Sundar PichaiSundar Pichai earned $164M in 2023

Keith J. Allman has been the CEO of Masco Corporation since 2014. He started with the company back in 1998, showing a long commitment to the business. In 2023, his total pay was about $12.7 million, which included a performance...

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Keith J. Allman

CEO of Masco

Education

Not provided

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1963 - 62 years ago

CEO of Masco for

11 years 1 month (Feb 2014 - Present)

Previous Experience

Employed with Masco Corporation since 1998

Holdings

See how much did Keith J. Allman make over time.

Throughout his career at Masco, Keith J. Allman has shown a clear investment strategy through insider trading activities. In 2020, he reported some of his highest trading values, peaking at $33 million in stock sales. This trend reflects a significant...

Total Stock Sold

$162.59M

MAS

$162.59M

2,444,927 MAS shares

What if they kept their stock?

If Keith J. Allman didn't sell their stock, today they would have:
Extra MAS2,444,927 shares worth $91.46M.
This is -43.74% and $71.12M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Keith J. Allman.

MAS

$1.66M

MAS at $76.36/share

Feb 25, 2025

Sale

MAS

29,300 shares

MAS

Feb 13, 2025

Received

MAS

$95.85M

MAS at $76.04/share

Mar 6, 2024

Sale

MAS

71,728 shares

MAS

Feb 16, 2024

Received

MAS

$11.24M

MAS at $59.77/share

Jul 13, 2023

Sale

MAS

$11.24M

MAS at $59.77/share

Jul 13, 2023

Sale

MAS

$1.81M

MAS at $53.26/share

Feb 25, 2023

Sale

MAS

$3.87M

MAS at $55.92/share

Feb 13, 2023

Sale

MAS

122,700 shares

MAS

Feb 13, 2023

Received

MAS

$1.79M

MAS at $53.52/share

Feb 9, 2023

Sale

Compensation History

See how much did Keith J. Allman make over time.

In terms of compensation, Keith J. Allman has seen variations over the years based on Masco's performance. In 2023, his total pay reached approximately $12.7 million, significantly influenced by achieving company targets. The main components of his compensation include a base salary of about $1.27 million, a substantial annual performance-based bonus, and vested stock units valued at over $11 million. His compensation structure is designed to motivate performance and includes metrics that shareholders care about, like operating profit and sales growth. This setup aims to align his goals with those of the company and its investors. His approach to compensation reflects a commitment to a culture of performance and shareholder value.

Year

2023

Total Compensation

$15.17M

Salary

$1.27M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests.

Bonus

$2.66M

Board Justification

Annual performance-based cash bonus earned based on the achievement of performance targets for 2023.

Other

$214.78K

Board Justification

Includes profit sharing and 401(k) matching contributions, financial planning expenses, and personal use of company aircraft.

Restricted Stock

$11.02M(200.69K RSU)

Board Justification

Restricted stock units that vested in 2023 as part of the annual performance program and long-term incentive program.

Performance Metrics

The performance metrics for 2023 included operating profit, net sales, and working capital as a percent of sales, with a DE&I performance modifier.

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