Sundar PichaiSundar Pichai earned $164M in 2023

Deidra C. Merriwether is the CEO and Chief Financial Officer at W.W. Grainger, Inc., where she has been driving growth since her appointment in January 2021. With a strong background in finance, she came from the role of Senior Vice...

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Deidra C. Merriwether

CEO of W.W. Grainger

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

CEO of W.W. Grainger for

4 years 2 months (Jan 2021 - Present)

Previous Experience

Senior Vice President and President, North American Sales & Services.

Holdings

See how much did Deidra C. Merriwether make over time.

Deidra Merriwether's stock holdings have seen significant growth, reflecting her strong belief in W.W. Grainger. Starting with around $2.4 million in September 2019, her holdings increased significantly over the years, reaching nearly $9.43 million by December 2023. This impressive rise...

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Total Stock Sold

$12.25M

GWW

$12.25M

14,975 GWW shares

What if they kept their stock?

If Deidra C. Merriwether didn't sell their stock, today they would have:
Extra GWW14,975 shares worth $4.05M.
This is -66.96% and $8.20M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Deidra C. Merriwether.

GWW

$778.34K

GWW at $1.11K/share

Nov 1, 2024

Sale

GWW

3,062 shares

GWW

Apr 1, 2024

Received

GWW

$7.89M

GWW at $950.48/share

Feb 8, 2024

Sale

GWW

2,818 shares

GWW

Apr 1, 2023

Received

GWW

$3.08M

GWW at $665.24/share

Mar 15, 2023

Sale

GWW

$238.45K

GWW at $488.62/share

Apr 18, 2022

Sale

GWW

2,485 shares

GWW

Apr 1, 2022

Received

GWW

1,578 shares

GWW

Apr 1, 2021

Received

GWW

1,092 shares

GWW

Apr 1, 2020

Received

GWW

$180.53K

GWW at $307.03/share

Feb 19, 2020

Sale

Compensation History

See how much did Deidra C. Merriwether make over time.

In 2023, Deidra Merriwether's total compensation reached approximately $3.68 million, which includes her base salary, vested stock awards, and other benefits. Her base salary was roughly $693,836, but the real bulk came from stock awards worth $2 million that vested based on her performance at the company. These stocks reflect well on her leadership, linking executive pay closely to company results. Interestingly, there was no bonus awarded in 2023, which emphasizes a performance-based pay structure that only rewards when specific company goals are achieved. Over the past few years, her compensation has grown alongside the company, which shows a pattern of aligning incentives with corporate performance. This strategy helps in attracting and retaining talented executives like herself.

Year

2023

Total Compensation

$2.81M

Salary

$693.84K

Board Justification

The compensation philosophy aligns with the company's performance and aims to attract and retain top talent while rewarding performance that drives shareholder value.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2023.

Other

$110.88K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$2.00M(2M RSU)

Board Justification

The stock awards that vested in 2023 include performance share units (PSUs) and restricted stock units (RSUs) based on the performance metrics achieved during the year.

Performance Metrics

The performance metrics for the year included total company daily organic constant currency sales growth and adjusted return on invested capital (ROIC).

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