In 2020, Thomas W. Hill earned $2.56M in total compensation at Summit Materials, primarily from $900.00K salary. Most recently acquired 1,905 shares in May 2024. Currently holds stock worth $257.96K. Led Summit Materials as CEO for 5 years.
Compensation History
Annual executive compensation data for Thomas W. Hill, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$2.56M
Salary
$900.00K
Bonus
$0.00
Other
$1.66M
Salary
$900.00KBoard Justification
The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, focusing on long-term value creation.
Bonus
$0.00Board Justification
No annual cash bonus was awarded for 2020 as the performance metrics were not met.
Other Compensation
$1.66MBoard Justification
This includes the cash severance payment and other benefits provided under the Transition Agreement after Mr. Hill's resignation as CEO.
Restricted Stock
Board Justification
No stock awards vested in 2020 as the performance units resulted in a payout equal to 0% of target due to below-threshold performance metrics.
Performance Metrics
Performance metrics for 2020 included Adjusted EBITDA, Operating Cash Flows, Safety, and Personal Objectives.
Thomas W. Hill
Ex-CEO of Summit Materials
Sector of Economy
Basic Materials
Born
July 30, 2024 - 1 years ago
CEO of Summit Materials for
5 years 5 months (Mar 2015 - Sep 2020)
Previous Experience
Unknown
Other Summit Materials CEOs
Holdings
Track Thomas W. Hill's stock holdings and portfolio value over time.
Total Stock Sold
$42.10M
$42.10M
1,553,471.568 SUM shares
What if they kept their stock?
If Thomas W. Hill didn't sell their stock, today they would have:
Extra SUM1,553,471.568 shares worth $0.00.
This is -100% and $42.10M less than what they got when they sold the stock.
Insider Trading
Thomas W. Hill's recent stock transactions, purchases, and sales filed with the SEC.
1,905 shares
KNF
May 15, 2024
Received
20,829 shares
SUM
Feb 28, 2020
Received
$507.81K
SUM at $16.25/share
Feb 15, 2019
Purchase
$326.19K
SUM at $26.10/share
Jul 18, 2018
Sale
$328.44K
SUM at $26.28/share
Jul 2, 2018
Sale
$345.25K
SUM at $27.62/share
Jun 19, 2018
Sale
$342.63K
SUM at $27.41/share
Jun 6, 2018
Sale
$362.31K
SUM at $28.99/share
May 21, 2018
Sale
$369.19K
SUM at $29.54/share
May 9, 2018
Sale
$356.94K
SUM at $28.56/share
Apr 26, 2018
Sale
Rivals
Compare Thomas W. Hill with competitor CEOs and industry peers.