Steven R. Rowley served as the President and CEO of Eagle Materials from 2003 until his retirement in 2016. Under his leadership, the company experienced significant growth, especially in its cement and gypsum wallboard sectors, effectively doubling the scale of...

Steven R. Rowley served as the President and CEO of Eagle Materials from 2003 until his retirement in 2016. Under his leadership, the company experienced significant growth, especially in its cement and gypsum wallboard sectors, effectively doubling the scale of its cement operations. Rowley played a key role in navigating Eagle Materials through one of the longest down-cycles in the U.S. construction market, leaving the company with a strong balance sheet. He was recognized for his commitment to performance-based compensation, aligning executive pay with company performance. His final total compensation reached approximately $4.5 million in 2016, but this figure was largely due to retirement-related incentives, which included the accelerated vesting of stock options and restricted shares. Rowley also was actively involved in managing Eagle's incentive plans and performance metrics, ensuring the organization operated efficiently and profitably. For his retirement, he entered into a consulting agreement, allowing him to continue contributing to the business during the transition to new leadership.