Peter Pfeiffer served as the CEO of AptarGroup, Inc. from 2008 to 2018. He holds a Master’s degree in Business Administration from Harvard University, which laid a solid foundation for his leadership and strategic thinking skills. Under his guidance, AptarGroup...

Number of Employees

13.8K

Year

2018

Total Compensation

$3.81M

Salary

$1.03M

Board Justification

The compensation philosophy aims to fairly reward executives for growing the business and increasing shareholder value, with a significant portion of compensation being performance-based and aligned with stockholder interests.

Bonus

$0.00

Board Justification

No bonus was reported for 2018 as it was not applicable or not provided.

Other

$1.54M

Board Justification

Other compensation includes Company contributions to profit sharing and savings plans, premiums related to Company-provided term life insurance and supplemental disability insurance, and amounts related to a Company-provided automobile.

Restricted Stock

$1.24M(13.82K RSU)

Board Justification

Restricted Stock Units (RSUs) granted in lieu of a portion of the annual performance incentive for 2018, which vest over a three-year period.

Performance Metrics

The performance metrics for determining the annual performance incentive were based on improvements in Adjusted EBITDA and core sales growth from the prior year.

SEC Filing

From March 22, 2019

Peter Pfeiffer

Ex-CEO of AptarGroup

PP

Education

Master's degree in Business Administration from Harvard University

Field of Expertise

Business & Management

Born

July 15, 1954 - 70 years ago

Is Founder?

No

Tenure

10 years 0 months (Jan 2008 - Jan 2018)

Previous Experience

President of AptarGroup, Inc. and held various roles within the company since 1989.