Charles Woodburn, the Chief Executive Officer of BAE Systems, receives a total yearly compensation of £13.45 million. This substantial figure includes his base salary and a significant portion from bonuses, which often comprise company stock and options.
Understanding the CEO's Compensation Structure
Charles Woodburn, who took on the role of CEO in July 2017 and has served for approximately 7.42 years, has a compensation package heavily weighted towards performance-based incentives. His total compensation is broken down into two main components:
- Salary: A smaller portion of his overall earnings.
- Bonuses: The vast majority, reflecting performance incentives, company stock, and options.
The detailed breakdown of his yearly compensation is as follows:
Component | Percentage of Total Compensation |
---|---|
Salary | 8.8% |
Bonuses | 91.2% |
This structure is common for executives in large corporations, aiming to align the CEO's interests with the company's long-term performance and shareholder value.
Share Ownership in BAE Systems
Beyond his direct compensation, Charles Woodburn also holds a direct stake in BAE Systems. He owns 0.03% of the company's shares, which are valued at approximately £10.28 million. This personal investment further aligns his financial success with the company's market performance.
For more insights into BAE Systems' leadership and financial details, you can explore investor relations pages and financial analysis platforms like Simply Wall St.