Daniel N. Leib, born on July 14, 1963, is the CEO of Donnelley Financial Solutions, a company he joined in September 2016. He holds a Bachelor's degree from the University of Illinois at Urbana-Champaign, focusing on business. Under his leadership,...

Daniel N. Leib, born on July 14, 1963, is the CEO of Donnelley Financial Solutions, a company he joined in September 2016. He holds a Bachelor's degree from the University of Illinois at Urbana-Champaign, focusing on business. Under his leadership, the company has emphasized performance-driven strategies and has seen significant changes to executive compensation to align with the company's financial health and goals. Interesting to note is the volatility in his compensation: in 2022, it reached over $7.5 million due to stock vesting, while in 2023, it dropped to around $1.2 million, primarily due to a shift to performance-based incentives. Leib has a background that includes adjusting executive agreements to ensure that compensation aligns with both performance metrics and shareholder interests. He has robust terms in his employment contract meant to protect him after changes in control, highlighting a strategic approach to executive management. Overall, his tenure reflects a strong focus on aligning the interests of executives with the company's long-term success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

D

Daniel N. Leib

CEO of Donnelley Financial Solutions

Education

Bachelor's degree in Economics from the University of Michigan and an MBA from the University of Chicago Booth School of Business

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1971 - 54 years ago

CEO of Donnelley Financial Solutions for

8 years 7 months (Sep 2016 - Present)

Previous Experience

Chief Financial Officer at RR Donnelley

Rivals

Competitors/colleagues of Daniel N. Leib

Holdings

See how much did Daniel N. Leib make over time.

Daniel N. Leib has seen significant changes in his stock holdings over the years. His wealth fluctuated substantially, particularly with performance-based stock units. Key highlights include 254,162 shares that vested in 2022, reflecting a peak vesting value of about $9.2...

Daniel N. Leib has seen significant changes in his stock holdings over the years. His wealth fluctuated substantially, particularly with performance-based stock units. Key highlights include 254,162 shares that vested in 2022, reflecting a peak vesting value of about $9.2 million at the time. In contrast, 2023 saw a transition to emphasizing cash bonuses instead of stock grants, dropping to a total compensation of $1.2 million, showing a strategic pivot towards performance metrics like EBITDA growth. His financial interest in the company remains significant, even as strategies shift from stock-based to cash-based incentives. It’s noteworthy that his compensation structure was designed to support both immediate financial performance and long-term growth, demonstrating a focus on sustainability in leadership.

Total Stock Sold

$15.47M

DFIN

$15.47M

320,000 DFIN shares

What if they kept their stock?

If Daniel N. Leib didn't sell their stock, today they would have:
Extra DFIN320,000 shares worth $2.06M.
This is -86.7% and $13.41M less than what they got when they sold the stock.

Charitable Transactions

DFIN

22,000 shares

DFIN

Recent Charitable Transactions

DFIN

10,000 shares

DFIN

Dec 14, 2023

Charity

DFIN

12,000 shares

DFIN

Dec 7, 2021

Charity

Insider Trading

See recent insider trades of Daniel N. Leib.

DFIN

$183.40K

DFIN at $70.03/share

Sep 19, 2024

Sale

DFIN

$517.24K

DFIN at $70.08/share

Sep 16, 2024

Sale

DFIN

$1.30M

DFIN at $65.01/share

Aug 15, 2024

Sale

DFIN

$1.88M

DFIN at $62.67/share

May 16, 2024

Sale

DFIN

$3.23M

DFIN at $21.84/share

Mar 4, 2024

Received

DFIN

$2.58M

DFIN at $64.62/share

Feb 29, 2024

Sale

DFIN

10,000 shares

DFIN

Dec 14, 2023

Charity

DFIN

$2.16M

DFIN at $53.99/share

Nov 9, 2023

Sale

DFIN

$1.21M

DFIN at $40.38/share

Mar 9, 2023

Sale

DFIN

$2.20M

DFIN at $13.95/share

Mar 3, 2023

Received

Compensation History

See how much did Daniel N. Leib make over time.

In 2023, Daniel N. Leib's total compensation was approximately $1,243,470, a significant drop from over $7.5 million in 2022. This reduction can be traced back to changes in the company’s focus on performance-based pay rather than stock awards. His salary for 2023 was $815,000, with a substantial cash bonus of $1,196,176 that exceeded performance targets. The bonus highlighted the company's growth in key areas such as Adjusted EBITDA and net sales. In contrast, in 2022, he didn’t receive a cash bonus, but instead saw a large payout due to vested stock valued at about $9.2 million. His compensation structure is designed to attract and retain talent while ensuring that a significant portion is tied to performance, reinforcing the company’s focus on long-term success.

Year

2023

Total Compensation

$2.04M

Salary

$815.00K

Board Justification

The compensation philosophy emphasizes attracting and retaining talent through competitive pay, aligning executive compensation with performance, and ensuring a significant portion of compensation is performance-based.

Bonus

$1.20M

Board Justification

Annual cash incentive awards for the NEOs were earned at an average of 112.9% of target based on performance against established goals.

Other

$32.29K

Board Justification

Includes a corporate automobile allowance, financial counseling services, and contributions to the Company’s Savings Plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023 as the focus is on performance-based stock units and restricted stock units that vest over time.

Performance Metrics

Performance metrics include Adjusted EBITDA and software solutions net sales growth, which are critical indicators of financial success.