Sundar PichaiSundar Pichai earned $164M in 2023

Carey A. Smith is the current CEO and President of Parsons Corporation, having taken on the role on July 1, 2021. A graduate with a degree in Business Administration from UC Berkeley, she previously held significant positions within the company,...

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Carey A. Smith

CEO of Parsons Corporation

Education

Bachelor's degree in Business Administration from the University of California, Berkeley

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1971 - 54 years ago

CEO of Parsons Corporation for

3 years 11 months (Jul 2021 - Present)

Previous Experience

President and Chief Operating Officer at Parsons Corporation

Rivals

Competitors/colleagues of Carey A. Smith

Holdings

See how much did Carey A. Smith make over time.

Carey A. Smith’s ownership in Parsons Corporation has seen impressive fluctuations. In the early years of her tenure, her stock holdings grew significantly, peaking in late 2022 and early 2023 when she sold over $16 million worth of shares in...

Mar 18, 2025

Insider Trading

See recent insider trades of Carey A. Smith.

PSN

313,236 shares

PSN

Mar 1, 2025

Received

PSN

82,934 shares

PSN

Feb 27, 2024

Received

PSN

34,873 shares

PSN

Feb 26, 2024

Received

PSN

66,878 shares

PSN

Dec 18, 2023

Received

EIX

2,277 shares

EIX

Apr 27, 2023

Received

PSN

68,041 shares

PSN

Feb 27, 2023

Received

PSN

69,760 shares

PSN

Mar 2, 2022

Received

PSN

$309.30K

PSN at $30.93/share

Dec 16, 2021

Purchase

PSN

23,473 shares

PSN

Jul 1, 2021

Received

PSN

17,170 shares

PSN

Mar 1, 2021

Received

Compensation History

See how much did Carey A. Smith make over time.

In 2023, Carey A. Smith earned nearly $19.6 million, driven largely by a base salary of approximately $977K and a hefty performance bonus of over $2.2 million. This bonus was awarded based on exceeding corporate financial goals, achieving 183% of her target, along with other metrics aligned with diversity initiatives. It’s notable that Carey’s compensation also reflects a significant focus on long-term growth through various stock awards. For example, in late 2023, she received a one-time stock award worth $4 million, mixing performance stock units and restricted stock units, part of a strategy to retain top talent focused on share performance and total shareholder return. Her pay package not only incentivizes her to drive Parsons' success but also aligns her interests closely with those of the shareholders.

Year

2023

Total Compensation

$3.36M

Salary

$976.92K

Board Justification

The compensation philosophy aims to attract, motivate, and retain executive officers while aligning their interests with stockholders through performance-based incentives.

Bonus

$2.29M

Board Justification

Annual incentive awards for the CEO based on corporate financial goals and a strategic qualitative goal aligned with diversity, achieving 183% of target for fiscal year 2023.

Other

$95.04K

Board Justification

Includes employer contributions under defined contribution plans, life insurance, and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2023 that is not part of the long-term incentive awards.

Performance Metrics

Performance metrics included revenue, adjusted EBITDA, awards, cash flow, and a strategic qualitative goal aligned with diversity.

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