In 2016, Frank S. Hermance earned $1.06M in total compensation at Ametek, including $484.00K salary and $572.00K bonus. Most recently acquired 4,640 shares in Jan 2023. Currently holds stock worth $533.51M. Has donated $15.33M in stock to charitable causes. Led Ametek as CEO for 17 years.
Compensation History
Annual executive compensation data for Frank S. Hermance, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$1.06M
Salary
$484.00K
Bonus
$572.00K
Other
$0.00
Salary
$484.00KBoard Justification
The compensation philosophy is designed to align with competitive market levels and performance incentives, encouraging long-term retention and stakeholder interests.
Bonus
$572.00KBoard Justification
The bonus is based on performance metrics including diluted earnings per share and discretionary factors, with a target bonus percentage of 110% of base salary for Mr. Hermance in 2016.
Other Compensation
$0.00Board Justification
No other compensation was reported for 2016.
Restricted Stock
Board Justification
No stock was vested in 2016 as the focus is on cash compensation and performance bonuses.
Performance Metrics
Performance metrics include diluted earnings per share, organic revenue growth, and discretionary factors related to operational excellence.
Frank S. Hermance
Ex-CEO of Ametek
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1949 - 76 years ago
CEO of Ametek for
17 years 4 months (Jan 1999 - May 2016)
Previous Experience
Chief Executive Officer of the Company since 1999
Other Ametek CEOs
Holdings
Track Frank S. Hermance's stock holdings and portfolio value over time.
Total Stock Sold
$95.90M
$93.65M
2,104,767 AME shares
$2.25M
76,875 UGI shares
What if they kept their stock?
If Frank S. Hermance didn't sell their stock, today they would have:
Extra AME2,104,767 shares worth $420.53M and UGI76,875 shares worth $2.88M.
This is 341.54% and $327.52M more than what they got when they sold the stock.
Charitable Transactions
76,744.5 shares
AME
Recent Charitable Transactions
51,163 shares
AME
Nov 4, 2011
Charity
Insider Trading
Frank S. Hermance's recent stock transactions, purchases, and sales filed with the SEC.
4,640 shares
UGI
Jan 27, 2023
Received
$495.21K
UGI at $38.84/share
Dec 1, 2022
Sale
$2.48M
UGI at $38.15/share
Feb 16, 2022
Purchase
10,810 shares
UGI
Jan 28, 2022
Received
4,110 shares
UGI
Jan 28, 2022
Received
$572.62K
UGI at $44.91/share
Nov 23, 2021
Sale
$300.55K
UGI at $47.15/share
Aug 11, 2021
Sale
5,130 shares
UGI
Jan 29, 2021
Received
5,090 shares
UGI
Jan 22, 2020
Received
$6.42M
UGI at $42.77/share
Nov 14, 2019
Purchase
Rivals
Compare Frank S. Hermance with competitor CEOs and industry peers.
Vicente Reynal
CEO of Ingersoll Rand
2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Tamara S. Newcombe
CEO of Fortive
2023 Compensation
Stock
$0.00
Salary
$725.00K
Bonus
$1.26M
Other
$98.75K
Total Holdings
$5.40M
Jayshree Ullal
CEO of Arista Networks
2024 Compensation
Stock
$52.60M
Salary
$300.00K
Bonus
$250.00K
Other
$0.00
Total Holdings
$80.82M
Mark W. Sheahan
CEO of Graco
2023 Compensation
Stock
$0.00
Salary
$985.00K
Bonus
$1.30M
Other
$26.76K
Total Holdings
$110.45K
Eric D. Ashleman
CEO of IDEX
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$828.00K
Other
$320.21K
Total Holdings
$6.17M