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Tom Casey served as CEO of Tronox from 2011 until his retirement on May 15, 2017, primarily for health reasons. He holds a Bachelor's degree in Business Administration and has a wealth of experience in management. During his time at...

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Tom Casey

Ex-CEO of Tronox

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

January 1, 1952 - 73 years ago

CEO of Tronox for

6 years 4 months (Jan 2011 - May 2017)

Previous Experience

CEO of Tronox Limited since January 2011, previously held executive roles in various companies.

Holdings

See how much did Tom Casey make over time.

Tom Casey had substantial investments in Tronox, particularly at the end of his tenure. In 2017, he received over $26 million in stock value thanks to the scheduled vesting of his stock options upon retirement. Before that, his total compensation...

Mar 18, 2025

Insider Trading

See recent insider trades of Tom Casey.

TROX

$12.76M

TROX at $19.10/share

May 15, 2017

Received

TROX

$2.00M

TROX at $12.25/share

Feb 2, 2017

Received

TROX

$1.50M

TROX at $3.53/share

Feb 24, 2016

Received

TROX

$429.24K

TROX at $10.73/share

Aug 6, 2015

Purchase

TROX

$371.37K

TROX at $18.57/share

May 12, 2015

Purchase

TROX

$399.19K

TROX at $19.96/share

Mar 5, 2015

Purchase

TROX

$1.75M

TROX at $21.86/share

Feb 26, 2015

Received

TROX

$431.85K

TROX at $21.59/share

Dec 1, 2014

Purchase

TROX

$3.14M

TROX at $21.98/share

Feb 10, 2014

Received

TROX

$426.49K

TROX at $21.32/share

Dec 2, 2013

Purchase

Compensation History

See how much did Tom Casey make over time.

In 2017, Tom Casey's total compensation was around $27 million, including a salary of $600,000. His earnings were significantly boosted by the vesting of stock options valued at over $26 million due to his retirement arrangement. This was a remarkable payout, especially considering he had no bonus that year. The lucrative compensation was a result of a compensation philosophy that focused on long-term value creation. Just a year earlier, in 2016, his total earnings were about $7.3 million, which included a sizable bonus based on company performance metrics such as EBITDA and safety measures. Casey's compensation history illustrates the critical incentive structures at play for CEOs that align their financial success with company performance.

Year

2017

Total Compensation

$26.90M

Salary

$600.00K

Board Justification

The compensation philosophy is designed to promote creation of long-term shareholder value, recruit and retain qualified high performing executive officers, and motivate high levels of performance through competitive compensation.

Bonus

$0.00

Board Justification

Mr. Casey did not receive a 2017 AIP payment as a result of his retirement as Chief Executive Officer on May 15, 2017.

Other

$9.98K

Board Justification

The incremental cost to the Company of personal use of corporate aircraft, which is included in the Summary Compensation Table in the All Other Compensation column.

Restricted Stock

$26.29M(1.42M RSU)

Board Justification

The shares acquired on vesting by Mr. Casey during 2017 were as a result of schedule vesting of time-based shares from Tronox Management Equity Incentive Plan awards received in 2014, 2015 and 2016, and accelerated vesting upon retirement as CEO on May 15, 2017.

Performance Metrics

The performance metrics for 2017 included adjusted EBITDA, cumulative cash generation, and safety metrics.