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Mitchell B. Lewis, born in 1963, is the former CEO of BlueLinx Holdings, a key player in the building products industry. He holds a B.A. in Economics from Emory University and a J.D. from the University of Michigan. Prior to...

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Mitchell B. Lewis

CEO of BlueLinx Holdings

Education

B.A. in Economics from Emory University, J.D. from the University of Michigan

Field of Expertise

Business & Management

Sector of Economy

Industrials

CEO of BlueLinx Holdings for

11 years 2 months (Jan 2014 - Present)

Previous Experience

President and CEO of Euramax Holdings, Inc.

Holdings

See how much did Mitchell B. Lewis make over time.

During his tenure at BlueLinx, Mitchell Lewis had substantial holdings in the company's stock. His greatest wealth was reflected during peak performance years, like the highs in 2020 when stock awards contributed over $2.9 million to his compensation. At the...

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Insider Trading

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Compensation History

See how much did Mitchell B. Lewis make over time.

In 2023, Mitchell Lewis earned a total compensation of $1.8 million at BlueLinx, which included a salary of $775,000 and a similar amount as a performance-based bonus. Besides this, he was granted 4,745 shares in restricted stock units worth about $348,000. His compensation packages have shown his alignment with company performance, especially during high-stakes years, marking his strategic approach in both rewards and risks. Notably, in 2020, he took a voluntary salary cut during the pandemic, showcasing his dedication to the company’s welfare over personal gain. His compensation included performance metrics that emphasized company financial health, making him a focused leader in aligning with shareholder interests.

Year

2023

Total Compensation

$1.92M

Salary

$775.00K

Board Justification

The compensation program is designed to align management's interests with those of stockholders through equity ownership and to reward executives for their contributions to both short-term and long-term results.

Bonus

$775.00K

Board Justification

Annual performance-based cash awards under the Short-Term Incentive Plan (STIP) based on performance against pre-determined goals for Adjusted EBITDA and Return on Working Capital for fiscal 2023.

Other

$22.89K

Board Justification

Cost of COBRA premiums for continuing medical coverage for 12 months following termination of employment.

Restricted Stock

$348.85K(4.75K RSU)

Board Justification

Time-based restricted stock units that vested in 2023, granted on January 2, 2023, and vesting in equal installments over three years, with 4,745 shares vested in 2023.

Performance Metrics

Adjusted EBITDA and Return on Working Capital.

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