Fred J. Smith, III is the President and CEO of Construction Partners, Inc., a company focused on road construction and paving. He has an MBA and a BA in History from Wake Forest University, showing a unique blend of business...

Fred J. Smith, III is the President and CEO of Construction Partners, Inc., a company focused on road construction and paving. He has an MBA and a BA in History from Wake Forest University, showing a unique blend of business acumen and a liberal arts background. Fred transitioned to CEO in March 2021, having previously served as Chief Operating Officer, where he honed his leadership skills during significant challenges like inflation and supply chain issues. Under his guidance, Construction Partners has pushed for innovative growth strategies, particularly in acquisitions. Interestingly, Fred has strong ties to the construction industry through family connections, such as work with companies owned by his father and brother. He has a hefty compensation package, with 2023 earnings around $2.47 million, mainly from salary and bonuses. In 2022, he received a notable bonus of $250,000 for his leadership, which included navigating tough market conditions. Investments in the company also reflect confidence, with his holdings fluctuating significantly over the years, underscoring his deep connection to the firm and its performance.