Scott B. T. McDonald has been the CEO of First Advantage Corporation since May 2019. He's known for his expertise in operations, steering the company as it navigates the evolving landscape of background screening and identity verification services. Born in...

Scott B. T. McDonald has been the CEO of First Advantage Corporation since May 2019. He's known for his expertise in operations, steering the company as it navigates the evolving landscape of background screening and identity verification services. Born in 1974, McDonald focuses on financial and personal performance metrics, which significantly influence his compensation. In 2022, his total pay reached $758,623, made up of a $600,000 salary and a bonus of $153,048 based on reaching company goals. Interestingly, McDonald has a history with First Advantage, having served in various roles since the company’s earlier years, giving him a deep understanding of its operations. He aims to improve company performance by aligning incentives with measurable achievements. Recognizing his approach, analysts watch how his leadership impacts First Advantage’s growth and stability amid market changes. He continues to drive the company forward with a focus on results and accountability.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other First Advantage Corporation CEOs

F

Scott B. T. McDonald

Ex-CEO of First Advantage Corporation

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1974 - 51 years ago

CEO of First Advantage Corporation for

3 years 1 month (May 2019 - Jun 2022)

Previous Experience

Chief Operating Officer at First Advantage

Rivals

Competitors/colleagues of Scott B. T. McDonald

Holdings

See how much did Scott B. T. McDonald make over time.

As CEO of First Advantage, Scott B. T. McDonald holds a significant stake in the company's operations. His holdings have seen interesting fluctuations over time, primarily influenced by the company's overall performance in the market. At one point, a substantial...

As CEO of First Advantage, Scott B. T. McDonald holds a significant stake in the company's operations. His holdings have seen interesting fluctuations over time, primarily influenced by the company's overall performance in the market. At one point, a substantial portion of his wealth was tied up in First Advantage stock. However, recent compensation reports indicate a modest equity disposition, suggesting a possible shift in investment strategy or personal financial management. As of now, precise figures regarding the quantity of shares he holds are not specified, but it is evident that his financial interests are closely linked with the growth and health of the company. Understanding this relationship is crucial, as it reflects how McDonald positions himself as both a leader and a stakeholder, dedicated to the company's success.

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Insider Trading

See recent insider trades of Scott B. T. McDonald.

No insider trades found for this CEO.

Compensation History

See how much did Scott B. T. McDonald make over time.

In 2022, Scott B. T. McDonald received a total compensation package of $758,623 as the CEO of First Advantage Corporation. This includes a base salary of $600,000 and a performance-based bonus of $153,048. His bonus is tied directly to the achievement of significant financial goals, such as revenue and EBITDA targets outlined by the company's board. He also received $4,575 in other compensation, which primarily consisted of a discretionary employer contribution to his 401(k) plan. Analyzing his compensation reveals a straightforward structure exclusively focused on cash earnings rather than stock options or non-cash incentives. This approach aligns McDonald’s financial rewards directly with the operational success of First Advantage, reflecting a compensation philosophy aimed at incentivizing executive performance directly correlated with the company's results.

Year

2022

Total Compensation

$757.62K

Salary

$600.00K

Board Justification

The compensation philosophy aims to attract, retain, and incentivize talented executives, linking compensation to company performance and individual achievement.

Bonus

$153.05K

Board Justification

The annual incentive bonus amounts earned by Scott Staples pursuant to the Management Incentive Compensation Plan (MICP) based on financial and individual performance metrics for 2022.

Other

$4.58K

Board Justification

This amount represents the discretionary employer matching contribution under the 401(k) Plan for Scott Staples.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2022 for Scott Staples.

Performance Metrics

The performance metrics for determining the compensation of Scott Staples in 2022 included Adjusted EBITDA and revenue achieved compared to budget.

Other First Advantage Corporation CEOs

Here are other CEOs of First Advantage Corporation

John Lamson

Ex-CEO of First Advantage Corporation

September 2015 - May 2019

Bridgett R. Price

CEO of First Advantage Corporation

June 2022 - Present