Sherwin Williams CEO John Morikis' 2018 pay slips 2% to $13.2M

Sherwin Williams reports 2018 executive compensation

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 $13.2M in total, which decreased by 2% compared to 2017. 41.72% 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 $572.5K in other compensation.

Allen J. Mistysyn, Chief Financial Officer, received a compensation package of $3.4M, which increased by 5% compared to previous year. 30.59% 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.