George Pita served as the Executive Vice President and Chief Financial Officer of MasTec, Inc., stepping into this role in January 2014 and recently retiring in March 2023. He holds a Bachelor's degree in Business Administration and Accounting from the...

Current Market Cap

$11.31B

Number of Employees

34K

Total Compensation

2019 - 2023

Trending down by -94.39% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Down by -50.54% last year

Bonus

Down by -100.00% last year

Other

Down by -100.00% last year

Year

2023

Total Compensation

$540.75K

Salary

$540.75K

Board Justification

MasTec’s compensation program aims to attract, motivate, and retain a talented executive team, rewarding both company and individual performance while aligning executive interests with those of shareholders.

Bonus

$0.00

Board Justification

Mr. Pita is not entitled to participate in MasTec’s bonus plan for senior management, receive equity awards, nor be eligible for an annual performance bonus following his retirement.

Other

$0.00

Board Justification

No additional compensation was reported for Mr. Pita in 2023.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as Mr. Pita retired on March 31, 2023, and is not entitled to any new equity awards.

Performance Metrics

The performance metrics for determining compensation include adjusted EBITDA, revenue growth, earnings per share growth, and return on invested capital.

SEC Filing

From April 4, 2024

George Pita

Ex-CEO of MasTec

GP

Education

Bachelors in Business Administration and Accounting from the University of Miami

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1971 - 53 years ago

Is Founder?

No

Tenure

9 years 2 months (Jan 2014 - Mar 2023)

Previous Experience

EVP, COO and CFO of Stuart Weitzman Holdings

View Holdings

Insider Holdings of George Pita

MTZOVV

$22.20M

$10.37M (87.67%)

Last Insider Trade

MTZ

26,036 shares

MTZ

Mar 10, 2023

Received