H.O. Woltz III has been leading Insteel Industries, Inc. since 1991, showing a deep understanding of the wire products industry for over four decades. He studied Business Administration, and his extensive experience includes positions like President of Rappahannock Wire Company...
H.O. Woltz III has been leading Insteel Industries, Inc. since 1991, showing a deep understanding of the wire products industry for over four decades. He studied Business Administration, and his extensive experience includes positions like President of Rappahannock Wire Company and various roles within Insteel. Notably, he shifted from being the CEO to also becoming Chairman of the Board in 2009. In recent years, his leadership helped the company's performance soar, aligning executive compensation with the company's return on capital, which is a key factor for shareholder value. Under his watch, the company's approach to board leadership emphasized strong independent oversight, ensuring a balance of power. Woltz's insider trading activity reflects solid confidence in the company's future, with notable trades exceeding $20M. In 2023, he earned a total compensation of $1.465M, which included a salary of $700,000 and a performance-based bonus of $654,500, highlighting his influence on the company's success. Today, he remains a significant figure in Insteel's ongoing journey, shaping its direction and fostering growth.