Keith J. Allman has been the CEO of Masco Corporation since 2014. He started with the company back in 1998, showing a long commitment to the business. In 2023, his total pay was about $12.7 million, which included a performance...

Current Market Cap

$16.62B

Number of Employees

18K

Total Compensation

2019 - 2023

Trending up by 82.45% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 58.84% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 113.15% last year

Year

2023

Total Compensation

$15.17M

Salary

$1.27M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests.

Bonus

$2.66M

Board Justification

Annual performance-based cash bonus earned based on the achievement of performance targets for 2023.

Other

$214.78K

Board Justification

Includes profit sharing and 401(k) matching contributions, financial planning expenses, and personal use of company aircraft.

Restricted Stock

$11.02M(200.69K RSU)

Board Justification

Restricted stock units that vested in 2023 as part of the annual performance program and long-term incentive program.

Performance Metrics

The performance metrics for 2023 included operating profit, net sales, and working capital as a percent of sales, with a DE&I performance modifier.

SEC Filing

From April 1, 2024