Allan Dicks, the CEO of Montrose Environmental Group, holds a Bachelor's degree in Environmental Science and was born in 1971. Under his leadership since December 2021, Montrose has focused on environmental challenges, reflecting his educational background. In 2023, Dicks received...

Allan Dicks, the CEO of Montrose Environmental Group, holds a Bachelor's degree in Environmental Science and was born in 1971. Under his leadership since December 2021, Montrose has focused on environmental challenges, reflecting his educational background. In 2023, Dicks received $926,583 in total compensation, including a solid cash bonus based on the company's performance. Dicks' compensation includes innovative performance metrics that tie executive pay to company growth, indicating a commitment to aligning incentives with stakeholders. Under his guidance, Montrose has shown growth, emphasizing the importance of environmental sustainability. Notably, Dicks has led the company without any stock grants or options since 2021, suggesting he embodies a hands-on, results-driven approach. His tenure reveals a dedication to both environmental issues and the fiscal health of the company, making his leadership a critical element of Montrose's strategy in the market.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Montrose Environmental Group CEOs

M

Allan Dicks

CEO of Montrose Environmental Group

Education

Bachelor's degree in Environmental Science

Field of Expertise

Environment & Sustainability - Environment

Sector of Economy

Industrials

Born

January 1, 1971 - 54 years ago

CEO of Montrose Environmental Group for

3 years 3 months (Dec 2021 - Present)

Previous Experience

Mr. Dicks has over 20 years of experience in the environmental sector, previously serving as COO at another environmental firm.

Rivals

Competitors/colleagues of Allan Dicks

Holdings

See how much did Allan Dicks make over time.

Allan Dicks currently has no vested stock or options reported for the years of 2021, 2022, and 2023, suggesting a cash-focused compensation strategy that emphasizes immediate impact over long-term stock holdings. This approach may reflect his commitment to performance metrics,...

Allan Dicks currently has no vested stock or options reported for the years of 2021, 2022, and 2023, suggesting a cash-focused compensation strategy that emphasizes immediate impact over long-term stock holdings. This approach may reflect his commitment to performance metrics, as he prioritizes achieving short-term targets aligned with the company’s growth. Previously, the company had no stock awards vest in these years, indicating a shift in executive compensation philosophy towards direct cash bonuses rather than equity incentives. The absence of substantial stock holdings can suggest confidence in the strategy being deployed, prioritizing tangible results over potential future value in the company's stocks. This strategy fosters a culture where immediate performance is rewarded more than long-term risks associated with stock volatility.

Total Stock Sold

$8.27M

MEG

$8.27M

128,490 MEG shares

What if they kept their stock?

If Allan Dicks didn't sell their stock, today they would have:
Extra MEG128,490 shares worth $2.83M.
This is -65.83% and $5.45M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Allan Dicks.

MEG

$51.37K

MEG at $25.69/share

Nov 10, 2023

Purchase

MEG

$496.42K

MEG at $70.92/share

Dec 23, 2021

Sale

MEG

225,864 shares

MEG

Dec 16, 2021

Received

MEG

$2.38M

MEG at $72.83/share

Nov 30, 2021

Sale

MEG

$2.62M

MEG at $65.38/share

Sep 23, 2021

Sale

MEG

$985.24K

MEG at $61.04/share

Sep 21, 2021

Sale

MEG

$1.43M

MEG at $59.73/share

Sep 15, 2021

Sale

MEG

$389.03K

MEG at $44.46/share

Feb 23, 2021

Sale

MEG

$465.00K

MEG at $15.00/share

Jul 27, 2020

Purchase

Compensation History

See how much did Allan Dicks make over time.

In 2023, Allan Dicks received total compensation amounting to $926,583, consisting of a $450,000 salary and a $263,383 bonus primarily linked to the company's performance metrics. This bonus structure shows a clear focus on aligning executive pay with the company’s achievements. In the previous year, 2022, his compensation was significantly lower at just over $1 million, with a bonus of about $48,480 attributable to the company’s adjusted EBITDA from acquisitions. This reflects a strategic pivot in his compensation towards performance-driven rewards, prioritizing current over long-term gains. Dicks' consistent salary amidst fluctuations in bonuses indicates stability in his leadership role, while no stock awards or options have been exercised during his tenure, hinting at a unique approach focused on cash incentives and direct accountability. This model drives clarity in goals and achievements, potentially positioning Montrose well in the environmental sector.

Year

2023

Total Compensation

$726.48K

Salary

$450.00K

Board Justification

The compensation philosophy emphasizes a pay-for-performance approach, aligning executive compensation with company performance and stockholder interests.

Bonus

$263.38K

Board Justification

The total cash bonus includes $190,000 from the Organic Growth Cash Bonus and $83,383 from the Acquisition Based Bonus for fiscal year 2023, both based on company performance.

Other

$13.10K

Board Justification

Includes the Company's match of contributions to a 401(k) plan.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023.

Performance Metrics

The performance metrics for the cash bonuses were based on achieving specific company-wide adjusted EBITDA goals.

Other Montrose Environmental Group CEOs

Here are other CEOs of Montrose Environmental Group

Vijay Manthripragada

Ex-CEO of Montrose Environmental Group

December 2017 - December 2021