Matthew J. Missad has been the CEO of UFP Industries, Inc. since July 2011. He started at the company in 1985 and worked his way up through various positions, including General Counsel and Secretary to the Board. His educational background...

Number of Employees

15.8K

Year

2023

Total Compensation

$5.68M

Salary

$859.99K

Board Justification

The compensation program is designed to motivate, reward, attract, and retain management personnel essential for the company's success, aligning executive compensation with company objectives and financial performance.

Bonus

$1.74M

Board Justification

Annual cash incentive compensation based on the Company's overall ROI performance, limited to two times the executive's base salary.

Other

$55.09K

Board Justification

Includes contributions to profit sharing and 401(k) plans, personal use of corporate aircraft, and other fringe benefits.

Restricted Stock

$3.02M(36.09K common stock)

Board Justification

Shares of restricted stock that vested in 2023, based on performance metrics established in prior years.

Performance Metrics

The performance metrics for determining compensation in 2023 were based on the company's overall return on investment (ROI), which was 22.49%.

SEC Filing

From March 14, 2024