Daniel Murphy
Vice President and Controller; Treasurer at SLGN
Executive
About Daniel Murphy
Daniel P. Murphy, age 54, is Vice President and Controller of Silgan Holdings Inc. and has additionally served as Treasurer since January 2024. He has progressed through SLGN’s finance organization since 2006 (Director of Accounting → Assistant Controller → Controller → VP & Controller), after prior roles at Vertrue Incorporated (1997–2006) and starting his career at Price Waterhouse LLP (predecessor to PwC) (1992–1997) . Company performance context: SLGN generated $5.854B in revenue in FY 2024 vs $5.988B in FY 2023 and $6.411B in FY 2022, with EBITDA of $879M, $867M, and $964M respectively*.
| Metric | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Revenue ($USD) | $6,411,499,000* | $5,988,205,000* | $5,854,694,000* |
| EBITDA ($USD) | $964,034,000* | $867,081,000* | $878,821,000* |
Values retrieved from S&P Global*
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Silgan Holdings Inc. | Vice President and Controller | Jan 2022–present | Not disclosed |
| Silgan Holdings Inc. | Treasurer (additional role) | Jan 2024–present | Not disclosed |
| Silgan Holdings Inc. | Controller | Jan 2018–Jan 2022 | Not disclosed |
| Silgan Holdings Inc. | Assistant Controller | Mar 2008–Jan 2018 | Not disclosed |
| Silgan Holdings Inc. | Director of Accounting | Aug 2006–Mar 2008 | Not disclosed |
| Vertrue Incorporated | Employee | 1997–2006 | Not disclosed |
| Price Waterhouse LLP (predecessor to PwC) | Early career | 1992–1997 | Not disclosed |
External Roles
- No public company directorships or external board roles disclosed in SLGN’s 2025 proxy for Daniel P. Murphy .
Fixed Compensation
- Daniel P. Murphy is not a Named Executive Officer (NEO) in SLGN’s 2025 proxy; therefore, base salary, target bonus, and perquisites are not disclosed publicly in the Summary Compensation Table .
Performance Compensation
- SLGN utilizes annual cash bonus programs tied to financial and non-financial goals for corporate officers (e.g., the Holdings Officer Program used for other corporate leaders such as the CFO), with the 2024 financial goal defined as Adjusted EBIT and non-financial goals determined by corporate initiatives; specific participation and targets for Mr. Murphy are not disclosed .
| Award Type | Grant Date | Shares/Units | Vesting | Settlement | Notes |
|---|---|---|---|---|---|
| Restricted Stock Units (RSUs) | 03/01/2024 | 4,400 | Ratable over 5 years beginning 03/01/2025 | 1-for-1 in Common Stock upon vesting | As reported on Form 4; tax withholding of 900 shares on 03/01/2024 (code F) |
Equity Ownership & Alignment
- Stock ownership guidelines: SLGN requires the CEO to hold 6x salary, other NEOs 3x, and other executive officers 1x salary; five-year transition period applies. Officers are prohibited from hedging or pledging SLGN stock, or holding SLGN shares on margin .
- As of the 03/01/2024 Form 4, Mr. Murphy beneficially owned 24,021 shares (including 9,220 unvested RSUs); 900 shares were withheld for taxes in connection with RSU activity on that date .
- SLGN disclosed that as of 12/31/2024 there were no outstanding stock options held by any employees, including NEOs—indicating options are not currently an equity instrument in SLGN’s comp mix .
| Category | Detail | Evidence |
|---|---|---|
| Beneficial Ownership | 24,021 shares after 03/01/2024 transactions | |
| Unvested RSUs Outstanding | 9,220 units included in total | |
| Anti-Hedging/Pledging | Hedging and pledging prohibited for officers | |
| Ownership Guidelines | Other executive officers: 1x base salary (5-year transition) | |
| Options | No employee stock options outstanding as of 12/31/2024 |
Employment Terms
- No individual employment agreement or severance/change-in-control terms are disclosed for Mr. Murphy in the 2025 proxy. Employment letters and severance specifics are provided for certain NEOs only (CEO and EVP Corporate Development); NEO termination/change-of-control mechanics otherwise address RSUs, not options. Mr. Murphy is not covered in these NEO tables .
Compensation Committee Analysis
- The Compensation Committee (independent directors) oversees executive compensation programs, equity plan administration, and uses Meridian Compensation Partners, LLC (no conflicts noted) for compensation advice. The committee held four meetings in 2024 and maintains a charter emphasizing pay-for-performance and prudent risk-taking .
Investment Implications
- Alignment: RSU-heavy equity with five-year ratable vesting and strict anti-hedging/pledging policy supports long-term alignment; absence of options removes repricing risk .
- Selling pressure: The March 2024 Form 4 reflects tax withholding (900 shares), not open-market selling; this suggests limited discretionary selling pressure around vest dates .
- Retention risk: Long vesting schedules and corporate incentive frameworks around Adjusted EBIT/non-financial goals likely support retention; however, specific bonus targets and severance protections for Mr. Murphy are not disclosed, limiting visibility into downside protection .
- Governance quality: Independent compensation oversight with external consultants and explicit trading/anti-pledging policies reduce governance and alignment red flags .
- Performance context: Company EBITDA was resilient in FY 2024 while revenue declined modestly; continued RSU vesting aligns Mr. Murphy’s incentives with ongoing operational execution and margin preservation at SLGN*.
Values retrieved from S&P Global*