In 2009, Selim A. Bassoul earned $4.55M in total compensation at Middleby, including $1.00M salary and $3.50M bonus. Most recently acquired 118,899 shares in Mar 2017. Currently holds stock worth $83.34M. Has donated $24.20M in stock to charitable causes. Led Middleby as CEO for 14 years.
Compensation History
Annual executive compensation data for Selim A. Bassoul, including salary, bonuses, and stock awards.
Year
2009
Total Compensation
$4.55M
Salary
$1.00M
Bonus
$3.50M
Other
$48.32K
Salary
$1.00MBoard Justification
The compensation program is designed to attract and retain executive talent, link compensation with performance, and align executive interests with stockholder interests.
Bonus
$3.50MBoard Justification
The bonus awarded to Mr. Bassoul in respect of 2009 performance under the Management Incentive Compensation Plan, based on achieving predetermined EBITDA targets.
Other Compensation
$48.32KBoard Justification
Other compensation includes $30,000 in director's fees, $16,151 for a Company-provided automobile, a $1,375 Company contribution to a health savings account, and $796 of Company paid life insurance premiums.
Restricted Stock
Board Justification
No stock was vested in 2009 as the stock grants were subject to performance and time-based vesting requirements and were not fully vested.
Performance Metrics
The performance metrics for the bonus were based on achieving certain levels of EBITDA for the fiscal year.
Selim A. Bassoul
Ex-CEO of Middleby
Education
Bachelor's degree from the University of California, Berkeley
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1960 - 65 years ago
CEO of Middleby for
14 years 1 month (Dec 2004 - Feb 2019)
Previous Experience
Various roles in the food service industry, including at the Middleby Corporation since 2004
Other Middleby CEOs
Holdings
Track Selim A. Bassoul's stock holdings and portfolio value over time.
Total Stock Sold
$182.73M
$182.73M
3,684,524 MIDD shares
What if they kept their stock?
If Selim A. Bassoul didn't sell their stock, today they would have:
Extra MIDD3,684,524 shares worth $472.32M.
This is 158.48% and $289.59M more than what they got when they sold the stock.
Charitable Transactions
188,790 shares
MIDD
Recent Charitable Transactions
62,930 shares
MIDD
Dec 29, 2012
Charity
Insider Trading
Selim A. Bassoul's recent stock transactions, purchases, and sales filed with the SEC.
118,899 shares
MIDD
Mar 13, 2017
Received
$600.34K
MIDD at $150.09/share
Mar 1, 2017
Sale
62,709 shares
MIDD
Mar 17, 2016
Received
$1.12M
MIDD at $111.73/share
May 21, 2015
Sale
$585.47K
MIDD at $109.70/share
May 20, 2015
Sale
$2.86M
MIDD at $109.47/share
May 14, 2015
Sale
74,034 shares
MIDD
Mar 19, 2015
Received
$912.40K
MIDD at $109.40/share
Feb 25, 2015
Sale
$4.56M
MIDD at $108.96/share
Feb 20, 2015
Sale
$478.74K
MIDD at $104.82/share
Feb 17, 2015
Sale
Rivals
Compare Selim A. Bassoul with competitor CEOs and industry peers.
David M. Foulkes
CEO of Brunswick
2023 Compensation
Stock
$0.00
Salary
$1.16M
Bonus
$0.00
Other
$389.62K
Total Holdings
$490.27K
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Tod E. Carpenter
CEO of Donaldson Company
2022 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$1.28M
Other
$182.89K
Total Holdings
$850.82K
Nicholas I. Fink
CEO of Fortune Brands Innovations
2023 Compensation
Stock
$7.31M
Salary
$1.24M
Bonus
$1.97M
Other
$275.23K
Total Holdings
$795.03K
Robert W. Sharps
CEO of T Rowe Price Group
2023 Compensation
Stock
$0.00
Salary
$350.00K
Bonus
$7.30M
Other
$91.83K
Total Holdings
$178.80M
E. Scott Santi
CEO of Illinois Tool Works
2022 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$0.00
Other
$0.00
Total Holdings
$634.58M