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....

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. Larkin has a solid educational background with a Bachelor’s in Construction Management from California Polytechnic State University and an MBA from the University of Massachusetts. Over his career, he has held roles such as Senior Vice President and Group Manager, contributing to the company’s growth and operations. Under his leadership, Granite emphasizes safety and financial performance in its operations. His compensation reflects the company's performance-driven culture, including a $600,000 total pay in 2022, which consists of salary and performance bonuses. Larkin’s journey in Granite gives him a unique understanding of the construction industry and the company’s challenges, making him a significant figure in how Granite operates today.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Granite Construction CEOs

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Kyle T. Larkin

CEO of Granite Construction

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

Sector of Economy

Industrials

Born

January 1, 1971 - 54 years ago

CEO of Granite Construction for

4 years 6 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.

Rivals

Competitors/colleagues of Kyle T. Larkin

Holdings

See how much did Kyle T. Larkin make over time.

Kyle T. Larkin currently has a vested interest in the performance of Granite Construction through his stock options and awards. His holdings have fluctuated based on company performance, and they're part of his long-term incentive plan. As of 2022, Larkin...

Kyle T. Larkin currently has a vested interest in the performance of Granite Construction through his stock options and awards. His holdings have fluctuated based on company performance, and they're part of his long-term incentive plan. As of 2022, Larkin owned 5,000 shares of restricted stock units (RSUs), which were valued at $250,000 at the time of vesting. Notably, he has seen his compensation shift as he rose through the ranks, illustrating an alignment of his interests with the company’s success. There are no new stock grants for Larkin in 2022 compared to earlier years where he received larger grants, indicating a strategic move towards retention and performance-based rewards.

Total Stock Sold

$2.99M

GVA

$2.99M

38,000 GVA shares

What if they kept their stock?

If Kyle T. Larkin didn't sell their stock, today they would have:
Extra GVA38,000 shares worth $629.66K.
This is -78.95% and $2.36M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Kyle T. Larkin.

GVA

193,890 shares

GVA

Mar 14, 2025

Received

GVA

$2.68M

GVA at $89.28/share

Nov 5, 2024

Sale

GVA

96,352 shares

GVA

Mar 14, 2024

Received

GVA

37,789 shares

GVA

Mar 14, 2023

Received

GVA

$248.48K

GVA at $31.06/share

May 6, 2022

Sale

GVA

18,897 shares

GVA

Mar 13, 2022

Received

GVA

24,777 shares

GVA

Jun 3, 2021

Received

GVA

10,800 shares

GVA

Jun 2, 2021

Received

GVA

20,441 shares

GVA

Mar 13, 2020

Received

GVA

$99.89K

GVA at $28.54/share

Sep 6, 2019

Purchase

Compensation History

See how much did Kyle T. Larkin make over time.

In 2022, Kyle T. Larkin earned a total compensation of $600,000 as CEO of Granite Construction. His salary was $400,000, and he received a $150,000 performance-based cash bonus. The bonus is linked to the company's metrics for safety and financial performance, highlighting Granite's commitment to accountability. Larkin was also awarded 5,000 shares of RSUs, valued at $250,000, further tying his financial success to the company’s achievements. Larkin’s total pay reflects a comprehensive approach to executive compensation, which balances salary, performance bonuses, and long-term incentives. His compensation strategy is designed to encourage retention and align executive performance with the company's overall goals.

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.

Other Granite Construction CEOs

Here are other CEOs of Granite Construction

James H. Roberts

Ex-CEO of Granite Construction

September 2010 - September 2020