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Mary K. Thompson served as the CEO of U-Haul Holding Company from July 11, 2016, until March 29, 2019. Before stepping into her CEO role, she gained valuable experience as the Chief Financial Officer of Repwest Insurance and as the...

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Mary K. Thompson

Ex-CEO of U-Haul Holding

Education

N/A

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1981 - 44 years ago

CEO of U-Haul Holding for

2 years 8 months (Jul 2016 - Mar 2019)

Previous Experience

Chief Financial Officer of Repwest Insurance Company

Holdings

See how much did Mary K. Thompson make over time.

During her time as CEO, Mary K. Thompson did not engage in significant insider trading practices nor did she show heavy reliance on stock awards. This was indicative of her role, where no stock grants were made or vested during...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Mary K. Thompson make over time.

Mary K. Thompson's compensation package during her tenure as CEO at U-Haul showed a clear structure focusing on stability rather than volatility. In 2019, her total pay amounted to approximately $782,500, which included a salary of $675,004 and other annual fees but no significant bonuses or stock awards. This reliance on a straightforward salary illustrates her approach to executive payouts, showing she was more aligned with conventional salary structures rather than profit tied to stock performance, which is common in many CEO roles. Nor did she receive any discretionary cash bonuses in 2019. The compensation strategy at U-Haul during her time underlined a philosophy of long-term performance alignment with executives, which kept executive compensation reflective of company objectives and individual assessments. This moderation in compensation elements could be interpreted as a tactic to ensure executive focus remained squarely on company strategy rather than immediate stock price outcomes.

Year

2019

Total Compensation

$782.50K

Salary

$675.00K

Board Justification

The compensation philosophy focuses on retaining executives, encouraging self-development, and aligning with long-term company performance.

Bonus

$0.00

Board Justification

No discretionary cash bonuses were awarded in 2019.

Other

$107.50K

Board Justification

Annual fees paid to the CEO in her capacity as a director of the Company.

Restricted Stock

$0.00(0 ESOP)

Board Justification

No stock awards were granted that vested in 2019.

Performance Metrics

Compensation is determined based on individual performance assessments and company objectives.

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