Companies Global Industrial Co
Global Industrial (GIC): executive pay, fiscal 2025
Free brief. Every figure links to the company’s own filing.
Velarion Intel: free for 3 days, no card →Email me Global Industrial Co’s executive pay brief as a PDF
You get it on this page the moment you ask, and a copy by email. Every figure is cited to its filing.
After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.
CEO pay, last three years
- $4,413,641FY2025
CEO total pay was $4,413,641 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $826,923 · bonus $500,000 · stock awards $1,500,023 · option awards $254,311
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Anesa Chaibi | $826,923 | $500,000 | $1,500,023 | $254,311 | $1,255,000 | $0 | $77,384 | $4,413,641 |
| Chief Executive Officer | ||||||||
| Richard Leeds | 950,000 | 1,000,000 | 0 | 0 | 0 | 0 | 30,000 | 1,980,000 |
| Executive Chairman and Former Interim Chief Executive Officer | ||||||||
| Thomas Clark | 555,124 | 0 | 555,125 | 0 | 322,665 | 0 | 61,220 | 1,494,134 |
| Senior Vice President and Chief Financial Officer | ||||||||
| Adina Storch | 511,808 | 0 | 482,293 | 0 | 297,488 | 0 | 55,142 | 1,346,731 |
| Senior Vice President, General Counsel and Corporate Secretary | ||||||||
| Manoj Shetty | 549,202 | 0 | 329,500 | 0 | 319,224 | 0 | 53,740 | 1,251,666 |
| Senior Vice President and Chief Information Officer | ||||||||
| Claudia Hughes | 467,857 | 0 | 280,724 | 0 | 271,942 | 0 | 62,050 | 1,082,573 |
| Senior Vice President and Chief Sales Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Anesa Chaibi | $4,413,641 | — | — | — |
| Richard Leeds | 1,980,000 | 980,000 | 980,000 | ↑ +1,000,000 |
| Thomas Clark | 1,494,134 | 1,895,683 | 1,289,568 | ↓ −401,549 |
| Adina Storch | 1,346,731 | 1,718,052 | — | ↓ −371,321 |
| Manoj Shetty | 1,251,666 | 1,651,235 | 1,004,442 | ↓ −399,569 |
| Claudia Hughes | 1,082,573 | 1,428,590 | 1,078,085 | ↓ −346,017 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Compensation Committee designs competitive compensation packages aimed at achieving the proper amount and mix of short-term, annual and long-term incentive programs to attract and retain superior talent, reward outstanding contributions to financial and business objectives, promote integrity and good corporate governance, and motivate NEOs to manage for sustained growth and enhanced stockholder value while mitigating risk.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Korn Ferry, US |
| Clawback policy | true |
| Anti-hedging | false |
| Anti-pledging | false |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Thomas Clark | RSU | — | — | — | 23,354 | — | $555,125 |
| Claudia Hughes | RSU | — | — | — | 11,810 | — | 280,724 |
| Manoj Shetty | RSU | — | — | — | 13,862 | — | 329,500 |
| Adina Storch | RSU | — | — | — | 20,290 | — | 482,293 |
| Anesa Chaibi | OPTION | — | — | — | 36,205 | — | 1,754,334 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Thomas Clark | $555,125 | $0 | $0 | 0.0% |
| Claudia Hughes | 280,724 | 0 | 0 | 0.0% |
| Manoj Shetty | 329,500 | 0 | 0 | 0.0% |
| Adina Storch | 482,293 | 0 | 0 | 0.0% |
| Anesa Chaibi | 0 | 0 | 1,754,334 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Claudia Hughes | RSU | 979 | — | $28,606 |
| Adina Storch | RSU | 1,026 | — | 29,980 |
| Manoj Shetty | RSU | 1,154 | — | 33,720 |
| Claudia Hughes | RSU | 1,200 | — | 35,064 |
| Manoj Shetty | RSU | 1,410 | — | 41,200 |
| Claudia Hughes | Option | 1,581 | 32.59 | — |
| Claudia Hughes | RSU | 1,612 | — | 47,103 |
| Adina Storch | Option | 1,649 | 32.59 | — |
| Claudia Hughes | RSU | 1,813 | — | 52,976 |
| Thomas Clark | Option | 1,858 | 32.59 | — |
| Manoj Shetty | Option | 1,884 | 32.59 | — |
| Adina Storch | RSU | 1,891 | — | 55,255 |
| Adina Storch | RSU | 2,063 | — | 60,281 |
| Thomas Clark | RSU | 2,131 | — | 62,268 |
| Manoj Shetty | RSU | 2,160 | — | 63,115 |
| Thomas Clark | RSU | 2,374 | — | 69,368 |
| Claudia Hughes | Option | 2,512 | 28.99 | — |
| Adina Storch | Option | 2,632 | 28.99 | — |
