Sotera Health Management
Management criteria checks 3/4
Sotera Health's CEO is Michael Petras, appointed in Jun 2016, has a tenure of 8.08 years. total yearly compensation is $9.70M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 1.98% of the company’s shares, worth €60.80M. The average tenure of the management team and the board of directors is 3.8 years and 3.8 years respectively.
Key information
Michael Petras
Chief executive officer
US$9.7m
Total compensation
| CEO salary percentage | 10.8% |
| CEO tenure | 8.1yrs |
| CEO ownership | 2.0% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$55m |
| Dec 31 2023 | US$10m | US$1m | US$51m |
| Sep 30 2023 | n/a | n/a | -US$306m |
| Jun 30 2023 | n/a | n/a | -US$268m |
| Mar 31 2023 | n/a | n/a | -US$261m |
| Dec 31 2022 | US$17m | US$1m | -US$234m |
| Sep 30 2022 | n/a | n/a | US$121m |
| Jun 30 2022 | n/a | n/a | US$123m |
| Mar 31 2022 | n/a | n/a | US$135m |
| Dec 31 2021 | US$2m | US$1m | US$115m |
| Sep 30 2021 | n/a | n/a | US$36m |
| Jun 30 2021 | n/a | n/a | US$9m |
| Mar 31 2021 | n/a | n/a | -US$26m |
| Dec 31 2020 | US$17m | US$728k | -US$39m |
| Sep 30 2020 | n/a | n/a | -US$23m |
| Jun 30 2020 | n/a | n/a | -US$28m |
| Mar 31 2020 | n/a | n/a | -US$29m |
| Dec 31 2019 | US$2m | US$700k | -US$21m |
Compensation vs Market: Michael's total compensation ($USD9.70M) is above average for companies of similar size in the German market ($USD2.15M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Petras (55 yo)
8.1yrs
Tenure
US$9,701,005
Compensation
Mr. Michael B. Petras Jr., serves as Chief Executive Officer at Sotera Health Company since June 20, 2016. He has been Chairman of the Board at Sotera Health Company since October 2020. He also served as t...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.1yrs | US$9.70m | 1.98% $ 60.8m | |
| Senior VP & CFO | 1.1yrs | US$2.18m | no data | |
| Senior VP | 1.7yrs | US$862.18k | 0.083% $ 2.6m | |
| President of Sterigenics | 3.8yrs | US$2.03m | 0.17% $ 5.2m | |
| Chief Information Officer | 5.5yrs | no data | no data | |
| Chief Marketing Officer | 7.7yrs | no data | no data | |
| Senior Vice President of Strategy & Corporate Development | 2.5yrs | no data | no data | |
| Chief Human Resources Officer | 5.5yrs | no data | no data | |
| Senior Vice President of Global Environmental | no data | no data | no data | |
| President of Nelson Labs | 3.8yrs | no data | no data | |
| President of Nordion | 2.4yrs | no data | no data | |
| VP & Treasurer | no data | no data | no data |
3.8yrs
Average Tenure
54.5yo
Average Age
Experienced Management: SH5's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.1yrs | US$9.70m | 1.98% $ 60.8m | |
| Independent Director | 3.8yrs | US$302.50k | 0.015% $ 450.4k | |
| Independent Director | 3.8yrs | US$320.00k | 0.015% $ 450.4k | |
| Independent Director | 3.8yrs | US$305.00k | 0.015% $ 450.4k | |
| Independent Director | 3.8yrs | US$302.50k | 0.015% $ 450.4k | |
| Independent Director | 3.7yrs | US$325.00k | 0.015% $ 450.4k | |
| Independent Director | 3.8yrs | US$322.50k | 0.031% $ 940.1k | |
| Independent Director | 1.8yrs | US$300.00k | 0.0056% $ 170.3k | |
| Independent Director | 3.7yrs | US$302.50k | 0.015% $ 450.4k | |
| Independent Director | 3.2yrs | US$310.00k | 0.013% $ 386.9k | |
| Independent Director | less than a year | US$9.99k | no data |
3.8yrs
Average Tenure
61yo
Average Age
Experienced Board: SH5's board of directors are considered experienced (3.8 years average tenure).