In 2011, Robert J. Gillette earned $1.60M in total compensation at First Solar, including $450.00K salary, $300.00K bonus and $800.00K in stock. Most recently sold 1,142,961 shares in Aug 2017. Currently holds stock worth $672.68K. Led First Solar as CEO for 1 years.
Compensation History
Annual executive compensation data for Robert J. Gillette, including salary, bonuses, and stock awards.
Year
2011
Total Compensation
$1.60M
Salary
$450.00K
Bonus
$300.00K
Other
$50.00K
Salary
$450.00KBoard Justification
The compensation philosophy focuses on aligning executive pay with company performance, using peer benchmarking to ensure competitiveness and retention of key executives.
Bonus
$300.00KBoard Justification
The bonus is based on the company's performance metrics including revenue growth and operational efficiency for the year 2011.
Other Compensation
$50.00KBoard Justification
Other compensation includes retirement contributions and health benefits paid out in 2011.
Restricted Stock
Board Justification
The stock that vested in 2011 was part of a long-term incentive plan that rewards performance over a three-year period, with vesting occurring upon achievement of specified performance targets.
Performance Metrics
The performance metrics include revenue targets, operational efficiency, and overall company profitability.
Robert J. Gillette
Ex-CEO of First Solar
Education
Bachelor of Science in Finance from Indiana University
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Energy
Born
January 1, 1961 - 64 years ago
CEO of First Solar for
1 year 5 months (Oct 2009 - Mar 2011)
Previous Experience
President and Chief Executive Officer of Honeywell Aerospace
Holdings
Track Robert J. Gillette's stock holdings and portfolio value over time.
Insider Trading
Robert J. Gillette's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
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