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,...
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, including President of the Federal Solutions business and Chief Operating Officer. Her leadership saw Parsons evolve after merging critical infrastructure and federal solutions segments. In 2022, she became the first female Chairwoman of the Board, highlighting her influence in a traditionally male-dominated sector. Smith's compensation reflects her results-driven approach, with a total package of nearly $19 million in 2023, driven largely by performance-based incentives based on key metrics like diversity, cash flow, and revenue. Remarkably, during her tenure, she has received substantial stock awards, including a recent $4 million long-term incentive package. Smith has actively traded the company's stock, boasting significant gains over the years. For instance, she cashed in over $31 million in stock trades in August 2024 alone, indicating not just confidence in the company’s strategy but also a substantial stake in its future success.