Sundar PichaiSundar Pichai earned $164M in 2023

Frank E. Jaumot is a seasoned executive with a Bachelor's degree in Accounting. He has a solid background in finance and has been part of MasTec, Inc. since 2004, contributing to its growth in the telecommunications and utilities sectors. Notably,...

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Frank E. Jaumot

Ex-CEO of MasTec

Education

Bachelor's degree in Accounting

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1944 - 81 years ago

CEO of MasTec for

0 years 2 months (Oct 2004 - Jan 2005)

Previous Experience

Various senior management roles in the accounting field

Holdings

See how much did Frank E. Jaumot make over time.

Frank E. Jaumot has shown a considerable confidence in his company, MasTec, by engaging in insider trading over the years. His highest trading activity was in early 2021 when his trades reached over $2.39M. These trades illustrate how he strategically...

Mar 17, 2025

Total Stock Sold

$1.06M

MTZ

$1.06M

51,462 MTZ shares

What if they kept their stock?

If Frank E. Jaumot didn't sell their stock, today they would have:
Extra MTZ51,462 shares worth $2.00M.
This is 87.66% and $932.45K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Frank E. Jaumot.

MTZ

669 shares

MTZ

May 13, 2016

Received

MTZ

1,743 shares

MTZ

Feb 15, 2016

Received

MTZ

1,375 shares

MTZ

Nov 13, 2015

Received

MTZ

1,327 shares

MTZ

Aug 14, 2015

Received

MTZ

3,166 shares

MTZ

Apr 29, 2015

Received

MTZ

1,114 shares

MTZ

Feb 13, 2015

Received

MTZ

920 shares

MTZ

Nov 14, 2014

Received

MTZ

805 shares

MTZ

Aug 15, 2014

Received

MTZ

427 shares

MTZ

May 15, 2014

Received

MTZ

456 shares

MTZ

Feb 14, 2014

Received

Compensation History

See how much did Frank E. Jaumot make over time.

In 2005, Frank E. Jaumot earned a total compensation of $1,138,292, which included a salary of $639,231. This also incorporated numerous benefits, but there was no cash performance bonus awarded that year, indicating that his performance metrics were possibly tied to long-term goals rather than immediate results. He received a substantial grant of stock options worth 150,000 shares, which would vest ratably over three years, aligning his interests with those of the shareholders. This structure suggests that the company aimed to motivate him for sustained performance. Compensation programs at MasTec included performance metrics that linked executive pay with the company's operational performance, ensuring that leadership was focused on achieving strategic goals that benefit all stakeholders.

Year

2005

Total Compensation

$1.14M

Salary

$639.23K

Board Justification

The executive compensation program of MasTec is designed to attract and retain talented personnel, motivate executives to achieve strategic goals, and align the interests of executives with shareholders through stock options and other stock-related programs.

Bonus

$0.00

Board Justification

No cash performance bonus was awarded to Mr. Shanfelter for 2005 performance.

Other

$500.06K

Board Justification

Includes premiums paid by MasTec for split dollar insurance on the life of Mr. Shanfelter and his spouse, and excess life insurance premiums paid under MasTec’s benefit plans.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2005.

Performance Metrics

Compensation is linked to MasTec’s performance and individual performance.

Other MasTec CEOs

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