Robert Buck is the CEO of TopBuild Corporation, a major player in the construction industry. He has been leading the company since January 1, 2021, after taking over from Gerald Volas. Before stepping into the CEO role, Robert had a solid background in the company, serving as President and Chief Operating Officer since 2015. He joined TopBuild when it was still part of Masco Corporation in 2009 and worked his way up, gaining extensive knowledge and experience in operations and management. Robert holds a Bachelor of Science in Information Systems and Operations Management and an MBA from the University of North Carolina at Greensboro. In terms of his stock holdings, Robert's wealth has seen significant growth, particularly from 2019 to now, where he has made massive sales in the range of millions as the company's value increased. In 2023, he earned just over $7.7 million, with a base salary of $970,833. His approach focuses on performance and aligns executive compensation with the company’s success, which is essential for motivating him and his team to achieve results. Under his leadership, TopBuild continues to expand its footprint in both residential and commercial construction services.

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Robert Buck

CEO of TopBuild Corporation

Education

Bachelor of Science degree in Information Systems and Operations Management, MBA from the University of North Carolina at Greensboro

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1970 - 55 years ago

CEO of TopBuild Corporation for

4 years 3 months (Jan 2021 - Present)

Previous Experience

President and Chief Executive Officer of Masco Contractor Services

Rivals

Competitors/colleagues of Robert Buck

Cynthia M. M. Dyer

CEO of Taylor Morrison Home Corporation

2023 Compensation

Stock

$0.00

Salary

$1.08M

Bonus

$2.62M

Other

$0.00

Total Holdings

$881.55K

Phillipe Lord

CEO of Meritage Homes

2022 Compensation

Stock

$17.53M

Salary

$900.00K

Bonus

$5.63M

Other

$62.53K

Total Holdings

$21.04M

Fred J. Smith, III

CEO of Construction Partners

2023 Compensation

Stock

$258.62K

Salary

$615.00K

Bonus

$370.28K

Other

$62.32K

Total Holdings

$45.20M

Douglas C. Yearley, Jr.

CEO of Toll Brothers

2023 Compensation

Stock

$0.00

Salary

$1.20M

Bonus

$7.80M

Other

$0.00

Total Holdings

$44.98M

Ryan R. Marshall

CEO of Pultegroup

2023 Compensation

Stock

$10.97M

Salary

$1.00M

Bonus

$4.09M

Other

$35.21K

Total Holdings

$73.36M

Robert H. Schottenstein

CEO of Installed Building Products

2023 Compensation

Stock

$6.39M

Salary

$600.00K

Bonus

$1.23M

Other

$39.54K

Total Holdings

$1.27M

Holdings

See how much did Robert Buck make over time.

Robert Buck's stock holdings have shown a remarkable trajectory since he became CEO in 2021. In 2019 and 2020, his sales hit significant milestones, with monthly sales around $3 million. However, the real turn came in 2021, where he sold shares valued north of $7 million a month regularly. By August 2023, his holdings peaked at around $21 million, showing his confidence in TopBuild's growth and performance. As the market continues to rise, his insider trading activities reflect not just personal gain but also an aligned vision with the company's trajectory, indicating that he fully believes in TopBuild's bright future.

Total Stock Sold

$20.57M

BLD

$20.57M

155,771 BLD shares

What if they kept their stock?

If Robert Buck didn't sell their stock, today they would have:
Extra BLD155,771 shares worth $12.97M.
This is -36.95% and $7.60M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Robert Buck.

BLD

$1.05M

BLD at $418.05/share

Jun 12, 2024

Sale

BLD

$2.02M

BLD at $403.72/share

May 9, 2024

Sale

BLD

$4.70M

BLD at $383.69/share

Feb 20, 2024

Received

BLD

$936.50K

BLD at $374.60/share

Dec 15, 2023

Sale

BLD

$1.33M

BLD at $296.02/share

Nov 29, 2023

Sale

BLD

$1.36M

BLD at $301.76/share

Aug 14, 2023

Sale

BLD

$1.07M

BLD at $240.04/share

Jun 13, 2023

Sale

BLD

$1.15M

BLD at $198.00/share

Feb 22, 2023

Received

BLD

$4.20M

BLD at $191.25/share

Feb 21, 2023

Received

BLD

$2.65M

BLD at $219.56/share

Feb 22, 2022

Received

Compensation History

See how much did Robert Buck make over time.

In 2023, Robert Buck's total compensation was about $7.7 million. This included a salary of $970,833, which is standard for a CEO in his position. His compensation does not include bonuses, emphasizing that his performance metrics focus on long-term growth rather than short-term gains. He received restricted stock units valued at about $2.2 million, and compensation also covered retirement plans and stock option grants. The performance metrics for his bonuses are tied to the company's growth, which motivates him to align his interests with shareholders. The structure of his pay reflects a strong emphasis on attracting top talent and rewarding executives based on their performance.

Year

2023

Total Compensation

$3.26M

Salary

$970.83K

Board Justification

TopBuild's compensation philosophy emphasizes attracting and retaining world-class executives through a competitive total compensation opportunity, encouraging a pay-for-performance mentality, and aligning executive compensation with shareholder interests.

Bonus

$0.00

Board Justification

The bonus award paid is based on performance and is capped at the maximum payout, equal to 200% of target.

Other

$14.19K

Board Justification

The amounts in this column represent the company's 401(k) match, which is available to all employees of the Company, and the incremental Company portion of an executive physical, which is available to all executive officers.

Restricted Stock

$2.28M(11.5K RSU)

Board Justification

The value is the total number of restricted stock units that vested in full during 2023, multiplied by the closing price of the Company's common stock on the vesting date.

Performance Metrics

The performance metrics were adjusted operating income as a percentage of sales (weighted 30%), adjusted operating income (weighted 30%), net sales (weighted 20%), working capital as a percentage of sales (weighted 10%), and achievement of an ESG related minimum safety incident rate (weighted 10%).

Other TopBuild Corporation CEOs

Here are other CEOs of TopBuild Corporation

Gerald Volas

Ex-CEO of TopBuild Corporation

June 2015 - December 2020