In 2023, Michael A. Reilly earned $596.39K in total compensation at SPX Technologies, including $451.05K salary and $121.78K bonus. Most recently acquired 3,993 shares in Feb 2023. Currently holds stock worth $23.75M.
Compensation History
Annual executive compensation data for Michael A. Reilly, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$596.39K
Salary
$451.05K
Bonus
$121.78K
Other
$23.55K
Salary
$451.05KBoard Justification
The compensation philosophy is designed to align executive pay with company performance and market benchmarks, focusing on retention and performance incentives.
Bonus
$121.78KBoard Justification
Based on corporate performance results, awards under the Executive Bonus Program were paid at 200% of target, prorated for Mr. Reilly's length of service prior to retirement.
Other Compensation
$23.55KBoard Justification
Includes matching contributions to retirement plans and other benefits.
Restricted Stock
Board Justification
Mr. Reilly did not receive any stock awards in 2023 as he was not an active executive during the grant period.
Performance Metrics
The performance metrics for the bonus were based on adjusted operating income, adjusted free cash flow, and adjusted revenue.
Michael A. Reilly
Ex-CEO of SPX Technologies
Education
Bachelor of Business Administration in Accounting from Loyola University Maryland
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Industrials
Born
January 1, 1964 - 61 years ago
CEO of SPX Technologies for
0 years 3 months (Sep 2022 - Jan 2023)
Previous Experience
Chief Accounting Officer, Corporate Controller at SPX Corporation
Other SPX Technologies CEOs
Holdings
Track Michael A. Reilly's stock holdings and portfolio value over time.
Total Stock Sold
$3.74M
$3.74M
112,859 SPXC shares
What if they kept their stock?
If Michael A. Reilly didn't sell their stock, today they would have:
Extra SPXC112,859 shares worth $23.55M.
This is 529.76% and $19.81M more than what they got when they sold the stock.
Insider Trading
Michael A. Reilly's recent stock transactions, purchases, and sales filed with the SEC.
3,993 shares
SPXC
Feb 20, 2023
Received
2,238 shares
SPXC
Feb 21, 2022
Received
$6.14K
SPXC at $66.70/share
Nov 8, 2021
Sale
5,384 shares
SPXC
Mar 1, 2021
Received
1,630 shares
SPXC
Feb 22, 2021
Received
$848.45K
SPXC at $41.54/share
Aug 7, 2020
Sale
1,776 shares
SPXC
Feb 21, 2020
Received
5,879 shares
SPXC
Feb 20, 2020
Received
$1.50M
SPXC at $32.71/share
May 9, 2019
Sale
$168.31K
SPXC at $36.51/share
Feb 22, 2019
Received
Rivals
Compare Michael A. Reilly with competitor CEOs and industry peers.
Vicente Reynal
CEO of Ingersoll Rand
2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Gunnar Kleveland
CEO of Albany International Inc.
2023 Compensation
Stock
$507.48K
Salary
$300.00K
Bonus
$3.30M
Other
$139.67K
Total Holdings
$582.87K
Tod E. Carpenter
CEO of Donaldson Company
2022 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$1.28M
Other
$182.89K
Total Holdings
$850.82K
Bob Pragada
CEO of Jacobs Solutions
2023 Compensation
Stock
$1.50M
Salary
$1.00M
Bonus
$500.00K
Other
$200.00K
Total Holdings
$39.47M