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...

Number of Employees

8.8K

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.

SEC Filing

From June 26, 2024