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Howard S. Cohen is a seasoned leader with over 33 years of experience in the business world. He has worn many hats, including serving as President and CEO of four different publicly traded companies, like GTECH Corporation and Bell &...

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Howard S. Cohen

Ex-CEO of BlueLinx Holdings

Field of Expertise

Business & Management

Sector of Economy

Industrials

CEO of BlueLinx Holdings for

1 year 0 months (Mar 2008 - Apr 2009)

Previous Experience

President and CEO of four publicly-traded companies.

Holdings

See how much did Howard S. Cohen make over time.

Howard S. Cohen has seen his holdings fluctuate significantly over his career at BlueLinx. In 2008, during his tenure as Interim CEO, he accumulated substantial wealth, making over $3 million that year alone with a mix of salaries and stock...

Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did Howard S. Cohen make over time.

Howard S. Cohen's compensation has varied widely throughout his career at BlueLinx Holdings. In 2008, he earned an impressive $3 million, heavily reliant on stock options and bonuses due to his active role as Interim CEO. However, his situation changed when he transitioned to a non-executive Chairman role, leading to a drop in base pay. In 2014, his total compensation was noted as quite modest at $286,250, primarily including board meeting fees since he wasn't eligible for a bonus or stock awards. While he once had performance-based components in his pay when he was more involved, his current compensation reflects his shift towards an advisory and oversight role rather than daily management. His story illustrates a classic retrenchment for seasoned executives who take on strategic roles instead of operational ones, changing how they are compensated accordingly.

Year

2014

Total Compensation

$286.25K

Salary

$250.00K

Board Justification

The compensation philosophy aims to align management's interests with those of stockholders and attract top talent, with a focus on performance-based compensation.

Bonus

$0.00

Board Justification

Mr. Cohen was not eligible for any annual bonus under the STIP for 2014 as he was not an employee of the Company.

Other

$36.25K

Board Justification

This amount includes fees received for attending Board and committee meetings in fiscal 2014.

Restricted Stock

$0.00(0 N/A)

Board Justification

Mr. Cohen did not receive any stock awards that vested in 2014 as he was not an employee of the Company during that year.

Performance Metrics

Mr. Cohen's compensation was not tied to performance metrics as he was not an employee and did not participate in the STIP.