CEO Salary & Executive Compensation
Sherwin-Williams SHW
CEO: Heidi Petz · Specialty Chemicals · 64,000 employees
Heidi Petz, CEO of Sherwin-Williams (SHW), earned $8.0M in total compensation in 2025. Sherwin-Williams receives a Pay-for-Performance grade of B (71/100), with a CEO-to-worker pay ratio of 114:1 and a say-on-pay shareholder approval of 87.9%. The company's 3-year total shareholder return is +9.5%.
How Sherwin-Williams CEO Pay Compares
Heidi Petz's $8.0M total compensation is 0% below the Specialty Chemicals industry median of $8.0M. The 114:1 CEO-to-worker pay ratio is 0% lower than the industry average of 114:1.
Total compensation for Heidi Petz at Sherwin-Williams (SHW) was $8.0M. Mid-cap public-company CEO packages tend to track this pattern — equity-heavy, multi-year vesting, performance-tied.
The CEO-to-median-worker pay ratio runs 114x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Three-year performance has been roughly flat — TSR of 9.5% alongside 9.3% revenue growth. Flat performance over a multi-year window is where pay-versus-performance debates get the most heated: large compensation packages without commensurate shareholder returns are the modal complaint at annual meetings.
Shareholders supported the compensation package at 88% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Sherwin-Williams operates in Specialty Chemicals with 64,000 employees and $23.1B in annual revenue, and currently carries a market capitalization of $88.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Sherwin-Williams (SHW).
Compensation Breakdown
Heidi Petz's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
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Peer CEO Compensation
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Heidi Petz, CEO of Sherwin-Williams (SHW), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Heidi Petz, CEO of Sherwin-Williams (SHW), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Sherwin-Williams has a Pay-for-Performance Score of B (71/100). The company's 3-year total shareholder return is +9.5%, and the say-on-pay shareholder vote passed with 87.9% approval.
The CEO-to-median-worker pay ratio at Sherwin-Williams is 114:1. The median worker at Sherwin-Williams earns $70K per year, while CEO Heidi Petz earns $8.0M in total compensation.
Sherwin-Williams employs approximately 64,000 people. The company operates in the Specialty Chemicals industry within the Materials sector, generating $23.1B in annual revenue.