GMS CEO G Callahan's 2019 pay jumps 166% to $3.2M
GMS reports 2019 executive compensation
By ExecPay News
Published: August 27, 2019
GMS reported fiscal year 2019 executive compensation information on August 27, 2019.
In 2019, six GMS executives received on average a compensation package of $1.3M, a 89% increase compared to previous year.
Average pay of disclosed executives at GMS
G. Michael Callahan, Jr, Chief Executive Officer, received $3.2M in total, which increased by 166% compared to 2018. 31% of Callahan's compensation, or $1M, was in option awards. Callahan also received $392K in non-equity incentive plan, $773K in salary, $1M in stock awards, as well as $30K in other compensation.
For fiscal year 2019, the median employee pay was $58,859 at GMS. Therefore, the ratio of G. Michael Callahan, Jr's pay to the median employee pay was 54 to one.
H. Douglas Goforth, Chief Financial Officer, received a compensation package of $1.7M, which increased by 227% compared to previous year. 29% of the compensation package, or $496K, was in other compensation.
Richard Alan Adams, Senior Vice President of Operations, earned $1.1M in 2019, a 131% increase compared to previous year.
Craig D. Apolinsky, General Counsel, received $1.1M in 2019, which increases by 55% compared to 2018.
Lynn Ross, Chief Financial Officer, earned $537K in 2019.
Richard K. Mueller, Chairman, received $355K in 2019, which decreases by 42% compared to 2018.
GMS' fiscal year ends on April 30.
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Source: SEC filing on August 27, 2019.