Alexander KarpAlexander Karp earned $1B in 2024

In 2016, C. Jeffrey McGowan earned $2.67M in total compensation at Martin Marietta Materials, including $1.01M salary and $1.30M bonus. Led Martin Marietta Materials as CEO for 5 years.

Compensation History

Annual executive compensation data for C. Jeffrey McGowan, including salary, bonuses, and stock awards.

Year

2016

Total Compensation

$2.67M

Salary

$1.01M

Bonus

$1.30M

Other

$364.23K

Salary

$1.01M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with shareholder interests, and maintaining competitive compensation levels relative to peer companies.

Bonus

$1.30M

Board Justification

Annual incentive bonus awarded based on performance factors including revenue growth, gross profit margin expansion, EBITDA growth, EPS growth, effective cost management, and safety and regulatory compliance record.

Other Compensation

$364.23K

Board Justification

Includes matching contributions to retirement plans, life insurance benefits, and personal use of leased automobiles.

Restricted Stock

$0.000 RSU

Board Justification

No stock grants were vested in 2016 as the focus was on performance-based stock units (PSUs) and restricted stock units (RSUs) which vest over time based on performance metrics.

Performance Metrics

Performance metrics include revenue growth, gross profit margin expansion, EBITDA growth, EPS growth, effective cost management, and safety and regulatory compliance.

M

C. Jeffrey McGowan

Ex-CEO of Martin Marietta Materials

Education

Bachelor's degree from the University of North Carolina at Chapel Hill

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Basic Materials

Born

January 1, 1956 - 69 years ago

CEO of Martin Marietta Materials for

5 years 11 months (May 2010 - May 2016)

Previous Experience

Formerly served as Chief Operating Officer of Martin Marietta Materials, Inc.

Holdings

Track C. Jeffrey McGowan's stock holdings and portfolio value over time.

Insider Trading

C. Jeffrey McGowan's recent stock transactions, purchases, and sales filed with the SEC.

No insider trades found for this CEO.

Rivals

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