Sundar PichaiSundar Pichai earned $164M in 2023

Michael A. Bless served as the President and CEO of Century Aluminum from 2012 until 2021, after joining the company as Chief Financial Officer in 2006. He led the company through challenging times and was known for focusing on operational...

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Michael A. Bless

CEO of Century Aluminum

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Basic Materials

Born

January 1, 1966 - 59 years ago

CEO of Century Aluminum for

13 years 7 months (Nov 2011 - Present)

Previous Experience

Executive Vice President and Chief Financial Officer of Century Aluminum

Holdings

See how much did Michael A. Bless make over time.

Throughout his time at Century Aluminum, Michael A. Bless managed a complicated portfolio of company shares, which were a significant part of his net worth. At his peak, Bless had a vested interest in 83,080 shares valued at approximately $869,017...

Total Stock Sold

$7.43M

CENX

$7.43M

696,777 CENX shares

What if they kept their stock?

If Michael A. Bless didn't sell their stock, today they would have:
Extra CENX696,777 shares worth $4.70M.
This is -36.82% and $2.74M less than what they got when they sold the stock.

Charitable Transactions

CENX

9,100 shares

CENX

Recent Charitable Transactions

CENX

1,100 shares

CENX

Mar 16, 2018

Charity

CENX

8,000 shares

CENX

Apr 28, 2017

Charity

Insider Trading

See recent insider trades of Michael A. Bless.

CENX

$264.30K

CENX at $17.62/share

Mar 3, 2021

Sale

CENX

$669.38K

CENX at $15.75/share

Mar 1, 2021

Sale

CENX

$824.27K

CENX at $14.99/share

Feb 24, 2021

Sale

CENX

$179.25K

CENX at $14.34/share

Feb 22, 2021

Sale

CENX

243,121 shares

CENX

Dec 31, 2020

Received

CENX

$112.70K

CENX at $11.27/share

Dec 17, 2020

Sale

CENX

$161.40K

CENX at $10.76/share

Dec 15, 2020

Sale

CENX

$450.89K

CENX at $11.73/share

Dec 9, 2020

Sale

Compensation History

See how much did Michael A. Bless make over time.

Michael A. Bless's compensation reflected his evolving role and the company's performance over the years. In 2021, his total pay was $4.2 million, primarily consisting of a salary of $622,962 and additional benefits, but no bonuses or stock awards, marking a significant decline from previous years like 2016 when he earned over $5.2 million. Interestingly, in 2020, his pay included a notable bonus of $615,600, linked to corporate performance metrics, showcasing the volatile nature of executive compensation based on company success. The lack of bonuses and stock awards in his final year pointed to a strategic shift as he approached retirement. Throughout his role, Bless’s compensation was designed to attract and retain talent while ensuring that executives' interests aligned with shareowner value, although practical changes towards the end of his tenure significantly influenced his earnings structure.

Year

2021

Total Compensation

$771.59K

Salary

$622.96K

Board Justification

The compensation philosophy aims to attract, retain, and motivate talented executives while aligning their interests with long-term stockholder value.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2021.

Other

$148.63K

Board Justification

Other compensation includes contributions under the Company’s Restoration Plan and 401(k) plan.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2021 as all stock awards were forfeited upon retirement.

Performance Metrics

Performance metrics included financial, safety, and operational targets.

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