EXECUTIVE COMPENSATION TABLES
Summary Compensation Table
The following table sets forth the compensation earned by the NEOs for the fiscal year ended December 31,
2021: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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Name and Principal Position(1) | | Fiscal Year | | Salary(3) ($) | | Bonus(4) ($) | | Stock Awards(5) ($) | | Option Awards(6) ($) | | Non-Equity Incentive Plan Compensation(7) ($) | | All Other Compensation(8) ($) | | Total ($) |
Donald M. Casey, Jr. Chief Executive Officer | | | | 2021 | | | | | 1,020,630 | | | | | — | | | | | 5,719,466 | | | | | 1,675,483 | | | | | 643,750 | | | | | 192,555 | | | | | 9,251,885 | |
| | | 2020 | | | | | 777,439 | | | | | — | | | | | 4,157,311 | | | | | 1,382,024 | | | | | 625,000 | | | | | 225,094 | | | | | 7,166,868 | |
| | | 2019 | | | | | 925,000 | | | | | — | | | | | 8,222,964 | | | | | 1,000,054 | | | | | 1,110,000 | | | | | 108,225 | | | | | 11,366,243 | |
Jorge M. Gomez Executive Vice President, Chief Financial Officer | | | | 2021 | | | | | 762,411 | | | | | — | | | | | 1,842,966 | | | | | 562,733 | | | | | 288,529 | | | | | 137,348 | | | | | 3,593,986 | |
| | | 2020 | | | | | 703,904 | | | | | — | | | | | 1,587,324 | | | | | 527,536 | | | | | 280,100 | | | | | 438,226 | | | | | 3,537,090 | |
| | | 2019 | | | | | 254,247 | | | | | 1,100,000 | | | | | 8,171,764 | | | | | 524,632 | | | | | 190,700 | | | | | 56,699 | | | | | 10,298,042 | |
Walter Petersohn Senior Vice President, Chief Commercial Officer | | | | 2021 | | | | | 449,587 | | | | | — | | | | | 716,710 | | | | | 219,371 | | | | | 149,009 | | | | | 79,297 | | | | | 1,613,973 | |
| | | 2020 | | | | | 536,927 | | | | | — | | | | | 491,308 | | | | | 163,476 | | | | | 145,898 | | | | | 221,392 | | | | | 1,559,001 | |
| | | 2019 | | | | | 595,281 | | | | | — | | | | | 2,023,767 | | | | | 162,139 | | | | | 272,108 | | | | | 57,115 | | | | | 3,110,410 | |
Keith J. Ebling Executive Vice President, General Counsel & Secretary | | | | 2021 | | | | | 714,951 | | | | | — | | | | | 1,228,657 | | | | | 375,156 | | | | | 270,568 | | | | | 114,397 | | | | | 2,703,730 | |
| | | 2020 | | | | | 660,087 | | | | | — | | | | | 1,096,016 | | | | | 364,060 | | | | | 262,700 | | | | | 139,988 | | | | | 2,522,851 | |
| | | 2019 | | | | | 680,000 | | | | | — | | | | | 2,980,823 | | | | | 362,150 | | | | | 510,000 | | | | | 79,560 | | | | | 4,612,533 | |
Daniel P. Key(2) Senior Vice President, Chief Supply Chain Officer | | | | 2021 | | | | | 557,264 | | | | | — | | | | | 614,308 | | | | | 187,578 | | | | | 182,774 | | | | | 85,976 | | | | | 1,627,900 | |
| | | 2020 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | 2019 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
2023: | Simon D. Campion
President and
Chief Executive Officer | 2023 | | | 1,000,000 | | | — | | | 4,629,248 | | | 1,437,346 | | | 1,212,500 | | | 239,893 | | | 8,518,987 | |
2022 | | | 304,110 | | | — | | | 7,000,008 | | | — | | | 228,082 | | | 20,235 | | | 7,552,435 | |
| Glenn G. Coleman
Executive Vice President,
Chief Financial Officer | 2023 | | | 644,178 | | | — | | | 2,012,684 | | | 624,442 | | | 529,620 | | | 85,380 | | | 3,896,304 | |
2022 | | | 166,096 | | | 300,000 | | | 2,874,587 | | | 749,676 | | | 79,726 | | | 50,748 | | | 4,220,833 | |
| Richard C. Rosenzweig
Executive Vice President,
