Stephen E. Macadam has been leading BlueLinx Holdings Inc. as CEO since 2018. Before his role at BlueLinx, he worked at Enpro Industries from 2008 to 2018 and also had a brief stint at BlueLinx from 2007 to 2008. He was born in 1960, which makes him a seasoned executive with decades of experience in management. Under his leadership, BlueLinx focuses on strategic growth and efficient operations. In 2018, his total compensation was $373,606, which included a notable salary of $807,331. He didn’t receive bonuses that year due to the company not meeting specific performance targets. The compensation structure at BlueLinx aims to align the interests of executives with those of the shareholders, making sure that every decision is aimed at long-term success. Macadam's journey in the industry shows a commitment to driving results, and though the numbers might seem modest compared to other CEOs in the field, his focus on performance metrics highlights a different approach to achieving success in the highly competitive market.

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Stephen E. Macadam

Ex-CEO of Enpro

Education

MBA from Harvard Business School

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

June 15, 1956 - 68 years ago

CEO of Enpro for

11 years 3 months (Apr 2008 - Jul 2019)

Previous Experience

Former CEO of BlueLinx Holdings Inc.

Rivals

Competitors/colleagues of Stephen E. Macadam

Gunnar Kleveland

CEO of Albany International Inc.

2023 Compensation

Stock

$507.48K

Salary

$300.00K

Bonus

$3.30M

Other

$139.67K

Total Holdings

$879.42K

Jennifer L. Sherman

CEO of Federal Signal

2023 Compensation

Stock

$1.33M

Salary

$946.31K

Bonus

$2.08M

Other

$209.16K

Total Holdings

$47.99M

Patrick S. Williams

CEO of Innospec

2009 Compensation

Stock

$0.00

Salary

$675.28K

Bonus

$1.05M

Other

$89.03K

Total Holdings

$17.14M

Christopher L. Mapes

CEO of Lincoln Electric Holdings

2023 Compensation

Stock

$2.59M

Salary

$1.11M

Bonus

$2.78M

Other

$320.35K

Total Holdings

$21.65M

Nicholas Fanandakis

CEO of ITT

2023 Compensation

Stock

$0.00

Salary

$1.09M

Bonus

$0.00

Other

$158.98K

Total Holdings

$1.45M

Holdings

See how much did Stephen E. Macadam make over time.

Stephen E. Macadam has seen fluctuating wealth tied to his holdings in BlueLinx. His stock holdings peaked at 600,000 shares of restricted stock when he joined the company in 2014. As of 2018, his vested stock was valued at around $777,397. The value of his holdings reflects not only his commitment to the company but also the volatility often seen in the market. Each year, his stock options and grants reveal the company’s performance based on set criteria, such as Adjusted EBITDA. Over the years, his stock options have varied due to performance metrics, emphasizing the relationship between the company's success and his financial outcomes. In 2018, his total stock value included both vested and unvested shares, showcasing a strategic plan for wealth acquisition through stock ownership, primarily based on company performance.

Mar 17, 2025

NPO @ $178.04

SNBR @ $7.06

VVV @ $NaN

Total Stock Sold

$9.66M

NPO

$9.66M

137,579 NPO shares

What if they kept their stock?

If Stephen E. Macadam didn't sell their stock, today they would have:
Extra NPO137,579 shares worth $5.54M.
This is -42.69% and $4.13M less than what they got when they sold the stock.

Charitable Transactions

NPO

2,000 shares

NPO

Recent Charitable Transactions

NPO

$140.26K

NPO at $70.13/share

Feb 19, 2019

Charity

Insider Trading

See recent insider trades of Stephen E. Macadam.

SNBR

$531.20K

SNBR at $12.35/share

Aug 6, 2024

Purchase

SNBR

5,457 shares

SNBR

May 21, 2024

Received

SNBR

4,272 shares

SNBR

Dec 14, 2023

Received

NPO

$757.38K

NPO at $67.26/share

Aug 8, 2019

Sale

NPO

$140.26K

NPO at $70.13/share

Feb 19, 2019

Charity

NPO

$1.55M

NPO at $68.53/share

Feb 12, 2019

Received

NPO

$1.84M

NPO at $83.67/share

Feb 12, 2018

Received

NPO

$2.10M

NPO at $84.06/share

Nov 6, 2017

Sale

NPO

$1.95M

NPO at $74.08/share

Aug 7, 2017

Sale

NPO

$1.08M

NPO at $72.21/share

May 4, 2017

Sale

Compensation History

See how much did Stephen E. Macadam make over time.

In 2018, Stephen E. Macadam's total compensation was $373,606. This included a base salary of $807,331 but no bonuses due to unmet performance targets, which is common in corporate structures. The pay structure at BlueLinx is designed to keep the executive team focused on long-term growth and profitability. In contrast, his 2017 compensation included a hefty bonus of over $1.5 million, which shows how company performance can drastically impact earnings. For 2018, he held over $777,397 in vested stock, showcasing the importance of tying compensation to stock performance. This structure promotes a sense of ownership among executives, aiming for alignment with shareholder interests. Stephen's compensation journey is a solid reflection of the company's ups and downs, highlighting how executive pay is often tied closely to the health of the business.

Year

2018

Total Compensation

$1.60M

Salary

$807.33K

Board Justification

The compensation program is designed to attract and retain top quality executives with the qualifications necessary for the long-term financial success of the Company, aligning management’s interests with that of stockholders through equity ownership and promoting the attainment of key goals.

Bonus

$0.00

Board Justification

No bonuses were awarded as the Company did not achieve the threshold targets for Adjusted EBITDA and ROWC during fiscal 2018.

Other

$16.37K

Board Justification

Includes an allowance of $10,000 for auto and club dues, life insurance premiums paid by the Company of $2,230, and $4,044 for an executive physical exam.

Restricted Stock

$777.40K(30.72K RSU)

Board Justification

Performance-based restricted stock units granted on June 8, 2018 that have not yet vested, vest on the third anniversary of the date of grant if the Company achieves trailing twelve month Adjusted EBITDA of at least $150 million as of the end of any fiscal quarter, generally subject to the executive’s continued service with the Company through the vesting date.

Performance Metrics

The performance metrics for fiscal 2018 were based on corporate earnings before interest, tax, depreciation, and amortization targets (Adjusted EBITDA) and return on working capital (ROWC), with the two criteria weighted at 25% Adjusted EBITDA and 75% ROWC.

Other Enpro CEOs

Here are other CEOs of Enpro

Marvin A. Riley

Ex-CEO of Enpro

July 2019 - July 2021