| Manoj Shetty | Option | 2,963 | 28.99 | — |
| Thomas Clark | Option | 2,967 | 28.99 | — |
| Claudia Hughes | Option | 3,184 | 43.83 | — |
| Claudia Hughes | RSU | 3,202 | — | 93,562 |
| Manoj Shetty | Option | 3,738 | 43.83 | — |
| Manoj Shetty | RSU | 3,759 | — | 109,838 |
| Claudia Hughes | RSU | 3,883 | — | 113,461 |
| Adina Storch | Option | 5,470 | 43.83 | — |
| Adina Storch | RSU | 5,502 | — | 160,768 |
| Claudia Hughes | RSU | 5,905 | — | 172,544 |
| Thomas Clark | RSU | 5,985 | — | 174,882 |
| Thomas Clark | Option | 6,297 | 43.83 | — |
| Thomas Clark | RSU | 6,333 | — | 185,050 |
| Manoj Shetty | RSU | 6,931 | — | 202,524 |
| Claudia Hughes | RSU | 6,949 | — | 203,050 |
| Adina Storch | RSU | 7,602 | — | 222,130 |
| Manoj Shetty | RSU | 8,158 | — | 238,377 |
| Thomas Clark | RSU | 8,246 | — | 240,948 |
| Adina Storch | RSU | 10,145 | — | 296,437 |
| Thomas Clark | RSU | 11,677 | — | 341,202 |
| Anesa Chaibi | RSU | 20,560 | — | 600,763 |
| Anesa Chaibi | RSU | 21,035 | — | 614,643 |
| Anesa Chaibi | Option | 36,205 | 23.77 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Robert D. RosenthalIndependent · Lead Independent Director · Audit Committee · Compensation Committee · Nominating/Corporate Governance Committee · Executive Committee | $126,875 | $50,000 | $0 | — | $3,538 | $180,413 |
| Chad M. LindbloomIndependent · Audit Committee (Chair) · Compensation Committee · Nominating/Corporate Governance Committee | 116,875 | 50,000 | 0 | — | 3,538 | 170,413 |
| Paul S. PearlmanIndependent · Nominating/Corporate Governance Committee (Chair) · Audit Committee · Compensation Committee | 103,125 | 50,000 | 0 | — | 3,538 | 156,663 |
| Gary S. MichelIndependent · Compensation Committee (Chair) · Audit Committee | 100,625 | 50,000 | 0 | — | 2,477 | 153,102 |
Board fee structure and ownership guideline
| Annual cash retainer | $85,000 |
|---|---|
| Annual equity retainer | $50,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 15,000 / 15,000 |
| Stock ownership guideline | for the non-management directors, the multiple is one times the base cash retainer, in each case with a five-year phase-in period. |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $447,500 |
| Equity awards (grant-date value) | $200,000 |
| All other compensation | $13,091 |
| Total cost of the board | $660,591 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Global Industrial as a peer
Companies that benchmark against GIC
7 companies name GIC as a compensation peer
- ALTA EQUIPMENT GROUP INC.ALTGFY2025
- Andersons, Inc.ANDEFY2025
- BlueLinx Holdings Inc.BXCFY2025
- Distribution Solutions Group, Inc.DSGRFY2025
- MSC INDUSTRIAL DIRECT CO INCMSMFY2025
- NPK International Inc.NPKIFY2025
- PC CONNECTION INCCNXNFY2025
Each company listed discloses GIC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named GIC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
The companies Global Industrial Co names as compensation peers that name it back in their own disclosed peer groups.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Now Inc. | 2025 | David Cherechinsky | $999,173 | $4,555,071 | $0 | $1,550,548 | $7,118,605 |
| 2 | H&E Equipment Services, Inc. | 2023 | Bradley W. Barber | 907,692 | 3,599,924 | 0 | — | 6,295,836 |
| 3 | Kimball International, Inc. | 2026 | Richard Phillips | 916,423 | 4,142,940 | 0 | 993,403 | 6,080,030 |
| 4 | MRC Global Inc. | 2024 | Robert Saltiel | 860,000 | 4,446,383 | 0 | 658,657 | 5,992,594 |
| 5 | MSC Industrial Direct Co., Inc. | 2025 | Erik Gershwind | 871,411 | 3,549,966 | 0 | 1,425,750 | 5,873,837 |
| 6 | DXP Enterprises, Inc. | 2025 | David Little | 808,500 | 1,856,223 | 0 | 1,617,000 | 4,594,369 |
| 7 | Global Industrial Co | 2025 | Anesa Chaibi | 826,923 | 1,500,023 | 254,311 | 1,255,000 | 4,413,641 |
| 8 | Circor International, Inc. | 2021 | Scott Buckhout | 805,385 | 3,410,115 | 0 | 0 | 4,229,501 |
| 9 | Alta Equipment Group Inc. | 2025 | Ryan Greenawalt | 846,393 | 2,243,625 | 0 | 682,500 | 3,794,312 |
