imax for
16 years 8 months (Apr 2009 - Present)
Previous Experience
Co-Chairman of IMAX Corporation
Holdings
Track Richard L. Gelfond's stock holdings and portfolio value over time.
Total Stock Sold
$64.26M
$64.26M
2,357,293 IMAX shares
What if they kept their stock?
If Richard L. Gelfond didn't sell their stock, today they would have:
Extra IMAX2,357,293 shares worth $84.18M.
This is 30.99% and $19.91M more than what they got when they sold the stock.
Charitable Transactions
116,525 shares
IMAX
Recent Charitable Transactions
10,000 shares
IMAX
Aug 30, 2024
Charity
15,000 shares
IMAX
Nov 15, 2022
Charity
10,000 shares
IMAX
Mar 8, 2021
Charity
10,000 shares
IMAX
Nov 1, 2019
Charity
12,525 shares
IMAX
Sep 13, 2018
Charity
8,000 shares
IMAX
Apr 24, 2017
Charity
Insider Trading
Richard L. Gelfond's recent stock transactions, purchases, and sales filed with the SEC.
10,000 shares
IMAX
Aug 30, 2024
Charity
164,062 shares
IMAX
Mar 7, 2024
Received
$2.09M
IMAX at $20.95/share
May 1, 2023
Sale
140,852 shares
IMAX
Mar 7, 2023
Received
15,000 shares
IMAX
Nov 15, 2022
Charity
10,000 shares
IMAX
Mar 8, 2021
Charity
$196.29K
IMAX at $7.85/share
Mar 17, 2020
Purchase
10,000 shares
IMAX
Nov 1, 2019
Charity
$173.92K
IMAX at $20.74/share
Sep 1, 2019
Sale
$211.74K
IMAX at $24.48/share
May 1, 2019
Sale
Rivals
Compare Richard L. Gelfond with competitor CEOs and industry peers.