Vito J. Consiglio became the CEO of Rayonier Advanced Materials in January 2022, stepping in after the previous CEO, Paul Boynton, retired. He held the role for just a few months, resigning in May 2022. Before joining Rayonier, Vito was...

Current Market Cap

$563.95M

Number of Employees

2.8K

Total Compensation

2022 - 2022

Trending up by 0.00% last year
Showing total compensation for the last 2022 - 2022

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2022

Total Compensation

$5.05M

Salary

$409.72K

Board Justification

The compensation philosophy is to provide executives with a competitive compensation package that is heavily weighted towards performance-based and at-risk compensation to encourage superior business, stock price, and financial performance.

Bonus

$0.00

Board Justification

Mr. Consiglio was not eligible for a payment under the annual cash incentive program due to his involuntary separation.

Other

$4.64M

Board Justification

Includes severance payments associated with his involuntary termination, tax and financial planning services, and other compensation.

Restricted Stock

$0.00(0 N/A)

Board Justification

All outstanding equity awards including the inducement LPUs were forfeited upon his termination.

Performance Metrics

The performance metrics for the CEO's compensation in 2022 included Collared Business EBITDA, Days Working Capital, and Strategic Initiatives.

SEC Filing

From March 31, 2023

Vito J. Consiglio

Ex-CEO of Rayonier Advanced Materials

VJ

Education

Bachelor's degree in Physiology/Chemistry from Michigan State University, MBA from University of Chicago Booth School of Business

Field of Expertise

Business & Management

Born

January 1, 1964 - 60 years ago

Is Founder?

No

Tenure

0 years 4 months (Jan 2022 - May 2022)

Previous Experience

Senior Vice President and Chief Commercial Officer of Ashland Global Holdings Inc., Group Vice President, Consumer Specialties of Ashland