GMS CEO John Turner receives $4.5M in 2020
GMS reports 2020 executive compensation
By ExecPay News
Published: August 27, 2020
GMS reported fiscal year 2020 executive compensation information on August 27, 2020.
In 2020, seven GMS executives received on average a compensation package of $1.5M, a 13% increase compared to previous year.
Average pay of disclosed executives at GMS
John C. Turner, Jr, Chief Executive Officer, received $4.5M in total. 33% of Turner's compensation, or $1.5M, was in option awards. Turner also received $750K in non-equity incentive plan, $750K in salary, $1.5M in stock awards, as well as $48K in other compensation.
For fiscal year 2020, the median employee pay was $57,558 at GMS. Therefore, the ratio of John C. Turner, Jr's pay to the median employee pay was 79 to one.
G. Michael Callahan, Jr, Chief Executive Officer, received a compensation package of $1.7M, which decreased by 45% compared to previous year. 75% of the compensation package, or $1.3M, was in other compensation.
Craig D. Apolinsky, General Counsel, earned $1.3M in 2020, a 14% increase compared to previous year.
Scott M. Deakin, Chief Financial Officer, received $1M in 2020.
Lynn Ross, Chief Financial Officer, earned $887K in 2020, a 65% increase compared to previous year.
Richard Alan Adams, Former Senior Vice President of Operations, received $852K in 2020, which decreases by 24% compared to 2019.
Richard K. Mueller, Chairman, earned $213K in 2020, a 40% decrease compared to previous year.
GMS' fiscal year ends on April 30.
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Source: SEC filing on August 27, 2020.