Sundar PichaiSundar Pichai earned $164M in 2023

B. Andrew Rose, often called Andy, has been the CEO of Worthington Enterprises since September 2020. Before taking on this role, he served in various key positions at the company, including President and Chief Financial Officer. His journey in finance...

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B. Andrew Rose

Ex-CEO of Worthington Enterprises

Education

M.B.A. from Duke University; B.S. in Business Administration from the University of North Carolina.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1972 - 53 years ago

CEO of Worthington Enterprises for

4 years 2 months (Sep 2020 - Nov 2024)

Previous Experience

President and Chief Financial Officer of Worthington Industries, Inc.

Holdings

See how much did B. Andrew Rose make over time.

As of now, B. Andrew Rose holds approximately 15,000 unexercised stock options for Worthington Enterprises, granted to him at an exercise price of $11.81. Over the years, his wealth in these holdings has fluctuated, particularly notable was when his stock...

Total Stock Sold

$10.08M

WOR

$10.08M

188,127 WOR shares

What if they kept their stock?

If B. Andrew Rose didn't sell their stock, today they would have:
Extra WOR188,127 shares worth $4.51M.
This is -55.3% and $5.58M less than what they got when they sold the stock.

Charitable Transactions

WOR

13,860 shares

WOR

Recent Charitable Transactions

WOR

6,000 shares

WOR

Nov 7, 2019

Charity

WOR

2,500 shares

WOR

Dec 27, 2017

Charity

WOR

2,500 shares

WOR

Dec 29, 2016

Charity

WOR

2,860 shares

WOR

Jul 7, 2014

Charity

Insider Trading

See recent insider trades of B. Andrew Rose.

WOR

39,866 shares

WOR

Jul 2, 2024

Received

WOR

$8.22M

WOR at $60.39/share

Apr 1, 2024

Sale

WOR

59,934 shares

WOR

Jun 30, 2023

Received

WOR

$1.54M

WOR at $59.22/share

Feb 8, 2023

Sale

WOR

$1.55M

WOR at $59.51/share

Feb 8, 2023

Sale

WOR

25,666 shares

WOR

Jul 1, 2022

Received

WOR

27,200 shares

WOR

Jun 24, 2022

Received

WOR

16,000 shares

WOR

Jul 1, 2021

Received

WOR

31,200 shares

WOR

Jun 25, 2021

Received

WOR

24,000 shares

WOR

Jun 25, 2020

Received

Compensation History

See how much did B. Andrew Rose make over time.

In 2023, B. Andrew Rose earned a total compensation of approximately $2.15 million as the CEO of Worthington Enterprises. This figure includes a base salary of around $577,500, a large cash bonus of about $1.63 million based on exceeding corporate performance targets, and additional benefits. His compensation structure strongly emphasizes performance, with bonuses tied to metrics like return on assets and EBITDA, showcasing a clear link between his leadership and the company’s success. In 2022, his total compensation was around $7.54 million, showing the volatility often seen in corporate pay linked to company performance. Despite variations in total compensation, his base salary has remained competitive, reflecting his important strategic role in the organization. The emphasis on performance-based pay illustrates a commitment to aligning the interests of executives with shareholders, which is essential in the corporate world today.

Year

2023

Total Compensation

$2.28M

Salary

$577.50K

Board Justification

The compensation philosophy emphasizes performance-based compensation to align executive interests with shareholder value, with a focus on attracting and retaining qualified executives.

Bonus

$1.63M

Board Justification

Annual cash incentive bonus based on Corporate performance metrics, paid at 141% of target levels for fiscal 2024.

Other

$74.69K

Board Justification

Employer contributions to the 2005 NQ Plan, which supplements retirement savings.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants vested in 2023, only stock options and performance shares are reported.

Performance Metrics

Annual cash incentive bonuses are tied to Corporate adjusted return on assets and Corporate Adjusted EBITDA.