| 10 | Hillman Solutions Corp. | 2025 | Jon Michael Adinolfi | 692,308 | 2,000,000 | 0 | 1,004,500 | 3,716,231 |
| 11 | Lifetime Brands, Inc. | 2025 | Robert Kay | 962,500 | 2,021,076 | 0 | 0 | 3,038,451 |
| 12 | Titan Machinery Inc. | 2026 | Bryan Knutson | 575,000 | 574,995 | 0 | 373,851 | 1,535,836 |
| 13 | NN, Inc. | 2025 | Harold Bevis | 835,000 | 0 | 0 | 556,659 | 1,405,746 |
| — | Distribution Solutions Group, Inc. | 2025 | J. Bryan King | — | — | — | — | not in coverage universe |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Global Industrial Co | not disclosed | PRSU 50 · RSU 50 | not disclosed | Korn Ferry, US |
| Alta Equipment Group Inc. | not disclosed | not disclosed | not disclosed | FW Cook |
| Circor International, Inc. | not disclosed | not disclosed | No | ISS Corporate Solutions, Inc. |
| Distribution Solutions Group, Inc. | not disclosed | not disclosed | not disclosed | Compensation Advisory Partners |
| DXP Enterprises, Inc. | not disclosed | Restricted Stock 100 | not disclosed | NFP Compensation Consulting |
| H&E Equipment Services, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Hillman Solutions Corp. | not disclosed | not disclosed | not disclosed | Pearl Meyer |
| Kimball International, Inc. | 108.4% | PSU 55 · RSU 45 | Yes — rTSR | Aon |
| Lifetime Brands, Inc. | not disclosed | RSU 50 · PSU 50 | not disclosed | Pearl Meyer & Partners, LLC |
| MRC Global Inc. | not disclosed | not disclosed | not disclosed | Meridian Compensation Partners |
| MSC Industrial Direct Co., Inc. | 95% | PSU 50 · RSU 50 | No | FW Cook |
| NN, Inc. | not disclosed | PSU 66.7 · RSU 33.3 | not disclosed | Meridian Compensation Partners, LLC |
| Now Inc. | not disclosed | RSU 50 · PSU 50 | not disclosed | Zayla Partners |
| Titan Machinery Inc. | not disclosed | Restricted Stock 100 | not disclosed | Mercer LLC |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-01 | 34,706,219 | 502,371 | 7,952 | 98.57% | Passed |
| 2025 | 2025-06-02 | 35,854,078 | 185,923 | 7,551 | 99.48% | Passed |
| 2024 | 2024-06-03 | 35,605,371 | 450,567 | 8,969 | 98.75% | Passed |
| 2023 | 2023-06-05 | 34,319,789 | 704,720 | 6,547 | 97.99% | Passed |
| 2020 | 2020-06-01 | 27,777,078 | 7,326,421 | 35,498 | 79.05% | Passed |
| 2017 | 2017-06-05 | 33,737,608 | 168,592 | 5,082 | 99.5% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-06-01 | 98.57%a |
| 2025 | 2025-06-02 | 99.48%b |
| 2024 | 2024-06-03 | 98.75%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Approved under the standard stated in the filing — “Ø Proposal 3 - Abstentions will have the same effect as a negative vote regarding the approval of the compensation of the Company's named executive officers.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 85 : 1 |
|---|---|
| CEO total compensation | $4,413,641 |
| Median employee compensation | $51,700 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (38 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Anesa Chaibi. DEF 14A, filed 2026-04-22. Section “Summary Compensation Table” · page 39. As printed: 4,413,641. View filing ↗
- Section 01, Richard Leeds. DEF 14A, filed 2026-04-22. Section “Summary Compensation Table” · page 39. As printed: 1,980,000. View filing ↗
- Section 01, Thomas Clark. DEF 14A, filed 2026-04-22. Section “Summary Compensation Table” · page 39. As printed: 1,494,134. View filing ↗
- Section 01, Adina Storch. DEF 14A, filed 2026-04-22. Section “Summary Compensation Table” · page 39. As printed: 1,346,731. View filing ↗
- Section 01, Manoj Shetty. DEF 14A, filed 2026-04-22. Section “Summary Compensation Table” · page 39. As printed: 1,251,666. View filing ↗
- Section 01, Claudia Hughes. DEF 14A, filed 2026-04-22. Section “Summary Compensation Table” · page 39. As printed: 1,082,573. View filing ↗
- Section 03, Thomas Clark RSU. DEF 14A, filed 2026-04-22. Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Claudia Hughes RSU. DEF 14A, filed 2026-04-22. Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Manoj Shetty RSU. DEF 14A, filed 2026-04-22. Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Adina Storch RSU. DEF 14A, filed 2026-04-22. Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. View filing ↗
