David A. Schawk is the former Chief Executive Officer of Matthews International Corporation, a position he held from July 2014 until November 2019. With a Bachelor’s Degree in Business Administration, Schawk combines education with extensive experience, having previously served as...
David A. Schawk is the former Chief Executive Officer of Matthews International Corporation, a position he held from July 2014 until November 2019. With a Bachelor’s Degree in Business Administration, Schawk combines education with extensive experience, having previously served as the CEO of SGK since 1993 before its acquisition by Matthews. During his time at Matthews, his total reported compensation peaked at $6.92 million in 2019, mainly driven by a long-term incentive package that included vesting of restricted stock units worth over $2.87 million. Schawk's leadership saw fluctuations in his insider holdings; notably, his investments were valued as high as $7.81 million in January 2020, reflecting a keen interest in aligning with shareholder interests. He has also been part of special shareholder agreements that underscore his family's involvement in company affairs, emphasizing a commitment to growth and sustainability. Schawk’s tenure wasn't without challenges; his bonus for 2019 was zero, indicating performance thresholds were not met. Despite such hurdles, his strategic vision for Matthews helped pave the way for future initiatives.