Sundar PichaiSundar Pichai earned $164M in 2023

Thomas Surran is the current President of Products & Solutions at Resideo Technologies, Inc., having taken over the role on December 5, 2023. His appointment reflects the company's strategy to enhance leadership during a time of transformation. Prior to this,...

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Thomas Surran

CEO of Resideo Technologies, Inc.

Sector of Economy

Industrials

CEO of Resideo Technologies, Inc. for

1 year 5 months (Dec 2023 - Present)

Previous Experience

Unknown

Holdings

See how much did Thomas Surran make over time.

Thomas Surran has an intriguing relationship with Resideo Technologies' stock. As of 2023, he was granted 8 million restricted stock units (RSUs) as part of a long-term incentive plan. However, the vested value of his stock awards for the year...

Mar 17, 2025

Insider Trading

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REZI

58,788 shares

REZI

Feb 5, 2024

Received

REZI

29,568 shares

REZI

Dec 5, 2023

Received

Compensation History

See how much did Thomas Surran make over time.

In 2023, Thomas Surran's total compensation was roughly $2.9 million, primarily composed of a base salary of about $1.067 million and a sizable annual performance bonus of approximately $1.854 million. This bonus is linked to critical financial metrics, including net revenue and operating income margins – showcasing that Resideo places a strong emphasis on performance-driven incentives. Along with this, he received 800,000 shares of RSUs as part of the long-term incentive plan, which underscores the company's intention to align executive compensation with long-term shareholder interests and attract top talent. However, there were no stock options exercised during this period, indicating a focus on long-term stability rather than short-term gains.

Year

2023

Total Compensation

$2.93M

Salary

$1.07M

Board Justification

The compensation philosophy emphasizes competitive pay levels, alignment with shareholder interests, and performance-driven incentives to attract and retain top executive talent.

Bonus

$1.85M

Board Justification

The annual incentive cash award is based on the achievement of financial performance metrics including net revenue, operating income margin, and cash flow from operating activities for the year 2023.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonus, and vested stock for the year 2023.

Restricted Stock

$4.97K(284.71K RSU)

Board Justification

The stock awards that vested in 2023 include restricted stock units (RSUs) and performance stock units (PSUs) that were earned based on performance metrics and vested during the fiscal year.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included net revenue, operating income margin, and cash flow from operating activities.

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