Philip Angelastro has been the Chief Financial Officer of Omnicom Group Inc. since 2014. His experience in finance dates back to his early career at Coopers & Lybrand. After that, he was the Chief Financial Officer of DAS Network before...

Current Market Cap

$20.11B

Number of Employees

75.9K

Total Compensation

2019 - 2023

Trending up by 137.17% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 393.49% last year

Salary

Up by 3.17% last year

Bonus

Up by 0.00% last year

Other

Down by -4.45% last year

Year

2023

Total Compensation

$19.79M

Salary

$950.00K

Board Justification

Omnicom's compensation philosophy is designed to attract, motivate, and retain talented executives by providing a competitive total rewards package that aligns with the company's performance and shareholder interests.

Bonus

$4.50M

Board Justification

The Annual Incentive Award earned by Philip Angelastro for 2023 was based on performance metrics, with a target of $3,250,000 and a maximum potential of $6,500,000. The final award was adjusted down to $4,500,000 to reallocate funds to the general incentive compensation pool for other employees.

Other

$20.40K

Board Justification

Other compensation includes an auto allowance of $7,200 and employer contributions to retirement savings plans totaling $13,200.

Restricted Stock

$14.32M(165.51K PRSUs)

Board Justification

The stock awards held by Philip Angelastro that vested in 2023 include performance restricted stock units (PRSUs) based on the company's performance relative to return on equity goals for the three-year period ending December 31, 2023.

Performance Metrics

The performance metrics for the 2023 compensation included adjusted diluted EPS growth, adjusted EBITA margin, organic growth, and qualitative metrics related to diversity, equity, and inclusion (DE&I), environmental sustainability, and human capital management.

SEC Filing

From March 28, 2024