Dennis C. Schemm is the Chief Financial Officer and Treasurer of Fox Factory Holding Corp., where he took over this role on June 12, 2023. With a solid background in finance, Schemm holds a BS in Accounting and Computer Science...

Dennis C. Schemm is the Chief Financial Officer and Treasurer of Fox Factory Holding Corp., where he took over this role on June 12, 2023. With a solid background in finance, Schemm holds a BS in Accounting and Computer Science from Penn State University and an MBA from Carnegie Mellon University. Before joining Fox, he had significant roles, like being the Senior Vice President and CFO of Trex Company and CFO of Continental Building Products. His experience spans over 25 years in the finance sector, including leadership positions at Armstrong Flooring and Monsanto. At Fox, his pay for 2023 is structured to align closely with the company's success, consisting of a base salary and bonuses based on performance metrics. He received a total compensation of $1,175,000 this year, which includes $600,000 from vested stock that reflects his long-term commitment to the business. Schemm's diverse experience and education have positioned him to help drive Fox Factory's growth and profitability effectively.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Fox Factory Holding Corp. CEOs

F

Dennis C. Schemm

CEO of Fox Factory Holding Corp.

Education

BS in Accounting and Computer Science, MBA from Carnegie Mellon University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Cyclical

Born

January 1, 1966 - 59 years ago

CEO of Fox Factory Holding Corp. for

1 year 11 months (Jun 2023 - Present)

Previous Experience

Senior Vice President and Chief Financial Officer of Trex Company, Inc.

Rivals

Competitors/colleagues of Dennis C. Schemm

Holdings

See how much did Dennis C. Schemm make over time.

As of now, Dennis C. Schemm has significant holdings in Fox Factory Holding Corp., having vested 2,000 shares in 2023 alone, valued at $600,000. His total wealth in company stock reflects his ongoing commitment to the firm. Schemm’s stakes have...

As of now, Dennis C. Schemm has significant holdings in Fox Factory Holding Corp., having vested 2,000 shares in 2023 alone, valued at $600,000. His total wealth in company stock reflects his ongoing commitment to the firm. Schemm’s stakes have fluctuated over the years, with significant portions of his wealth tied to stock performance. This year, insiders watched as he solidified his position in the company through strategic asset management and growth in market value. His investment aligns his interests with those of shareholders, as he has transitioned into this leadership role. His previous experience in financial roles at leading corporations has paved the way for a hands-on approach to cultivating his equity in Fox Factory.

Total Stock Sold

$218.76K

TREX

$218.76K

1,719 TREX shares

What if they kept their stock?

If Dennis C. Schemm didn't sell their stock, today they would have:
Extra TREX1,719 shares worth $98.80K.
This is -54.84% and $119.96K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Dennis C. Schemm.

TREX

$923.00K

TREX at $56.80/share

Feb 14, 2023

Received

TREX

$811.90K

TREX at $82.01/share

Feb 23, 2022

Received

TREX

$222.16K

TREX at $129.24/share

Nov 10, 2021

Sale

TREX

$559.08K

TREX at $104.56/share

Feb 17, 2021

Received

Compensation History

See how much did Dennis C. Schemm make over time.

In 2023, Dennis C. Schemm earned a total compensation package of $1,175,000 as CFO of Fox Factory Holding Corp. His salary is $500,000, along with a performance-based bonus of $100,000, reflecting how well the company did this year. Interestingly, he also had $600,000 worth of stock vesting, which is part of a long-term incentive that encourages executives to align with shareholders’ interests. In addition, he has access to health benefits and retirement contributions, valued at around $25,000. Schemm's compensation plan emphasizes long-term success, driven by growth and efficiency within the company. This strategy ensures he has a vested interest in the company’s sustained success in a competitive market.

Year

2023

Total Compensation

$1.23M

Salary

$500.00K

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term value creation and retention of key executives.

Bonus

$100.00K

Board Justification

The bonus is based on the company's performance metrics, including revenue growth and profitability targets achieved in 2023.

Other

$25.00K

Board Justification

Other compensation includes health benefits and retirement contributions.

Restricted Stock

$600.00K(2K RSU)

Board Justification

The stock that vested in 2023 was part of a long-term incentive plan, with shares vesting based on performance criteria met over the previous three years.

Performance Metrics

Performance metrics include revenue growth, net income targets, and operational efficiency improvements.

Other Fox Factory Holding Corp. CEOs

Here are other CEOs of Fox Factory Holding Corp.

Michael C. Dennison

CEO of Fox Factory Holding Corp.

June 2019 - Invalid Date