John R. Colson is the former CEO and founder of Quanta Services, Inc., a leading provider of specialized infrastructure services in the electrical and communications industries. With decades of experience, he began his career in 1971 at PAR Electrical Contractors,...

Number of Employees

52.5K

Year

2011

Total Compensation

$3.09M

Salary

$867.73K

Board Justification

The compensation philosophy aims to attract, motivate, and retain executives by linking compensation to both individual and company performance, with a significant portion being performance-based and at risk.

Bonus

$297.19K

Board Justification

Cash incentives earned under the annual incentive plan based on the achievement of Quanta's operating income goal for 2011.

Other

$30.64K

Board Justification

Includes 401(k) matching contributions, financial planning reimbursement, and incremental company-paid benefits.

Restricted Stock

$1.89M(77.45K restricted stock)

Board Justification

Shares of restricted stock that vested during the fiscal year 2011, reflecting the value realized upon vesting.

Performance Metrics

The performance metrics for determining compensation included achievement of operating income and return on equity goals.

SEC Filing

From April 10, 2012