Terry D. McNew has been the driving force behind MasterCraft Boat Holdings, Inc. as its CEO since 2012. With a B.S. in Industrial Management from the University of Cincinnati, he brings over 30 years of experience in the boating industry....

Number of Employees

1.06K

Year

2019

Total Compensation

$1.27M

Salary

$500.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance, peer benchmarking, and retention strategies.

Bonus

$0.00

Board Justification

Mr. McNew was not eligible for the 2020 STIP due to his resignation in October 2019.

Other

$17.53K

Board Justification

Other compensation includes spousal airfare travel, life insurance premiums, matching contributions to the 401(k) plan, and imputed income for boat usage.

Restricted Stock

$750.00K(75K RSU)

Board Justification

The stock awards granted to Mr. McNew that vested in 2019 are valued at $750,000, reflecting the fair value at the time of vesting.

Performance Metrics

Performance metrics include revenue, Adjusted EBITDA, Adjusted EBITDA Margin, and Strategic Metrics.

SEC Filing

From September 17, 2020

Terry D. McNew

Ex-CEO of MasterCraft Boat Holdings, Inc.

TD

Education

B.S. in Industrial Management from the University of Cincinnati

Field of Expertise

Business & Management

Born

March 15, 1965 - 59 years ago

Is Founder?

No

Tenure

7 years 3 months (Jul 2012 - Oct 2019)

Previous Experience

Various leadership roles at Brunswick Corporation