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    Dale A. Asplund

    Chief Executive Officer at BrightView Holdings
    Board
    Since October 1, 2023
    Tenure
    Began tenure on 10-01-2023 as Chief Executive Officer at BV, holding roles including President and Director while initiating transformational changes through the One BrightView initiative.

    Also at BrightView Holdings

    AO
    Amanda Orders
    Executive Vice President and Chief Human Resources Officer
    BU
    Brett Urban
    Executive Vice President and Chief Financial Officer
    JMG
    Jonathan M. Gottsegen
    Executive Vice President, Chief Legal Officer, and Corporate Secretary

    About

    Dale A. Asplund joined BrightView Holdings, Inc. on 10-01-2023 as the Chief Executive Officer following a transitional period that included the departure of the previous CEO.

    Since taking the helm, he has also assumed the roles of President and Director, establishing himself as the principal executive leader of the company.

    Under his leadership, significant transformational changes have been introduced through the One BrightView initiative, which focused on unifying the organization by eliminating operational silos and restructuring non-core service lines.

    $BV Performance Under Dale A. Asplund

    Past Roles

    OrganizationRoleDate RangeDetails
    United Rentals, Inc. Executive Vice President, Chief Operating Officer May 2019 – September 2023 Part of the executive leadership team with company-wide responsibility for operations and employee safety
    United Rentals, Inc. Executive Vice President, Business Services and Chief Information Officer January 2017 – May 2019 Held responsibilities in business services and information technology
    United Waste Systems, Inc. Divisional Manager N/A No specific date provided

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Annual Base Salary$950,000AnnuallyFixed annual salary
    Cash Sign-On Bonus$500,000One-timeSubject to repayment obligation that no longer applies
    401(k) Matching Contributions$11,692Per 401(k) plan scheduleMatching contribution
    Executive Health, Disability, and Life Insurance Premiums$28,045Annually as incurredPremium payments
    Time-Vesting RSUs (Standard & Matching)917,820 RSUsEqual installments on the first four anniversaries of Oct 1, 2023Comprises 250,000 RSUs and 667,820 RSUs
    Time-Vesting RSUs - Fiscal 2024 Annual Grant277,000 RSUsEqual installments on the first four anniversaries of Oct 1, 2023Granted on Nov 17, 2023

    Performance Compensation

    Data from  FY 2024

    Annual Bonus Award

    MetricValueUnitsDetails
    Base Salary$950,000USDAnnual base salary used for bonus calculation
    Target Bonus Percentage130%PercentageApplied to base salary
    Target Bonus Amount$1,235,000USD130% of base salary
    Adjusted EBITDA Threshold (50% payout)$298.3 millionUSD
    Adjusted EBITDA Target (100% payout)$331.4 millionUSD
    Adjusted EBITDA Maximum (200% payout)$364.6 millionUSD
    Actual Adjusted EBITDA$324.7 millionUSD
    Payout Percentage (Adjusted EBITDA)90%Percentage
    ESG Weight20%PercentageBased on qualitative assessment
    ESG Achievement140%PercentageExceeded targets
    Combined Bonus Payout100%PercentageFinal achievement factor

    Performance RSUs

    MetricValueUnitsDetails
    Performance PeriodOct 1, 2023 to Sept 30, 2026Date Range
    Vesting ScheduleEnd of Fiscal 2026DescriptionBased on performance metrics
    PRSUs Target Grant250,000 PRSUsUnitsStandard performance RSUs
    Inducement PRSUs Grant250,000 PRSUsUnitsVesting same as fiscal 2024 PRSUs
    Grant DateNov 17, 2023Date
    Grant Date Fair Value$7,874,989USDAssumed highest performance achievement
    Performance MetricsThree-Year Average EBITDA Margin, Land Organic Revenue CAGRDescriptionAward payout ranges from 0% to 200%