In 2022, Michael D. McGarry earned $1.25M in total compensation at Graphic Packaging Holding, primarily from $1.25M salary. Led Graphic Packaging Holding as CEO for 6 years.
Compensation History
Annual executive compensation data for Michael D. McGarry, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.25M
Salary
$1.25M
Bonus
$0.00
Other
$0.00
Salary
$1.25MBoard Justification
The compensation philosophy is designed to attract, retain, motivate, and reward executives, aligning their interests with those of the company's stockholders, with a focus on performance-based compensation.
Bonus
$0.00Board Justification
The Management Incentive Plan (MIP) payout for 2022 was approved at 200% of target based on company performance metrics including Adjusted EBITDA and Cash Flow before Debt Reduction, subject to individual performance adjustments.
Other Compensation
$0.00Board Justification
No additional compensation was reported outside of salary and bonuses for 2022.
Restricted Stock
Board Justification
No stock grants vested in 2022 as the focus is on cash compensation and performance metrics for the year.
Performance Metrics
The performance metrics for determining the CEO's compensation included Adjusted EBITDA and Cash Flow before Debt Reduction.
Michael D. McGarry
Ex-CEO of Graphic Packaging Holding
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
January 1, 1963 - 62 years ago
CEO of Graphic Packaging Holding for
6 years 0 months (Jan 2016 - Jan 2022)
Previous Experience
Former President and Chief Operating Officer of the Company.
Holdings
Track Michael D. McGarry's stock holdings and portfolio value over time.
Insider Trading
Michael D. McGarry's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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