In 2022, Phupinder S. Gill earned $17.36M in total compensation at CME Group, including $1.50M salary, $4.00M bonus and $11.86M in stock. Most recently sold 30,002 shares in Sep 2016. Currently holds stock worth $31.75M. Led CME Group as CEO for 4 years.
Compensation History
Annual executive compensation data for Phupinder S. Gill, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$17.36M
Salary
$1.50M
Bonus
$4.00M
Other
$0.00
Salary
$1.50MBoard Justification
CME Group's compensation philosophy for the CEO in 2022 focused on aligning pay with performance, ensuring competitive compensation to attract and retain top talent, and linking a significant portion of the compensation to the company's financial performance and shareholder value creation.
Bonus
$4.00MBoard Justification
The bonus structure for Phupinder S. Gill in 2022 was based on the company's performance metrics, including cash earnings. The target bonus was set at 200% of the base salary, with a maximum potential of 400% if performance exceeded expectations. The actual bonus awarded was $4,000,000, reflecting the company's strong performance in 2022.
Other Compensation
$0.00Board Justification
There were no other forms of compensation that vested or were paid out to Phupinder S. Gill in 2022.
Restricted Stock
Board Justification
The vested stock for Phupinder S. Gill in 2022 consisted of restricted stock awards that became fully vested on December 31, 2022, as per the terms of his employment agreement. These shares were part of a long-term incentive plan designed to align the CEO's interests with those of the shareholders.
Performance Metrics
The performance metrics for determining Phupinder S. Gill's compensation in 2022 included cash earnings, which is a key indicator of the company's operational and financial performance. This metric is also used to determine the regular quarterly dividend payments, aligning the CEO's incentives with shareholder interests.
Phupinder S. Gill
Ex-CEO of CME Group
Education
MBA from University of Chicago
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1961 - 64 years ago
CEO of CME Group for
4 years 7 months (May 2012 - Dec 2016)
Previous Experience
Joined CME in 1988, held various roles including President and COO
Holdings
Track Phupinder S. Gill's stock holdings and portfolio value over time.
Total Stock Sold
$22.73M
$22.73M
263,127 CME shares
What if they kept their stock?
If Phupinder S. Gill didn't sell their stock, today they would have:
Extra CME263,127 shares worth $71.27M.
This is 213.56% and $48.54M more than what they got when they sold the stock.
Insider Trading
Phupinder S. Gill's recent stock transactions, purchases, and sales filed with the SEC.
$3.30M
CME at $110.00/share
Sep 19, 2016
Sale
17,156 shares
CME
Sep 15, 2016
Received
$2.10M
CME at $104.54/share
Aug 15, 2016
Sale
$2.90M
CME at $93.14/share
Jun 28, 2016
Sale
29,716 shares
CME
Mar 15, 2016
Received
10,500 shares
CME
Sep 15, 2015
Received
$2.84M
CME at $96.39/share
Aug 3, 2015
Sale
$470.10K
CME at $94.02/share
Jun 1, 2015
Sale
$2.99M
CME at $99.76/share
Mar 20, 2015
Sale
12,528 shares
CME
Sep 14, 2014
Received
Rivals
Compare Phupinder S. Gill with competitor CEOs and industry peers.
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Bonus
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Total Holdings
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