Sundar PichaiSundar Pichai earned $164M in 2023

Daniel V. Ginnetti is the Chief Executive Officer of Stericycle, Inc., a key player in the medical waste management industry, where he has played a significant role since his appointment as CFO in 2014. Starting his journey at Stericycle in...

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Daniel V. Ginnetti

CEO of Stericycle

Sector of Economy

Industrials

Born

July 30, 2024 - 0 years ago

CEO of Stericycle for

10 years 8 months (Aug 2014 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Daniel V. Ginnetti

Holdings

See how much did Daniel V. Ginnetti make over time.

Daniel Ginnetti has a notable history with Stericycle's stock holdings. In 2023, he received 11,443 Restricted Stock Units (RSUs) valued at approximately $490,000, showing his significant stake in the company. His vested stock from previous years includes a substantial number...

Total Stock Sold

$7.55M

SRCL

$7.55M

84,713 SRCL shares

What if they kept their stock?

If Daniel V. Ginnetti didn't sell their stock, today they would have:
Extra SRCL84,713 shares worth $4.30M.
This is -43.09% and $3.25M less than what they got when they sold the stock.

Charitable Transactions

SRCL

748 shares

SRCL

Recent Charitable Transactions

SRCL

286 shares

SRCL

Jun 16, 2020

Charity

SRCL

286 shares

SRCL

Jun 10, 2020

Charity

SRCL

176 shares

SRCL

Feb 18, 2016

Charity

Insider Trading

See recent insider trades of Daniel V. Ginnetti.

SRCL

$1.86M

SRCL at $76.72/share

Jun 7, 2021

Sale

SRCL

$404.22K

SRCL at $64.80/share

Aug 6, 2020

Sale

SRCL

286 shares

SRCL

Jun 16, 2020

Charity

SRCL

286 shares

SRCL

Jun 10, 2020

Charity

SRCL

$375.90K

SRCL at $62.65/share

Feb 3, 2020

Sale

SRCL

$332.82K

SRCL at $55.47/share

Oct 31, 2019

Sale

SRCL

$350.00K

SRCL at $70.00/share

Aug 1, 2018

Sale

SRCL

$353.75K

SRCL at $70.75/share

Jul 27, 2018

Sale

SRCL

$1.90M

SRCL at $110.75/share

Feb 19, 2016

Sale

SRCL

176 shares

SRCL

Feb 18, 2016

Charity

Compensation History

See how much did Daniel V. Ginnetti make over time.

In 2023, Daniel Ginnetti's total compensation reached $2.26 million, which showcases a rewarding structure based on his performance. His salary was approximately $622,218, accompanied by a bonus of around $436,599 primarily tied to key performance indicators like EBIT and Free Cash Flow. He also received RSUs worth about $490,000 that vest based on continued service and performance metrics. This performance-based compensation strategy is designed to keep executives like Ginnetti motivated to achieve the company’s goals while aligning their interests with those of shareholders. His compensation philosophy ensures that as Stericycle grows, so do the rewards for its leadership, creating a clear incentive for driving continued success.

Year

2023

Total Compensation

$1.55M

Salary

$622.22K

Board Justification

The compensation philosophy aims to attract, motivate, and retain highly qualified executives while aligning their compensation with Stericycle’s financial performance and sustained stock price growth.

Bonus

$436.60K

Board Justification

The annual cash performance bonus for 2023 was based 40% on the EBIT Metric, 40% on the Free Cash Flow Metric, and 20% on safety metrics, with a final payout of 94% of target due to performance results.

Other

$3.00K

Board Justification

The amount represents the Company’s 401(k) matching contribution to the NEO.

Restricted Stock

$489.99K(11.44K RSU)

Board Justification

The time-based RSUs granted in 2023 vest in equal annual installments over three years, beginning on the first anniversary of the grant date.

Performance Metrics

The performance metrics for 2023 included EBIT, Free Cash Flow, and safety metrics related to severe vehicle incidents and TRIR frequency.

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Here are other CEOs of Stericycle