- Section 03, Anesa Chaibi OPTION. DEF 14A, filed 2026-04-22. Section “Grants of Plan-Based Awards in 2025” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-22. Section “CEO Pay Ratio”. As printed: 85 : 1. View filing ↗
- Section 08, Robert D. Rosenthal. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 180,413. View filing ↗
- Section 08, Chad M. Lindbloom. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 170,413. View filing ↗
- Section 08, Paul S. Pearlman. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 156,663. View filing ↗
- Section 08, Gary S. Michel. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 153,102. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-03. Item 5.07 · say-on-pay result. As reported: 98.57% (votes for as printed: 34,706,219). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-06-05. Item 5.07 · say-on-pay result. As reported: 99.48% (votes for as printed: 35,854,078). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-06. Item 5.07 · say-on-pay result. As reported: 98.75% (votes for as printed: 35,605,371). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 447,500 + equity 200,000 + all other 13,091 = 660,591, summed across the director compensation table rows.
- Now Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Now Inc.'s own proxy. As printed: 7,118,605. View filing ↗
- H&E Equipment Services, Inc., Section 10b CEO total. DEF 14A, filed 2024-04-02. CEO total compensation as printed in H&E Equipment Services, Inc.'s own proxy. As printed: 6,295,836. View filing ↗
- Kimball International, Inc., Section 10b CEO total. DEF 14A, filed 2026-09-30. CEO total compensation as printed in Kimball International, Inc.'s own proxy. As printed: 6,080,030. View filing ↗
- MRC Global Inc., Section 10b CEO total. DEF 14A, filed 2025-04-17. CEO total compensation as printed in MRC Global Inc.'s own proxy. As printed: 5,992,594. View filing ↗
- MSC Industrial Direct Co., Inc., Section 10b CEO total. DEF 14A, filed 2025-12-11. CEO total compensation as printed in MSC Industrial Direct Co., Inc.'s own proxy. As printed: 5,873,837. View filing ↗
- DXP Enterprises, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in DXP Enterprises, Inc.'s own proxy. As printed: 4,594,369. View filing ↗
- Global Industrial Co (subject), Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Global Industrial Co's own proxy. As printed: 4,413,641. View filing ↗
- Circor International, Inc., Section 10b CEO total. DEF 14A, filed 2022-09-09. CEO total compensation as printed in Circor International, Inc.'s own proxy. As printed: 4,229,501. View filing ↗
- Alta Equipment Group Inc., Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in Alta Equipment Group Inc.'s own proxy. As printed: 3,794,312. View filing ↗
- Hillman Solutions Corp., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Hillman Solutions Corp.'s own proxy. As printed: 3,716,231. View filing ↗
- Lifetime Brands, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Lifetime Brands, Inc.'s own proxy. As printed: 3,038,451. View filing ↗
- Titan Machinery Inc., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Titan Machinery Inc.'s own proxy. As printed: 1,535,836. View filing ↗
- NN, Inc., Section 10b CEO total. DEFR 14A, filed 2026-04-06. CEO total compensation as printed in NN, Inc.'s own proxy. As printed: 1,405,746. View filing ↗
- Section 10a, Distribution Solutions Group, Inc. reciprocity. DEF 14A. Distribution Solutions Group, Inc. names Global Industrial Co in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Alta Equipment Group Inc. reciprocity. DEF 14A. Alta Equipment Group Inc. names Global Industrial Co in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, MSC Industrial Direct Co., Inc. reciprocity. DEF 14A. MSC Industrial Direct Co., Inc. names Global Industrial Co in its own disclosed peer group (read from its most recent proxy). View filing ↗