Joseph C. Muscari had a noteworthy ride in terms of holdings at Minerals Technologies Inc. At one point, his wealth was heavily tied to the company's stock performance, but he never opted for stock grants in his final years, which...

Joseph C. Muscari had a noteworthy ride in terms of holdings at Minerals Technologies Inc. At one point, his wealth was heavily tied to the company's stock performance, but he never opted for stock grants in his final years, which is quite unusual for a CEO. His most substantial compensation came in 2013, when he earned a total of $4.8 million largely through performance-based bonuses and base salary alone. This indicated a focus on aligning his interests with the company's long-term success. His handling of these assets reflected a strategic approach to managing risk and reward, ensuring that his compensation was directly tied to the company’s performance metrics. However, by 2016, as he passed away, he did not retain any vested stock due to terms of unvested options at that time.