In 2024, Michael Spillane earned $1.69M in total compensation at Boston Beer, including $695.42K salary and $981.54K bonus. Led Boston Beer as CEO for 1 years.
Compensation History
Annual executive compensation data for Michael Spillane, including salary, bonuses, and stock awards.
Year
2024
Total Compensation
$1.69M
Salary
$695.42K
Bonus
$981.54K
Other
$14.27K
Salary
$695.42KBoard Justification
The Compensation Committee believes that Mr. Spillane’s compensation package is structured in a way that provides him with appropriate incentives and rewards for superior performance and increasing stockholder value.
Bonus
$981.54KBoard Justification
The Compensation Committee approved a target cash bonus for Mr. Spillane of 120% of his non-prorated full-year base salary. The Compensation Committee reviewed Fiscal Year 2024 Company performance against the 2024 cash bonus scale in February 2025 and determined that the Company achieved 90% on the scale and funded the bonus pool at 95%. Accordingly, the Committee approved a bonus to Mr. Spillane in the amount of $981,540, which was paid in March 2025.
Other Compensation
$14.27KBoard Justification
“Other Compensation” includes $13,800 in matching contributions to the Company’s 401(k) plan and $469 in Company contributions to annual group life insurance, accidental death and dismemberment insurance, and short-term and long-term disability. Mr. Spillane was eligible for the same level and offering of those benefits as other Company coworkers.
Restricted Stock
Board Justification
N/A
Performance Metrics
The 2024 Company Goals consisted of achieving: (1) certain depletions targets over 2023 (“2024 Depletions Growth”), which were weighted as 50% of the goals; (2) certain EBIT targets, which were weighted as 30% of the goals; and (3) the generation of certain focused cost savings targets, which were weighted as 20% of the goals.
Michael Spillane
Ex-CEO of Boston Beer
Education
Bachelor's degree in Business Administration
Field of Expertise
Sales & Marketing - Sales
Sector of Economy
Consumer Defensive
Born
January 1, 1970 - 55 years ago
CEO of Boston Beer for
1 year 4 months (Apr 2024 - Aug 2025)
Previous Experience
Various roles in the beverage industry
Holdings
Track Michael Spillane's stock holdings and portfolio value over time.
Insider Trading
Michael Spillane's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Michael Spillane with competitor CEOs and industry peers.
Gavin Hattersley
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2022 Compensation
Stock
$0.00
Salary
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Bonus
$0.00
Other
$332.35K
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2023 Compensation
Stock
$0.00
Salary
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Bonus
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2024 Compensation
Stock
$186.55M
Salary
$1.49M
Bonus
$6.00M
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Peter Swinburn
CEO of Molson Coors Beverage Company
2022 Compensation
Stock
$0.00
Salary
$1.24M
Bonus
$0.00
Other
$332.35K
Total Holdings
$3.12M
Tracey Joubert
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2022 Compensation
Stock
$444.31K
Salary
$819.35K
Bonus
$0.00
Other
$178.89K
Total Holdings
$6.17M