Charles L. Harrington served as the CEO and Chairman of Parsons Corporation from May 2008 until his retirement in July 2021. He holds a Bachelor's degree in Civil Engineering from UC Berkeley, which laid the foundation for his career in...

Charles L. Harrington served as the CEO and Chairman of Parsons Corporation from May 2008 until his retirement in July 2021. He holds a Bachelor's degree in Civil Engineering from UC Berkeley, which laid the foundation for his career in engineering. Under his leadership, Parsons achieved significant milestones, including record revenues of $4 billion in 2019 and successful acquisitions that bolstered their federal and infrastructure segments. Harrington's tenure saw the company focus on advanced technology solutions and major government contracts, showcasing the company's growth and adaptability. Notably, in 2021, his total compensation was approximately $7.12 million, highlighting the importance of aligning leadership incentives with company performance. Post-retirement, he transitioned to the role of Executive Chairman, guiding Parsons towards a new direction.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Parsons Corporation CEOs

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Charles L. Harrington

Ex-CEO of Parsons Corporation

Education

Bachelor's degree in Civil Engineering from the University of California, Berkeley

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1956 - 69 years ago

CEO of Parsons Corporation for

6 years 2 months (May 2015 - Jul 2021)

Previous Experience

CEO of Parsons Corporation

Rivals

Competitors/colleagues of Charles L. Harrington

Holdings

See how much did Charles L. Harrington make over time.

As a CEO, Harrington's insider trading activity reflects his confidence in Parsons Corporation. Notably, from late 2019 to early 2022, his holdings fluctuated significantly. He reported values from $4.64 million to a peak of $19.07 million in January 2024. This...

As a CEO, Harrington's insider trading activity reflects his confidence in Parsons Corporation. Notably, from late 2019 to early 2022, his holdings fluctuated significantly. He reported values from $4.64 million to a peak of $19.07 million in January 2024. This sharp increase underscores the growth trajectory of Parsons as it explored new technologies and markets. In December 2021, he held about $8 million in shares, demonstrating a strong connection to the company's future. Such trading activity not only shows his personal investment in Parsons but also reflects broader market trends affecting the engineering and technology sectors that the company operates in.

Mar 18, 2025

C

shares

CEG @ $210.85

P

shares

PSN @ $60.08

Insider Trading

See recent insider trades of Charles L. Harrington.

CEG

$42.61K

CEG at $253.63/share

Dec 31, 2024

Received

CEG

$42.59K

CEG at $173.11/share

Sep 30, 2024

Received

KFY

4,000 shares

KFY

Sep 25, 2024

Received

CEG

$42.50K

CEG at $214.63/share

Jun 30, 2024

Received

CEG

$42.59K

CEG at $172.41/share

Mar 31, 2024

Received

CEG

$42.47K

CEG at $121.69/share

Dec 31, 2023

Received

CEG

$42.48K

CEG at $108.64/share

Sep 30, 2023

Received

KFY

6,100 shares

KFY

Sep 21, 2023

Received

CEG

$42.54K

CEG at $93.29/share

Jun 30, 2023

Received

CEG

$38.78K

CEG at $77.55/share

Mar 31, 2023

Received

Compensation History

See how much did Charles L. Harrington make over time.

During his time as CEO, Charles Harrington's compensation varied significantly. In 2021, his total compensation reached about $7.12 million. This included a salary of approximately $976,539, a bonus of $537,800, and vested stock worth nearly $1.52 million. His bonuses were tied to company performance, achieving over 50% of set targets that reflected Parsons Corporation's corporate goals. The company aimed to incentivize its executives with a compensation plan that aligned with long-term shareholder value and business success. Moving into his retirement, Harrington transitioned to a role that continued to provide his leadership experience to the company while defining his legacy in Parsons's growth.

Year

2021

Total Compensation

$3.16M

Salary

$976.54K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain executive officers of outstanding ability and potential, whose knowledge, skills, and performance are critical to the company's success, while ensuring that executive compensation is meaningfully related to the creation of stockholder value.

Bonus

$537.80K

Board Justification

Annual incentive awards for our CEO and other NEOs are based on corporate financial goals and a strategic qualitative goal aligned with our core values of safety, quality, integrity, diversity, innovation, and sustainability. The achieved payout for our CEO relative to the corporate financial goals and strategic goal for 2021 was 53.78% of target.

Other

$125.61K

Board Justification

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

Restricted Stock

$1.52M(44.06K RSU)

Board Justification

RSUs granted in 2019 that vested on December 31, 2021, and were settled in shares of our common stock.

Performance Metrics

The performance metrics for the CEO's compensation included adjusted EBITDA, revenue, cash flow, technology and transactional revenue, and a strategic qualitative goal aligned with core values.

Other Parsons Corporation CEOs

Here are other CEOs of Parsons Corporation

Carey A. Smith

CEO of Parsons Corporation

July 2021 - Present