Vernon J. Nagel has been steering Acuity Brands since 2004 as the Chairman and CEO. His background in finance and accounting, with a Certified Public Accountant license (inactive), gives him a strong foundation for leading a major company. Under his...
Vernon J. Nagel has been steering Acuity Brands since 2004 as the Chairman and CEO. His background in finance and accounting, with a Certified Public Accountant license (inactive), gives him a strong foundation for leading a major company. Under his leadership, Acuity Brands has focused on performance-based incentives, aligning executive pay with company success. For instance, his total compensation in 2020 was $2.66 million, which included a hefty bonus tied to financial performance measures. Nagel's insider trading activity shows he has significant stakes in the company, with values ranging from $18.97 million to $30.63 million during the pandemic, indicating solid confidence in Acuity's direction. Notably, he joined Acuity in 2001 as Executive Vice President and CFO, showcasing a long-standing commitment to the firm. Through financial ups and downs, he has consistently pushed for improvement and innovation in a competitive market.