Sundar PichaiSundar Pichai earned $164M in 2023
E

Michael Haack

CEO of Eagle Materials

Education

MBA from Harvard Business School

Field of Expertise

Business & Management

Born

May 20, 1970 - 54 years ago

Economy Sector

Basic Materials

Current Tenure

5 years 0 months (Feb 2020 - Present)

Previous Experience

Various executive roles within the company

Michael Haack is the President and CEO of Eagle Materials, Inc., a prominent player in the construction materials industry. He joined the company in December 2014, bringing with him extensive experience from Halliburton Energy Services, where he worked for 17...

Year

2023

Total Compensation

$4.23M

Salary

$1.04M

Board Justification

The compensation philosophy emphasizes alignment with shareholder interests, performance-based pay, and retention of key executives.

Bonus

$2.11M

Board Justification

Annual cash incentive award based on performance metrics, with 95% of potential earned for fiscal 2024, totaling $2,107,341.

Other

$108.74K

Board Justification

Includes profit sharing contributions, SERP contributions, executive life insurance premiums, and health wellness awards.

Restricted Stock

$975.58K(14.39K RSU)

Board Justification

Restricted stock awarded on May 23, 2023, with 1/3 vesting on March 31, 2024, totaling 14,393 shares.

Performance Metrics

Performance metrics include operating earnings and individual performance goals tied to sustainability and financial performance.