Kyle T. Larkin is the CEO of Granite Construction Inc., a company he has been with since 1996. He took on the role of CEO in September 2020 after serving in various leadership positions, including President and Chief Operating Officer....

Number of Employees

4.1K

Year

2022

Total Compensation

$850.00K

Salary

$400.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies to ensure competitive and performance-driven compensation for executives.

Bonus

$150.00K

Board Justification

Annual performance-based cash bonus based on company performance metrics and individual contributions for the year 2022.

Other

$50.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2022.

Restricted Stock

$250.00K(5K RSU)

Board Justification

5,000 shares of restricted stock units (RSUs) vested in 2022 as part of the long-term incentive plan, granted in prior years.

Performance Metrics

Performance metrics for 2022 included safety performance metrics (OSHA Recordable Incident Rate and Days Away, Restricted, or Transferred Rate) and financial performance indicators.

SEC Filing

From April 28, 2023

Kyle T. Larkin

CEO of Granite Construction

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Education

Bachelor of Science in Construction Management from California Polytechnic State University, San Luis Obispo; Master of Business Administration from the University of Massachusetts, Amherst

Field of Expertise

Real Estate & Construction - Construction

Born

January 1, 1971 - 54 years ago

Is Founder?

No

Current Tenure

4 years 3 months (Sep 2020 - Present)

Previous Experience

Joined Granite in 1996, served in various positions including Executive Vice President and Chief Operating Officer since February 2020.