In 2023, George Pita earned $540.75K in total compensation at MasTec, primarily from $540.75K salary. Most recently acquired 26,036 shares in Mar 2023. Currently holds stock worth $72.34M. Led MasTec as CEO for 9 years.
Compensation History
Annual executive compensation data for George Pita, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$540.75K
Salary
$540.75K
Bonus
$0.00
Other
$0.00
Salary
$540.75KBoard Justification
MasTec’s compensation program aims to attract, motivate, and retain a talented executive team, rewarding both company and individual performance while aligning executive interests with those of shareholders.
Bonus
$0.00Board Justification
Mr. Pita is not entitled to participate in MasTec’s bonus plan for senior management, receive equity awards, nor be eligible for an annual performance bonus following his retirement.
Other Compensation
$0.00Board Justification
No additional compensation was reported for Mr. Pita in 2023.
Restricted Stock
Board Justification
No stock grants were vested in 2023 as Mr. Pita retired on March 31, 2023, and is not entitled to any new equity awards.
Performance Metrics
The performance metrics for determining compensation include adjusted EBITDA, revenue growth, earnings per share growth, and return on invested capital.
George Pita
Ex-CEO of MasTec
Education
Bachelors in Business Administration and Accounting from the University of Miami
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Industrials
Born
January 1, 1971 - 54 years ago
CEO of MasTec for
9 years 2 months (Jan 2014 - Mar 2023)
Previous Experience
EVP, COO and CFO of Stuart Weitzman Holdings
Holdings
Track George Pita's stock holdings and portfolio value over time.
Total Stock Sold
$7.54M
$7.54M
78,479 MTZ shares
What if they kept their stock?
If George Pita didn't sell their stock, today they would have:
Extra MTZ78,479 shares worth $17.20M.
This is 128.09% and $9.66M more than what they got when they sold the stock.
Insider Trading
George Pita's recent stock transactions, purchases, and sales filed with the SEC.
26,036 shares
MTZ
Mar 10, 2023
Received
24,160 shares
MTZ
Mar 24, 2022
Received
$5.16M
MTZ at $106.54/share
Jul 1, 2021
Sale
19,489 shares
MTZ
Mar 18, 2021
Received
$2.42M
MTZ at $80.71/share
Jan 7, 2021
Sale
53,172 shares
MTZ
Mar 19, 2020
Received
25,418 shares
MTZ
Mar 14, 2019
Received
18,938 shares
MTZ
Mar 14, 2018
Received
20,270 shares
MTZ
Mar 19, 2017
Received
35,506 shares
MTZ
Dec 18, 2015
Received
Rivals
Compare George Pita with competitor CEOs and industry peers.