Sundar PichaiSundar Pichai earned $164M in 2023

Jon Vander Ark is the CEO of Republic Services, a major player in the waste management game. He stepped into the CEO role in June 2021 after working his way up from Chief Marketing Officer when he joined in 2013....

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Jon Vander Ark

CEO of Republic Services

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1975 - 50 years ago

CEO of Republic Services for

3 years 9 months (Jun 2021 - Present)

Previous Experience

President of Republic Services, Inc.

Holdings

See how much did Jon Vander Ark make over time.

Jon Vander Ark's holdings reflect his significant investment in Republic Services. In recent years, his wealth has been heavily tied to the company's stock performance. For example, in 2023, he realized over $11 million from vested stock awards. His stock...

Mar 18, 2025

Total Stock Sold

$6.73M

RSG

$6.73M

64,306 RSG shares

What if they kept their stock?

If Jon Vander Ark didn't sell their stock, today they would have:
Extra RSG64,306 shares worth $5.03M.
This is -25.19% and $1.69M less than what they got when they sold the stock.

Charitable Transactions

RSG

22,317 shares

RSG

Recent Charitable Transactions

RSG

5,446 shares

RSG

Mar 1, 2024

Charity

RSG

7,048 shares

RSG

Aug 15, 2022

Charity

RSG

7,048 shares

RSG

Aug 8, 2022

Charity

RSG

2,775 shares

RSG

Mar 26, 2018

Charity

Insider Trading

See recent insider trades of Jon Vander Ark.

RSG

5,446 shares

RSG

Mar 1, 2024

Charity

RSG

$1.00M

RSG at $184.10/share

Mar 1, 2024

Sale

RSG

27,361 shares

RSG

Mar 1, 2024

Received

RSG

$1.32M

RSG at $131.96/share

Feb 17, 2023

Received

RSG

7,048 shares

RSG

Aug 15, 2022

Charity

RSG

$2.01M

RSG at $142.68/share

Aug 8, 2022

Sale

RSG

7,048 shares

RSG

Aug 8, 2022

Charity

RSG

7,048 shares

RSG

Aug 8, 2022

Charity

RSG

$1.11M

RSG at $120.18/share

Feb 11, 2022

Received

RSG

$859.35K

RSG at $88.96/share

Feb 23, 2021

Received

Compensation History

See how much did Jon Vander Ark make over time.

In 2023, Jon Vander Ark's total compensation topped $11 million, a significant amount that includes a $1.1 million salary and a substantial bonus of over $2.5 million. This bonus was based on exceeding performance targets related to earnings per share and free cash flow, reflecting the company’s robust growth under his guidance. Additionally, he realized over $11 million from vested stock awards, which signifies a strong year for Republic Services. Jon’s pay structure emphasizes performance; bonuses are often tied directly to how well the company performs financially, which ensures that he and the shareholders have aligned interests. His notable compensation reflects not only his effectiveness as a leader but also the performance-driven culture he promotes within the organization, aiming to attract and retain talented executives. His approach seems designed to motivate success at all levels of the company, reinforcing the idea that performance equalizes reward.

Year

2023

Total Compensation

$15.27M

Salary

$1.11M

Board Justification

The compensation philosophy is designed to attract, retain, and motivate executives to drive financial success and shareholder value creation through a performance-based compensation program.

Bonus

$2.59M

Board Justification

The annual cash incentive payout for 2023 was based on performance metrics including EPS and FCF, with an actual payout of 226% of target due to exceeding performance goals.

Other

$262.47K

Board Justification

Other compensation includes matching contributions to the 401(k) plan, retirement contributions to the Deferred Compensation Plan, life insurance premiums, and perquisites including the incremental cost of providing Company-owned aircraft for non-business travel.

Restricted Stock

$11.30M(66.6K RSU and PSU)

Board Justification

The stock awards that vested in 2023 include both RSUs and PSUs, with a total value realized on vesting of $11,298,609 based on the closing price of the stock on the vesting date.

Performance Metrics

The performance metrics for 2023 included EPS and FCF measures, with a sustainability modifier affecting the annual incentive payouts.

Other Republic Services CEOs

Here are other CEOs of Republic Services