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...

Number of Employees

4.03K

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.

SEC Filing

From April 1, 2022

Douglas T. Dietrich

CEO of Minerals Technologies

M

Education

MBA from the University of Chicago Booth School of Business

Field of Expertise

Finance & Banking - Finance

Born

July 12, 1971 - 53 years ago

Is Founder?

No

Current Tenure

8 years 10 months (Feb 2016 - Present)

Previous Experience

Senior Vice President and CFO at Minerals Technologies