Matthew Stevenson is the current CEO of Holley Inc., having taken over the leadership role on June 6, 2023. With an MBA from a top business school, he has a strong background in operations, which aids Holley’s focus on performance...

Matthew Stevenson is the current CEO of Holley Inc., having taken over the leadership role on June 6, 2023. With an MBA from a top business school, he has a strong background in operations, which aids Holley’s focus on performance and efficiency in the automotive aftermarket space. Before joining Holley, Stevenson served as the CEO of Blue Bird Corporation from November 2021 to June 2023. During his time there, he faced significant challenges, including supply chain disruptions that impacted the company’s operations. His compensation at Holley reflects both investment in leadership and a commitment to aligning with business goals. In 2023, he reported a total compensation of about $5.4 million, which included a signing bonus of $700,000 and 1 million restricted stock units as part of his role, showcasing an alignment with long-term company goals. This level of engagement signals strong backing from the board. Stevenson continues to emphasize performance targets connected to financial metrics, indicating he’s focused on driving Holley to new heights in the performance automotive sector.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Holley CEOs

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Matthew Stevenson

CEO of Holley

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

CEO of Holley for

1 year 10 months (Jun 2023 - Present)

Previous Experience

President and CEO of Blue Bird Corporation

Rivals

Competitors/colleagues of Matthew Stevenson

Holdings

See how much did Matthew Stevenson make over time.

Matthew Stevenson has been involved with Holley Inc. since June 2023. At this time, his wealth is significantly tied to Holley's stock, particularly the 1 million RSUs awarded, which have a total value of around $4.87 million. This represents a...

Matthew Stevenson has been involved with Holley Inc. since June 2023. At this time, his wealth is significantly tied to Holley's stock, particularly the 1 million RSUs awarded, which have a total value of around $4.87 million. This represents a major portion of his net worth. Prior to Holley, he worked at Blue Bird Corporation, where he didn’t see any vested stock due to unmet performance targets before his resignation in June 2023. This history illustrates that Stevenson’s wealth is heavily reliant on stock performance, particularly with the substantial RSUs at Holley. It’s worth noting that the significant fluctuations in the market could heavily influence his financial standing in the future.

Insider Trading

See recent insider trades of Matthew Stevenson.

SERVw

$464.26K

SERVw at $54.26/share

May 21, 2019

Sale

SERVw

$113.24K

SERVw at $44.20/share

Nov 30, 2018

Sale

Compensation History

See how much did Matthew Stevenson make over time.

In 2023, Matthew Stevenson’s total compensation at Holley Inc. amounted to approximately $5.4 million. This includes a salary of $387,692 and a signing bonus of $700,000. The most notable part of his package was the grant of 1 million restricted stock units, valued at around $4.87 million, which vest over four years based on his continued employment. This structure reflects the company's philosophy of aligning executive pay with shared performance goals and shareholder value. His previous tenure at Blue Bird Corporation earned him about $843,122 in 2022, but he had to forfeit bonuses due to not completing the fiscal year. This compensation setup emphasizes performance metrics tied to adjusted EBITDA, suggesting that Stevenson is motivated to drive the financial success of Holley.

Year

2023

Total Compensation

$6.17M

Salary

$387.69K

Board Justification

Holley's compensation program is designed to align compensation with business objectives and stockholder value, while attracting and retaining key executives.

Bonus

$700.00K

Board Justification

A signing bonus paid to Mr. Stevenson upon his appointment as President and Chief Executive Officer.

Other

$217.16K

Board Justification

Includes relocation costs, employer matching contributions under the 401(k) plan, life and disability insurance premiums, and country club dues.

Restricted Stock

$4.87M(1M RSU)

Board Justification

1,000,000 RSUs granted as an inducement award that vest on each of the first four anniversaries of the grant date, subject to Mr. Stevenson’s continuous employment.

Performance Metrics

Annual cash bonuses are tied to the achievement of adjusted EBITDA targets.

Other Holley CEOs

Here are other CEOs of Holley

Thomas Tomlinson

Ex-CEO of Holley

July 2021 - February 2023