Alexander KarpAlexander Karp earned $1B in 2024

In 2022, Scott C. Donnelly earned $16.48M in total compensation at Textron, including $1.28M salary, $2.70M bonus and $12.33M in stock. Most recently acquired 2,165 shares in Apr 2024. Currently holds stock worth $64.39M. Has led Textron for over 16 years.

Compensation History

Annual executive compensation data for Scott C. Donnelly, including salary, bonuses, and stock awards.

Year

2022

Total Compensation

$16.48M

Salary

$1.28M

Bonus

$2.70M

Other

$160.67K

Salary

$1.28M

Board Justification

Textron’s compensation philosophy is to establish target total direct compensation with reference to a talent peer group median and to tie a substantial portion of our executives’ compensation to performance against objective business metrics and stock price performance.

Bonus

$2.70M

Board Justification

Annual incentive compensation earned under Textron’s annual incentive compensation program based on performance metrics for 2022.

Other Compensation

$160.67K

Board Justification

Includes contributions to retirement plans, Spillover Savings Plan contributions, and perquisites such as personal travel on corporate aircraft.

Restricted Stock

$12.33M174.13K PSU

Board Justification

Performance share units (PSUs) that vested in 2022 based on performance metrics for the 2020-2022 cycle.

Performance Metrics

Annual incentive compensation based on profitability, manufacturing cash flow, and hiring diversity metrics.

T

Scott C. Donnelly

CEO of Textron

Education

Bachelor's degree in Mechanical Engineering from the University of Michigan and an MBA from the University of Michigan's Ross School of Business

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1969 - 56 years ago

CEO of Textron for

16 years 0 months (Dec 2009 - Present)

Previous Experience

Chief Operating Officer of Textron Inc.

Holdings

Track Scott C. Donnelly's stock holdings and portfolio value over time.

Total Stock Sold

$125.46M

TXT

$125.46M

1,940,067 TXT shares

What if they kept their stock?

If Scott C. Donnelly didn't sell their stock, today they would have:
Extra TXT1,940,067 shares worth $161.94M.
This is 29.08% and $36.48M more than what they got when they sold the stock.

Insider Trading

Scott C. Donnelly's recent stock transactions, purchases, and sales filed with the SEC.

MDT

$175.06K

MDT at $80.86/share

Apr 29, 2024

Received

TXT

76,100 shares

TXT

Mar 1, 2024

Received

TXT

$37.42M

TXT at $86.40/share

Feb 14, 2024

Sale

MDT

$175.01K

MDT at $90.68/share

May 1, 2023

Received

TXT

46,002 shares

TXT

Mar 1, 2023

Received

TXT

44,583 shares

TXT

Mar 1, 2023

Received

TXT

$16.38M

TXT at $73.67/share

Feb 21, 2023

Sale

MDT

1,697 shares

MDT

May 2, 2022

Received

TXT

38,997 shares

TXT

Mar 1, 2022

Received

TXT

$16.77M

TXT at $68.96/share

Feb 22, 2022

Sale

Rivals

Compare Scott C. Donnelly with competitor CEOs and industry peers.