W. Timothy Yaggi is a notable figure in the operations field, with a solid educational background that includes an A.B. from Princeton University and an MBA from Michigan State University. He joined Tempur Sealy International in 2013 as Chief Operating...

Current Market Cap

$9.30B

Number of Employees

13.5K

Total Compensation

2015 - 2016

Trending up by 77.14% last year
Showing total compensation for the last 2015 - 2016

Stock

Up by 49.25% last year

Salary

Down by -73.31% last year

Bonus

Up by 0.00% last year

Other

Up by 202.78% last year

Year

2016

Total Compensation

$4.02M

Salary

$183.12K

Board Justification

The compensation philosophy aims to attract, motivate, and retain management talent, rewarding strong performance and successful execution of business strategies, with a significant portion of compensation tied to performance metrics.

Bonus

$1.00M

Board Justification

Retention bonus awarded in connection with the termination of the previous CEO and the commencement of the search for a new CEO, paid in June 2016.

Other

$933.20K

Board Justification

Includes cash severance, health and welfare continuation, and other benefits.

Restricted Stock

$1.90M(8.9K RSU)

Board Justification

Received 35,587 RSUs, reduced to 8,897 shares to reflect partial year of service in 2016, subject to original performance conditions and vesting schedule.

Performance Metrics

The performance metrics for 2016 included achieving specific annual, long-term, and strategic goals.

SEC Filing

From March 27, 2017

W. Timothy Yaggi

Ex-CEO of Tempur Sealy International

WT

Education

AB from Princeton University; MBA from Michigan State University.

Field of Expertise

Business & Management

Born

Invalid Date - 0 years ago

Is Founder?

No

Tenure

0 years 8 months (May 2015 - Jan 2016)

Previous Experience

Group President of the North America Builder Group at Masco Corporation; Executive Vice President, Market Operations, North America at Whirlpool Corporation.

View Holdings

Insider Holdings of W. Timothy Yaggi

$1.08M

$1.93K (0.18%)