Bruce Bodine, the CEO of The Mosaic Company, earns a total yearly compensation of $3.01 million.
Appointed in August 2023, Bruce Bodine's compensation structure at Mosaic comprises a blend of fixed salary and performance-based incentives. This financial package reflects typical executive compensation models, rewarding both tenure and company performance.
Breakdown of CEO Compensation
Mr. Bodine's total compensation is primarily weighted towards bonuses, which often include performance-based incentives like company stock and options, aligning the CEO's interests with shareholder value.
Here's a detailed breakdown:
| Component | Percentage of Total Compensation | Amount (Approximate) |
|---|---|---|
| Salary | 21.2% | $638,120 |
| Bonuses | 78.8% | $2,371,880 |
| Total | 100% | $3,010,000 |
- Salary: This fixed component provides a baseline income.
- Bonuses: Constituting the majority of his compensation, these include various incentives such as company stock awards and stock options. This structure incentivizes long-term growth and strong financial performance.
CEO's Share Ownership in Mosaic
Beyond his direct compensation, Bruce Bodine also holds a significant stake in The Mosaic Company. He directly owns 0.054% of the company's shares. As of the latest available information, the value of these shares is approximately $4.11 million. This ownership further aligns his personal financial success with the company's market performance and profitability.
