Sundar PichaiSundar Pichai earned $164M in 2023

Douglas T. Dietrich is the CEO of Minerals Technologies Inc., a role he took on in December 2016 following his tenure as CFO. His background includes significant leadership positions at Alcoa, where he was VP for both Automotive Wheels and...

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Douglas T. Dietrich

CEO of Minerals Technologies

Education

MBA from the University of Chicago Booth School of Business

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Basic Materials

Born

July 12, 1971 - 53 years ago

CEO of Minerals Technologies for

9 years 1 month (Feb 2016 - Present)

Previous Experience

Senior Vice President and CFO at Minerals Technologies

Holdings

See how much did Douglas T. Dietrich make over time.

In his role at Minerals Technologies, Douglas T. Dietrich owns roughly 291,000 shares in the company. His holdings peaked significantly in previous years, reflecting his commitment to the business. This equity stake shows that a large part of his wealth...

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Total Stock Sold

$7.44M

MTX

$7.44M

103,500 MTX shares

What if they kept their stock?

If Douglas T. Dietrich didn't sell their stock, today they would have:
Extra MTX103,500 shares worth $3.60M.
This is -51.56% and $3.83M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Douglas T. Dietrich.

MTX

$3.13M

MTX at $84.52/share

May 28, 2024

Sale

MTX

$866.17K

MTX at $63.40/share

Dec 7, 2023

Sale

MTX

$978.87K

MTX at $60.06/share

Sep 8, 2022

Sale

MTX

$990.73K

MTX at $72.77/share

Feb 25, 2021

Sale

MTX

$728.63K

MTX at $61.46/share

Nov 9, 2020

Sale

MTX

$49.12K

MTX at $32.75/share

Mar 27, 2020

Purchase

MTX

$71.98K

MTX at $47.99/share

Aug 29, 2019

Purchase

MTX

$764.41K

MTX at $68.99/share

Aug 9, 2016

Sale

MTX

0 shares

MTX

Jan 26, 2012

Purchase

MTX

0 shares

MTX

Jan 27, 2012

Purchase

Compensation History

See how much did Douglas T. Dietrich make over time.

Douglas T. Dietrich's compensation as CEO of Minerals Technologies Inc. has seen a notable progression. In 2021, he earned a total of $7.2 million, with a solid $1 million salary complemented by a substantial performance bonus of $1.84 million. This bonus was rewarded based on the achievement of specific company-wide financial targets, indicating a focus on results and accountability. His approach contrasts with years like 2019 when his total compensation was significantly lower at about $5.4 million. The emphasis on bonuses and performance metrics highlights a philosophy that ties executive rewards directly to company success, ensuring that leadership is motivated to drive results.

Year

2021

Total Compensation

$2.89M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$1.84M

Board Justification

The bonus is based on the achievement of pre-established Company-wide financial goals and individual contributions, with a performance factor achieved of 153.5% of target for 2021.

Other

$47.12K

Board Justification

Other compensation includes various benefits and contributions to retirement plans.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2021 as the focus was on performance units and cash-based incentives.

Performance Metrics

The performance metrics for 2021 included Operating Income (OI) and Return on Capital (ROC), with specific targets set for each.

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