Michael K. Simonte

2021

In 2021, Michael K. Simonte earned a total compensation of $5.2M as President at American Axle & Manufacturing Holdings, a 24% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$1,937,775
Salary$750,000
Stock Awards$2,025,088
Other$505,790
Total$5,218,653

Simonte received $2M in stock awards, accounting for 39% of the total pay in 2021.

Simonte also received $1.9M in non-equity incentive plan, $750K in salary and $505.8K in other compensation.

Rankings

In 2021, Michael K. Simonte's compensation ranked 2,486th out of 12,415 executives tracked by ExecPay. In other words, Simonte earned more than 80.0% of executives.

ClassificationRankingPercentile
All
2,486
out of 12,415
80th
Division
Manufacturing
987
out of 5,505
82nd
Major group
Transportation Equipment
87
out of 339
74th
Industry group
Motor Vehicles And Motor Vehicle Equipment
59
out of 232
75th
Industry
Motor Vehicle Parts and Accessories
33
out of 134
75th

Pay ratio

Michael K. Simonte's Pay$5,218,653
Median Employee's Pay$38,032
Pay Ratio

137

to 1

In 2021, the annual total compensation of Michael K. Simonte was $5,218,653.

The annual total compensation of the median employee at American Axle & Manufacturing Holdings was $38,032.

The ratio of Michael K. Simonte's pay to the pay of median employee was therefore 137 to one.

Source: SEC filing on March 23, 2022.

Simonte's colleagues

We found four more compensation records of executives who worked with Michael K. Simonte at American Axle & Manufacturing Holdings in 2021.

2021

David Dauch

American Axle & Manufacturing Holdings

Chief Executive Officer

2021

Norman Willemse

American Axle & Manufacturing Holdings

President Metal Forming

2021

Christopher May

American Axle & Manufacturing Holdings

Chief Financial Officer

2021

Michael Lynch

American Axle & Manufacturing Holdings

President Driveline

News

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