Sundar PichaiSundar Pichai earned $164M in 2023

Joseph C. Bartolacci, born in 1960, has a solid background in business. He earned his Bachelor's Degree in Business Administration and has held significant roles in Matthews International Corp since 2005. He became CEO in 2006, guiding the company through...

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Joseph C. Bartolacci

Ex-CEO of Matthews International

Education

Bachelor's Degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1960 - 65 years ago

CEO of Matthews International for

4 years 9 months (Oct 2006 - Jul 2011)

Previous Experience

President of Casket Division, Executive Vice President of Matthews

Rivals

Competitors/colleagues of Joseph C. Bartolacci

Holdings

See how much did Joseph C. Bartolacci make over time.

Joseph C. Bartolacci's insider trading has shown noteworthy fluctuations in his wealth management. Since 2019, he has actively traded stocks, starting from a valuation of around $12.73 million in September 2019, with his holdings rising steadily to $16.95 million by...

Mar 11, 2025

Total Stock Sold

$7.87M

MATW

$7.87M

168,168 MATW shares

What if they kept their stock?

If Joseph C. Bartolacci didn't sell their stock, today they would have:
Extra MATW168,168 shares worth $3.68M.
This is -53.23% and $4.19M less than what they got when they sold the stock.

Charitable Transactions

MATW

8,925 shares

MATW

Recent Charitable Transactions

MATW

7,275 shares

MATW

Dec 19, 2023

Charity

MATW

1,650 shares

MATW

Dec 21, 2022

Charity

Insider Trading

See recent insider trades of Joseph C. Bartolacci.

FHI

2,400 shares

FHI

Apr 26, 2024

Received

MATW

7,275 shares

MATW

Dec 19, 2023

Charity

FHI

2,400 shares

FHI

Apr 28, 2023

Received

MATW

1,650 shares

MATW

Dec 21, 2022

Charity

MATW

$301.70K

MATW at $30.17/share

Nov 17, 2022

Sale

FHI

2,350 shares

FHI

Apr 29, 2022

Received

FHI

2,250 shares

FHI

Apr 30, 2021

Received

MATW

$145.80K

MATW at $29.16/share

Nov 23, 2020

Sale

FHI

2,250 shares

FHI

May 1, 2020

Received

MATW

67,500 shares

MATW

Nov 15, 2017

Received

Compensation History

See how much did Joseph C. Bartolacci make over time.

Joseph C. Bartolacci's compensation at Matthews International has varied significantly over the years. In 2011, he earned a total of $2,707,860, which included a base salary of $669,231, a sizable portion in the form of vested stock, totaling approximately $1,251,055. His pay structure is mainly performance-based, meaning his bonus can drastically change year by year depending on how well the company performs against set goals. For example, in 2010 he received a large cash bonus of $851,049 based on the company's strong results, while in 2019, he did not receive any bonus as performance did not meet the targets. This fluctuation reflects the company’s push towards a performance-driven culture, intending to align the interests of its executives with those of its shareholders. Bartolacci's ultimate aim is to ensure that executives are motivated by the same targets that drive value for the shareholders.

Year

2011

Total Compensation

$2.01M

Salary

$669.23K

Board Justification

The compensation philosophy emphasizes performance-based compensation elements while providing fixed compensation (base salary) commensurate with the market, aiming to attract, retain, and motivate highly-qualified executives.

Bonus

$0.00

Board Justification

Mr. Bartolacci did not receive incentive compensation for fiscal 2012 due to not meeting minimum performance thresholds.

Other

$93.07K

Board Justification

Other compensation includes supplemental life insurance coverage, costs associated with personal use of a vehicle leased by the Company, and in certain circumstances, club dues and financial counseling and tax preparation services.

Restricted Stock

$1.25M(1.25M restricted shares)

Board Justification

The stock awards reflect the grant date fair value of awards of restricted shares of the Company’s Common Stock granted during fiscal 2012, computed in accordance with Financial Accounting Standards Board ASC Topic 718.

Performance Metrics

The performance metrics for determining Mr. Bartolacci's compensation included net income and economic value added performance of the Company.