Sherwin-Williams Management
Management criteria checks 2/4
Sherwin-Williams' CEO is Heidi Petz, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is $10.09M, comprised of 8.7% salary and 91.3% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €2.34M. The average tenure of the management team and the board of directors is 6.8 years and 5.1 years respectively.
Key information
Heidi Petz
Chief executive officer
US$10.1m
Total compensation
| CEO salary percentage | 8.7% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.003% |
| Management average tenure | 6.8yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$10m | US$873k | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$4m | US$761k | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$3m | US$560k | US$2b |
Compensation vs Market: Heidi's total compensation ($USD10.09M) is above average for companies of similar size in the BG market ($USD4.50M).
Compensation vs Earnings: Heidi's compensation has increased by more than 20% in the past year.
CEO
Heidi Petz (48 yo)
2.2yrs
Tenure
US$10,085,512
Compensation
Ms. Heidi G. Petz is Independent Director of Ulta Beauty, Inc. from December 16, 2022. She has been the President of The Sherwin-Williams Company since March 1, 2022 and serves as its Chief Executive Offic...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.6yrs | US$19.28m | 0.17% $ 124.1m | |
| CEO, President & Director | 2.2yrs | US$10.09m | 0.0032% $ 2.3m | |
| Senior VP of Finance & CFO | 7.3yrs | US$8.13m | 0.028% $ 21.0m | |
| President of Global Architectural | 7.6yrs | US$4.89m | 0.0064% $ 4.7m | |
| President of Global Industrial | 6.9yrs | US$4.75m | 0.0039% $ 2.9m | |
| Senior Vice President of Investor Relations & Corporate Communications | 6.6yrs | no data | 0.0013% $ 958.2k | |
| Senior VP | 6.8yrs | US$3.32m | 0.012% $ 8.6m | |
| Senior Vice President of Marketing | no data | no data | no data | |
| Senior Vice President - Human Resources | 1.3yrs | no data | 0.0046% $ 3.4m | |
| President and GM of Industrial Wood Division - Performance Coatings Group | 13.5yrs | US$3.93m | no data | |
| Senior Vice President of Enterprise Finance | 1.8yrs | no data | 0.0096% $ 7.2m | |
| President & GM Automotive Finishes Division Performance Coatings Group | no data | no data | no data |
6.8yrs
Average Tenure
52.5yo
Average Age
Experienced Management: SJ3's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.6yrs | US$19.28m | 0.17% $ 124.1m | |
| CEO, President & Director | less than a year | US$10.09m | 0.0032% $ 2.3m | |
| Independent Director | 10.1yrs | US$298.94k | 0.0042% $ 3.1m | |
| Independent Director | 7.1yrs | US$301.94k | 0.0023% $ 1.7m | |
| Lead Independent Director | 5.1yrs | US$356.46k | 0.0019% $ 1.4m | |
| Independent Director | 5.1yrs | US$326.94k | 0.0014% $ 1.0m | |
| Independent Director | 18.1yrs | US$298.94k | 0.017% $ 12.3m | |
| Independent Director | 2.8yrs | US$301.54k | 0.00038% $ 282.3k | |
| Independent Director | less than a year | US$260.49k | no data | |
| Independent Director | 9.8yrs | US$312.95k | 0.0042% $ 3.1m | |
| Independent Director | 3.1yrs | US$298.94k | 0.00041% $ 304.5k |
5.1yrs
Average Tenure
64yo
Average Age
Experienced Board: SJ3's board of directors are considered experienced (5.1 years average tenure).