Alexander KarpAlexander Karp earned $1B in 2024

In 2023, John C. Turner, Jr. earned $3.52M in total compensation at GMS, including $865.00K salary, $977.61K bonus and $1.65M in stock. Currently holds stock worth $1.13M. 6+ years at the helm of GMS.

Compensation History

Annual executive compensation data for John C. Turner, Jr., including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$3.52M

Salary

$865.00K

Bonus

$977.61K

Other

$23.29K

Salary

$865.00K

Board Justification

The compensation philosophy of GMS Inc. emphasizes a pay-for-performance approach, aligning executive compensation with the achievement of company performance goals and retention strategies.

Bonus

$977.61K

Board Justification

Based on company performance against pre-established performance goals, John C. Turner, Jr. earned a cash incentive under the Annual Incentive Plan (AIP) for fiscal 2024, which was calculated at 113% of his target cash incentive opportunity.

Other Compensation

$23.29K

Board Justification

Other compensation includes a car allowance and certain non-perquisite items such as executive physical exams.

Restricted Stock

$1.65M22.06K RSU

Board Justification

In fiscal 2024, John C. Turner, Jr. received 22,059 Restricted Stock Units (RSUs) that vested on August 1, 2023, as part of the long-term incentive plan.

Performance Metrics

The performance metrics for determining the compensation of John C. Turner, Jr. included Adjusted EBITDA and Working Capital Turns.

G

John C. Turner, Jr.

CEO of GMS

Education

Bachelor's degree from the University of North Texas

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

March 12, 1969 - 56 years ago

CEO of GMS for

6 years 4 months (Aug 2019 - Present)

Previous Experience

President of Dal-Tile, a division of Mohawk Industries, Inc.

Holdings

Track John C. Turner, Jr.'s stock holdings and portfolio value over time.

Total Stock Sold

$8.16M

MHK

$8.16M

48,905 MHK shares

What if they kept their stock?

If John C. Turner, Jr. didn't sell their stock, today they would have:
Extra MHK48,905 shares worth $5.48M.
This is -32.94% and $2.69M less than what they got when they sold the stock.

Insider Trading

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

MHK

$308.22K

MHK at $246.97/share

Mar 9, 2018

Sale

Rivals

Compare John C. Turner, Jr. with competitor CEOs and industry peers.