Sundar PichaiSundar Pichai earned $164M in 2023

Robert D. Kamphuis served as the CEO of Mayville Engineering Company, Inc. (MEC) from December 2018 until his retirement in September 2022. With a Bachelor's Degree in Business Administration and expertise in management, Kamphuis has effectively led MEC through significant...

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Robert D. Kamphuis

Ex-CEO of Mayville Engineering

Education

Bachelor's Degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1959 - 66 years ago

CEO of Mayville Engineering for

3 years 9 months (Dec 2018 - Sep 2022)

Previous Experience

President and CEO of Mayville Engineering Company, Inc.

Rivals

Competitors/colleagues of Robert D. Kamphuis

Holdings

See how much did Robert D. Kamphuis make over time.

During his time as CEO of Mayville Engineering, Kamphuis held a substantial amount of stock, with his holdings fluctuating significantly over the years. At his peak in early 2021, his stock holdings were valued at approximately $11.43 million, showcasing the...

Insider Trading

See recent insider trades of Robert D. Kamphuis.

MEC

$163.16K

MEC at $16.32/share

May 6, 2021

Purchase

MEC

$165.00K

MEC at $5.50/share

Mar 12, 2020

Purchase

MEC

$175.80K

MEC at $8.79/share

Oct 30, 2019

Purchase

MEC

$181.35K

MEC at $12.09/share

Aug 8, 2019

Purchase

MEC

$472.39K

MEC at $13.71/share

Jun 12, 2019

Purchase

Compensation History

See how much did Robert D. Kamphuis make over time.

In 2022, Kamphuis's total compensation includes a base salary of $572,316 and a bonus of $843,750, totaling $1,416,066. His compensation in 2021 was significantly higher, at $3,648,201, which included a substantial bonus tied to performance metrics such as Return on Net Capital Employed (RONCE) and Adjusted EBITDA. His salary showed a steady increase, demonstrating a direct link between his performance and the company's success. Notably, his compensation structure was heavily performance-based, aligning his financial interests with those of the shareholders. With no stock awards vested in 2022 due to his retirement, the focus on cash bonuses reflects his ability to drive the company’s performance until his departure. This approach allowed him to earn competitive compensation that rewarded him for MEC's success during his tenure.

Year

2022

Total Compensation

$1.42M

Salary

$572.32K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, ensuring competitive compensation for executive officers.

Bonus

$843.75K

Board Justification

The annual cash bonus was paid at the target level based on performance measures established by the Compensation Committee, which included company performance measures and individual performance measures.

Other

$0.00

Board Justification

Restricted Stock

$0.00(0 )

Board Justification

No stock awards were vested in 2022 as Mr. Kamphuis forfeited his unvested equity-based awards upon retirement.

Performance Metrics

Performance metrics included Return on Net Capital Employed (RONCE) and Adjusted EBITDA, with individual performance assessed on a discretionary basis.

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