Lawrence H. Silber has been the CEO of Herc Holdings Inc. since 2016. He previously worked at Ingersoll-Rand for nearly thirty years, where he held various leadership roles, showing his deep expertise in management and industrial operations. Silber led Hayward...

Current Market Cap

$6.12B

Number of Employees

7.2K

Total Compensation

2017 - 2022

Trending up by 56.55% last year
Showing total compensation for the last 2017 - 2022

Stock

Up by 0.00% last year

Salary

Up by 1.15% last year

Bonus

Up by 119.38% last year

Other

Up by 32.72% last year

Year

2022

Total Compensation

$3.22M

Salary

$971.64K

Board Justification

The compensation philosophy is designed to align with the company's performance and long-term objectives, focusing on pay-for-performance principles.

Bonus

$2.01M

Board Justification

The bonus is based on the Executive Incentive Compensation Plan (EICP) which rewards achievement of pre-established performance goals.

Other

$240.68K

Board Justification

Other compensation includes personal use of a car, company 401(k) matching contributions, personal aircraft usage, and other allowances.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2022 as the focus was on performance-based awards that vest over a longer period.

Performance Metrics

The performance metrics include financial metrics such as Adjusted EBITDA and management business objectives (MBOs) that are critical to the company's success.

SEC Filing

From March 31, 2023