Construction Partners reports 2018 executive compensation

CEO Charles E. Owens receives $1.6M

Construction Partners reported fiscal year 2018 executive compensation information on January 22, 2019.

In 2018, three executives at Construction Partners received on average a compensation package of $1,388,672, a 27% increase compared to previous year.

Average pay of disclosed executives at Construction Partners

Charles E. Owens, Chief Executive Officer, received $1,557,041 in total, which increased by 31% compared to 2017. 68.98% of Owens' compensation, or $1,074,000, was in bonus. Owens also received $450,000 in salary and $33,041 in other compensation.

R. Alan Palmer, Chief Financial Officer, received a compensation package of $1,454,686, which increased by 110% compared to previous year. 57.54% of the compensation package, or $837,000, was in bonus.

F. Julius Smith, III, Senior Vice President, earned $1,154,289 in 2018, a 17% decrease compared to previous year.

Construction Partners' fiscal year ends on September 30.