William D. O'Hagan was the CEO of Mueller Industries, Inc. from 2005 until 2008. He played a crucial role in leading the company during his tenure. O'Hagan had an interesting compensation structure that included a significant performance-based cash bonus. In...

William D. O'Hagan was the CEO of Mueller Industries, Inc. from 2005 until 2008. He played a crucial role in leading the company during his tenure. O'Hagan had an interesting compensation structure that included a significant performance-based cash bonus. In 2007, he earned a total of $4.27 million, which included a hefty bonus of $2 million for surpassing an EBITDA target of $165 million. In 2008, his total pay was reported at $3.49 million, showcasing his impact on the company's success. O'Hagan was known for his innovative approach to management, focusing on both financial targets and strategic planning. Additionally, he shifted his focus entirely to cash compensation, opting for stock options to minimize complexities. Unfortunately, O'Hagan passed away shortly after resigning from his position in October 2008. His legacy at Mueller Industries remains noteworthy, especially his unique approach to executive compensation and performance metrics. There’s also a notable fact about his personal wealth; at the time of his passing, his unexercised stock options reflected a significant investment in the company, demonstrating his commitment. He was born on February 20, 1952, although details about his education are not highlighted.