Adam J. Greenlee became the CEO of Silgan Holdings Inc. on September 1, 2021, after a long journey within the company. He started as the Chief Operating Officer in 2009, showing his skills in management and deep knowledge of the...

Adam J. Greenlee became the CEO of Silgan Holdings Inc. on September 1, 2021, after a long journey within the company. He started as the Chief Operating Officer in 2009, showing his skills in management and deep knowledge of the industry. Before that, he was the President of North American operations at Silgan Closures and held other roles in various companies in the packaging sector. His leadership has been critical in guiding Silgan Holdings through its growth phases. Adam's focus aligns with the company's goals, emphasizing targets like Adjusted EBITDA, which are key to the company’s success. In 2023, he earned a total of $4,666,705, which included a salary of $1,100,000 and stock awards valued at $3,504,290. He has substantial shareholdings in the company, showing his belief in its future. Adam is committed to looking after shareholder interests while navigating the complex market environment. Overall, Adam's experience shapes the direction of Silgan Holdings as a major player in the packaging industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Silgan Holdings CEOs

S

Adam J. Greenlee

CEO of Silgan Holdings

Education

Not disclosed

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1973 - 52 years ago

CEO of Silgan Holdings for

3 years 9 months (Sep 2021 - Present)

Previous Experience

Executive Vice President and Chief Operating Officer of Silgan Holdings Inc.

Rivals

Competitors/colleagues of Adam J. Greenlee

D

Richard J. Tobin

CEO of Dover

2023 Compensation

Stock

$3.25M

Salary

$1.29M

Bonus

$2.00M

Other

$207.19K

Total Holdings

$69.71M

Holdings

See how much did Adam J. Greenlee make over time.

Adam Greenlee's investment in Silgan Holdings reflects his commitment to the company’s future. As of now, he holds a substantial amount of stock, which once made up the majority of his wealth. With over 65,800 restricted stock units vested in...

Adam Greenlee's investment in Silgan Holdings reflects his commitment to the company’s future. As of now, he holds a substantial amount of stock, which once made up the majority of his wealth. With over 65,800 restricted stock units vested in 2023 alone, valued at around $3.5 million, his financial interests are closely tied to the company’s performance. This not only shows his confidence in Silgan's strategy but also aligns his goals with those of the shareholders. His stock grants over recent years showcase a gradual increase in ownership, indicating both trust from the board and a personal stake in the company's success.

Total Stock Sold

$6.09M

SLGN

$6.09M

318,184 SLGN shares

What if they kept their stock?

If Adam J. Greenlee didn't sell their stock, today they would have:
Extra SLGN318,184 shares worth $10.77M.
This is 76.76% and $4.68M more than what they got when they sold the stock.

Charitable Transactions

SLGN

8,400 shares

SLGN

Recent Charitable Transactions

SLGN

8,400 shares

SLGN

Dec 31, 2022

Charity

Insider Trading

See recent insider trades of Adam J. Greenlee.

SLGN

44,800 shares

SLGN

Mar 1, 2024

Received

SLGN

70,000 shares

SLGN

Feb 28, 2024

Received

SLGN

113,300 shares

SLGN

Feb 22, 2023

Received

SLGN

8,400 shares

SLGN

Dec 31, 2022

Charity

SLGN

25,100 shares

SLGN

Mar 1, 2022

Received

SLGN

26,500 shares

SLGN

Feb 23, 2022

Received

SLGN

6,800 shares

SLGN

Mar 1, 2021

Received

SLGN

32,000 shares

SLGN

Feb 24, 2021

Received

SLGN

129,400 shares

SLGN

Feb 28, 2020

Received

SLGN

$3.29M

SLGN at $29.92/share

May 1, 2019

Sale

Compensation History

See how much did Adam J. Greenlee make over time.

In 2023, Adam J. Greenlee's total compensation reached $4,666,705, a significant jump from the previous year's figure. His base salary was $1,100,000, along with a bonus of $550,000, which was cut in half due to voluntary cost-saving recommendations. Notably, his stock rewards were a key part of his compensation, accounting for a hefty $3.5 million in value when vested. These stock awards highlight the company's performance and Adam's role in driving that success. Over the years, his earnings have shown a consistent increase corresponding to both his responsibilities as CEO and his contributions to the company's growth.

Year

2023

Total Compensation

$5.23M

Salary

$1.10M

Board Justification

The compensation philosophy aims to attract and retain executive officers while aligning their interests with those of the stockholders through a mix of salary, bonuses, and equity-based compensation.

Bonus

$550.00K

Board Justification

The bonus for 2023 was based on the Senior Executive Performance Plan, with a target bonus of 100% of his annual salary. The actual bonus was reduced to 50% of his salary due to voluntary recommendations.

Other

$77.46K

Board Justification

Other compensation includes dividend equivalents and life insurance premiums paid on behalf of Mr. Greenlee.

Restricted Stock

$3.50M(65.8K RSU)

Board Justification

The vested stock consists of restricted stock units that vested in 2023, with a total value of $3,504,290 at the time of vesting.

Performance Metrics

The performance metrics for 2023 included achieving Adjusted EBITDA targets and other financial and non-financial goals.

Other Silgan Holdings CEOs

Here are other CEOs of Silgan Holdings

Anthony J. Allott

Ex-CEO of Silgan Holdings

March 2006 - September 2021