Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Earl C. Austin, Jr. earned $34.46M in total compensation at Quanta Services, including $1.29M salary, $2.45M bonus and $30.40M in stock. Most recently acquired 218,378 shares in Feb 2025. Currently holds stock worth $305.62M. Has donated $6.97M in stock to charitable causes. 9+ years at the helm of Quanta Services.

Compensation History

Annual executive compensation data for Earl C. Austin, Jr., including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$34.46M

Salary

$1.29M

Bonus

$2.45M

Other

$321.33K

Salary

$1.29M

Board Justification

Quanta's compensation philosophy is designed to attract, motivate, and retain executives by aligning their interests with those of stockholders, focusing on performance-based incentives and long-term value creation.

Bonus

$2.45M

Board Justification

The total payout to Mr. Austin under the 2023 annual incentive plan was based on the company's overall performance, resulting in an achievement percentage of 125.8%.

Other Compensation

$321.33K

Board Justification

Other compensation includes 401(k) matching contributions, perquisites such as personal use of corporate aircraft, and other benefits.

Restricted Stock

$30.40M137.99K RSU

Board Justification

The stock awards that vested in 2023 include shares associated with RSU awards and PSUs that became earned and vested based on performance metrics for the 3-year period ending December 31, 2023.

Performance Metrics

The performance metrics for determining Mr. Austin's compensation included financial performance targets such as Adjusted EBITDA and safety performance improvement.

Q

Earl C. Austin, Jr.

CEO of Quanta Services

Education

Bachelor of Arts in Business Management

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1970 - 55 years ago

CEO of Quanta Services for

9 years 8 months (Mar 2016 - Present)

Previous Experience

Chief Executive Officer of Quanta Services, Inc.

Holdings

Track Earl C. Austin, Jr.'s stock holdings and portfolio value over time.

Total Stock Sold

$89.94M

PWR

$89.94M

615,000 PWR shares

What if they kept their stock?

If Earl C. Austin, Jr. didn't sell their stock, today they would have:
Extra PWR615,000 shares worth $285.88M.
This is 217.86% and $195.94M more than what they got when they sold the stock.

Charitable Transactions

PWR

15,000 shares

PWR

Recent Charitable Transactions

PWR

15,000 shares

PWR

Jun 10, 2022

Charity

Insider Trading

Earl C. Austin, Jr.'s recent stock transactions, purchases, and sales filed with the SEC.

PWR

218,378 shares

PWR

Feb 27, 2025

Received

PWR

$34.15M

PWR at $262.70/share

Aug 14, 2024

Sale

PWR

115,958 shares

PWR

Mar 1, 2024

Received

PWR

$27.83M

PWR at $173.95/share

May 11, 2023

Sale

PWR

18,605 shares

PWR

Mar 9, 2023

Received

PWR

256,183 shares

PWR

Mar 7, 2023

Received

PWR

15,000 shares

PWR

Jun 10, 2022

Charity

PWR

$17.20M

PWR at $127.39/share

Jun 10, 2022

Sale

PWR

281,293 shares

PWR

Mar 2, 2022

Received

PWR

21,755 shares

PWR

Mar 2, 2022

Received

Rivals

Compare Earl C. Austin, Jr. with competitor CEOs and industry peers.