Former Sealed Air Corp. CEO Jerome Peribere saw a 26 percent decrease in total compensation in 2017 from 2016 due to a decrease in his stock awards, according to a Thursday filing with the Securities and Exchange Commission.

The former bubble wrap company CEO made a total of $10.9 million in 2017, down from $14.8 million in 2016. His stock awards declined 44 percent to $7.6 million in 2017 from $13.5 million in 2016.

Peribere’s salary stayed at $1.25 million. He has not received a bonus in the past three years.

Peribere announced his retirement in September 2017. He retired at the end of the year. Peribere worked for Sealed Air for five years and was CEO from 2013 to 2017. He has been an independent director of Ashland Global Holdings Inc. since January 2018.

Edward Doheny II, former CEO for mining machinery company Joy Global, succeeded Peribere. Doheny made about $2.9 million in total compensation in his transition period to CEO — during which he was the chief operating officer and reported to Peribere. His base salary was about $335,000, and he was awarded about $2 million in stocks.

Sealed Air reported almost $815 million, or $4.33 per share, in earnings for the fiscal year ended Dec. 31, 2017, according to a filing with the SEC.

The company agreed to acquire Asian foam manufacturing company Fagerdala Singapore Pte Ltd. for $100 million in cash in September 2017. The deal closed Oct. 2, 2017.

Sealed Air stock was at $42.14 in Friday afternoon trading, down 1.8 percent of its opening price of $42.93.