David R. Lumley served as the CEO of Spectrum Brands Holdings from April 2010 until September 2015. He was responsible for steering the company during a time of significant growth and change. Under his leadership, the company focused on expanding...

David R. Lumley served as the CEO of Spectrum Brands Holdings from April 2010 until September 2015. He was responsible for steering the company during a time of significant growth and change. Under his leadership, the company focused on expanding its product lines and improving operational efficiency. Lumley received notable compensation, peaking in 2015 with a total of over $11 million, which included a substantial cash bonus tied to company performance. Interestingly, his compensation included a significant portion in stock options, reflecting a strong alignment with shareholder interests. After stepping down, Lumley remained involved with the company's board, ensuring a smooth transition to his successor. His tenure was marked by strategic moves aimed at enhancing the company's market position, proving his commitment to long-term growth.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Spectrum Brands Holdings CEOs

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David R. Lumley

Ex-CEO of Spectrum Brands Holdings

Sector of Economy

Consumer Defensive

CEO of Spectrum Brands Holdings for

5 years 5 months (Apr 2010 - Sep 2015)

Previous Experience

Unknown

Rivals

Competitors/colleagues of David R. Lumley

Holdings

See how much did David R. Lumley make over time.

During his tenure as CEO of Spectrum Brands, David R. Lumley held substantial stock and stock options in the company. His holdings peaked in 2015 when his total compensation reached over $11 million. A significant portion of this was stock-based,...

During his tenure as CEO of Spectrum Brands, David R. Lumley held substantial stock and stock options in the company. His holdings peaked in 2015 when his total compensation reached over $11 million. A significant portion of this was stock-based, particularly linked to performance metrics like adjusted EBITDA. This structure incentivized Lumley to focus on the company's long-term growth and profitability. Despite fluctuations in stock prices over the years, his wealth remained tied closely to the performance of Spectrum Brands, showing that he had significant skin in the game for the company’s success. After his departure, he would have still had vested interests that aligned with the company's future performance.

Mar 17, 2025

S

shares

SPB @ $72.53

V

shares

VAL @ $38.74

Total Stock Sold

$32.79M

SPB

$32.79M

84,953.272 SPB shares

What if they kept their stock?

If David R. Lumley didn't sell their stock, today they would have:
Extra SPB84,953.272 shares worth $4.18M.
This is -87.24% and $28.61M less than what they got when they sold the stock.

Charitable Transactions

SPB

171.731 shares

SPB

Recent Charitable Transactions

SPB

1,065 shares

SPB

Dec 5, 2014

Charity

Insider Trading

See recent insider trades of David R. Lumley.

VAL

$47.94K

VAL at $71.88/share

Sep 30, 2015

Received

SPB

$965.40K

SPB at $96.54/share

Sep 21, 2015

Sale

SPB

$985.60K

SPB at $98.56/share

Aug 20, 2015

Sale

SPB

$1.03M

SPB at $103.42/share

Jul 20, 2015

Sale

SPB

$1.02M

SPB at $101.63/share

Jun 22, 2015

Sale

VAL

$105.01K

VAL at $83.87/share

Jun 10, 2015

Received

SPB

$957.30K

SPB at $95.73/share

May 20, 2015

Sale

SPB

$871.50K

SPB at $87.15/share

Apr 20, 2015

Sale

SPB

$931.20K

SPB at $93.12/share

Mar 20, 2015

Sale

SPB

$932.40K

SPB at $93.24/share

Feb 20, 2015

Sale

Compensation History

See how much did David R. Lumley make over time.

David R. Lumley's compensation as CEO of Spectrum Brands Holdings varied significantly over his tenure. In 2015, he peaked at over $11 million, which included a base salary, a sizable performance bonus, and substantial stock-based earnings. This approach helped align his interests with those of the shareholders. In the years leading up to his departure, Lumley earned increasing bonuses tied directly to the company's financial performance, reflecting his role in its growth. The company's focus on performance metrics like adjusted EBITDA and Free Cash Flow significantly influenced his annual payments. Interestingly, Lumley's compensation strategy was designed to both attract top executive talent and ensure that their interests aligned with those of the stockholders.

Year

2015

Total Compensation

$5.15M

Salary

$945.00K

Board Justification

The Company aims to align executive compensation with performance and shareholder interests, providing a mix of salary, bonuses, and equity awards to incentivize long-term success.

Bonus

$1.15M

Board Justification

Reflects annual MIP bonus earned based on Fiscal 2015 performance. Payment is subject to the requirements of Section 409A of the Internal Revenue Code.

Other

$20.44K

Board Justification

Includes car allowance and other benefits provided during employment.

Restricted Stock

$3.03M(3.03M RSU)

Board Justification

Reflects equity value using a stock price of $91.51, which was the Company’s closing price on September 30, 2015. 50% of the Fiscal 2014 EIP award (the unvested portion of the 2014 EIP award) and all RSUs earned under the Spectrum 750 award vested immediately. The executive’s Fiscal 2015 EIP award has been forfeited.

Performance Metrics

The performance metrics for the CEO's compensation in 2015 included adjusted EBITDA and Free Cash Flow targets.

Other Spectrum Brands Holdings CEOs

Here are other CEOs of Spectrum Brands Holdings

Andreas Rouve

Ex-CEO of Spectrum Brands Holdings

September 2015 - January 2017