Sundar PichaiSundar Pichai earned $164M in 2023

Michael E. Daniels has been at the helm of SS&C Technologies since 2013, making a mark with a focus on finance and operational excellence. Under his leadership, the company has adapted and evolved, particularly in performance-driven environments, indicated by a...

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Michael E. Daniels

Founder and CEO of Nicolet Bankshares

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1965 - 60 years ago

CEO of Nicolet Bankshares for

4 years 1 month (Apr 2021 - Present)

Previous Experience

President and Chief Executive Officer of Nicolet Bank

Holdings

See how much did Michael E. Daniels make over time.

In terms of stock holdings, Michael E. Daniels experienced fluctuations typical of tech executives. Between 2019 and 2020, his holdings peaked, reaching around $23.91 million in February 2020 before gradually tapering to about $18 million at the end of 2020....

Mar 17, 2025

Total Stock Sold

$2.40M

SSNC

$2.40M

38,500 SSNC shares

What if they kept their stock?

If Michael E. Daniels didn't sell their stock, today they would have:
Extra SSNC38,500 shares worth $2.31M.
This is -3.75% and $90.08K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Michael E. Daniels.

SSNC

$376.88K

SSNC at $62.81/share

May 8, 2024

Sale

JCI

2,843 shares

JCI

Mar 9, 2023

Received

JCI

2,786 shares

JCI

Mar 9, 2022

Received

JCI

2,864 shares

JCI

Mar 11, 2021

Received

SSNC

$2.03M

SSNC at $62.52/share

Aug 19, 2020

Sale

JCI

4,507 shares

JCI

Mar 4, 2020

Received

JCI

$154.99K

JCI at $35.67/share

Mar 6, 2019

Received

JCI

4,119 shares

JCI

Mar 8, 2018

Received

JCI

3,797 shares

JCI

Mar 9, 2017

Received

Compensation History

See how much did Michael E. Daniels make over time.

Michael E. Daniels' compensation has seen significant changes throughout his time as CEO of SS&C Technologies. In the current year, 2023, his total pay dropped to $1.02 million, primarily a salary, as performance metrics failed to meet expectations, resulting in no bonuses or stock awards. This is a notable decrease from previous years like 2020, when he earned nearly $14.3 million due to substantial performance bonuses from the company's strong performance. It highlights SS&C's pay-for-performance philosophy, where leadership compensation is deeply tied to achieving set business goals. In years past, while the company thrived and his pay soared, 2023 illustrated the direct consequences of unmet performance targets on executive compensation.

Year

2023

Total Compensation

$1.02M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes performance-based pay aligned with company performance and shareholder interests, with a focus on retaining top talent.

Bonus

$0.00

Board Justification

No annual bonus was awarded for 2023 due to performance metrics not being met.

Other

$20.00K

Board Justification

Other compensation includes 401(k) match and life insurance premiums.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the performance conditions were not met for the PSUs granted in prior years.

Performance Metrics

Performance metrics for 2023 included adjusted revenue, organic revenue growth, operating cash flow, and adjusted consolidated EBITDA.

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