Alan S. McKim has been the driving force behind Clean Harbors since he founded the company in 1980. He has seen the business evolve into a leader in environmental services. Alan earned his MBA from Northeastern University and has a...

Alan S. McKim has been the driving force behind Clean Harbors since he founded the company in 1980. He has seen the business evolve into a leader in environmental services. Alan earned his MBA from Northeastern University and has a solid academic background that complements his practical experience. He holds the title of Executive Chairman and previously served as CEO until March 2023 when he transitioned to focus on technology initiatives and major mergers. Alan is not just a leader; he’s also the largest individual shareholder, which aligns his interests closely with those of other investors. Over the years, he has been involved in guiding the company's strategic growth, and his vision continues to shape Clean Harbors' path forward. His approach emphasizes performance and accountability, as seen by the company’s strong emphasis on performance metrics for executive compensation. This shows he believes in tying rewards to results, reflecting a culture of hard work and achievement. Outside of work, Alan has held key positions on various boards, including Northeastern University's Board of Trustees, further influencing the next generation in business and technology.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Clean Harbors CEOs

C

Alan S. McKim

Founder and Ex-CEO of Clean Harbors

Education

MBA from Northeastern University

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1955 - 70 years ago

CEO of Clean Harbors for

43 years 2 months (Jan 1980 - Mar 2023)

Previous Experience

Founder of Clean Harbors, Inc.

Rivals

Competitors/colleagues of Alan S. McKim

V

Lee M. Shavel

CEO of Verisk Analytics, Inc.

2023 Compensation

Stock

$0.00

Salary

$925.00K

Bonus

$2.00M

Other

$37.56K

Total Holdings

$56.29M

A

Kevin P. Clark

CEO of Aptiv

2019 Compensation

Stock

$19.78M

Salary

$1.42M

Bonus

$0.00

Other

$268.27K

Total Holdings

$70.14M

Holdings

See how much did Alan S. McKim make over time.

Alan S. McKim has watched the value of his holdings fluctuate over the years. In 2019, his holdings peaked near $333 million but saw a substantial drop in early 2020, falling to around $223 million before gradually recovering. By mid-2023,...

Alan S. McKim has watched the value of his holdings fluctuate over the years. In 2019, his holdings peaked near $333 million but saw a substantial drop in early 2020, falling to around $223 million before gradually recovering. By mid-2023, his holdings showed strong growth again, reaching as high as $648 million. This demonstrates Alan’s commitment to the company as his wealth is tied significantly to its stock performance, and he remains heavily invested in Clean Harbors' success. His shares represent about 7.2% of the company, which reinforces his alignment with shareholder interests and highlights his role as a long-term steward of the business.

Loading...

Total Stock Sold

$132.74M

CLH

$132.74M

1,525,425 CLH shares

What if they kept their stock?

If Alan S. McKim didn't sell their stock, today they would have:
Extra CLH1,525,425 shares worth $80.10M.
This is -39.66% and $52.64M less than what they got when they sold the stock.

Charitable Transactions

CLH

1,184,559 shares

CLH

Recent Charitable Transactions

CLH

28,073 shares

CLH

Mar 3, 2025

Charity

CLH

22,200 shares

CLH

Nov 15, 2024

Charity

CLH

28,000 shares

CLH

Mar 15, 2024

Charity

CLH

85,525 shares

CLH

Feb 26, 2024

Charity

CLH

10,000 shares

CLH

Jun 8, 2023

Charity

CLH

10,000 shares

CLH

May 11, 2023

Charity

Insider Trading

See recent insider trades of Alan S. McKim.

CLH

28,073 shares

CLH

Mar 3, 2025

Charity

CLH

$11.19M

CLH at $211.10/share

Mar 3, 2025

Sale

CLH

22,200 shares

CLH

Nov 15, 2024

Charity

CLH

$10.78M

CLH at $215.51/share

Jun 11, 2024

Sale

CLH

28,000 shares

CLH

Mar 15, 2024

Charity

CLH

$12.82M

CLH at $183.14/share

Feb 26, 2024

Sale

CLH

85,525 shares

CLH

Feb 26, 2024

Charity

CLH

$3.11M

CLH at $178.37/share

Dec 20, 2023

Sale

CLH

$12.34M

CLH at $164.55/share

Nov 16, 2023

Sale

CLH

$202.41K

CLH at $164.43/share

Jul 3, 2023

Sale

Compensation History

See how much did Alan S. McKim make over time.

In 2023, Alan's total compensation was about $2.3 million, comprised of a salary of $1 million, a bonus of $1.3 million, and other benefits. The bonus reflects his pay-for-performance philosophy, emphasizing how closely his earnings are tied to the company's success. Notably, he didn’t receive any stock grants that year, which underscores his existing significant ownership stake. His compensation package aligns with the company’s overall strategy of rewarding executives based on performance metrics like revenue and safety, illustrating his commitment to driving Clean Harbors toward continued growth in a sustainable manner. Over the years, Alan has chosen not to rely on stock options, reflecting his preference for direct ownership as a way to motivate himself and potentially influence his decision-making for the benefit of all shareholders.

Year

2023

Total Compensation

$3.10M

Salary

$991.25K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the Company's performance and shareholder interests, with at least 70% of total potential compensation being at risk.

Bonus

$1.29M

Board Justification

The bonus is based on the amount of base salary actually paid to Mr. McKim in 2023, resulting in a payout of $1,287,386, which is approximately 58% of the maximum total potential cash bonus target opportunity.

Other

$17.93K

Board Justification

Other compensation includes matching 401(k) Plan contributions, Company contributions to health savings plans, and group term life insurance benefits, all of which are available to all other full-time employees on a nondiscriminatory basis.

Restricted Stock

$804.40K(5.39K common stock)

Board Justification

The vested stock consists of restricted shares that were earned under performance-based awards that vest ratably on March 15, 2024, and March 15, 2025.

Performance Metrics

The performance metrics for determining the compensation include revenue, Adjusted EBITDA, Adjusted Free Cash Flow, and total recordable incident rate (TRIR).

Other Clean Harbors CEOs

Here are other CEOs of Clean Harbors

Michael L. Battles

CEO of Clean Harbors

March 2023 - Present