HomeExecutive Compensation

In recent years, Coherent, Inc


Posted: 12/16/2024 03:45 am


For the fiscal year 2024, James R. Anderson, associated with Coherent, Inc., received a total compensation package of $101,497,0091. Despite maintaining a relatively modest base salary of $81,538, Anderson's compensation was primarily driven by a substantial stock award valued at $100,915,375. This compensation structure underscores a market trend emphasizing equity-based incentives to align executive interests with shareholder value, notwithstanding the absence of bonuses and incentive plan compensation in his package.

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In comparison, the 2022 fiscal year saw Vincent D. Mattera Jr., the Chief Executive Officer, earning a total compensation of $10,727,9192. With a higher base salary of $980,000 and a significant stock award totalling $6,800,471, Mattera’s compensation underscores Coherent's strategy of integrating competitive equity awards. The inclusion of incentive plan compensation amounting to $2,174,791 further illustrates the company’s focus on performance-linked pay during that period.

The year 2021 presented a slightly different picture, with Mattera's compensation set at $10,459,5363. His package involved a base salary of $950,833 and a stock award of $5,611,783 combined with a notable incentive plan compensation of $3,375,706. The data from these years highlight an evolving compensation landscape within Coherent, shifting gradually towards stock-driven incentives and away from traditional cash bonuses.

As of the latest financial update, Coherent's stock price stands at $106.644. The company has experienced a year-high of $113.6 and a year-low of $40.12, indicating substantial volatility in its market performance. With a market capitalization of over $16 billion and earnings per share (EPS) at -1.23, the firm appears to be navigating a challenging financial environment as evidenced by its negative price-to-earnings (PE) ratio. These financial pressures might explain the heavy reliance on long-term stock awards in executive compensation, incentivizing leadership to drive the company back to profitability.

In conclusion, Coherent’s executive compensation strategies, characterized by significant stock awards, reflect a broader industry trend of aligning corporate governance with shareholder interests amidst financial uncertainties. As investors keep a close watch on market trends and performance metrics, Coherent’s leadership incentivized through equity-based rewards may influence strategic decisions aimed at enhancing company value.

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1. SEC EDGAR, Coherent 2024 Compensation Data: [Link](https://www.sec.gov/Archives/edgar/data/820318/000119312524232597/0001193125-24-232597-index.htm)
2. SEC EDGAR, Coherent 2022 Compensation Data: [Link](https://www.sec.gov/Archives/edgar/data/820318/000119312523246425/0001193125-23-246425-index.htm)
3. SEC EDGAR, Coherent 2021 Compensation Data: [Link](https://www.sec.gov/Archives/edgar/data/820318/000119312522258711/0001193125-22-258711-index.htm)
4. Coherent, Inc. Market Snapshot: [Link not available]


 

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