Alcoa's CEO, Bill Oplinger, receives an annual total compensation of $4.71 million.
Understanding Alcoa CEO Compensation
Bill Oplinger was appointed as the Chief Executive Officer of Alcoa in September 2023. His compensation package is structured to include both a base salary and performance-based incentives.
Compensation Breakdown
The total yearly compensation for Alcoa's CEO is primarily composed of bonuses, reflecting a common practice in executive pay to align leadership incentives with company performance.
Component | Percentage of Total Compensation |
---|---|
Salary | 18.3% |
Bonuses (including company stock and options) | 81.7% |
Total Yearly Compensation | $4.71 million |
This structure means a significant portion of his earnings is tied to the company's success and stock performance, which includes company stock and options.
Share Ownership
In addition to his compensation, Bill Oplinger also holds a direct ownership stake in Alcoa Corporation. He directly owns 0.082% of the company's shares. This direct stake is currently valued at approximately $8.14 million, further aligning his personal financial interests with the long-term value creation for Alcoa shareholders.
For more information regarding Alcoa's leadership team and financial performance, you can explore public company data and management analyses.