David B. Powers is the CEO of Eagle Materials, Inc., a leading company in the building materials industry. He took on the role in 2016, after a solid tenure within the company spanning many years. Before becoming CEO, he had...
David B. Powers is the CEO of Eagle Materials, Inc., a leading company in the building materials industry. He took on the role in 2016, after a solid tenure within the company spanning many years. Before becoming CEO, he had extensive experience in the gypsum industry, including positions that involved strategy and operations. Powers was instrumental in guiding the company through various phases of growth and change. In 2023, his total compensation was impressive at around $8.26 million, including a robust cash bonus reflecting his performance metrics tied directly to company earnings. Notably, his stock options have fluctuated significantly over the years, with his wealth peaking at approximately $16.10 million during his tenure. Powers's leadership emphasizes performance, aligning executive success with the company's overall prosperity, which is something many shareholders appreciate. A critical aspect of his role is overseeing a substantial incentive program that is closely tied to operating results, ensuring that he and the team are focused on delivering value. With more than 35 years in the industry, he combines experience with a hands-on approach to leadership, making him a significant figure in the building materials market.