In 2011, Robert E. Rossiter earned $10.88M in total compensation at Lear Corporation, including $1.32M salary and $8.88M in stock. Most recently sold 9,093 shares in Jun 2011. Has donated $979.94K in stock to charitable causes. Has led Lear Corporation for over 18 years.
Compensation History
Annual executive compensation data for Robert E. Rossiter, including salary, bonuses, and stock awards.
Year
2011
Total Compensation
$10.88M
Salary
$1.32M
Bonus
$0.00
Other
$681.95K
Salary
$1.32MBoard Justification
The compensation philosophy is designed to link executive pay to company performance, with a significant portion of compensation being performance-based.
Bonus
$0.00Board Justification
No bonus was awarded for 2011 as he resigned as CEO on September 1, 2011.
Other Compensation
$681.95KBoard Justification
Includes matching contributions to retirement plans, imputed income from life insurance, and a perquisite allowance.
Restricted Stock
Board Justification
This amount reflects vested RSUs that were granted on November 9, 2009 pursuant to the LTSIP and includes total dividend equivalents of $42,562.
Performance Metrics
The performance metrics for determining compensation included Adjusted Operating Income and Free Cash Flow.
Robert E. Rossiter
CEO of Lear Corporation
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
CEO of Lear Corporation for
18 years 3 months (Aug 2007 - Present)
Previous Experience
Unknown
Holdings
Track Robert E. Rossiter's stock holdings and portfolio value over time.
Total Stock Sold
$2.83M
$2.83M
54,517 LEA shares
What if they kept their stock?
If Robert E. Rossiter didn't sell their stock, today they would have:
Extra LEA54,517 shares worth $5.88M.
This is 107.29% and $3.04M more than what they got when they sold the stock.
Charitable Transactions
9,092 shares
LEA
Recent Charitable Transactions
Insider Trading
Robert E. Rossiter's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
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Kevin P. Clark
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$19.78M
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$0.00
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Bonus
$0.00
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