Sundar PichaiSundar Pichai earned $164M in 2023

Michael C. Arnold was the President and CEO of Ryerson Holding Corporation from January 2011 until his retirement in May 2015. Before joining Ryerson, Arnold held significant roles at The Timken Company, where he oversaw their Bearings and Power Transmission...

Quick Links
R

Michael C. Arnold

Ex-CEO of Ryerson Holding Corporation

Field of Expertise

Manufacturing & Industrial - Manufacturing

Sector of Economy

Industrials

CEO of Ryerson Holding Corporation for

4 years 11 months (Jan 2011 - Dec 2015)

Previous Experience

Executive Vice President for The Timken Company

Holdings

See how much did Michael C. Arnold make over time.

During his time at Ryerson, Michael C. Arnold made numerous trades in company stock, showcasing his belief in the company's trajectory. For instance, in late 2019, he sold stocks totaling around $622.56K to $804.01K each month, indicating strong confidence in...

Loading...

Insider Trading

See recent insider trades of Michael C. Arnold.

RYI

$199.80K

RYI at $9.99/share

Nov 17, 2014

Purchase

RYI

$385.00K

RYI at $11.00/share

Aug 13, 2014

Purchase

AGCO

2,094 shares

AGCO

Apr 24, 2014

Received

Compensation History

See how much did Michael C. Arnold make over time.

Michael C. Arnold's compensation at Ryerson saw a trajectory that reflects his responsibilities as CEO. In 2015, his total compensation hit about $1.84 million, primarily composed of a $772,500 salary and retirement-related benefits after stepping down. His incentives were structured around performance metrics, which aligned his financial rewards with the company's success, a common strategy in corporate leadership. Previously, in 2014, he earned significantly less, around $788,838, and in 2013, he had a notable year with $0 reported, but substantial stock grants of 10 million performance units. These units made a substantial impact by vesting over time and emphasized a focus on long-term results over short-term gains. Arnold's compensation method mirrored his strategic outlook—aiming for sustainable growth while motivating teams to achieve crucial performance targets.

Year

2015

Total Compensation

$785.36K

Salary

$772.50K

Board Justification

The compensation philosophy of Ryerson is to align executive compensation with performance and market competitiveness, ensuring that it attracts and retains talented executives while promoting long-term value creation.

Bonus

$0.00

Board Justification

Due to his retirement effective May 31, 2015, Mr. Arnold was not eligible for a bonus under the Annual Incentive Plan for 2015, resulting in no payout.

Other

$12.86K

Board Justification

This includes $10,596 of matching contributions under the 401(k) Plan and $2,262 for life insurance premiums for coverage in excess of $50,000.

Restricted Stock

$0.00(0 N/A)

Board Justification

Mr. Arnold did not receive any stock grants in 2015 as he retired before any grants were made.

Performance Metrics

The performance metrics for the CEO's compensation are based on the company's achievement of specified financial performance targets.