Eric W. Gerstenberg is the Chief Operating Officer of Clean Harbors, Inc., a position he has held since January 2015. He has been with the company for more than three decades, starting as an employee in the Field Operations team...

Current Market Cap

$13.09B

Number of Employees

21.54K

Total Compensation

2023 - 2023

Trending up by 0.00% last year
Showing total compensation for the last 2023 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$5.92M

Salary

$831.25K

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

$1.17M

Board Justification

The bonus is based on the achievement of performance goals established for the year 2023, with a payout of approximately 58% of the maximum potential cash bonus target opportunity due to the Company's performance.

Other

$6.67K

Board Justification

Other compensation includes matching 401(k) Plan contributions, Company contributions to health savings plans, and group term life insurance benefits.

Restricted Stock

$3.92M(22.45K RSU)

Board Justification

The time-vesting shares granted on February 1, 2023, vest in equal proportions over five years beginning on February 1, 2024, subject to continued employment.

Performance Metrics

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

SEC Filing

From April 10, 2024

Eric W. Gerstenberg

CEO of Clean Harbors

C

Education

BS in Engineering from Syracuse University

Field of Expertise

Business & Management

Born

January 1, 1970 - 54 years ago

Is Founder?

No

Current Tenure

1 year 6 months (Mar 2023 - Present)

Previous Experience

Chief Operating Officer at Clean Harbors

View Holdings

Insider Holdings of Eric W. Gerstenberg

CLH

$14.89M

$3.54M (31.14%)

Last Insider Trade

CLH

$2.87M

CLH at $187.71/share

Mar 15, 2024

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