Clean Harbors Executive Pay Details Revealed

Ticker: CLH · Form: DEF 14A · Filed: 2025-04-11T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, regulation-s-k

Related Tickers: CLH

TL;DR

Clean Harbors DEF 14A shows CEO McKim's 2023 pay was $2.3M, with detailed breakdowns for "Compensation Actually Paid".

AI Summary

Clean Harbors Inc. filed its DEF 14A on April 11, 2025, detailing executive compensation. For fiscal year 2023, CEO Alan S. McKim's total compensation was $2,296,564, with adjustments made for stock awards and changes in their fair value to calculate "Compensation Actually Paid" (CAP). The filing includes reconciliations for CAP for PEOs and Non-PEO NEOs for fiscal years 2020 through 2024.

Why It Matters

This filing provides transparency into how executive compensation is determined and calculated, which can influence investor decisions and corporate governance.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of executive compensation and does not present immediate financial risks.

Key Numbers

$2,296,564 — CEO Total Compensation (2023) (Represents the reported total compensation for CEO Alan S. McKim in fiscal year 2023.)
2020-2024 — CAP Calculation Period (The range of fiscal years for which reconciliations of compensation data are provided.)

Key Players & Entities

Clean Harbors Inc. (company) — Filer of the DEF 14A
Alan S. McKim (person) — CEO of Clean Harbors Inc.
$2,296,564 (dollar_amount) — Total compensation for Alan S. McKim in fiscal year 2023
2023 (date) — Fiscal year for compensation data
April 11, 2025 (date) — Filing date of the DEF 14A

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used by companies to solicit proxies from shareholders when they are asked to vote on important matters at a shareholder meeting, such as the election of directors or executive compensation.

Who is identified as the PEO in this filing?

Alan S. McKim is identified as the PEO (Principal Executive Officer) in this filing.

What is 'CAP' as mentioned in the filing?

CAP stands for 'Compensation Actually Paid', calculated in accordance with Item 402(v) of Regulation S-K, and is detailed in the filing with reconciliations from the Summary Compensation Table.

For which fiscal years are CAP reconciliations provided?

Reconciliations of Summary Compensation Table data to CAP are included for fiscal years 2020, 2021, 2022, 2023, and 2024.

What was the total compensation for Alan S. McKim in fiscal year 2022?

The Summary Compensation Table shows a total compensation of $6,241,356 for Alan S. McKim in fiscal year 2022.

From the Filing

0000822818-25-000011.txt : 20250411 0000822818-25-000011.hdr.sgml : 20250411 20250411110304 ACCESSION NUMBER: 0000822818-25-000011 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 34 CONFORMED PERIOD OF REPORT: 20250521 FILED AS OF DATE: 20250411 DATE AS OF CHANGE: 20250411 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CLEAN HARBORS INC CENTRAL INDEX KEY: 0000822818 STANDARD INDUSTRIAL CLASSIFICATION: HAZARDOUS WASTE MANAGEMENT [4955] ORGANIZATION NAME: 01 Energy & Transportation EIN: 042997780 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34223 FILM NUMBER: 25830476 BUSINESS ADDRESS: STREET 1: 42 LONGWATER DRIVE STREET 2: P.O. BOX 9149 CITY: NORWELL STATE: MA ZIP: 02061-9149 BUSINESS PHONE: 781-792-5000 MAIL ADDRESS: STREET 1: 42 LONGWATER DRIVE CITY: NORWELL STATE: MA ZIP: 02061-9149 DEF 14A 1 clh-20250411.htm DEF 14A clh-20250411 CLEAN HARBORS, INC. 0000822818 DEF 14A false 9)    CAP is calculated in accordance with the Item 402(v) of Regulation S-K. Reconciliations of Summary Compensation Table data to CAP for fiscal 2024, 2023, 2022, 2021, and 2020 for the PEOs and the Non-PEO NEOs are included in the table below: PEO (Alan S. McKim) Year 2024 2023 2022 2021 2020 Summary Compensation Table Total Compensation $ —  $ 2,296,564  $ 6,241,356  $ 5,612,724  $ 3,828,532  Less: Grant Date Fair Value of Stock Awards (from Summary Compensation Table) —  —  1,199,998  1,293,846  1,406,079  Add: —  Change in Fair Value of Awards Granted During Year and Outstanding and Unvested as of Year-End —  —  1,492,575  1,384,608  1,835,380  Change in Fair Value of Prior Year Awards Unvested as of Year-End —  1,134,728  159,314  150,020  (218,891) Change in Fair Value of Prior Year Awards that Vested During Year —  189,183  79,802  747,590  (377,776) Total Additions to Compensation Actually Paid —  1,323,911  1,731,691  2,282,218  1,238,713  Compensation Actually Paid $ —  $ 3,620,475  $ 6,773,049  $ 6,601,096  $ 3,661,166  Co-PEO (Michael L. Battles) Year 2024 2023 2022 2021 2020 Summary Compensation Table Total Compensation $ 5,286,045  $ 4,917,312  $ —  $ —  $ —  Less: Grant Date Fair Value of Stock Awards (from Summary Compensation Table) 2,881,028  2,931,746  —  —  —  Add: Change in Fair Value of Awards Granted During Year and Outstanding and Unvested as of Year-End 4,339,520  5,086,269  —  —  —  Change in Fair Value of Prior Year Awards Unvested as of Year-End 1,799,853  1,250,254  —  —  —  Change in Fair Value of Prior Year Awards that Vested During Year 345,520  846,669  —  —  —  Change in Fair Value of Prior Year Awards that Forfeited During Year (827,875) —  —  —  —  Total Additions to Compensation Actually Paid 5,657,018  7,183,192  —  —  —  Compensation Actually Paid $ 8,062,035  $ 9,168,758  $ —  $ —  $ —  Co-PEO (Eric W. Gerstenberg) Year 2024 2023 2022 2021 2020 Summary Compensation Table Total Compensation $ 5,282,845  $ 4,938,543  $ —  $ —  $ —  Less: Grant Date Fair Value of Stock Awards (from Summary Compensation Table) 2,881,028  2,931,746  —  —  —  Add: Change in Fair Value of Awards Granted During Year and Outstanding and Unvested as of Year-End 4,339,520  5,086,268  —  —  —  Change in Fair Value of Prior Year Awards Unvested