In 2016, Joseph C. Muscari earned $1.00M in total compensation at Minerals Technologies, primarily from $1.00M salary. Most recently acquired 2,440 shares in Aug 2016. Currently holds stock worth $23.81M. Has donated $1.40M in stock to charitable causes. Led Minerals Technologies as CEO for 8 years.
Compensation History
Annual executive compensation data for Joseph C. Muscari, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$1.00M
Salary
$1.00M
Bonus
$0.00
Other
$0.00
Salary
$1.00MBoard Justification
The compensation program is designed to reward the achievement of the short-term and long-term objectives of the Company, and that compensation should be related to the value created for its shareholders.
Bonus
$0.00Board Justification
No annual incentive payout for Mr. Muscari for 2016 due to his passing in September 2016.
Other Compensation
$0.00Board Justification
No additional compensation reported for Mr. Muscari for 2016 due to his passing.
Restricted Stock
Board Justification
All 2016 awards of stock options and DRSUs to Mr. Muscari, which were unvested at the time of his death, terminated in accordance with the terms of our Stock Award and Incentive Plan.
Performance Metrics
The performance metrics for 2016 included Operating Income (OI) and Return on Capital (ROC), which were key drivers of shareholder value.
Joseph C. Muscari
Ex-CEO of Minerals Technologies
Education
B.S. in Industrial Engineering from the University of Pittsburgh
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Basic Materials
Born
November 20, 1947 - 78 years ago
CEO of Minerals Technologies for
8 years 11 months (Mar 2007 - Feb 2016)
Previous Experience
Executive Vice President at Alcoa Inc.
Holdings
Track Joseph C. Muscari's stock holdings and portfolio value over time.
Charitable Transactions
24,000 shares
MTX
Recent Charitable Transactions
24,000 shares
MTX
Sep 25, 2014
Charity
Insider Trading
Joseph C. Muscari's recent stock transactions, purchases, and sales filed with the SEC.
2,440 shares
ENS
Aug 15, 2016
Received
51.209 shares
ENS
Jun 24, 2016
Received
54.28 shares
ENS
Mar 25, 2016
Received
52.619 shares
ENS
Dec 24, 2015
Received
58.045 shares
ENS
Sep 25, 2015
Received
3,267 shares
ENS
Aug 10, 2015
Received
33.821 shares
ENS
Jun 26, 2015
Received
37.724 shares
ENS
Mar 27, 2015
Received
38.969 shares
ENS
Dec 26, 2014
Received
39.962 shares
ENS
Sep 26, 2014
Received
Rivals
Compare Joseph C. Muscari with competitor CEOs and industry peers.
Sean D. Keohane
CEO of Cabot Corporation
2023 Compensation
Stock
$0.00
Salary
$1.08M
Bonus
$1.05M
Other
$235.25K
Total Holdings
$7.85M
Patrick S. Williams
CEO of Innospec
2009 Compensation
Stock
$0.00
Salary
$675.28K
Bonus
$1.05M
Other
$89.03K
Total Holdings
$617.19K
Rakesh Sachdev
CEO of Element Solutions
2022 Compensation
Stock
$2.33M
Salary
$1.00M
Bonus
$231.00K
Other
$46.63K
Total Holdings
$4.05M
Mark J. Costa
CEO of Eastman Chemical
2022 Compensation
Stock
$1.00
Salary
$1.00
Bonus
$1.00
Other
$1.00
Total Holdings
$302.03K
Christopher Rossi
CEO of Kennametal
2022 Compensation
Stock
$0.00
Salary
$962.06K
Bonus
$195.84K
Other
$0.00
Total Holdings
$1.43M