Alexander KarpAlexander Karp earned $1B in 2024

In 2019, Michael H. Thaman earned $3.34M in total compensation at Owens Corning, including $965.91K salary, $282.02K bonus and $2.00M in stock. Most recently acquired 114 shares in Jul 2024. Currently holds stock worth $96.08M. Has donated $15.46M in stock to charitable causes. Has led Owens Corning for over 18 years.

Compensation History

Annual executive compensation data for Michael H. Thaman, including salary, bonuses, and stock awards.

Year

2019

Total Compensation

$3.34M

Salary

$965.91K

Bonus

$282.02K

Other

$88.93K

Salary

$965.91K

Board Justification

The compensation philosophy aligns executive compensation with long-term stockholder value, emphasizing performance-based pay.

Bonus

$282.02K

Board Justification

Bonus based on the Committee and Lead Independent Director’s assessment of Mr. Thaman’s impact on the success of the Company’s new CEO.

Other Compensation

$88.93K

Board Justification

Includes contributions made by the Company to the qualified savings plan and nonqualified deferred compensation plan.

Restricted Stock

$2.00M2M RSU

Board Justification

Restricted stock units awarded during 2019, vesting 25% per year over four years, based on continued employment.

Performance Metrics

Compensation is linked to corporate performance metrics including adjusted EBIT and individual performance assessments.

O

Michael H. Thaman

CEO of Owens Corning

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

November 30, 1963 - 62 years ago

CEO of Owens Corning for

18 years 0 months (Dec 2007 - Present)

Previous Experience

Chairman of the Board, Chief Financial Officer, President of the Company's Exterior Systems business in North America, and of its Engineered Pipe business in Europe.

Holdings

Track Michael H. Thaman's stock holdings and portfolio value over time.

Total Stock Sold

$55.99M

OC

$55.99M

948,700 OC shares

What if they kept their stock?

If Michael H. Thaman didn't sell their stock, today they would have:
Extra OC948,700 shares worth $107.80M.
This is 92.54% and $51.81M more than what they got when they sold the stock.

Charitable Transactions

OC

136,072 shares

OC

Recent Charitable Transactions

OC

52,400 shares

OC

Jan 17, 2018

Charity

OC

43,615 shares

OC

Dec 9, 2016

Charity

OC

40,057 shares

OC

May 5, 2011

Charity

Insider Trading

Michael H. Thaman's recent stock transactions, purchases, and sales filed with the SEC.

SHW

$33.75K

SHW at $295.50/share

Jul 5, 2024

Received

ULS

$249.98K

ULS at $28.00/share

Apr 16, 2024

Purchase

SHW

$33.75K

SHW at $331.56/share

Apr 5, 2024

Received

SHW

594 shares

SHW

Feb 13, 2024

Received

SHW

$33.75K

SHW at $296.96/share

Jan 5, 2024

Received

SHW

$32.50K

SHW at $253.15/share

Oct 6, 2023

Received

SHW

$32.50K

SHW at $257.00/share

Jul 7, 2023

Received

SHW

$32.50K

SHW at $223.68/share

Apr 10, 2023

Received

SHW

711 shares

SHW

Feb 14, 2023

Received

SHW

$32.50K

SHW at $232.66/share

Jan 6, 2023

Received

Rivals

Compare Michael H. Thaman with competitor CEOs and industry peers.