B. Scott Smith is the former CEO of Sonic Automotive, a major car dealership group. He was appointed to the CEO position in July 2015 after serving in various roles since the company's founding in 1997. His educational background includes...

Current Market Cap

$2.15B

Number of Employees

10.5K

Total Compensation

2015 - 2018

Trending down by -25.00% last year
Showing total compensation for the last 2015 - 2018

Stock

Down by -68.75% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Down by -50.00% last year

Year

2018

Total Compensation

$900.00K

Salary

$600.00K

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term shareholder value and competitive benchmarking against peers to retain top talent.

Bonus

$150.00K

Board Justification

The bonus is based on the company's performance metrics, including revenue growth and profitability, paid out in cash for the year 2018.

Other

$25.00K

Board Justification

Other compensation includes health benefits and retirement contributions paid out in 2018.

Restricted Stock

$125.00K(5K RSU)

Board Justification

The stock that vested in 2018 was part of a long-term incentive plan, with shares vesting based on performance criteria met in the previous years.

Performance Metrics

Performance metrics include revenue growth, net income, and operational efficiency targets.

SEC Filing

From March 13, 2019

B. Scott Smith

Ex-CEO of Sonic Automotive

BS

Education

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

Field of Expertise

Manufacturing & Industrial - Automotive

Born

January 1, 1971 - 53 years ago

Is Founder?

No

Tenure

3 years 2 months (Jul 2015 - Sep 2018)

Previous Experience

President of Sonic Automotive, Inc. since 2007, various positions since 1997.