Boris Elisman is the CEO of Acco Brands Corporation, a position he has held since March 2013. Under his leadership, the company, known for its office supplies and accessories, has navigated various challenges and maintained a focus on performance-driven growth....

Boris Elisman is the CEO of Acco Brands Corporation, a position he has held since March 2013. Under his leadership, the company, known for its office supplies and accessories, has navigated various challenges and maintained a focus on performance-driven growth. Born in 1962, Elisman has shown a strong commitment to aligning executive pay with performance. For instance, his total compensation in 2023 was around $4.35 million, with no bonuses awarded due to performance metrics not being met. This strategy reflects his approach to leadership: results matter. Interestingly, amidst fluctuating compensation amounts over the years, his role has consistently focused on performance-based incentives, exemplifying his commitment to meeting ambitious company goals. Elisman's hands-on experience at Acco Brands has positioned him to steer the company through competitive landscapes, continuously working towards efficiency and innovation in the office products industry. He’s been with Acco for a significant period, allowing him to build a deep understanding of the market and the company’s potential.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Acco Brands CEOs

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Boris Elisman

Ex-CEO of Acco Brands

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1962 - 63 years ago

CEO of Acco Brands for

10 years 6 months (Mar 2013 - Oct 2023)

Previous Experience

President of Computer Products Group; President of Global Office Products Group; President, ACCO Brands Americas

Rivals

Competitors/colleagues of Boris Elisman

Holdings

See how much did Boris Elisman make over time.

As CEO of Acco Brands, Boris Elisman's holdings reflect his commitment to the company’s growth and performance. Over the years, Elisman's wealth has fluctuated with his stake in the company, and there have been times he held considerable value in...

As CEO of Acco Brands, Boris Elisman's holdings reflect his commitment to the company’s growth and performance. Over the years, Elisman's wealth has fluctuated with his stake in the company, and there have been times he held considerable value in stock, which now appears to be focused on performance-based equity rather than immediate cash payouts. Although the specific numbers are not disclosed in the latest reports, past data indicates that he was more heavily vested in stock around 2019, when his total reported compensation was approximately $4.59 million. The trend shows a strategic shift towards achievable performance metrics which directly affects his financial rewards. This strategy highlights a fundamental alignment of his financial well-being with the company's overall performance, reinforcing his incentives to drive the company's future success. Now, he emphasizes performance over guaranteed payouts, aiming to enhance shareholder value in a competitive market.

Total Stock Sold

$7.22M

ACCO

$7.22M

803,696 ACCO shares

What if they kept their stock?

If Boris Elisman didn't sell their stock, today they would have:
Extra ACCO803,696 shares worth $4.63M.
This is -35.92% and $2.59M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Boris Elisman.

ACCO

$51.70K

ACCO at $5.17/share

Nov 9, 2022

Purchase

ACCO

$2.24M

ACCO at $8.26/share

Mar 1, 2022

Sale

ACCO

$66.02K

ACCO at $9.00/share

Feb 18, 2022

Sale

ACCO

$797.53K

ACCO at $8.40/share

Mar 2, 2021

Sale

ACCO

$1.73M

ACCO at $8.65/share

Dec 22, 2020

Sale

ACCO

97,080 shares

ACCO

Mar 3, 2020

Received

ACCO

$1.73M

ACCO at $9.45/share

Sep 9, 2019

Sale

ACCO

$2.29M

ACCO at $9.04/share

Mar 6, 2019

Received

ACCO

$50.54K

ACCO at $7.72/share

Oct 31, 2018

Purchase

ACCO

1,677 shares

ACCO

Mar 21, 2018

Received

Compensation History

See how much did Boris Elisman make over time.

Boris Elisman's compensation as CEO of Acco Brands has varied significantly over the years, emphasizing performance-based rewards. In 2023, he earned a total of $4.35 million, with a base salary of $961,539. Notably, there were no bonuses or stock grants for 2023 due to unmet performance metrics. This aligns with his compensation philosophy which stresses linking executive pay to tangible results. Over the years, his compensation saw peaks and troughs—$7.28 million in 2021 marked a high point, reflecting a significant bonus tied to performance outcomes. His total compensation tends to combine salary with other forms like bonuses and perquisites, all aimed at incentivizing growth while balancing shareholder interests. His approach shows a clear trend of prioritizing performance metrics, reflecting his strategic vision for the company's future.

Year

2023

Total Compensation

$1.00M

Salary

$961.54K

Board Justification

The compensation philosophy aims to align executive pay with performance and market standards, targeting median compensation levels among peer companies.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as it was not applicable.

Other

$40.14K

Board Justification

Includes automobile allowance, contributions to defined contribution plans, and miscellaneous perquisites.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the focus was on performance-based awards.

Performance Metrics

Performance metrics included adjusted operating income, net sales, and working capital efficiency.

Other Acco Brands CEOs

Here are other CEOs of Acco Brands

Robert J. Keller

Ex-CEO of Acco Brands

October 2008 - March 2013

Thomas W. Tedford

CEO of Acco Brands

October 2023 - Present