Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Ward Nye earned $9.88M in total compensation at Martin Marietta Materials, including $1.29M salary and $8.58M bonus. Most recently acquired 106 shares in Jun 2024. Currently holds stock worth $141.11M. Has donated $53.32M in stock to charitable causes. 9+ years at the helm of Martin Marietta Materials.

Compensation History

Annual executive compensation data for Ward Nye, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$9.88M

Salary

$1.29M

Bonus

$8.58M

Other

$18.49K

Salary

$1.29M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, while maintaining competitive market positioning.

Bonus

$8.58M

Board Justification

The annual cash incentive based on performance metrics including Adjusted Cash Gross Profit and SG&A as a Percentage of Total Revenue, with a portion tied to safety and ESG metrics.

Other Compensation

$18.49K

Board Justification

Includes matching contributions to the Savings and Investment Plan, life insurance benefits, and personal use of leased automobiles.

Restricted Stock

$0.000 RSU

Board Justification

No stock awards vested in 2023 as the amounts reflect only the stock grants and options that are not vested.

Performance Metrics

Performance metrics include Adjusted Cash Gross Profit, SG&A as a Percentage of Total Revenue, and safety and ESG metrics.

M

Ward Nye

CEO of Martin Marietta Materials

Education

Bachelor's degree from the University of North Carolina at Charlotte

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

March 1, 1968 - 57 years ago

CEO of Martin Marietta Materials for

9 years 7 months (May 2016 - Present)

Previous Experience

Formerly served as Chief Operating Officer of Martin Marietta Materials, Inc.

Holdings

Track Ward Nye's stock holdings and portfolio value over time.

Total Stock Sold

$39.80M

MLM

$39.80M

138,061 MLM shares

What if they kept their stock?

If Ward Nye didn't sell their stock, today they would have:
Extra MLM138,061 shares worth $86.20M.
This is 116.59% and $46.40M more than what they got when they sold the stock.

Charitable Transactions

MLM

85,400 shares

MLM

Recent Charitable Transactions

MLM

85,400 shares

MLM

Dec 15, 2020

Charity

Insider Trading

Ward Nye's recent stock transactions, purchases, and sales filed with the SEC.

GD

$31.00K

GD at $292.42/share

Jun 18, 2024

Received

GD

$31.12K

GD at $275.38/share

Mar 18, 2024

Received

GD

310 shares

GD

Mar 6, 2024

Received

MLM

$12.09M

MLM at $604.26/share

Mar 5, 2024

Sale

MLM

$2.20M

MLM at $219.47/share

Feb 23, 2024

Received

MLM

28,164 shares

MLM

Feb 21, 2024

Received

GD

$31.13K

GD at $251.04/share

Dec 18, 2023

Received

GD

$31.19K

GD at $222.80/share

Sep 18, 2023

Received

GD

$31.21K

GD at $213.80/share

Jun 16, 2023

Received

GD

$31.22K

GD at $215.31/share

Mar 16, 2023

Received

Rivals

Compare Ward Nye with competitor CEOs and industry peers.