Michael A. Reilly, born in 1964, has a solid background in finance. He earned a Bachelor of Business Administration in Accounting from Loyola University Maryland. Over the years, he has built a notable career at SPX Technologies, where he served...
Michael A. Reilly, born in 1964, has a solid background in finance. He earned a Bachelor of Business Administration in Accounting from Loyola University Maryland. Over the years, he has built a notable career at SPX Technologies, where he served as Chief Accounting Officer and Vice President of Finance. He joined SPX in 2004 and took on multiple roles, showing a strong understanding of the company's financial landscape. In September 2022, he briefly stepped in as Interim CFO during a transitional phase in leadership. Reilly's compensation in 2022 reached about $850,508, with most of it being performance-based. He’s retired now, but during his time, he made several notable insider trades, with his holdings peaking at $9.52 million in August 2024, showing confidence in SPX Technologies. He emphasizes aligning compensation with company performance and has seen both highs and lows in his work, like the adjusted operating income metrics that guided his bonuses. His approach has always been about balancing executive pay with actual company performance, which is key in the finance world. With over 18 years of experience, he’s left a significant mark on SPX with smart financial strategies and good decision-making.