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S. Cary Dunston is an experienced executive who served as the CEO of American Woodmark Corp from August 2015 until July 2020. With a Bachelor's degree in Business Administration and a background in operations, he has led the company through...

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S. Cary Dunston

Ex-CEO of American Woodmark

Education

Bachelor's degree in Industrial Engineering

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1964 - 61 years ago

CEO of American Woodmark for

4 years 10 months (Aug 2015 - Jul 2020)

Previous Experience

Executive Vice President and Chief Operating Officer

Holdings

See how much did S. Cary Dunston make over time.

During his time as CEO, Cary Dunston held a significant amount of American Woodmark stock, reflecting his confidence in the company's vision. His holdings saw notable fluctuations, especially during periods of company performance that impacted stock prices. At his peak,...

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Insider Trading

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No insider trades found for this CEO.

Compensation History

See how much did S. Cary Dunston make over time.

In 2020, Cary Dunston reported a total compensation of approximately $4.2 million in his final year as CEO, mainly consisting of a salary of $902,308, vested stock valued at around $1.5 million, and $721,473 in other benefits upon retirement. This marked a significant rise from his 2018 compensation of about $1.4 million, tied to performance metrics that aimed to boost shareholder value. Prior years reflected a mix of salary and performance-based bonuses, highlighting his role in driving the company's financial goals. Cary’s compensation was closely linked to the company’s profitability and was designed to motivate long-term success. His retirement package included benefits that underscored the company’s commitment to its executives, ensuring they exit with a legacy left behind and a secure financial future.

Year

2020

Total Compensation

$3.16M

Salary

$902.31K

Board Justification

The compensation philosophy aims to align executive compensation with the long-term interests of shareholders, focusing on performance-based rewards and retention strategies.

Bonus

$0.00

Board Justification

Mr. Dunston did not receive an annual bonus for fiscal 2021 due to his separation prior to the end of the year.

Other

$721.47K

Board Justification

This includes severance payments and other benefits received upon retirement.

Restricted Stock

$1.53M(21.88K RSU)

Board Justification

Mr. Dunston received 21,879 shares of Company common stock upon the settlement of his RSUs, including pro-rata portions of his fiscal 2019 and 2020 performance-based RSUs based on completed performance years at the time of his retirement.

Performance Metrics

The performance metrics for determining compensation included adjusted EBITDA and free cash flow.