Michael J. Gasser served as the CEO of Greif, Inc., a well-known packaging solutions company, from 2007 until 2011. He holds a Bachelor's degree from Ohio University and brings a strong background in management. Under his leadership, Greif experienced notable...
Michael J. Gasser served as the CEO of Greif, Inc., a well-known packaging solutions company, from 2007 until 2011. He holds a Bachelor's degree from Ohio University and brings a strong background in management. Under his leadership, Greif experienced notable growth, achieving record earnings and stock prices during his tenure. In 2010, his total compensation was impressive, reaching approximately $5.7 million, including significant cash bonuses based on the company's performance metrics like earnings per share and return on net assets. Gasser also had an option to extend his employment until the age of 65, reflecting his commitment to the company and its vision. Interestingly, he exercised an option to extend his contract in 2010, showing his ongoing confidence in Greif's direction. Gasser is also subject to certain post-employment covenants that ensure his continued alignment with the company's interests. He transitioned to the role of Executive Chairman after stepping down as CEO, indicating a lasting influence on the company’s strategic direction.