W. Leo Kiely III, born on May 1, 1946, holds a prestigious bachelor's degree from Harvard University. With a robust background in management, he has led significant changes in the companies he has worked for, including a stint as CEO...

W. Leo Kiely III, born on May 1, 1946, holds a prestigious bachelor's degree from Harvard University. With a robust background in management, he has led significant changes in the companies he has worked for, including a stint as CEO at Molson Coors Beverage Company. During his tenure at Molson Coors from 2002 to 2011, he navigated the company through various challenges, showcasing his strategic decision-making skills. His compensation as CEO in 2002 included a substantial bonus of $1.2 million, which was based on performance metrics aligned with the company's financial success, reflecting his focus on results. Kiely is not involved in any recent insider trading, suggesting a stable approach to managing his holdings and the company. Notably, he received a significant award of over 4 million stock options, indicating a strong alignment with shareholder interests. Overall, Kiely's educational and professional journey illustrates a leader who combines educational prestige and practical experience, influencing the beverage industry significantly.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Molson Coors Beverage Company CEOs

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W. Leo Kiely III

Ex-CEO of Molson Coors Beverage Company

Education

Bachelor's degree from Harvard University

Field of Expertise

Business & Management

Born

May 1, 1946 - 79 years ago

CEO of Molson Coors Beverage Company for

8 years 11 months (Jul 2002 - Jun 2011)

Previous Experience

Chief Executive Officer of Coors Brewing Company from May 2000 to March 2005.

Rivals

Competitors/colleagues of W. Leo Kiely III

Holdings

See how much did W. Leo Kiely III make over time.

Kiely’s stock holdings tell a story of commitment and strategic foresight. As the former CEO of Molson Coors, he was granted over 4 million stock options, a move that indicates his belief in the company's long-term value. In 2002, his...

Kiely’s stock holdings tell a story of commitment and strategic foresight. As the former CEO of Molson Coors, he was granted over 4 million stock options, a move that indicates his belief in the company's long-term value. In 2002, his stock options were linked to the company’s performance, aligning his interests with those of the shareholders. While there have been no notable fluctuations in his holdings recently, Kiely’s approach to managing stock signifies stability and thoughtful investment. He has navigated periods of financial change and successfully retained significant equity ownership, further underlining his commitment to the company. His wealth in stock holdings has felt the pressure of market variations, yet Kiely seems to maintain a strategic view rather than acting impulsively. His focus has remained on creating lasting value for both himself and the shareholders through prudent management of his stock options and investments.

No data yet.

Insider Trading

See recent insider trades of W. Leo Kiely III.

No insider trades found for this CEO.

Compensation History

See how much did W. Leo Kiely III make over time.

Kiely's total compensation as CEO in 2002 reached approximately $1.8 million, primarily driven by a $1.2 million bonus. This bonus was not arbitrary; it was based on performance metrics that reflected the company’s financial health and his individual contributions during that year. His base salary was $600,000, which, while substantial, represented just one part of his overall earnings. Notably, he did not have any vested stock that year, as the options and stock grants were still in the vesting period, showcasing his long-term investment in the future performance of the company. Kiely’s compensation structure, particularly his bonus tied to the company's performance, illustrates a clear philosophy of promoting accountability and driving results. This focus on aligning his compensation with performance metrics is a classic approach in leadership roles, ensuring that his incentives are in sync with those of the shareholders and the broader company goals.

Year

2002

Total Compensation

$1.85M

Salary

$600.00K

Board Justification

The company's compensation philosophy aims to attract and retain top talent by offering competitive compensation packages that align with performance and shareholder interests.

Bonus

$1.20M

Board Justification

The bonus is based on performance metrics established by the Compensation and Governance Committee, reflecting the company's financial performance and individual contributions in 2002.

Other

$47.17K

Board Justification

Other compensation includes personal use of company aircraft and other benefits provided by the company.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2002 as the options and stock grants were not yet exercisable or had not yet vested.

Performance Metrics

Performance metrics include earnings per share, return on equity, and overall company financial performance.

Other Molson Coors Beverage Company CEOs

Here are other CEOs of Molson Coors Beverage Company

Peter Swinburn

Ex-CEO of Molson Coors Beverage Company

July 2008 - January 2015