Brett T. Ponton served as the CEO of Monro, Inc. from 2017 until his resignation in 2020. With a background in business administration, he brought solid leadership experience to the automotive industry. Before joining Monro, he was the CEO of...

Brett T. Ponton served as the CEO of Monro, Inc. from 2017 until his resignation in 2020. With a background in business administration, he brought solid leadership experience to the automotive industry. Before joining Monro, he was the CEO of American Driveline Systems and Heartland Automotive Services. He has a history of working across various roles at Goodyear Tire & Rubber, which helped him develop expertise in store operations and strategic planning. During his time at Monro, he made noteworthy insider trades, showcasing confidence in the company. For example, he consistently traded stocks amounting to millions, with impressive fluctuations, like reaching $3.58 million in value in April 2021. His compensation also reflected his commitment, as he earned a total of $5.9 million in 2018, highlighting stock options and signing bonuses. Despite the ups and downs, Ponton's tenure focused on driving the company's performance forward until his exit in August 2020.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Monro, Inc. CEOs

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Brett T. Ponton

Ex-CEO of Monro, Inc.

Education

Bachelor's degree in business administration

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

April 1, 1974 - 51 years ago

CEO of Monro, Inc. for

0 years 10 months (Oct 2019 - Aug 2020)

Previous Experience

President and Chief Executive Officer of Monro, Inc.

Rivals

Competitors/colleagues of Brett T. Ponton

Holdings

See how much did Brett T. Ponton make over time.

Brett T. Ponton actively traded shares of Monro, Inc., reflecting his strong belief in the company's future. His trading history shows dramatic values, with notable peaks, such as $3.58 million in April 2021. Over the span of multiple months, the...

Brett T. Ponton actively traded shares of Monro, Inc., reflecting his strong belief in the company's future. His trading history shows dramatic values, with notable peaks, such as $3.58 million in April 2021. Over the span of multiple months, the value of his holdings fluctuated significantly, meaning he had a keen eye for timing. Initially, his trading values around the time when he was CEO consistently surpassed $1 million, with sharp spikes leading up to his departure. His trading patterns, including selling shares worth as much as $3.45 million in March 2021, suggested a deliberate approach to managing his asset portfolio during his leadership period at Monro.

Insider Trading

See recent insider trades of Brett T. Ponton.

MNRO

4,533 shares

MNRO

Jun 1, 2020

Received

MNRO

1,817 shares

MNRO

May 24, 2019

Received

MNRO

$248.91K

MNRO at $47.93/share

Aug 7, 2017

Purchase

Compensation History

See how much did Brett T. Ponton make over time.

In 2018, Brett T. Ponton had a total compensation of around $5.9 million. This figure was boosted by a $600,000 signing bonus and stock options, which reflect his value to the company. His base salary was about $393,378, demonstrating substantial earnings consistent with executive roles in his industry. However, his situation changed in 2020 when he resigned, subsequently forfeiting his non-equity incentive plan awards. The company's compensation philosophy aimed to align with performance metrics, but his early exit meant he missed out on potential bonuses linked to company goals. Paid through 2020, his compensation also included severance until September, marking a noteworthy end to his time with Monro.

Year

2020

Total Compensation

$295.98K

Salary

$224.98K

Board Justification

The compensation philosophy aligns with company performance and retention strategies, focusing on attracting and retaining key talent.

Bonus

$0.00

Board Justification

Mr. Ponton forfeited his non-equity incentive plan award upon his resignation effective August 19, 2020.

Other

$71.00K

Board Justification

Other compensation includes severance in the form of base salary continuation until September 15, 2020.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2020 as Mr. Ponton forfeited his awards upon resignation.

Performance Metrics

Performance metrics for the CEO's compensation were not applicable due to resignation before the end of the fiscal year.

Other Monro, Inc. CEOs

Here are other CEOs of Monro, Inc.

Michael T. Broderick

CEO of Monro, Inc.

April 2021 - Present