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Sherwin I. Seligsohn was the founder and CEO of Universal Display Corporation, a key player in the OLED technology field. He played a pivotal role in shaping the company's direction from its inception in 1995 until his retirement in 2022....

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Sherwin I. Seligsohn

Ex-CEO of Universal Display

Sector of Economy

Technology

Born

July 30, 2024 - 1 years ago

CEO of Universal Display for

27 years 0 months (Jun 1995 - Jun 2022)

Previous Experience

Unknown

Holdings

See how much did Sherwin I. Seligsohn make over time.

Sherwin I. Seligsohn held significant shares in Universal Display Corporation. At his peak, his holdings fluctuated around values nearing $60 million in trading volume, showcasing his strong position in the company's future. Notably, he managed to maintain substantial ownership stakes,...

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Total Stock Sold

$25.05M

OLED

$25.05M

225,920 OLED shares

What if they kept their stock?

If Sherwin I. Seligsohn didn't sell their stock, today they would have:
Extra OLED225,920 shares worth $42.32M.
This is 68.93% and $17.27M more than what they got when they sold the stock.

Charitable Transactions

OLED

103,011 shares

OLED

Recent Charitable Transactions

OLED

4,300 shares

OLED

Dec 31, 2021

Charity

OLED

5,000 shares

OLED

Dec 31, 2020

Charity

OLED

4,000 shares

OLED

Dec 31, 2019

Charity

OLED

13,201 shares

OLED

Dec 26, 2017

Charity

OLED

3,000 shares

OLED

Sep 14, 2017

Charity

OLED

6,500 shares

OLED

Dec 31, 2016

Charity

Insider Trading

See recent insider trades of Sherwin I. Seligsohn.

OLED

1,208 shares

OLED

Apr 5, 2022

Received

OLED

151 shares

OLED

Mar 5, 2022

Received

OLED

736 shares

OLED

Feb 16, 2022

Received

OLED

4,300 shares

OLED

Dec 31, 2021

Charity

OLED

720 shares

OLED

Apr 6, 2021

Received

OLED

1,377 shares

OLED

Mar 2, 2021

Received

OLED

5,000 shares

OLED

Dec 31, 2020

Charity

OLED

1,974 shares

OLED

Apr 7, 2020

Received

OLED

3,376 shares

OLED

Mar 5, 2020

Received

OLED

4,000 shares

OLED

Dec 31, 2019

Charity

Compensation History

See how much did Sherwin I. Seligsohn make over time.

Throughout his time as CEO, Sherwin I. Seligsohn's compensation was tied closely to the performance of Universal Display Corporation. In 2022, he earned a total of approximately $10 million, a portion driven by a bonus of nearly $1.86 million, reflecting his exceptional leadership in exceeding key performance indicators and revenue targets. This bonus represented about 173% of the target amount, a testament to the company's successful performance under his direction. Over several years, his base salary also saw increases and included various other benefits, showcasing a robust compensation structure designed to align his interests with those of shareholders and the company's success.

Year

2022

Total Compensation

$2.75M

Salary

$842.70K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain talented personnel while aligning executive compensation with the company's performance and shareholder interests.

Bonus

$1.86M

Board Justification

Annual Incentive Plan based on performance metrics for 2022, resulting in approximately 173% of target payout due to exceeding revenue targets and KPIs.

Other

$45.39K

Board Justification

Includes life and disability insurance premiums, 401(k) contributions, and automobile allowance.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2022 as the focus is on the total compensation excluding stock grants and options.

Performance Metrics

Performance metrics for 2022 included revenue growth and key performance indicators (KPIs) related to operational performance.

Other Universal Display CEOs

Here are other CEOs of Universal Display