Alexander KarpAlexander Karp earned $1B in 2024

In 2021, Michael W. Lamach earned $10.60M in total compensation at Ingersoll Rand, including $1.41M salary and $8.67M in stock. Most recently sold 62,518 shares in Feb 2020. Currently holds stock worth $55.88M. Has donated $783.90K in stock to charitable causes. Led Ingersoll Rand as CEO for 9 years.

Compensation History

Annual executive compensation data for Michael W. Lamach, including salary, bonuses, and stock awards.

Year

2021

Total Compensation

$10.60M

Salary

$1.41M

Bonus

$0.00

Other

$518.51K

Salary

$1.41M

Board Justification

The compensation philosophy is designed to align executive compensation with the company's performance and shareholder interests, emphasizing pay for performance and long-term value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2021.

Other Compensation

$518.51K

Board Justification

Includes various benefits such as contributions to retirement plans, life insurance, and other compensation.

Restricted Stock

$8.67M8.67M RSU

Board Justification

The value of stock awards that vested in 2021, including performance stock units and restricted stock units, based on the fair market value at the time of vesting.

Performance Metrics

Performance metrics include revenue growth, adjusted EBITDA, cash flow, and ESG objectives.

I

Michael W. Lamach

Ex-CEO of Ingersoll Rand

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1963 - 62 years ago

CEO of Ingersoll Rand for

9 years 5 months (Dec 2010 - Jun 2020)

Previous Experience

Senior Vice President of Ingersoll Rand Company Limited and President of the Trane Commercial business.

Holdings

Track Michael W. Lamach's stock holdings and portfolio value over time.

Total Stock Sold

$37.91M

IRM

$1.03M

30,293 IRM shares

IR

$36.88M

1,150,360 IR shares

What if they kept their stock?

If Michael W. Lamach didn't sell their stock, today they would have:
Extra IRM30,293 shares worth $2.58M and IR1,150,360 shares worth $92.02M.
This is 149.52% and $56.68M more than what they got when they sold the stock.

Charitable Transactions

IR

9,800 shares

IR

Recent Charitable Transactions

Insider Trading

Michael W. Lamach's recent stock transactions, purchases, and sales filed with the SEC.

Rivals

Compare Michael W. Lamach with competitor CEOs and industry peers.