Corporate Development,
General Counsel and Secretary | 2023 | | | 464,110 | | | 250,000 | | | 2,747,904 | | | 386,978 | | | 420,131 | | | 84,879 | | | 4,354,002 | |
| Andreas G. Frank
Executive Vice President
Chief Business Officer | 2023 | | | 721,479 | | | — | | | 1,811,457 | | | 562,877 | | | 529,620 | | | 121,275 | | | 3,746,708 | |
2022 | | | 481,370 | | | 1,000,000 | | | 4,419,220 | | | 499,762 | | | 315,000 | | | 531,766 | | | 7,247,118 | |
| Robert (Tony) A. Johnson
Senior Vice President,
Chief Supply Chain Officer | 2023 | | | 541,110 | | | 500,000 | | | 1,046,625 | | | 325,413 | | | 400,393 | | | 124,218 | | | 2,937,759 | |
Amounts in the table above and throughout the Proxy Statement are based on actual values and therefore amounts may not exactly recalculate due to rounding.
(1)1.
| Principal positions are the positions held at the end of 2021. |
(2) | 2023, with the exception of Mr. Key joined the CompanyRosenzweig who served as Senior Vice President, Chief Supply Chain Officer effective January 21, 2019. His last day withCorporate Development, General Counsel and Secretary until February 2024 at which time he assumed the Company was January 21, 2022. title of Executive Vice President, Corporate Development, General Counsel and Secretary. |
(3)2.
| The Amount for Mr. Petersohn has been converted from Euros to U.S. dollars using the rate of $1.137 to €1.
|
(4) | Bonus amount for Mr. Gomez in 2019Rosenzweig is for a one-time cash payment at the start of his role as ExecutiveSenior Vice President, Corporate Development, General Counsel and Secretary and the bonus amount for Mr. Johnson was the second half of his one-time cash payment awarded 6 months after the start of his role as Senior Vice President, Chief FinancialSupply Chain Officer. |
(5)3.
| Represents the aggregate grant date fair value for PRSUs at target and RSUs granted in each respective year as computed in accordance with FASB ASC Topic 718. Mr. Casey’s stock awards of $5,719,466 include an annual grant of $5,719,466 PRSUs at target. In 2021,2023, the number of shares that could be granted upon the conversion of the annual grant of PRSUs ranges from zero to a maximum of 2.52 times the target amount. The value of PRSUs assuming the highest level of performance conditions are achieved is as follows: Mr. Casey: $14,298,665;Campion: $6,383,522; Mr. Gomez: $3,201,163;Coleman: $2,775,384; Mr. Petersohn: $1,244,891;Rosenzweig: $1,720,750; Mr. Ebling: $2,134,192;Frank: $2,497,905; and Mr. Key: $1,066,972. Johnson: $1,443,271. |
(6)4.
| Represents the grant date full fair value of compensation costs of stock options granted during the respective year for financial statement reporting purposes, using the Black-Scholes option pricing model as computed in accordance with FASB ASC Topic 718. Assumptions used in the calculation of these amounts are similar to those included in Note 14, Equity, to the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K. |
(7)5.
| Amounts shown represent the Company’s Annual Incentive Plan awards earned for services provided in 2021, 2020, 20192023 and 2022 that were paid in cash in 2023 and 2022, 2021, 2020, respectively. The amount for Mr. Petersohn has been converted from Euros to U.S. dollars using the rate of $1.137 to €1 |
(8)6.
| Amounts shown are described in the “All Other Compensation” table that follows. |