In 2022, Barry Litwin earned $6.89M in total compensation at Global Industrial, including $955.00K salary and $1.70M bonus. Most recently acquired 19,027 shares in Jan 1924. Currently holds stock worth $5.05M. Led Global Industrial as CEO for 5 years.
Compensation History
Annual executive compensation data for Barry Litwin, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$6.89M
Salary
$955.00K
Bonus
$1.70M
Other
$4.24M
Salary
$955.00KBoard Justification
The compensation philosophy aims to attract and retain top talent, aligning executive compensation with company performance and shareholder interests through a mix of fixed and variable compensation.
Bonus
$1.70MBoard Justification
The annual non-equity incentive compensation is based on the achievement of Company-based performance objectives, with a target bonus of 135% of annual base salary, contingent on performance metrics.
Other Compensation
$4.24MBoard Justification
Other compensation includes auto-allowance, transportation related expenses, and contributions to the 401(k) plan.
Restricted Stock
Board Justification
No stock grants vested in 2022 as the focus is on the compensation that is paid out, excluding stock grants and options.
Performance Metrics
The performance metrics include adjusted operating income and net sales targets, among other financial and non-financial objectives.
Barry Litwin
Ex-CEO of Global Industrial
Education
BS degree from Indiana University and an MBA in Operations from Loyola University, Quinlan School of Business
Sector of Economy
Industrials
Born
January 1, 1967 - 58 years ago
CEO of Global Industrial for
5 years 7 months (Jan 2019 - Aug 2024)
Previous Experience
Chief Executive Officer of Adorama, Inc.
Other Global Industrial CEOs
Holdings
Track Barry Litwin's stock holdings and portfolio value over time.
Total Stock Sold
$35.94K
$35.94K
817 GIC shares
What if they kept their stock?
If Barry Litwin didn't sell their stock, today they would have:
Extra GIC817 shares worth $24.52K.
This is -31.78% and $11.42K less than what they got when they sold the stock.
Insider Trading
Barry Litwin's recent stock transactions, purchases, and sales filed with the SEC.
19,027 shares
GIC
Jan 7, 1924
Received
29,034 shares
GIC
Jan 7, 2023
Received
30,003 shares
GIC
Jul 1, 2022
Received
17,903 shares
GIC
Jan 7, 2022
Received
$35.95K
GIC at $44.00/share
Nov 23, 2021
Sale
Rivals
Compare Barry Litwin with competitor CEOs and industry peers.