Sundar PichaiSundar Pichai earned $164M in 2023
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C. Jeffrey McGowan

Ex-CEO of Martin Marietta Materials

Education

Bachelor's degree from the University of North Carolina at Chapel Hill

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1956 - 69 years ago

Economy Sector

Basic Materials

Tenure

5 years 11 months (May 2010 - May 2016)

Previous Experience

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

C. Jeffrey McGowan has been the CEO of Martin Marietta Materials since 2010. This company is a key player in the construction materials industry. McGowan studied engineering at the University of North Carolina and has built a solid career in...

Year

2016

Total Compensation

$2.67M

Salary

$1.01M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with shareholder interests, and maintaining competitive compensation levels relative to peer companies.

Bonus

$1.30M

Board Justification

Annual incentive bonus awarded based on performance factors including revenue growth, gross profit margin expansion, EBITDA growth, EPS growth, effective cost management, and safety and regulatory compliance record.

Other

$364.23K

Board Justification

Includes matching contributions to retirement plans, life insurance benefits, and personal use of leased automobiles.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2016 as the focus was on performance-based stock units (PSUs) and restricted stock units (RSUs) which vest over time based on performance metrics.

Performance Metrics

Performance metrics include revenue growth, gross profit margin expansion, EBITDA growth, EPS growth, effective cost management, and safety and regulatory compliance.