F. Quinn Stepan, Jr. has played a significant role at Stepan Company since he started working there in 1987. He became CEO on January 1, 2006, succeeding his father, F. Quinn Stepan, Sr., who remains Chairman. Before stepping into the...

Number of Employees

2.45K

Year

2022

Total Compensation

$1.34M

Salary

$724.52K

Board Justification

The compensation philosophy aligns with company performance and aims to attract and retain top executive talent.

Bonus

$521.67K

Board Justification

Annual incentive award based on Company and individual performance in 2022, prorated based on actual base wages during the period of employment.

Other

$95.11K

Board Justification

Includes personal benefits such as club membership dues and other perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2022 as Mr. Stepan retired in April 2022 and did not receive new grants in 2022.

Performance Metrics

The performance metrics for the bonus included Company and individual performance measures.

SEC Filing

From March 20, 2023