In 2016, Melvin C. Payne earned $1.42M in total compensation at Carriage Services, including $670.00K salary and $700.00K bonus. Led Carriage Services as CEO for 14 years.
Compensation History
Annual executive compensation data for Melvin C. Payne, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$1.42M
Salary
$670.00K
Bonus
$700.00K
Other
$45.36K
Salary
$670.00KBoard Justification
The compensation philosophy is designed to attract, motivate, and retain exceptional leadership talent aligned with the company's high performance culture, linking pay to performance and long-term shareholder value.
Bonus
$700.00KBoard Justification
The annual cash incentive bonus for performance during fiscal year 2016 for Mr. Payne was based on previously established metrics, with a target bonus equal to 100% of his base salary.
Other Compensation
$45.36KBoard Justification
This includes reimbursement of life insurance premiums, club dues, fringe benefits, and 401(k) matching contributions.
Restricted Stock
Board Justification
No stock awards vested in 2016.
Performance Metrics
The performance metrics for the annual cash incentive bonus included financial performance targets related to the company's operational and financial goals.
Melvin C. Payne
Ex-CEO of Carriage Services
Education
Bachelor's degree in Business Administration
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
January 1, 1950 - 75 years ago
CEO of Carriage Services for
14 years 8 months (Jan 2002 - Sep 2016)
Previous Experience
Various management positions in the funeral services industry
Other Carriage Services CEOs
Holdings
Track Melvin C. Payne's stock holdings and portfolio value over time.
Insider Trading
Melvin C. Payne's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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