In 2018, Gregg J. Mollins earned $12.17M in total compensation at Reliance, including $1.12M salary and $10.67M in stock. Most recently sold 25,000 shares in May 2019. Currently holds stock worth $101.44M. Led Reliance as CEO for 3 years.
Compensation History
Annual executive compensation data for Gregg J. Mollins, including salary, bonuses, and stock awards.
Year
2018
Total Compensation
$12.17M
Salary
$1.12M
Bonus
$0.00
Other
$381.80K
Salary
$1.12MBoard Justification
The compensation philosophy is designed to align executive compensation with company performance, motivate executives to deliver financial results, and attract and retain key executive talent.
Bonus
$0.00Board Justification
No bonus was reported for 2018.
Other Compensation
$381.80KBoard Justification
Other compensation includes contributions to retirement plans and other benefits.
Restricted Stock
Board Justification
The value of the vested stock is based on the grant date fair value of the target number of restricted stock units awarded in 2018, calculated at the closing price of the Company’s common stock on the vesting date.
Performance Metrics
The performance metrics for 2018 included achieving a pretax income margin of at least 3% for cash incentive payouts.
Gregg J. Mollins
Ex-CEO of Reliance
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Basic Materials
Born
January 1, 1959 - 66 years ago
CEO of Reliance for
3 years 7 months (May 2015 - Dec 2018)
Previous Experience
Chief Operating Officer
Other Reliance CEOs
Holdings
Track Gregg J. Mollins's stock holdings and portfolio value over time.
Total Stock Sold
$28.68M
$28.68M
381,769 RS shares
What if they kept their stock?
If Gregg J. Mollins didn't sell their stock, today they would have:
Extra RS381,769 shares worth $103.16M.
This is 259.73% and $74.48M more than what they got when they sold the stock.
Insider Trading
Gregg J. Mollins's recent stock transactions, purchases, and sales filed with the SEC.
$2.30M
RS at $91.81/share
May 3, 2019
Sale
$4.41M
RS at $89.37/share
Mar 1, 2019
Sale
$853.49K
RS at $90.05/share
Feb 25, 2019
Sale
97,760 shares
RS
Feb 25, 2019
Received
17,110 shares
RS
Mar 27, 2018
Received
$2.82M
RS at $92.83/share
Mar 6, 2018
Sale
60,160 shares
RS
Mar 2, 2018
Received
$853.06K
RS at $94.89/share
Feb 20, 2018
Sale
16,670 shares
RS
Mar 28, 2017
Received
$116.30K
RS at $81.10/share
Feb 27, 2017
Sale
Rivals
Compare Gregg J. Mollins with competitor CEOs and industry peers.
Edward J. Lehner
CEO of Ryerson Holding Corporation
2022 Compensation
Stock
$0.00
Salary
$1.04M
Bonus
$1.20M
Other
$58.41K
Total Holdings
$1.50M
Mark D. Millett
Founder and CEO of Steel Dynamics
2023 Compensation
Stock
$0.00
Salary
$1.49M
Bonus
$5.18M
Other
$83.08K
Total Holdings
$774.15M
J. Kent Masters
CEO of Albemarle
2023 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$1.92M
Other
$483.59K
Total Holdings
$18.12M
Tony R. Thene
CEO of Carpenter Technology
2022 Compensation
Stock
$3.79M
Salary
$970.90K
Bonus
$0.00
Other
$154.69K
Total Holdings
$1.01M