John M. Engquist is the Executive Chairman of H&E Equipment Services, Inc., where he has worked since the company started in 2006. Before that, he served as President and Chief Executive Officer since the company's formation and has been part...

Number of Employees

2.77K

Year

2018

Total Compensation

$2.05M

Salary

$892.50K

Board Justification

The compensation program is designed to attract, retain, and motivate executives while aligning their interests with those of stockholders, focusing on performance and competitive compensation levels.

Bonus

$1.07M

Board Justification

The 2018 bonus for Mr. Engquist was paid approximately 83% in cash during the first quarter of 2019 with the remaining amounts to be paid in equal installments in the first quarter of 2020 and 2021, together with accrued interest on the unpaid balances at the prime rate in effect on January 1st of the then-current year.

Other

$81.22K

Board Justification

Includes dividends received on unvested stock, perquisites, insurance premiums, and company contributions to the 401(k) plan.

Restricted Stock

$0.00(0 shares)

Board Justification

No stock was reported as vested in 2018 for Mr. Engquist that is not part of the stock grants or options.

Performance Metrics

The performance metrics for the 2018 bonuses were based on the Company's achievement of specified threshold and target levels of EBITDA and return on gross net assets.

SEC Filing

From March 29, 2019

John M. Engquist

Ex-CEO of H&E Equipment Services

JM

Education

B.S. from Louisiana State University

Field of Expertise

Business & Management

Born

June 1, 1966 - 58 years ago

Is Founder?

No

Tenure

16 years 6 months (Jun 2002 - Dec 2018)

Previous Experience

President and CEO of Head & Engquist since 1990.