Steven A. Michaels
2021 - PROG Holdings
In 2021, Steven A. Michaels earned a total compensation of $7.5M as Chief Executive Officer at PROG Holdings, a 100% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,358,600 |
|---|---|
| Option Awards | $1,111,116 |
| Salary | $900,000 |
| Stock Awards | $3,705,015 |
| Other | $383,300 |
| Total | $7,458,031 |
Michaels received $3.7M in stock awards, accounting for 50% of the total pay in 2021.
Michaels also received $1.4M in non-equity incentive plan, $1.1M in option awards, $900K in salary and $383.3K in other compensation.
Rankings
In 2021, Steven A. Michaels' compensation ranked 1,591st out of 12,406 executives tracked by ExecPay. In other words, Michaels earned more than 87.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,591 out of 12,406 | 87th |
Division Services | 468 out of 2,290 | 80th |
Major group Business Services | 343 out of 1,536 | 78th |
Industry group Miscellaneous Equipment Rental And Leasing | 8 out of 48 | 83rd |
Industry Equipment Rental and Leasing, Not Elsewhere Classified | 5 out of 30 | 83rd |
Pay ratio
| Steven A. Michaels' Pay | $7,458,031 |
|---|---|
| Median Employee's Pay | $53,542 |
| Pay Ratio | 139to 1 |
In 2021, the annual total compensation of Steven A. Michaels was $7,458,031.
The annual total compensation of the median employee at PROG Holdings was $53,542.
The ratio of Steven A. Michaels' pay to the pay of median employee was therefore 139 to one.
Source: SEC filing on April 25, 2022.
Michaels' colleagues
We found three more compensation records of executives who worked with Steven A. Michaels at PROG Holdings in 2021.