Sundar PichaiSundar Pichai earned $164M in 2023
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Anne P. Noonan

CEO of Summit Materials

Born

July 30, 2024 - 0 years ago

Economy Sector

Basic Materials

Current Tenure

4 years 5 months (Sep 2020 - Present)

Previous Experience

Unknown

Anne P. Noonan is the President and CEO of Summit Materials, a company that specializes in construction materials. Appointed in September 2020, she took over from the founder, bringing a fresh perspective after her previous role at OMNOVA Solutions. Her...

Year

2023

Total Compensation

$4.74M

Salary

$1.03M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain executives while aligning their interests with those of stockholders through a significant portion of at-risk pay tied to performance metrics.

Bonus

$0.00

Board Justification

No bonus was awarded in 2023.

Other

$47.63K

Board Justification

Other compensation includes payments for life insurance, amounts paid for the Executive Health Program, contributions to Health Savings Account, and nominal amounts related to parking and entertainment expenses.

Restricted Stock

$3.67M(118.78K RSUs)

Board Justification

Vested stock awards in 2023 include time-vesting RSUs and performance units that were earned based on performance metrics for the fiscal year.

Performance Metrics

Performance metrics for 2023 included Adjusted EBITDA, EBITDA Margin, Recordable Incident Rate, Safety Risk Assessments, and Bedrock Milestones.