Mark Adams is the CEO of SMART Global Holdings, Inc., having a solid background in management with an MBA from Stanford University. He has worked in leadership roles at various companies, including XPEL, Inc. and Astrotech Corporation. Adams has a...

Mark Adams is the CEO of SMART Global Holdings, Inc., having a solid background in management with an MBA from Stanford University. He has worked in leadership roles at various companies, including XPEL, Inc. and Astrotech Corporation. Adams has a history of driving performance, which is reflected in his compensation strategy, emphasizing results linked to the company's performance and shareholder interests. In 2023, his total compensation amounted to $3,214,342, which showcases his commitment to aligning executive pay with company achievements. This year, despite a challenging performance, his individual contributions earned him an 80% performance factor that led to a decent bonus. His tenure and understanding of the tech landscape position him as a critical player in the industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other XPEL, Inc. CEOs

X

Mark Adams

Ex-CEO of XPEL, Inc.

Education

Bachelor of Arts in Economics from Boston College, MBA from Harvard University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Cyclical

Born

January 1, 1964 - 61 years ago

CEO of XPEL, Inc. for

1 year 11 months (Jul 2021 - Jun 2023)

Previous Experience

Former CEO of several technology companies.

Rivals

Competitors/colleagues of Mark Adams

Holdings

See how much did Mark Adams make over time.

Mark Adams has made insightful investments and has significant holdings in various companies. In the past, he had substantial wealth tied to his shares, particularly with SMART Global Holdings. The peak of his wealth was likely during 2021, with earnings...

Mark Adams has made insightful investments and has significant holdings in various companies. In the past, he had substantial wealth tied to his shares, particularly with SMART Global Holdings. The peak of his wealth was likely during 2021, with earnings from vested stocks amounting to over $10 million due to strong performance metrics. His most recent holdings reflect a shift towards ensuring equity growth, as he continues to accumulate shares that enhance his investment portfolio. As of now, his stakes are mainly in companies like XPEL and Astrotech, indicating his diverse interests in the tech sector.

Mar 18, 2025

M

shares

MU @ $101.72

S

shares

STX @ $NaN

X

shares

XPEL @ $31.83

Total Stock Sold

$77.53M

MU

$22.14M

1,052,990 MU shares

XPEL

$51.61M

733,595 XPEL shares

CDNS

$3.57M

25,000 CDNS shares

SGH

$209.54K

14,446 SGH shares

What if they kept their stock?

If Mark Adams didn't sell their stock, today they would have:
Extra MU1,052,990 shares worth $53.93M and XPEL733,595 shares worth $11.54M and CDNS25,000 shares worth $2.28M and SGH14,446 shares worth $203.69K.
This is -12.35% and $9.58M less than what they got when they sold the stock.

Charitable Transactions

CDNS

46,668 shares

CDNS

MU

4,219 shares

MU

Recent Charitable Transactions

CDNS

800 shares

CDNS

Dec 13, 2024

Charity

CDNS

1,073 shares

CDNS

May 2, 2024

Charity

CDNS

1,377 shares

CDNS

Oct 2, 2023

Charity

CDNS

1,473 shares

CDNS

Aug 8, 2023

Charity

CDNS

1,473 shares

CDNS

May 4, 2023

Charity

CDNS

1,377 shares

CDNS

Feb 25, 2022

Charity

Insider Trading

See recent insider trades of Mark Adams.

CDNS

800 shares

CDNS

Dec 13, 2024

Charity

CDNS

1,073 shares

CDNS

May 2, 2024

Charity

CDNS

1,073 shares

CDNS

May 2, 2024

Charity

CDNS

868 shares

CDNS

May 2, 2024

Received

SGH

$187.90K

SGH at $18.79/share

Apr 11, 2024

Purchase

CDNS

$96.32K

CDNS at $240.80/share

Feb 25, 2022

Sale

CDNS

$324.20K

CDNS at $235.44/share

Oct 2, 2023

Sale

CDNS

1,377 shares

CDNS

Oct 2, 2023

Charity

CDNS

1,377 shares

CDNS

Oct 2, 2023

Charity

SGH

82,486 shares

SGH

Sep 25, 2023

Received

Compensation History

See how much did Mark Adams make over time.

In 2023, Mark Adams received a total compensation of $3,214,342, which includes a $750,000 salary and a bonus of $150,000. The bonus was down due to the overall company performance, reflecting a financial performance factor of 0%. However, his individual performance was solid, garnering an 80% individual factor which helped mitigate losses in bonuses. He also vested a significant amount of stock, valued at about $2.58 million, as part of his compensation package. Over the years, his compensation strategy has been geared towards aligning with company performance metrics, ensuring that his earnings reflect the successes and challenges faced by SMART Global Holdings, especially in technology markets where adaptability is key.

Year

2023

Total Compensation

$3.51M

Salary

$750.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, emphasizing a pay-for-performance model.

Bonus

$150.00K

Board Justification

The bonus is based on a Financial Performance Factor of 0% due to underachievement against targets, and an Individual Performance Factor of 80%.

Other

$29.41K

Board Justification

Includes 401(k) matching contributions and life insurance premiums.

Restricted Stock

$2.58M(107.96K RSU)

Board Justification

The RSUs vested as to 6.25% on January 20, 2023 and continue to vest in equal quarterly installments thereafter, subject to continued service.

Performance Metrics

The performance metrics for determining the compensation included non-GAAP operating income and net sales targets.

Other XPEL, Inc. CEOs

Here are other CEOs of XPEL, Inc.

John North

CEO of XPEL, Inc.

June 2023 - Present