In 2023, Michael H. Sullivan earned $4.17M in total compensation at RPM International, including $1.07M salary, $1.58M bonus and $1.27M in stock. Most recently acquired 6,197 shares in Jul 2021. Currently holds stock worth $1.22M. 4+ years at the helm of RPM International.
Compensation History
Annual executive compensation data for Michael H. Sullivan, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$4.17M
Salary
$1.07M
Bonus
$1.58M
Other
$250.54K
Salary
$1.07MBoard Justification
The compensation philosophy is performance-based, aligning executive compensation with the achievement of strong operating and financial results that enhance stockholder value.
Bonus
$1.58MBoard Justification
Annual cash incentive compensation based on performance metrics for fiscal 2024, paid in July 2024.
Other Compensation
$250.54KBoard Justification
Includes 401(k) matching contributions, automobile allowance, life insurance premiums, matched charitable contributions, and financial consulting fees.
Restricted Stock
Board Justification
Performance Earned Restricted Stock (PERS) awarded based on the level of attainment of fiscal 2024 performance goals, determined in July 2024.
Performance Metrics
Key performance metrics include EBIT margin, revenue growth, working capital ratio, and gross profit margin.
Michael H. Sullivan
CEO of RPM International
Sector of Economy
Basic Materials
CEO of RPM International for
4 years 1 month (Oct 2021 - Present)
Previous Experience
Unknown
Other RPM International CEOs
Holdings
Track Michael H. Sullivan's stock holdings and portfolio value over time.
Insider Trading
Michael H. Sullivan's recent stock transactions, purchases, and sales filed with the SEC.
6,197 shares
RPM
Jul 21, 2021
Received
5,457 shares
RPM
Jul 22, 2020
Received
Rivals
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Bonus
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Other
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