William C. Johnson served as the CEO of Chart Industries from July 2016 until June 2018. During his time, he came from a solid background, having been the President and CEO at Dover Refrigeration & Food Equipment before joining Chart....

William C. Johnson served as the CEO of Chart Industries from July 2016 until June 2018. During his time, he came from a solid background, having been the President and CEO at Dover Refrigeration & Food Equipment before joining Chart. His time at Dover included various roles across several manufacturing companies, starting as an Executive Vice President. Johnson was known for aligning executive pay with company performance, emphasizing results rather than just base salaries. In 2017, he earned about $1.53 million, largely from salary and bonuses based on performance metrics like operating income. His departure from Chart was marked as a termination without cause, which led to a significant severance package of over $3.28 million, showcasing the typical deals many CEOs have when they part ways with a company. Johnson's journey reflects a path focused on executive performance and strategic leadership in the manufacturing sector, but he left the company under circumstances that raised eyebrows about corporate governance.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Chart Industries CEOs

C

William C. Johnson

Ex-CEO of Chart Industries

Education

Not specified

Sector of Economy

Industrials

Born

January 1, 1965 - 60 years ago

CEO of Chart Industries for

1 year 10 months (Jul 2016 - Jun 2018)

Previous Experience

President and Chief Executive Officer at Dover Refrigeration & Food Equipment, Inc.; multiple executive positions at Dover

Rivals

Competitors/colleagues of William C. Johnson

Holdings

See how much did William C. Johnson make over time.

As of late 2024, William C. Johnson's insider trading activity has shown considerable fluctuations. In late 2019, his holdings reached a value of approximately $6.80 million. This value experienced some ups and downs, peaking at about $18.78 million in September...

As of late 2024, William C. Johnson's insider trading activity has shown considerable fluctuations. In late 2019, his holdings reached a value of approximately $6.80 million. This value experienced some ups and downs, peaking at about $18.78 million in September 2021. As time progressed through 2023 and into 2024, the value of his holdings saw a decrease, landing at approximately $12.76 million by early 2024. The upward trends in his trading illustrate notable investment returns at his peaks, indicating confidence in Chart Industries during those times, while recent decreases indicate sell-offs or market changes affecting values.

Insider Trading

See recent insider trades of William C. Johnson.

GTLS

13,770 shares

GTLS

Jan 2, 2018

Received

GTLS

12,480 shares

GTLS

Jan 3, 2017

Received

GTLS

19,110 shares

GTLS

Aug 2, 2016

Received

DOV

3,843 shares

DOV

Feb 11, 2016

Received

DOV

3,002 shares

DOV

Feb 12, 2015

Received

DOV

2,424 shares

DOV

Mar 10, 2014

Received

Compensation History

See how much did William C. Johnson make over time.

In his role as CEO, William C. Johnson's compensation varied significantly during his tenure at Chart Industries. In 2016, his total compensation was approximately $1 million, with a sizable portion attributed to bonuses based on performance metrics. By 2017, his earnings jumped to about $1.53 million, fueled by a combination of base salary and performance-based bonuses. However, 2018 was notably different as he received $6 million; this included severance payments after his sudden termination without cause, which made up a large chunk of his final compensation package. The company’s policies emphasized aligning executive pay with company performance, which meant that Johnson's incentives were closely tied to the results achieved by the company. This approach reflects a common practice in corporate governance aimed at ensuring that executive interests align with shareholder value, but also underscores the volatility often found in CEO compensation packages when leadership changes occur.

Year

2018

Total Compensation

$3.69M

Salary

$406.19K

Board Justification

The compensation philosophy aims to align executive pay with company performance and shareholder value, emphasizing performance-based compensation.

Bonus

$0.00

Board Justification

No bonus was awarded for 2018 due to termination without cause.

Other

$3.29M

Board Justification

Includes severance payment and other benefits received upon termination.

Restricted Stock

$0.00(0 RSUs and PSUs)

Board Justification

No stock awards vested in 2018 due to termination without cause.

Performance Metrics

Performance metrics included operating income and working capital efficiency.

Other Chart Industries CEOs

Here are other CEOs of Chart Industries

Jillian C. Evanko

CEO of Chart Industries

June 2018 - Present