Sundar PichaiSundar Pichai earned $164M in 2023

Paul DiMarco is the CEO of MasTec, Inc., a significant player in the construction and engineering sector. He took over as the Chief Executive Officer on April 1, 2023, after serving as the Executive Vice President and Chief Financial Officer,...

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Paul DiMarco

CEO of MasTec

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1979 - 46 years ago

CEO of MasTec for

2 years 0 months (Apr 2023 - Present)

Previous Experience

Corporate Treasurer for over 10 years

Holdings

See how much did Paul DiMarco make over time.

Paul DiMarco's insider trading activity over the past year has shown notable growth, with his holdings peaking at approximately $5.54 million in June 2024. His stock value steadily increased, illustrating his confidence in MasTec’s future. Just months earlier, in October...

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Total Stock Sold

$92.67K

MTZ

$92.67K

1,332 MTZ shares

What if they kept their stock?

If Paul DiMarco didn't sell their stock, today they would have:
Extra MTZ1,332 shares worth $46.31K.
This is -50.02% and $46.35K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Paul DiMarco.

MTZ

20,571 shares

MTZ

Mar 18, 2025

Received

MTZ

24,311 shares

MTZ

Mar 5, 2024

Received

MTZ

$95.04K

MTZ at $71.35/share

Oct 2, 2023

Sale

Compensation History

See how much did Paul DiMarco make over time.

In 2023, Paul DiMarco earned over $1 million in total compensation at MasTec, comprising a $1.25 million salary, a performance bonus of $1.35 million, and $440,000 in additional benefits. This compensation reflects MasTec’s strategy of tying executive pay to company performance, aligning the interests of leadership with those of shareholders. His substantial performance bonus is tied to metrics like revenue growth and EBITDA, indicating that his leadership is closely linked to the company’s financial health. DiMarco’s compensation is structured to retain talent while motivating executives to meet specific financial targets, ensuring that he remains focused on driving MasTec toward greater profitability and success.

Year

2023

Total Compensation

$9.64M

Salary

$1.25M

Board Justification

MasTec's compensation program aims to attract, motivate, and retain a talented executive team while aligning their interests with those of shareholders through performance-based incentives.

Bonus

$1.35M

Board Justification

Annual performance bonus based on achievement of goals established by the Compensation Committee.

Other

$44.07K

Board Justification

Other fringes and benefits provided to the CEO.

Restricted Stock

$7.00M(81.04K RSU)

Board Justification

Restricted stock that vested in 2023, calculated based on the closing price of MasTec’s Common Stock on March 5, 2024.

Performance Metrics

Adjusted EBITDA, revenue growth, earnings per share growth, and return on invested capital.

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