Sherwin Williams CEO John Morikis' 2021 pay rises 3% to $16M
Sherwin Williams reports 2021 executive compensation
By ExecPay News
Published: March 9, 2022
Sherwin Williams reported fiscal year 2021 executive compensation information on March 9, 2022.
In 2021, six executives at Sherwin Williams received on average a compensation package of $5.7M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Sherwin Williams
John G. Morikis, Chief Executive Officer, received $16M in total, which increased by 3% compared to 2020. 37% of Morikis' compensation, or $5.9M, was in stock awards. Morikis also received $3.3M in non-equity incentive plan, $4.5M in option awards, $1.4M in salary, as well as $799K in other compensation.
Allen J. Mistysyn, Chief Financial Officer, received a compensation package of $4.7M, which increased by 3% compared to previous year. 32% of the compensation package, or $1.5M, was in stock awards.
Peter J. Ippolito, President and General Manager, Industrial Wood Division, PCG, earned $3.9M in 2021, a 6% increase compared to previous year.
Mary L. Garceau, General Counsel, received $3.3M in 2021, which increases by 3% compared to 2020.
Heidi G. Petz, Chief Operating Officer, earned $3.3M in 2021.
Justin T. Binns, President, TAG, received $2.9M in 2021.
Related executives
John Morikis
Sherwin Williams
Chief Executive Officer
Allen Mistysyn
Sherwin Williams
Chief Financial Officer
Peter Ippolito
Sherwin Williams
President and General Manager, Industrial Wood Division, PCG
Mary Garceau
Sherwin Williams
General Counsel
Heidi Petz
Sherwin Williams
Chief Operating Officer
Justin Binns
Sherwin Williams
President, TAG
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Source: SEC filing on March 9, 2022.