In 2023, Jon Vander Ark earned $15.27M in total compensation at Republic Services, including $1.11M salary, $2.59M bonus and $11.30M in stock. Most recently sold 5,446 shares in Mar 2024. Currently holds stock worth $23.81M. Has donated $4.83M in stock to charitable causes. 4+ years at the helm of Republic Services.
Compensation History
Annual executive compensation data for Jon Vander Ark, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$15.27M
Salary
$1.11M
Bonus
$2.59M
Other
$262.47K
Salary
$1.11MBoard Justification
The compensation philosophy is designed to attract, retain, and motivate executives to drive financial success and shareholder value creation through a performance-based compensation program.
Bonus
$2.59MBoard Justification
The annual cash incentive payout for 2023 was based on performance metrics including EPS and FCF, with an actual payout of 226% of target due to exceeding performance goals.
Other Compensation
$262.47KBoard Justification
Other compensation includes matching contributions to the 401(k) plan, retirement contributions to the Deferred Compensation Plan, life insurance premiums, and perquisites including the incremental cost of providing Company-owned aircraft for non-business travel.
Restricted Stock
Board Justification
The stock awards that vested in 2023 include both RSUs and PSUs, with a total value realized on vesting of $11,298,609 based on the closing price of the stock on the vesting date.
Performance Metrics
The performance metrics for 2023 included EPS and FCF measures, with a sustainability modifier affecting the annual incentive payouts.
Jon Vander Ark
CEO of Republic Services
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1975 - 50 years ago
CEO of Republic Services for
4 years 5 months (Jun 2021 - Present)
Previous Experience
President of Republic Services, Inc.
Other Republic Services CEOs
Holdings
Track Jon Vander Ark's stock holdings and portfolio value over time.
Total Stock Sold
$6.73M
$6.73M
64,306 RSG shares
What if they kept their stock?
If Jon Vander Ark didn't sell their stock, today they would have:
Extra RSG64,306 shares worth $13.92M.
This is 107.04% and $7.20M more than what they got when they sold the stock.
Charitable Transactions
22,317 shares
RSG
Recent Charitable Transactions
5,446 shares
RSG
Mar 1, 2024
Charity
7,048 shares
RSG
Aug 15, 2022
Charity
7,048 shares
RSG
Aug 8, 2022
Charity
2,775 shares
RSG
Mar 26, 2018
Charity
Insider Trading
Jon Vander Ark's recent stock transactions, purchases, and sales filed with the SEC.
5,446 shares
RSG
Mar 1, 2024
Charity
$1.00M
RSG at $184.10/share
Mar 1, 2024
Sale
27,361 shares
RSG
Mar 1, 2024
Received
$1.32M
RSG at $131.96/share
Feb 17, 2023
Received
7,048 shares
RSG
Aug 15, 2022
Charity
$2.01M
RSG at $142.68/share
Aug 8, 2022
Sale
7,048 shares
RSG
Aug 8, 2022
Charity
7,048 shares
RSG
Aug 8, 2022
Charity
$1.11M
RSG at $120.18/share
Feb 11, 2022
Received
$859.35K
RSG at $88.96/share
Feb 23, 2021
Received
Rivals
Compare Jon Vander Ark with competitor CEOs and industry peers.
James C. Fish, Jr.
CEO of Waste Management
2023 Compensation
Stock
$23.48M
Salary
$1.40M
Bonus
$2.64M
Other
$246.84K
Total Holdings
$10.44M
Ronald J. Mittelstaedt
Founder and CEO of Waste Connections
2019 Compensation
Stock
$1.20M
Salary
$600.00K
Bonus
$300.00K
Other
$50.00K
Total Holdings
$88.71M
Edmond R. Coletta
CEO of Casella Waste Systems
2023 Compensation
Stock
$2.12M
Salary
$483.13K
Bonus
$241.76K
Other
$15.67K
Total Holdings
$34.75M
Daniel S. Glaser
CEO of Marsh & McLennan Companies
2023 Compensation
Stock
$5.78M
Salary
$1.40M
Bonus
$6.00M
Other
$329.85K
Total Holdings
$10.17M