Alexander KarpAlexander Karp earned $1B in 2024

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

$1.32M

Board Justification

The compensation philosophy is designed to link executive pay to company performance, with a significant portion of compensation being performance-based.

Bonus

$0.00

Board Justification

No bonus was awarded for 2011 as he resigned as CEO on September 1, 2011.

Other Compensation

$681.95K

Board Justification

Includes matching contributions to retirement plans, imputed income from life insurance, and a perquisite allowance.

Restricted Stock

$8.88M184.33K RSU

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.

L

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

LEA

$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

LEA

9,092 shares

LEA

Recent Charitable Transactions

Insider Trading

Robert E. Rossiter's recent stock transactions, purchases, and sales filed with the SEC.

Rivals

Compare Robert E. Rossiter with competitor CEOs and industry peers.