In 2019, Charles W. Shaver earned $5.09M in total compensation at Axalta Coating Systems, including $971.92K salary, $3.00M bonus and $1.08M in stock. Most recently acquired 13,548 shares in May 2024. Currently holds stock worth $27.12M. Has donated $507.30K in stock to charitable causes. Led Axalta Coating Systems as CEO for 3 years.
Compensation History
Annual executive compensation data for Charles W. Shaver, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$5.09M
Salary
$971.92K
Bonus
$3.00M
Other
$33.66K
Salary
$971.92KBoard Justification
The compensation philosophy is to align executive pay with company performance, with a significant portion of compensation being performance-based to incentivize executives to achieve both short-term and long-term goals.
Bonus
$3.00MBoard Justification
The bonus is based on the company's performance metrics and individual performance, with a target of 110% of base salary.
Other Compensation
$33.66KBoard Justification
Other compensation includes contributions to retirement plans and perquisites.
Restricted Stock
Board Justification
The stock awards granted in 2019 vest in three equal installments over three years, with the first installment vesting in 2019.
Performance Metrics
The performance metrics for the CEO's compensation include Adjusted EBIT and Adjusted Free Cash Flow, with individual performance also considered.
Charles W. Shaver
Ex-CEO of Axalta Coating Systems
Education
B.A. degree in Economics from the University of Florida; M.B.A. degree from the Harvard Business School
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Basic Materials
Born
January 1, 1968 - 57 years ago
CEO of Axalta Coating Systems for
3 years 8 months (Oct 2015 - Jun 2019)
Previous Experience
Executive Vice President and Chief Financial Officer of Axalta from 2013 until that appointment; Chief Financial Officer and Senior Vice President of Roll Global LLC; Executive Vice President of Strategy, New Business Development, and Information Technology at Grupo Industrial Saltillo, S.A.B. de C.V.
Other Axalta Coating Systems CEOs
Holdings
Track Charles W. Shaver's stock holdings and portfolio value over time.
Total Stock Sold
$1.38B
$128.57M
4,524,916 AXTA shares
$1.25B
50,028,723 SLCA shares
What if they kept their stock?
If Charles W. Shaver didn't sell their stock, today they would have:
Extra AXTA4,524,916 shares worth $131.58M and SLCA50,028,723 shares worth $0.00.
This is -90.46% and $1.25B less than what they got when they sold the stock.
Charitable Transactions
17,445 shares
AXTA
67,782 shares
SLCA
Recent Charitable Transactions
13,120 shares
SLCA
Jul 23, 2024
Charity
11,662 shares
SLCA
May 12, 2022
Charity
43,000 shares
SLCA
May 17, 2021
Charity
11,290 shares
AXTA
May 14, 2018
Charity
6,155 shares
AXTA
Feb 5, 2018
Charity
Insider Trading
Charles W. Shaver's recent stock transactions, purchases, and sales filed with the SEC.
13,120 shares
SLCA
Jul 23, 2024
Charity
13,548 shares
SLCA
May 9, 2024
Received
16,908 shares
SLCA
May 11, 2023
Received
$472.00K
SLCA at $14.75/share
Aug 19, 2022
Sale
$717.00K
SLCA at $14.34/share
Aug 4, 2022
Sale
10,667 shares
SLCA
May 12, 2022
Received
11,662 shares
SLCA
May 12, 2022
Charity
43,000 shares
SLCA
May 17, 2021
Charity
15,990 shares
SLCA
May 13, 2021
Received
112,805 shares
SLCA
May 7, 2020
Received
Rivals
Compare Charles W. Shaver with competitor CEOs and industry peers.
Timothy M. Knavish
CEO of PPG Industries
2023 Compensation
Stock
$1.24M
Salary
$1.20M
Bonus
$2.21M
Other
$0.00
Total Holdings
$1.28M
Michael H. Sullivan
CEO of RPM International
2023 Compensation
Stock
$1.27M
Salary
$1.07M
Bonus
$1.58M
Other
$250.54K
Total Holdings
$1.56M
Terrence R. Curtin
CEO of TE Connectivity
2023 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$2.08M
Other
$368.57K
Total Holdings
$2.18M
Rakesh Sachdev
CEO of Element Solutions
2022 Compensation
Stock
$2.33M
Salary
$1.00M
Bonus
$231.00K
Other
$46.63K
Total Holdings
$4.05M
Patrick H. Hawkins
CEO of Hawkins
2021 Compensation
Stock
$0.00
Salary
$500.00K
Bonus
$100.00K
Other
$59.74K
Total Holdings
$33.70M