Edwin Roks
Also at Teledyne Technologies Inc
About
Edwin Roks is recognized for his significant technical contributions in digital imaging, having authored over 50 technical papers and holding 10 patents in the field. His innovative work has made him a respected leader in technological advancements.
Throughout his career, his influence has extended beyond conventional management roles. He has played a pivotal role in integrating major acquisitions and steering the strategic direction of one of the largest segments in the company, reflecting an ability to drive growth and foster innovation.
Beyond the boardroom, his commitment to advancing technology has had a lasting impact on the imaging industry. His work not only demonstrates a blend of technical acumen and leadership but also highlights a vision for future developments that continue to shape the sector.
$TDY Performance Under Edwin Roks
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Teledyne Technologies | Executive Vice President and President, Teledyne Digital Imaging Segment | May 2021 - Dec 2023 | Teledyne's largest segment |
| Teledyne Technologies | Executive Vice President and President – Digital Imaging | 2023 | |
| Teledyne Technologies | Vice President of Teledyne and Group President – Teledyne Digital Imaging, Teledyne DALSA, and Teledyne e2v | Mar 2017 - May 2021 |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $572,000 | Annual (2023) | Fixed annual base pay |
| Car Allowance | $11,915 | Annual (2023) | Provided for vehicle expenses |
| Company Contributions to Pension Scheme | $49,781 | Annual (2023) | Contributions to the company pension scheme |
| Pension Compensation | $82,675 | Annual (2023) | Fixed pension-related compensation |
Performance Compensation
Performance Plan Award Overview
| Component | Target/Amount | Threshold / Conditions | Maximum/Cap | Weight |
|---|---|---|---|---|
| Adjusted Income Before Taxes | Aggregate: $3,391.8 million (FY 2023-2025) | Must be at least 75% of the target; if ≥120% performance, weighting at 200% | 120% of target | 40% |
| Revenue | Aggregate: $18,861.2 million (FY 2023-2025) | At least 67% of target required; if ≥120% performance, weighting at 200% | 120% of target | 30% |
| Return to Stockholders | Relative to S&P 500 Index | Must achieve at least 67% of the target; if ≥120% performance, weighting at 200% | 120% of target | 30% |
Award Opportunity & Grant Details
| Detail | Value | Additional Details |
|---|---|---|
| Award Opportunity | 60% of 2023 Base Salary | This represents the target payout |
| Maximum Award | 120% of 2023 Base Salary | The award can double if performance criteria are exceeded |
| Grant Date | January 24, 2023 | Restricted stock awards granted on this date |
| Grant Date Fair Value | $295,002 | Applies to restricted stock awards |
| Stock Price Determination | N/A | Number of restricted shares determined by the average of high and low prices for 20 trading days |
Vesting Schedule & Conditions
| Aspect | Details | Notes |
|---|---|---|
| Vesting Schedule | Time-based vesting until the third anniversary of the grant date | Vesting is contingent on meeting performance metrics |
| Performance-Based Conditions | For instance, if Teledyne’s three-year aggregate return to stockholders is <35% of S&P 500 performance, all awards are forfeited ; partial forfeiture occurs between 35% and <100% | Guidelines determine actual payout based on performance relative to thresholds |
The performance compensation details above cover the key performance metrics, evaluation thresholds, weighting, vesting schedule, and grant particulars for 2023 based on the provided documents