In 2021, Vijay Manthripragada earned $23.96M in total compensation at Montrose Environmental Group, including $600.00K salary, $400.00K bonus and $22.96M in stock. Most recently sold 12,500 shares in May 2024. Currently holds stock worth $9.51M. Led Montrose Environmental Group as CEO for 4 years.
Compensation History
Annual executive compensation data for Vijay Manthripragada, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$23.96M
Salary
$600.00K
Bonus
$400.00K
Other
$0.00
Salary
$600.00KBoard Justification
The compensation philosophy is designed to motivate and retain top executive talent and drive organizational performance that is in the best interest of stockholders in the long term, emphasizing pay for performance and aligning executive and stockholder interests.
Bonus
$400.00KBoard Justification
The Organic Growth Bonus program was designed to provide NEOs with the opportunity to earn cash bonuses based on the achievement of specific Company-wide adjusted EBITDA goals in fiscal year 2021. The Company achieved 118% of its adjusted EBITDA threshold for the Organic Growth Bonus, which exceeds the maximum adjusted EBITDA eligible for bonus. Therefore, the payout for 2021 was capped at 200% of target.
Other Compensation
$0.00Board Justification
No other compensation was reported for the year 2021.
Restricted Stock
Board Justification
The RSUs granted to Mr. Manthripragada on December 16, 2021, vest 50% on the fourth anniversary and 50% on the fifth anniversary of the grant date, subject to continued service.
Performance Metrics
The performance metrics for the Organic Growth Bonus were based on specific Company-wide adjusted EBITDA goals.
Vijay Manthripragada
Ex-CEO of Montrose Environmental Group
Education
MBA from Harvard Business School
Field of Expertise
Environment & Sustainability - Environment
Sector of Economy
Industrials
Born
January 1, 1976 - 49 years ago
CEO of Montrose Environmental Group for
4 years 0 months (Dec 2017 - Dec 2021)
Previous Experience
Prior to joining Montrose, Mr. Manthripragada served as Executive Vice President at a leading environmental services firm.
Other Montrose Environmental Group CEOs
Holdings
Track Vijay Manthripragada's stock holdings and portfolio value over time.
Total Stock Sold
$23.83M
$23.83M
429,500 MEG shares
What if they kept their stock?
If Vijay Manthripragada didn't sell their stock, today they would have:
Extra MEG429,500 shares worth $11.30M.
This is -52.6% and $12.54M less than what they got when they sold the stock.
Insider Trading
Vijay Manthripragada's recent stock transactions, purchases, and sales filed with the SEC.
$584.48K
MEG at $46.76/share
May 6, 2024
Sale
316,209 shares
MEG
Nov 4, 2021
Received
$2.18M
MEG at $72.61/share
Nov 4, 2021
Sale
$1.76M
MEG at $70.70/share
Nov 2, 2021
Sale
$1.23M
MEG at $68.66/share
Oct 28, 2021
Sale
$1.90M
MEG at $67.59/share
Sep 27, 2021
Sale
$4.32M
MEG at $65.33/share
Sep 24, 2021
Sale
$8.29M
MEG at $46.55/share
Mar 30, 2021
Sale
$3.16M
MEG at $43.92/share
Mar 29, 2021
Sale
$187.50K
MEG at $15.00/share
Jul 27, 2020
Purchase
Rivals
Compare Vijay Manthripragada with competitor CEOs and industry peers.