Sundar PichaiSundar Pichai earned $164M in 2023
M

Joseph C. Bartolacci

Ex-CEO of Matthews International

Education

Bachelor's Degree in Business Administration

Field of Expertise

Business & Management

Born

January 1, 1960 - 65 years ago

Economy Sector

Industrials

Tenure

4 years 9 months (Oct 2006 - Jul 2011)

Previous Experience

President of Casket Division, Executive Vice President of Matthews

Joseph C. Bartolacci, born in 1960, has a solid background in business. He earned his Bachelor's Degree in Business Administration and has held significant roles in Matthews International Corp since 2005. He became CEO in 2006, guiding the company through...

Year

2011

Total Compensation

$2.01M

Salary

$669.23K

Board Justification

The compensation philosophy emphasizes performance-based compensation elements while providing fixed compensation (base salary) commensurate with the market, aiming to attract, retain, and motivate highly-qualified executives.

Bonus

$0.00

Board Justification

Mr. Bartolacci did not receive incentive compensation for fiscal 2012 due to not meeting minimum performance thresholds.

Other

$93.07K

Board Justification

Other compensation includes supplemental life insurance coverage, costs associated with personal use of a vehicle leased by the Company, and in certain circumstances, club dues and financial counseling and tax preparation services.

Restricted Stock

$1.25M(1.25M restricted shares)

Board Justification

The stock awards reflect the grant date fair value of awards of restricted shares of the Company’s Common Stock granted during fiscal 2012, computed in accordance with Financial Accounting Standards Board ASC Topic 718.

Performance Metrics

The performance metrics for determining Mr. Bartolacci's compensation included net income and economic value added performance of the Company.