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,...

Number of Employees

34K

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.

SEC Filing

From April 14, 2006

Frank E. Jaumot

Ex-CEO of MasTec

FE

Education

Bachelor's degree in Accounting

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1944 - 81 years ago

Is Founder?

No

Tenure

0 years 2 months (Oct 2004 - Jan 2005)

Previous Experience

Various senior management roles in the accounting field