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    George F. Chappelle Jr.

    Chief Executive Officer at Americold Realty Trust Inc
    Board
    Since February 2022
    Age
    63 years
    Education
    Earned a Bachelor of Science in Computer Science from Westfield State University and a Master’s in Business Management from Lesley University.
    Tenure
    Joined COLD as Interim CEO and Director in November 2021 and was promoted to permanent CEO in February 2022.

    Also at Americold Realty Trust Inc

    JW
    Jay Wells
    Chief Financial Officer and Executive Vice President
    MBV
    M. Bryan Verbarendse
    President, Americas
    MS
    Michael Spires
    Executive Vice President and Chief Information Officer

    About

    George F. Chappelle Jr. has built an extensive career characterized by leadership roles in prominent companies, underpinned by a solid educational foundation. He earned a Bachelor of Science in Computer Science from Westfield State University and a Master’s in Business Management from Lesley University, reflecting his commitment to professional development.

    He joined Americold Realty Trust (COLD) in November 2021 as Interim CEO and Director, swiftly transitioning to the permanent Chief Executive Officer position in February 2022. His tenure has been marked by significant strategic initiatives and operational improvements, ensuring effective leadership and growth within the company.

    With over 41 years of professional experience and a demonstrated capacity for driving innovation across multiple industries, his career reflects a dedication to excellence in both operational execution and strategic planning. His objective approach continues to shape the path forward for COLD as the company navigates evolving market challenges.

    $COLD Performance Under George F. Chappelle Jr.

    Past Roles

    OrganizationRoleDate RangeDetails
    Apex International Director 2021 - 2024 Former board position
    Americold Realty Trust, Inc. (COLD) Interim Chief Executive Officer Nov 2021 - Feb 2022 Transitional role before permanent CEO appointment
    Flagstone Foods Chairman of the Board 2020 - 2022 Former board leadership
    AGRO Merchants Group Chairman of the Board 2018 - 2020 Former board leadership
    Tyson Foods (NYSE: TSN) Multiple Executive Roles 2017 - N/A Roles included Chief Corporate Services Officer, General Manager of Emerging Proteins, R&D and Logistics, COO of Prepared Foods, and Chief Integration Officer
    AdvancePierre Foods Chief Operating Officer N/A Former COO role
    Vi-Jon Chief Operating Officer N/A Former COO role
    Solo Cup Company Chief Operating Officer N/A Former COO role
    Sara Lee Foods (NYSE: SLE) Chief Supply Chain Officer and Chief Information Officer More than 4 years / N/A Former executive roles
    HJ Heinz / Kraft Heinz Company (NASDAQ: KHC) Chief Information Officer 2002 - 2005 Former executive role

    External Roles

    OrganizationRoleDate RangeDetails
    Real Good Foods Board Member Current Current board membership

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Salary$1,000,000 2024Fixed base salary
    Stock Awards - RSU/OPU Value at Threshold$5,279,995 2024 grantRSU/OPU value at threshold level
    All Other Compensation$418,681 2024401(k) Match: $10,350 ; Insurance: $19,694 ; Distributions & Dividend Equivalent: $386,287 ; Other Expenses: $2,350
    Severance and Termination BenefitsN/AN/ANo severance or termination benefits provided

    Performance Compensation

    Data from  FY 2024

    Non-Equity Incentive Plan Compensation

    MetricValueNotes
    Threshold$800,000 (50% of target) Annual incentive minimum payout
    Target$1,600,000 (100% of target) Base annual incentive
    Maximum$2,800,000 (175% of target) Cap on annual incentive
    Core EBITDA Threshold$531.3M
    Core EBITDA Target$625.1M
    Core EBITDA Maximum$718.9M
    Actual Core EBITDA$637.2M (101.9% of target) Drives payout multiplier
    PayoutsCore EBITDA: $1,315,800 ; Individual Objectives: $438,600 ; Total: $1,754,400 Individual objectives weighted equally (33.3% each), overall 25% of opportunity
    Vesting ScheduleN/APaid out annually based on performance

    Performance RSU/OPU Awards

    MetricValueNotes
    Performance PeriodJan 1, 2024 – Dec 31, 2026 3-year performance cycle
    Performance MetricTSR relative to MSCI U.S. REIT Index Determines award level
    Threshold Level50% Award; 50,229 shares 25th percentile performance
    Target Level100% Award; 100,457 shares; Fair Value: $2,527,498 50th percentile performance
    Maximum Level200% Award; 200,914 shares 75th percentile performance
    Vesting ScheduleAt end of period Contingent upon achieving TSR goals
    Grant DateMarch 8, 2024 Date of award grant
    Grant Date Stock PriceN/ANot provided