Sundar PichaiSundar Pichai earned $164M in 2023

Barry T. Schneider was appointed President and Chief Operating Officer of Steel Dynamics, Inc. in March 2023. With a solid educational foundation in mechanical engineering and a master's in engineering management from Rose-Hulman Institute of Technology, he brings a wealth...

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Barry T. Schneider

CEO of Steel Dynamics

Education

Bachelor's degree in mechanical engineering and a master of science in engineering management from Rose-Hulman Institute of Technology

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Basic Materials

Born

January 1, 1969 - 56 years ago

CEO of Steel Dynamics for

2 years 2 months (Mar 2023 - Present)

Previous Experience

Senior Vice President, Flat Roll Steel Group

Holdings

See how much did Barry T. Schneider make over time.

Currently, Barry Schneider holds around 209,169 shares of Steel Dynamics, Inc., which represents approximately 0.1% of the total shares. His insider trading history indicates strong trust in the company's direction, with notable selling transactions peaking at around $21.58 million in...

Mar 17, 2025

Insider Trading

See recent insider trades of Barry T. Schneider.

STLD

8,139 shares

STLD

Feb 20, 2025

Received

STLD

604 shares

STLD

Nov 21, 2024

Received

STLD

36,252 shares

STLD

Mar 15, 2024

Received

STLD

9,120 shares

STLD

Feb 22, 2024

Received

STLD

778 shares

STLD

Nov 21, 2023

Received

STLD

36,946 shares

STLD

Mar 15, 2023

Received

STLD

8,826 shares

STLD

Mar 1, 2023

Received

STLD

519 shares

STLD

Nov 21, 2022

Received

STLD

38,794 shares

STLD

Mar 15, 2022

Received

STLD

11,226 shares

STLD

Feb 24, 2022

Received

Compensation History

See how much did Barry T. Schneider make over time.

In 2023, Barry Schneider's total compensation was $1,273,075, which included an $850,000 base salary and a bonus of $342,000 based on the company’s performance metrics. The bonus structure is notably designed to incentivize results, with the potential for 171% of his base salary depending on both corporate and divisional performance. Other components of his compensation amounted to $83,075, which includes profit-sharing and 401(k) contributions. One interesting aspect is that no stock options or grants were awarded in 2023, reflecting a shift towards cash and performance-based reward structures within the company’s compensation philosophy. Schneider's overall pay package aligns well with the company's strong performance, reflecting a commitment to reward achievement over guaranteed equity.

Year

2023

Total Compensation

$1.28M

Salary

$850.00K

Board Justification

The compensation philosophy emphasizes performance-based incentives aligned with shareholder interests, focusing on both short-term and long-term performance metrics.

Bonus

$342.00K

Board Justification

The bonus is based on the company's performance metrics exceeding pre-established thresholds, with a maximum award opportunity of 171% of base salary, of which 90% is based on corporate performance and 10% on divisional performance.

Other

$83.08K

Board Justification

This includes profit-sharing allocations based on the company's pre-tax income and 401(k) matching contributions.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on cash and performance-based compensation for the year.

Performance Metrics

The performance metrics for 2023 included Adjusted Net Income exceeding a 10% return on Average Stockholders Equity and divisional profitability measured by Return on Assets.

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