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    Russell A. Becker

    Chief Executive Officer and President at APi Group Corp
    Board
    Since 2004
    Age
    59 years
    Tenure
    Joined APG in 2002 as President and Chief Operating Officer, was promoted to Chief Executive Officer in 2004, and has served as a director since October 2019.

    Also at APi Group Corp

    GDJ
    Glenn David Jackola
    Interim Chief Financial Officer
    KMM
    Kristina M. Morton
    Senior Vice President and Chief People Officer
    LBL
    Louis B. Lambert
    Senior Vice President, General Counsel, and Secretary

    About

    Russell A. Becker is the Chief Executive Officer and President of APi Group Corporation, currently aged 59 as of FY 2024. He has built his career through progressive leadership roles within the company and its subsidiaries.

    Beginning his tenure at APG in 2002 as President and Chief Operating Officer, he was promoted to Chief Executive Officer in 2004. His initial experiences at APi Group were complemented by earlier roles at related companies, which together laid a robust foundation for his future leadership.

    In addition to his executive responsibilities, he has contributed to broader industry initiatives by serving on advisory boards and multiple company boards, including his role on the board of directors since October 2019. This ongoing commitment to governance and industry advancement underscores a well-rounded professional profile.

    $APG Performance Under Russell A. Becker

    Past Roles

    OrganizationRoleDate RangeDetails
    Liberty Diversified Industries Board Director July 2017 - 2024 Privately held company specializing in paper, packaging, and building products
    APi Group, Inc. President and Chief Operating Officer 2002 - 2004 Role ended upon promotion; successor to earlier leadership roles
    The Jamar Company President 1998 - 2002 Served until joining APi Group, Inc.
    The Jamar Company Manager of Construction 1995 - 1997 Held earlier leadership role before promotion to President
    Ryan Companies Project Manager 1993 - 1995 N/A
    Cherne Contracting Field Engineer 1991 - 1993 N/A

    External Roles

    OrganizationRoleDate RangeDetails
    Marvin Companies Board Director January 2019 - Present Private company specializing in window and door manufacturing
    Michigan Technological University Advisory Board, Construction Management Program Present Contributes to academic and professional development

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,425,000Annual5.6% increase from 2022 base salary ($1,350,000)
    All Other Compensation$60,506AnnualIncludes Profit Sharing: $9,081, Cash Match: $9,494, Executive Life and Disability: $27,067, Annual Executive Physicals: $0, Club Fees: $5,864, Car Allowance: $9,000

    Performance Compensation

    Data from  FY 2023

    Stock Awards

    MetricValueNotes
    Performance MetricCumulative adjusted EBITDA dollars Basis for payout percentages
    Evaluation PeriodJan 1, 2023 - Dec 31, 2025 3-year performance period
    2023 Threshold (Adjusted EBITDA)$719.2 million 0% payout below this level; minimum performance required
    2023 Target (Adjusted EBITDA)$757.0 million 100% payout at this level
    2023 Maximum (Adjusted EBITDA)$794.9 million 200% payout as the cap
    2023 Actual Adjusted EBITDA$783.2 million Resulted in a 169.1% payout
    PSUs Shares at Threshold36,508 shares
    PSUs Shares at Target146,030 shares
    PSUs Shares at Maximum292,060 shares
    RSUs Shares97,353 shares
    Vesting Schedule3-year performance contingent (PSUs); ratable over 3 years (RSUs) PSUs vest based on performance; RSUs vest in equal installments on the first, second, and third anniversaries of the grant date
    Grant DateFebruary 27, 2023
    Grant Date Fair ValuePSUs: $3,420,023, RSUs: $2,280,007, Total: $5,700,030 Based on FASB ASC Topic 718

    Non-Equity Incentive Plan Compensation

    MetricValueNotes
    Performance MetricAdjusted EBITDA Calculated from net income adjusted for foreign currency fluctuations
    Evaluation Period2023 performance, paid in Q1 2024 Payout determined in March 2024
    2023 Threshold (Adjusted EBITDA)$719.2 million Corresponds to a 40% payout
    2023 Target (Adjusted EBITDA)$757.0 million 100% payout at target; forms the basis for STI calculation
    2023 Maximum (Adjusted EBITDA)$794.9 million 200% payout cap
    2023 Actual Adjusted EBITDA$783.2 million Resulted in a payout factor of 169.1%
    Target STI as % of Base Salary125% Indicates target cash incentive relative to base salary
    Actual Payout$3,012,094 Cash payout based on performance; non-equity, no vesting or grant date
    Vesting / Grant DateNot applicable Cash-based incentive, paid after performance period