Scott Thompson has been the CEO of Tempur Sealy International since 2015, and he's got a history in automotive and finance before this role. He previously led Dollar Thrifty Automotive Group until Hertz bought it in 2012. Scott holds a...

Scott Thompson has been the CEO of Tempur Sealy International since 2015, and he's got a history in automotive and finance before this role. He previously led Dollar Thrifty Automotive Group until Hertz bought it in 2012. Scott holds a degree in Business Administration from Stephen F. Austin State University and gained experience as CFO at Group 1 Automotive. Under his leadership, Tempur Sealy has focused on performance-based compensation, aligning executive pay with company results. Scott's yearly compensation in 2023 reached $11.83 million, which included a $1.1 million salary and a big stock grant that vested worth over $35.6 million. What's notable is the substantial fluctuations in his stock holdings; he once had $126 million in stocks in Feb 2023, demonstrating a significant tie to the company's performance. Recently, Scott's employment agreement was extended to 2026, securing his position as a leader for the foreseeable future. He brings years of experience and a strong commitment to the company's growth.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Tempur Sealy International CEOs

T

Scott Thompson

CEO of Tempur Sealy International

Education

Not specified

Sector of Economy

Consumer Cyclical

CEO of Tempur Sealy International for

3 years 5 months (Jan 2022 - Present)

Previous Experience

Not specified

Rivals

Competitors/colleagues of Scott Thompson

Holdings

See how much did Scott Thompson make over time.

Scott Thompson's stock holdings have shown impressive growth and fluctuation over time. In early 2023, his holdings peaked at around $126 million, indicating a strong tie to the company's performance. However, his wealth from stocks has experienced some ups and...

Scott Thompson's stock holdings have shown impressive growth and fluctuation over time. In early 2023, his holdings peaked at around $126 million, indicating a strong tie to the company's performance. However, his wealth from stocks has experienced some ups and downs, fluctuating significantly throughout 2019 to 2024. For instance, in December 2023, his holdings were valued at about $119.90 million, down from a high earlier that year. This volatility reflects both market conditions and the success of Tempur Sealy. With recent stock grants and vested shares, Scott's financial future remains closely linked to the health of the company.

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Total Stock Sold

$18.55M

TPX

$18.55M

786,000 TPX shares

What if they kept their stock?

If Scott Thompson didn't sell their stock, today they would have:
Extra TPX786,000 shares worth $14.23M.
This is -23.28% and $4.32M less than what they got when they sold the stock.

Charitable Transactions

TPX

1,419,966 shares

TPX

Recent Charitable Transactions

TPX

151,597 shares

TPX

Dec 2, 2024

Charity

TPX

203,200 shares

TPX

Aug 29, 2023

Charity

TPX

108,061 shares

TPX

Dec 16, 2021

Charity

TPX

186,676 shares

TPX

Dec 15, 2020

Charity

TPX

72,608 shares

TPX

May 6, 2020

Charity

TPX

120,000 shares

TPX

Mar 9, 2020

Charity

Insider Trading

See recent insider trades of Scott Thompson.

TPX

151,597 shares

TPX

Dec 2, 2024

Charity

TPX

203,200 shares

TPX

Aug 29, 2023

Charity

TPX

108,061 shares

TPX

Dec 16, 2021

Charity

TPX

$9.87M

TPX at $49.35/share

Sep 22, 2021

Sale

TPX

$6.37M

TPX at $34.22/share

Feb 24, 2021

Sale

TPX

186,676 shares

TPX

Dec 15, 2020

Charity

TPX

72,608 shares

TPX

May 6, 2020

Charity

TPX

120,000 shares

TPX

Mar 9, 2020

Charity

TPX

$8.85M

TPX at $88.52/share

Oct 31, 2019

Sale

TPX

$1.00M

TPX at $51.19/share

Nov 7, 2017

Purchase

Compensation History

See how much did Scott Thompson make over time.

Scott Thompson's compensation at Tempur Sealy International is structured to motivate performance. In 2023, he made a total of $11.83 million, combining a base salary of $1.1 million, a performance-related bonus of over $2.12 million, and vested stock valued at about $35.6 million. His bonus incentive was based on strong company growth, achieving 139% of the targeted payout related to adjusted EBITDA. The compensation package also includes various other benefits, like life insurance and some perks. This performance-focused pay model aligns executive rewards with the interests of shareholders, aiming to drive the company forward while keeping key leaders, like Scott, committed to its success.

Year

2023

Total Compensation

$39.13M

Salary

$1.13M

Board Justification

The compensation philosophy aligns management incentives with the long-term interests of stockholders, emphasizing performance-based compensation.

Bonus

$2.13M

Board Justification

Annual incentive payment based on adjusted EBITDA performance, resulting in 139% of target payout for 2023.

Other

$272.69K

Board Justification

Includes life insurance premiums, contributions to qualified defined contribution plans, tax preparation, legal and financial planning fees, and use of corporate aircraft.

Restricted Stock

$35.60M(1.03M common stock)

Board Justification

1,028,810 shares of common stock from restricted stock units (RSUs) that vested in 2023.

Performance Metrics

Adjusted EBITDA, relative total shareholder return (TSR), and qualitative ESG performance.

Other Tempur Sealy International CEOs

Here are other CEOs of Tempur Sealy International

James W. T. (Jim) McGinnis

Ex-CEO of Tempur Sealy International

January 2020 - January 2022