Posted: 05/11/2025 07:54 am
The fiscal landscape of 2024 saw Ingram Micro Holding Corporation (NYSE: INGM) grappling with fluctuating stock prices and expanding its technological capabilities, yet retaining a focus on rewarding its top executives. Scott Sherman, the Executive Vice President of Human Resources, stands as one of the prime recipients of this strategic compensation structure. This reflects the company's commitment to attracting and retaining top-tier talent in a competitive industry such as the wholesale computer and software sector.
Sherman's compensation for 2024 totaled $8,687,935, a figure that underscores Ingram Micro's dedication to rewarding significant contributions to the company's growth and success. This sum is composed of a base salary of $618,000, supplemented by a $112,500 bonus. However, the most substantial portion of his earnings came from stock awards amounting to $7,542,780, demonstrating a direct link between the company's performance and executive reward. This stock-based compensation not only aligns with shareholder interests but also incentivizes executives to drive long-term value. Additionally, incentive plan compensation contributed $394,532, while other compensatory elements added another $20,123 to Sherman's overall package[^1^].
Despite this focus on executive compensation, Ingram Micro has not neglected its operational goals. In March 2025, the company announced the results of its fiscal fourth quarter of 2024, describing a robust performance that prompted shareholder scrutiny and some legal investigation[^2^][^3^]. Moreover, the first quarter of 2025 saw the company report net sales growth of 11% year-over-year, highlighting the effectiveness of its strategic initiatives[^4^]. Innovative endeavors, such as the global launch of its AI-powered Xvantage Integrations Hub, illustrate Ingram Micro's commitment to simplifying technology integrations and expanding its influence in the digital economy[^5^].
The stock market has mirrored this period of growth and challenge. Ingram Micro's share price, though currently at $19.21, has experienced volatility with a year high of $25.69 and a low of $14.25. These fluctuations reflect the dynamic nature of the tech sector as well as investor anticipation regarding the company’s upcoming earnings announcement scheduled for August 7, 2025[^6^].
Ingram Micro’s strategic compensation framework, characterized by substantial stock awards and performance-based incentives, exemplifies the company's approach to aligning leadership goals with shareholder interests. As the company continues to navigate the complexities of the tech industry, executive compensation will remain a pivotal aspect of its overarching strategy to drive growth and innovation.
[^1^]: [SEC Report on Ingram Micro Holding Corporation](https://www.sec.gov/Archives/edgar/data/1897762/000155837025004959/0001558370-25-004959-index.htm).
[^2^]: [Business Wire Announcement on Fiscal Results](https://www.businesswire.com/news/home/20250218903983/en/Ingram-Micro-Schedules-Announcement-of-Fourth-Quarter-and-Fiscal-Year-2024-Financial-Results-on-March-4-2025/).
[^3^]: [Globe Newswire on Legal Investigation](https://www.globenewswire.com/news-release/2025/03/20/3045902/0/en/INGRAM-ALERT-Bragar-Eagel-Squire-P-C-is-Investigating-Ingram-Micro-Holding-Corporation-on-Behalf-of-Ingram-Stockholders-and-Encourages-Investors-to-Contact-the-Firm.html).
[^4^]: [Business Wire First Quarter Financial Results](https://www.businesswire.com/news/home/20250507985837/en/Ingram-Micro-Reports-Fiscal-First-Quarter-2025-Financial-Results/).
[^5^]: [Business Wire on Xvantage Integrations Hub](https://www.businesswire.com/news/home/20250318577803/en/Ingram-Micro%E2%80%99s-Xvantage-Integrations-Hub-Delivers-a-Plug-and-Play-Experience-Virtually-Eliminating-the-Complexity-of-Software-Integrations/).
[^6^]: [Market Snapshot](https://finance.yahoo.com/quote/INGM).
