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    Kevin P. Clark

    Chairman of the Board and CEO at Aptiv PLC
    Board
    Since April 2022
    Age
    62 years
    Education
    Holds a bachelor's degree in financial administration and a master's degree in finance from Michigan State University.
    Tenure
    Joined Aptiv in July 2010 as Vice President and Chief Financial Officer, advanced to Chief Operating Officer in October 2014, then became President and CEO in March 2015, and assumed the role of Chairman of the Board and CEO in April 2022.

    Also at Aptiv PLC

    AJB
    Allan J. Brazier
    Vice President and Chief Accounting Officer
    BL
    Benjamin Lyon
    Senior Vice President and Chief Technology Officer
    JK
    Javed Khan
    President, Software and Advanced Safety

    About

    Kevin P. Clark is a seasoned executive with a strong foundation in finance and leadership, having built his career with a series of strategic roles that highlight his expertise in financial administration and operational excellence.

    Beginning his career at Chrysler Corporation and later serving as CFO at Fisher-Scientific International Inc., he established a track record of financial leadership and corporate development. His early experiences laid the groundwork for his notable contributions as a founding partner at Liberty Lane Partners, LLC, where he focused on enhancing the performance of middle-market companies.

    At Aptiv, his journey has been marked by a series of progressive roles. After joining the company as Vice President and Chief Financial Officer in July 2010, he advanced rapidly—first as Chief Operating Officer, then as President and CEO in March 2015, and most recently as Chairman of the Board and CEO in April 2022. Under his leadership, the company has focused on driving innovations in areas such as autonomous driving, connectivity, and electrification, positioning Aptiv as a leader in advanced automotive technology.

    $APTV Performance Under Kevin P. Clark

    Past Roles

    OrganizationRoleDate RangeDetails
    Aptiv PLCPresident and CEOMarch 2015Became a Board member at that time
    Aptiv PLCChief Operating Officer (COO)October 2014 - March 2015Responsible for business divisions and global supply chain
    Aptiv PLCChief Financial Officer (CFO) and Executive Vice PresidentFrom February 2013N/A
    Aptiv PLCVice President and CFOFrom July 2010Oversaw financial activities including strategic planning, corporate development, FP&A, treasury, accounting, and tax
    Liberty Lane Partners, LLCFounding Partner2007 - 2010Focused on building and improving middle-market companies
    Fisher-Scientific International Inc.Chief Financial Officer (CFO)2001 - 2006Also served as Corporate Controller and Treasurer prior to becoming CFO
    Chrysler CorporationFinancial OrganizationN/AEarly career position in the financial organization

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,462,272 AnnualFixed annual base salary
    All Other Compensation$311,861 AnnualComprises Aptiv Contributions of $273,876 (includes 4% contribution of base salary plus matching up to 7%), Life Insurance of $185, and Other expenses of $37,800 for tax preparation

    Performance Compensation

    Data from  FY 2023

    Annual Incentive Plan (Non-Equity)

    Metric ComponentWeightThresholdTargetMaximumActual Result/AdjustmentAward Amount
    Corporate Financial Performance75% 40% payout 100% payout 200% payout Calculated at 126% of target Part of calculated award
    Strategic Goals25% -100% (80% achieved) -Achieved 80% of target Part of calculated award
    Weighted Overall Payout--115% of target -Reduced via negative discretion to 100% $2,193,408 (actual payment)

    Long-Term Incentive Plan (Equity – Performance-Based RSUs)

    ComponentDetailValue/Detail
    Performance MetricsEqually weighted metricsAverage RONA, Cumulative Net Income, Relative TSR each at 33.3%
    Payout RangePayout multiplier0% to 200% of target
    Evaluation PeriodPerformance periodJanuary 1, 2023 – December 31, 2025
    Vesting ScheduleVesting timingVests on December 31, 2025; settled in early 2026
    Grant DateAward grant dateFebruary 28, 2023
    Grant Date Fair ValueTarget value for performance-based RSUs$7,800,000
    Grant Date Stock PriceValuation basisFor RSUs: $116.28 for RONA/NI components; $170.34 for TSR component
    ConditionsForfeiture and performance criteriaMust meet performance thresholds; RSUs subject to forfeiture if conditions are not met

    *The Annual Incentive Plan yielded an actual payment of $2,193,408 after adjusting the calculated payout from 115% to 100% via negative discretion. The Long-Term Incentive Plan awards are designed to align executive rewards with strategic performance over a three-year period. *