Sherwin Williams reports 2018 executive compensation

CEO John G. Morikis receives $13.2M

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 $5,097,768, a 4% decrease compared to previous year.

Average pay of disclosed executives at Sherwin Williams

John G. Morikis, Chief Executive Officer, received $13,213,749 in total, which decreased by 2% compared to 2017. 41.72% of Morikis' compensation, or $5,512,826, was in stock awards. Morikis also received $2,306,000 in non-equity incentive plan, $3,545,502 in option awards, $1,276,924 in salary, as well as $572,497 in other compensation.

Allen J. Mistysyn, Chief Financial Officer, received a compensation package of $3,366,874, which increased by 5% compared to previous year. 30.59% of the compensation package, or $1,029,869, was in stock awards.

Aaron M. Erter, President, Consumer Brands Group, earned $3,128,410 in 2018.

David B. Sewell, President, Performance Coatings Group, received $3,036,302 in 2018.

Peter J. Ippolito, President, The Americas Group, earned $2,743,505 in 2018.