In 2018, Thomas E. Richards earned $3.77M in total compensation at CDW, including $990.77K salary and $2.77M bonus. Most recently acquired 313 shares in Sep 2021. Currently holds stock worth $82.16M. Has donated $13.11M in stock to charitable causes. Led CDW as CEO for 7 years.
Compensation History
Annual executive compensation data for Thomas E. Richards, including salary, bonuses, and stock awards.
Year
2018
Total Compensation
$3.77M
Salary
$990.77K
Bonus
$2.77M
Other
$11.05K
Salary
$990.77KBoard Justification
The compensation philosophy focuses on aligning executive compensation with performance metrics that drive long-term shareholder value, with a significant portion of compensation being performance-based.
Bonus
$2.77MBoard Justification
The bonus was calculated based on the 2018 performance under the Senior Management Incentive Plan (SMIP), which had a payout percentage of 143.3% of the target due to the company's strong performance against established goals.
Other Compensation
$11.05KBoard Justification
Other compensation includes company-paid supplemental disability premiums and contributions to the 401(k) accounts.
Restricted Stock
Board Justification
No stock was vested in 2018 as the focus was on cash compensation and performance-based bonuses.
Performance Metrics
Performance metrics included adjusted EBITDA and market share growth, which were critical in determining the bonus payout for the year.
Thomas E. Richards
Ex-CEO of CDW
Education
Bachelor's degree from University of Pittsburgh; Master of Science in Management from Massachusetts Institute of Technology
Field of Expertise
Business & Management
Sector of Economy
Technology
Born
January 1, 1955 - 70 years ago
CEO of CDW for
7 years 2 months (Oct 2011 - Dec 2018)
Previous Experience
Executive Vice President and Chief Operating Officer at Qwest Communications; Chairman and Chief Executive Officer of Clear Communications Corporation
Holdings
Track Thomas E. Richards's stock holdings and portfolio value over time.
Total Stock Sold
$103.33M
$103.33M
1,460,586 CDW shares
What if they kept their stock?
If Thomas E. Richards didn't sell their stock, today they would have:
Extra CDW1,460,586 shares worth $213.61M.
This is 106.72% and $110.28M more than what they got when they sold the stock.
Charitable Transactions
89,673 shares
CDW
Recent Charitable Transactions
30,043 shares
CDW
Dec 12, 2019
Charity
22,300 shares
CDW
Dec 12, 2018
Charity
14,830 shares
CDW
Dec 14, 2017
Charity
22,500 shares
CDW
Dec 8, 2014
Charity
Insider Trading
Thomas E. Richards's recent stock transactions, purchases, and sales filed with the SEC.
$33.99K
NTRS at $108.52/share
Sep 30, 2021
Received
$35.27K
NTRS at $115.97/share
Jun 30, 2021
Received
$64.84K
NTRS at $53.69/share
Apr 20, 2021
Received
$39.74K
NTRS at $105.37/share
Mar 31, 2021
Received
$39.37K
NTRS at $93.14/share
Dec 31, 2020
Received
$38.83K
NTRS at $77.51/share
Sep 30, 2020
Received
$37.13K
NTRS at $78.14/share
Jun 30, 2020
Received
$64.03K
NTRS at $37.22/share
Apr 21, 2020
Received
$32.10K
NTRS at $74.23/share
Mar 31, 2020
Received
$32.34K
NTRS at $106.24/share
Dec 31, 2019
Received
Rivals
Compare Thomas E. Richards with competitor CEOs and industry peers.
Robert Painter
CEO of Trimble Inc.
2023 Compensation
Stock
$3.13M
Salary
$950.00K
Bonus
$1.32M
Other
$4.54K
Total Holdings
$25.49M
Satish Dhanasekaran
CEO of Keysight Technologies
2023 Compensation
Stock
$0.00
Salary
$895.83K
Bonus
$0.00
Other
$33.72K
Total Holdings
$40.01M
Terrence R. Curtin
CEO of TE Connectivity
2023 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$2.08M
Other
$368.57K
Total Holdings
$2.18M
Richard Adam Norwitt
CEO of Amphenol
2024 Compensation
Stock
$0.00
Salary
$1.51M
Bonus
$0.00
Other
$180.21K
Total Holdings
$57.88M
Steve Sanghi
CEO of Microchip Technology
2021 Compensation
Stock
$3.74M
Salary
$484.88K
Bonus
$38.13K
Other
$18.27K
Total Holdings
$1.64B
Sean J. Kerins
CEO of Arrow Electronics
2023 Compensation
Stock
$4.00M
Salary
$1.00M
Bonus
$0.00
Other
$14.07K
Total Holdings
$12.73M