Thomas W. Hill served as the President and CEO of Summit Materials from March 2015 until his departure in September 2020. During his tenure, he played a significant role in navigating the company through periods of growth and transformation, including...

Current Market Cap

$8.49B

Number of Employees

5.3K

Total Compensation

2016 - 2020

Trending down by -46.34% last year
Showing total compensation for the last 2016 - 2020

Stock

Down by -100.00% last year

Salary

Up by 0.00% last year

Bonus

Down by -100.00% last year

Other

Up by 6673.98% last year

Year

2020

Total Compensation

$2.56M

Salary

$900.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, focusing on long-term value creation.

Bonus

$0.00

Board Justification

No annual cash bonus was awarded for 2020 as the performance metrics were not met.

Other

$1.66M

Board Justification

This includes the cash severance payment and other benefits provided under the Transition Agreement after Mr. Hill's resignation as CEO.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2020 as the performance units resulted in a payout equal to 0% of target due to below-threshold performance metrics.

Performance Metrics

Performance metrics for 2020 included Adjusted EBITDA, Operating Cash Flows, Safety, and Personal Objectives.

SEC Filing

From April 5, 2021