Pablo Perversi
METTLER TOLEDO INTERNATIONAL INC/About Pablo Perversi
Pablo Perversi was appointed as an independent director of Mettler-Toledo International Inc. effective November 6, 2025; a Form 3 filed November 10, 2025 shows initial beneficial ownership of zero shares . He is President of Europe at Danone and previously served as Chief Innovation, Quality, and Sustainability Officer and President of Gourmet Division at Barry Callebaut (2017–2022), with earlier leadership roles at Unilever (1993–2017) . Education and age are not disclosed in company filings reviewed .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Barry Callebaut | Chief Innovation, Quality & Sustainability Officer; President, Gourmet Division | 2017–2022 | Led innovation and sustainability; senior executive stewardship |
| Unilever | Various roles, culminating as VP Foods Europe | 1993–2017 | Operational and category leadership in foods across geographies |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Danone | President of Europe; Member of Executive Committee | Current as of Aug 4, 2025 | Senior P&L leadership across Europe |
Board Governance
- Appointment and independence: Appointed July 31, 2025 to be effective Nov 6, 2025; determined by the Board to qualify as an “independent director” under NYSE listing standards .
- Committee assignments: Not determined at time of appointment (Board increased size from eight to nine) .
- Board structure context: Independent non-executive Chair; three independent committees (Audit; Compensation; Nominating & Corporate Governance); Lead Director role (Thomas P. Salice) .
- Executive sessions: Regular sessions of non-management directors held, typically each board meeting .
- Attendance baseline (pre-appointment): Board met four times in 2024; all directors had 100% attendance except one director at 88% due to CEO obligations (baseline context only; Perversi appointed post-2024) .
Fixed Compensation
Perversi’s director compensation will be consistent with Mettler-Toledo’s independent director program disclosed in the 2025 proxy (applies to 2024 program) .
| Component | Amount/Policy | Notes |
|---|---|---|
| Annual cash retainer | $82,500 | Paid to non-chair directors |
| Committee member fees – Audit | $11,500 | Per committee membership |
| Committee member fees – Compensation | $9,250 | Per committee membership |
| Committee member fees – Nominating & Corporate Governance | $7,000 | Per committee membership |
| Committee chair fees – Audit | $25,000 | If serving as chair |
| Committee chair fees – Compensation | $21,250 | If serving as chair |
| Committee chair fees – Nominating & Corporate Governance | $13,750 | If serving as chair |
Note: Lead Director receives an additional stock grant (~$40,000 grant date value) .
Performance Compensation
Independent directors receive annual equity grants but no performance metrics are disclosed for director equity.
| Equity Vehicle | Grant Date Value (Approx.) | Vesting/Holding | Metrics |
|---|---|---|---|
| Stock options | ~$90,000 | Options vest per plan; 10-year term typical for company options program context | None disclosed for directors |
| Stock (shares/DSUs) | ~$90,000 | Shares must be retained for two years post-grant (effective for grants in Nov 2024) | None disclosed for directors |
Other Directorships & Interlocks
| Entity | Type | Role | Potential Interlock/Conflict |
|---|---|---|---|
| Danone | Public company | Executive (President Europe) | No related-party transactions requiring disclosure; Board confirmed independence |
| Barry Callebaut | Public company | Former executive | None disclosed |
| Unilever | Public company | Former executive | None disclosed |
- Related-party transactions: “None” involving directors/officers in 2024 per proxy; and specifically “no transactions” requiring Item 404(a) disclosure for Perversi at appointment .
Expertise & Qualifications
- Food & beverage industry leadership (Danone, Barry Callebaut, Unilever) across Europe, Latin America, Asia—relevant to MTD’s food end-market customers .
- Innovation, quality, sustainability oversight—aligned with MTD’s ESG risk oversight and customer quality processes .
- Global P&L and category management experience—useful for board oversight of strategy and execution .
Equity Ownership
| As of | Security | Beneficially Owned | Ownership Form | % of Outstanding |
|---|---|---|---|---|
| Nov 10, 2025 (Form 3) | Common stock | 0 | Not applicable (initial statement) | 0% (baseline; record shares outstanding 20,840,953 on Mar 3, 2025 for context) |
- Ownership guidelines: Non-employee directors must hold shares equal to 5x cash retainer within five years of appointment; all directors subject to this policy; shares from stock grants must be held for two years (three years for Board Chair) .
- Hedging/pledging policy: Directors and executive officers are prohibited from hedging and generally restricted from pledging company securities .
Insider Filings and Trades
| Filing | Date | Key Disclosure |
|---|---|---|
| 8-K (Item 5.02) | Aug 4, 2025 | Appointment effective Nov 6, 2025; independent director; compensation per proxy; no Item 404(a) transactions |
| Press Release (Exhibit 99.1) | Aug 4, 2025 | Role/background; effective date confirmation |
| Form 3 | Nov 10, 2025 | Initial statement; no securities beneficially owned |
Governance Assessment
- Strengths: Independent status affirmed; no related-party transactions; deep food-industry leadership aligned with an important MTD end market; equity ownership guidelines and anti-hedging/pledging policy support alignment .
- Watch items: Initial ownership is zero shares (typical at appointment)—monitor progress toward 5x retainer guideline over first 5 years; committee assignments pending—observe eventual placements for audit/comp/nom-gov workload and potential overboarding relative to MTD’s “max four public boards” policy .
- Independence/engagement signals: Board utilizes regular executive sessions and maintains independent committees; attendance benchmarks strong historically (context; Perversi joins post-2024) .
No RED FLAGS identified in filings regarding conflicts (Item 404), hedging/pledging, or attendance. Continue monitoring committee assignments and future ownership filings for alignment progression .