Thomas Tomlinson served as the CEO of Holley, a well-known company in the automotive aftermarket, from July 2021 until February 2023. With a background in accounting and finance from Liberty University, he initially joined Holley as Chief Financial Officer in...

Thomas Tomlinson served as the CEO of Holley, a well-known company in the automotive aftermarket, from July 2021 until February 2023. With a background in accounting and finance from Liberty University, he initially joined Holley as Chief Financial Officer in 2003. During his time as CEO, he focused on driving growth and expanding the company's market position through strategic acquisitions and product innovation. Tomlinson is passionate about cars and has been into car culture since he was a kid. He played a key role in transforming Holley into a successful and profitable business, significantly increasing its revenues and earnings. His compensation included a total of nearly $10 million in 2021, showcasing the company's commitment to his leadership as they adapted to the competitive landscape of the automotive industry. After retiring in early 2023, he left a legacy of strong growth and a dedicated team behind.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Holley CEOs

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Thomas Tomlinson

Ex-CEO of Holley

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1966 - 59 years ago

CEO of Holley for

1 year 7 months (Jul 2021 - Feb 2023)

Previous Experience

Former CEO of Empower Ltd.

Rivals

Competitors/colleagues of Thomas Tomlinson

Holdings

See how much did Thomas Tomlinson make over time.

As a CEO, Thomas Tomlinson made significant investments in Holley over the years. In 2021, he was granted 200,000 restricted stock units (RSUs) as part of his compensation. By the end of that year, he had 217,793 RSUs worth around...

As a CEO, Thomas Tomlinson made significant investments in Holley over the years. In 2021, he was granted 200,000 restricted stock units (RSUs) as part of his compensation. By the end of that year, he had 217,793 RSUs worth around $461,721, reflecting his commitment to the company and a vested interest in its success. His stock holdings fluctuated as he maneuvered through the performance metrics linked to his pay. However, as of February 2023, at the time of his retirement, he did not hold any stock options as none had vested due to his departure. The stock units demonstrated his belief in Holley’s growth potential during his tenure.

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Insider Trading

See recent insider trades of Thomas Tomlinson.

HLLY

$48.38K

HLLY at $6.45/share

Aug 16, 2022

Purchase

HLLY

84,459 shares

HLLY

Feb 15, 2022

Received

HLLY

200,000 shares

HLLY

Sep 23, 2021

Received

Compensation History

See how much did Thomas Tomlinson make over time.

In 2021, Thomas Tomlinson's total compensation amounted to about $9.79 million, which included a salary of $465,654, a substantial bonus of $454,478, and over $6 million in option awards. His earnings reflected the company's performance, where the bonus was tied to specific targets. While 2022 saw his compensation drop to $171,698 due to no bonuses awarded for missing performance targets, his retirement package in early 2023 included significant severance benefits, highlighting the terms of his prior employment agreement. As he transitioned out, his total compensation effectively illustrated the challenging balance between salary, performance metrics, and long-term stock incentives.

Year

2023

Total Compensation

$511.02K

Salary

$63.08K

Board Justification

Holley's compensation philosophy aims to align executive compensation with company performance and market competitiveness, ensuring retention of key executives.

Bonus

$0.00

Board Justification

No annual cash incentive bonus was awarded for 2023 due to retirement.

Other

$447.94K

Board Justification

This includes severance payments, accrued vacation, and other benefits following retirement.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as Mr. Tomlinson retired before any stock could vest.

Performance Metrics

Performance metrics for 2023 were not applicable as Mr. Tomlinson retired in February 2023.

Other Holley CEOs

Here are other CEOs of Holley

Matthew Stevenson

CEO of Holley

June 2023 - Present