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...

Number of Employees

8.8K

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.

SEC Filing

From June 29, 2021