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Logan Kruger was the CEO of Century Aluminum from 2005 to 2011, bringing over three decades of experience in the metals and mining industry. He stepped into the top role when he took over from Craig A. Davis, who retired...

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Logan Kruger

Ex-CEO of Century Aluminum

Education

Not specified

Sector of Economy

Basic Materials

Born

January 1, 1950 - 75 years ago

CEO of Century Aluminum for

5 years 11 months (Dec 2005 - Nov 2011)

Previous Experience

President, Asia/Pacific for Inco Limited

Holdings

See how much did Logan Kruger make over time.

During his time as CEO of Century Aluminum, Logan Kruger had significant holdings in the company. By the end of his tenure in 2011, his stock awards had vested, bringing notable value—specifically 85,075 shares worth approximately $1.32 million. His wealth...

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CENX

48,121 shares

CENX

Mar 22, 2011

Received

Compensation History

See how much did Logan Kruger make over time.

Logan Kruger had an interesting compensation package during his time as CEO of Century Aluminum. In his last year, 2011, he earned a total of around $4.5 million, which included a salary of $783,463 and significant stock awards worth over $1.32 million. Prior years showed that his earnings fluctuated widely; for instance, in 2007, he peaked at about $6.2 million, thanks to a bonus that was determined by the company's performance metrics. His total pay generally aimed to align with company success and shareholder interests, making sure that the management team was motivated. The compensation plans were designed to attract and retain top leadership talent, and it paid off during his leadership, as evidenced by robust performance incentives. Ultimately, the structure reflected a strong belief in the connection between executive success and the overall health of the company.

Year

2011

Total Compensation

$2.15M

Salary

$783.46K

Board Justification

The compensation programs are designed to attract, retain, and motivate talented executives while aligning management’s interests with stockholder value.

Bonus

$0.00

Board Justification

No discretionary bonuses were paid to the named executive officers in 2011.

Other

$49.51K

Board Justification

Includes $34,423 for unused vacation upon resignation and 401(k) match of $12,250.

Restricted Stock

$1.32M(85.08K common stock)

Board Justification

Shares received pursuant to the Long-Term Incentive Program for the 2009-2010 Performance Program Period, which vested on January 1, 2011.

Performance Metrics

Performance metrics included cost management, production targets, and safety improvements.

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