Sherwin Williams CEO John Morikis' 2018 pay slips 2% to $13M
Sherwin Williams reports 2018 executive compensation
By ExecPay News
Published: March 6, 2019
Sherwin Williams reported fiscal year 2018 executive compensation information on March 6, 2019.
In 2018, five executives at Sherwin Williams received on average a compensation package of $5.1M, a 4% decrease compared to previous year.
Average pay of disclosed executives at Sherwin Williams
John G. Morikis, Chief Executive Officer, received $13M in total, which decreased by 2% compared to 2017. 42% of Morikis' compensation, or $5.5M, was in stock awards. Morikis also received $2.3M in non-equity incentive plan, $3.5M in option awards, $1.3M in salary, as well as $572K in other compensation.
Allen J. Mistysyn, Chief Financial Officer, received a compensation package of $3.4M, which increased by 5% compared to previous year. 31% of the compensation package, or $1M, was in stock awards.
Aaron M. Erter, President, Consumer Brands Group, earned $3.1M in 2018.
David B. Sewell, President, Performance Coatings Group, received $3M in 2018.
Peter J. Ippolito, President, The Americas Group, earned $2.7M in 2018.
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Source: SEC filing on March 6, 2019.