Michael H. Sullivan is the CEO of RPM International, Inc., a company known for its various specialty coatings and sealants. He took the position after the successful completion of RPM's MAP to Growth program, which aimed to improve the company's...

Current Market Cap

$17.49B

Number of Employees

17.21K

Total Compensation

2021 - 2023

Trending up by 25.35% last year
Showing total compensation for the last 2021 - 2023

Stock

Up by 30.88% last year

Salary

Up by 7.04% last year

Bonus

Up by 41.07% last year

Other

Up by 5.29% last year

Year

2023

Total Compensation

$4.17M

Salary

$1.07M

Board Justification

The compensation philosophy is performance-based, aligning executive compensation with the achievement of strong operating and financial results that enhance stockholder value.

Bonus

$1.58M

Board Justification

Annual cash incentive compensation based on performance metrics for fiscal 2024, paid in July 2024.

Other

$250.54K

Board Justification

Includes 401(k) matching contributions, automobile allowance, life insurance premiums, matched charitable contributions, and financial consulting fees.

Restricted Stock

$1.27M(11.14K PERS)

Board Justification

Performance Earned Restricted Stock (PERS) awarded based on the level of attainment of fiscal 2024 performance goals, determined in July 2024.

Performance Metrics

Key performance metrics include EBIT margin, revenue growth, working capital ratio, and gross profit margin.

SEC Filing

From August 22, 2024