Thomas V. Taylor has been the CEO of Floor & Decor Holdings, Inc. since February 2011. With a Bachelor’s degree in Business Administration, Taylor has built a noteworthy career. Under his leadership, Floor & Decor has grown significantly, including a...

Number of Employees

12.78K

Year

2023

Total Compensation

$19.71M

Salary

$1.06M

Board Justification

The compensation philosophy aims to attract and retain top talent, align executive compensation with performance, and ensure a significant portion of pay is at risk based on company performance.

Bonus

$0.00

Board Justification

No annual cash incentive bonus was paid for Fiscal 2023 due to performance metrics not being met.

Other

$752.38K

Board Justification

Other compensation includes employer-paid group term life insurance, 401(k) matching contributions, and costs incurred under the Company’s aircraft policy for business-related travel.

Restricted Stock

$17.90M(196.67K RSU)

Board Justification

The stock awards that vested in 2023 were based on prior grants, including restricted stock units (RSUs) and performance stock units (PSUs) that met vesting criteria.

Performance Metrics

Performance metrics for the annual cash incentive were based on targeted net sales and operating income, which were not achieved.

SEC Filing

From March 19, 2024

Thomas V. Taylor

Ex-CEO of Floor & Decor

TV

Education

Bachelor's degree in Business Administration from a recognized university.

Field of Expertise

Business & Management

Born

January 15, 1963 - 62 years ago

Is Founder?

No

Tenure

13 years 0 months (Feb 2011 - Feb 2024)

Previous Experience

President of Floor and Decor Holdings, Inc. since 2011.