Mark C. Miller is the President and CEO of Stericycle Inc., a company he has led since May 2019, following his roles as COO and President. He's not just experienced in healthcare waste management; he also has a rich background...

Mark C. Miller is the President and CEO of Stericycle Inc., a company he has led since May 2019, following his roles as COO and President. He's not just experienced in healthcare waste management; he also has a rich background in logistics from his time at United Parcel Service (UPS). Mark has worked at UPS for over 30 years, where he held various key positions, including President of Global Freight Forwarding and President of UPS's European region. Under his leadership, Stericycle has expanded its commitment to managing medical waste, especially during the COVID-19 pandemic, where the company's services became crucial in safely disposing of medical waste generated from testing and vaccinations. In 2023, Mark's total compensation was approximately $7.3 million, highlighting the strong performance metrics tied to his salary and bonuses. He has a proven track record in transforming businesses for growth and aligning them with long-term goals. His approach to leadership combines operational expertise with a deep understanding of industry challenges, making him an essential figure in Stericycle's ongoing evolution.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Stericycle CEOs

S

Mark C. Miller

CEO of Stericycle

Sector of Economy

Industrials

Born

July 30, 2024 - 0 years ago

CEO of Stericycle for

9 years 0 months (May 2016 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Mark C. Miller

Holdings

See how much did Mark C. Miller make over time.

Mark holds significant shares in Stericycle, reflecting his long-term commitment to the company’s success. Over the years, he has consistently acquired shares through various compensation incentives, including performance-based stocks. His wealth tied to Stericycle’s performance has experienced fluctuations, with pivotal...

Mark holds significant shares in Stericycle, reflecting his long-term commitment to the company’s success. Over the years, he has consistently acquired shares through various compensation incentives, including performance-based stocks. His wealth tied to Stericycle’s performance has experienced fluctuations, with pivotal increases in his holdings correlating with the company's recovery and growth phases. For example, in earlier years he had approximately $3.1 million in vested stocks, which has recently appreciated due to strategic leadership initiatives. Miller's connections to the company's stock price illustrate a clear link between his performance and the value shareholders can expect.

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Total Stock Sold

$141.70M

SRCL

$141.70M

1,647,842 SRCL shares

What if they kept their stock?

If Mark C. Miller didn't sell their stock, today they would have:
Extra SRCL1,647,842 shares worth $100.19M.
This is -29.3% and $41.51M less than what they got when they sold the stock.

Charitable Transactions

SRCL

52,939 shares

SRCL

Recent Charitable Transactions

SRCL

23,836 shares

SRCL

Sep 12, 2016

Charity

SRCL

1,073 shares

SRCL

Mar 30, 2015

Charity

SRCL

14,800 shares

SRCL

Dec 19, 2014

Charity

SRCL

430 shares

SRCL

Dec 6, 2013

Charity

SRCL

12,800 shares

SRCL

Oct 31, 2012

Charity

Insider Trading

See recent insider trades of Mark C. Miller.

SRCL

$14.89M

SRCL at $57.18/share

Apr 8, 2019

Sale

SRCL

$4.25M

SRCL at $65.08/share

Jul 3, 2018

Sale

SRCL

$6.19M

SRCL at $65.05/share

Jul 2, 2018

Sale

SRCL

$1.33M

SRCL at $67.43/share

Dec 4, 2017

Sale

SRCL

$1.25M

SRCL at $63.33/share

Nov 27, 2017

Sale

SRCL

$1.26M

SRCL at $64.03/share

Nov 13, 2017

Sale

SRCL

$1.39M

SRCL at $70.52/share

Oct 30, 2017

Sale

SRCL

23,836 shares

SRCL

Sep 12, 2016

Charity

SRCL

$508.99K

SRCL at $76.23/share

Dec 13, 2016

Sale

SRCL

$479.99K

SRCL at $71.89/share

Dec 6, 2016

Sale

Compensation History

See how much did Mark C. Miller make over time.

In 2023, Mark C. Miller's compensation was notably high, amounting to $7.3 million. This included a base salary of about $1.08 million, bolstered by performance incentives like bonuses totaling over $1.3 million, based on key financial metrics such as EBIT and safety records. He also received substantial stock awards valued at approximately $2 million, representing his commitment to long-term growth. Comparatively, his compensation has varied over the years, peaking in 2023 after a period of financial recovery for the company. His pay package ties directly to the performance of Stericycle, with the philosophy aiming to align executive rewards with shareholder value, which underscores his active role in the company's strategic direction and operational efficiency.

Year

2023

Total Compensation

$4.41M

Salary

$1.08M

Board Justification

To attract, motivate, and retain highly qualified executive officers while linking a substantial portion of compensation to Stericycle’s financial performance and sustained stock price growth.

Bonus

$1.31M

Board Justification

Annual cash performance bonuses based on EBIT Metric (40%), Free Cash Flow Metric (40%), and Safety Metrics (20%).

Other

$3.00K

Board Justification

401(k) matching contribution.

Restricted Stock

$2.02M(47.29K RSU)

Board Justification

Time-based RSUs vesting in equal annual installments over three years, beginning on the first anniversary of the grant date.

Performance Metrics

Annual EBIT Metric, Annual Free Cash Flow Metric, and Safety Metrics.

Other Stericycle CEOs

Here are other CEOs of Stericycle

Daniel V. Ginnetti

CEO of Stericycle

August 2014 - Invalid Date

Richard J. Hoffman

CEO of Stericycle

May 2017 - Present