M. Scott Culbreth has been leading American Woodmark Corp as CEO since July 2020, after a solid stint as Chief Financial Officer. He brings a strong background in finance with a degree in accounting. Before joining American Woodmark, he held...

M. Scott Culbreth has been leading American Woodmark Corp as CEO since July 2020, after a solid stint as Chief Financial Officer. He brings a strong background in finance with a degree in accounting. Before joining American Woodmark, he held several senior finance roles at companies like Newell Rubbermaid and Piedmont Hardware Brands. Under his leadership, the company has set aggressive performance targets, which is reflected in his impressive bonus of over $1.8 million in 2023 for exceeding performance metrics. His previous experience also includes managing a range of financial functions that add depth to how he runs the company today. He has turned a focus on performance and innovation, leading to the company introducing new product lines to capture market trends.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other American Woodmark CEOs

A

M. Scott Culbreth

CEO of American Woodmark

Education

Bachelor's degree in Accounting

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Cyclical

Born

January 1, 1971 - 54 years ago

CEO of American Woodmark for

4 years 9 months (Jul 2020 - Present)

Previous Experience

Chief Financial Officer

Rivals

Competitors/colleagues of M. Scott Culbreth

T

Cynthia M. M. Dyer

CEO of Taylor Morrison Home Corporation

2023 Compensation

Stock

$0.00

Salary

$1.08M

Bonus

$2.62M

Other

$0.00

Total Holdings

$881.55K

G

John C. Turner, Jr.

CEO of GMS

2023 Compensation

Stock

$1.65M

Salary

$865.00K

Bonus

$977.61K

Other

$23.29K

Total Holdings

$11.10M

S

Michael Olosky

CEO of Simpson Manufacturing

2023 Compensation

Stock

$0.00

Salary

$800.00K

Bonus

$1.48M

Other

$33.00K

Total Holdings

$3.12M

O

Michael H. Thaman

CEO of Owens Corning

2019 Compensation

Stock

$2.00M

Salary

$965.91K

Bonus

$282.02K

Other

$88.93K

Total Holdings

$118.49M

F

Nicholas I. Fink

CEO of Fortune Brands Innovations

2023 Compensation

Stock

$7.31M

Salary

$1.24M

Bonus

$1.97M

Other

$275.23K

Total Holdings

$19.20M

T

Robert Buck

CEO of TopBuild Corporation

2023 Compensation

Stock

$2.28M

Salary

$970.83K

Bonus

$0.00

Other

$14.19K

Total Holdings

$20.86M

Holdings

See how much did M. Scott Culbreth make over time.

M. Scott Culbreth’s holdings in American Woodmark show a clear belief in the company's growth, having amassed a significant number of Restricted Stock Units (RSUs). As of April 30, 2023, he holds approximately 78,759 RSUs granted over various fiscal years,...

M. Scott Culbreth’s holdings in American Woodmark show a clear belief in the company's growth, having amassed a significant number of Restricted Stock Units (RSUs). As of April 30, 2023, he holds approximately 78,759 RSUs granted over various fiscal years, with a market value nearing $3.2 million at the closing price of $50.52. His largest holdings were accumulated in fiscal 2023, following robust performance targets set for himself and the company. Culbreth had 7,765 RSUs vesting in fiscal 2023, demonstrating real-time alignment between his performance and company success. The total value of his unvested stock currently sits around $3 million, indicating a strong incentive for him to push the company's stock price higher.

Insider Trading

See recent insider trades of M. Scott Culbreth.

No insider trades found for this CEO.

Compensation History

See how much did M. Scott Culbreth make over time.

In 2023, M. Scott Culbreth's total compensation reached about $6.4 million, driven largely by a base salary of $936,000 and an annual bonus of about $1.8 million tied to company performance. His bonus reflects the company's successful hitting of financial targets like adjusted EBITDA and cash flow. Interestingly, his overall compensation has seen a substantial increase compared to previous years, showcasing the company's growth trajectory and his role in that success. The compensation structure aligns well with shareholder interests, emphasizing performance-based incentives designed to motivate senior management. His role as CEO comes with further compensation arrangements that ensure he stays focused on achieving long-term goals of the company.

Year

2023

Total Compensation

$2.81M

Salary

$936.00K

Board Justification

The compensation philosophy emphasizes alignment with shareholder interests, performance-based incentives, and competitive pay to attract and retain top talent.

Bonus

$1.85M

Board Justification

The annual cash bonus is based on the company's performance metrics including adjusted EBITDA, free cash flow, and individual goals. For fiscal 2024, Mr. Culbreth earned an annual bonus of 200% of his fiscal year earned wages due to superior performance against these metrics.

Other

$24.90K

Board Justification

This includes company contributions to the retirement savings plan and other benefits such as medical exams.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023 as the focus is on the compensation excluding stock grants and options.

Performance Metrics

The performance metrics that determine the compensation include adjusted EBITDA, free cash flow, and individual performance goals.

Other American Woodmark CEOs

Here are other CEOs of American Woodmark

S. Cary Dunston

Ex-CEO of American Woodmark

August 2015 - July 2020