Summit Materials CEO Thomas Hill's 2019 pay jumps 46% to $6.8M

Summit Materials reports 2019 executive compensation

By ExecPay News

Published: April 3, 2020

Summit Materials reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, six executives at Summit Materials received on average a compensation package of $2.5M, a 8% increase compared to previous year.
Average pay of disclosed executives at Summit Materials
Thomas W. Hill, Chief Executive Officer, received $6.8M in total, which increased by 46% compared to 2018. 67% of Hill's compensation, or $4.6M, was in stock awards. Hill also received $1.3M in non-equity incentive plan, $900K in salary, as well as $24K in other compensation.
For fiscal year 2019, the median employee pay was $61,969 at Summit Materials. Therefore, the ratio of Thomas W. Hill's pay to the median employee pay was 110 to one.
Brian J. Harris, Chief Financial Officer, received a compensation package of $2.3M, which increased by 10% compared to previous year. 55% of the compensation package, or $1.3M, was in stock awards.
Michael J. Brady, Executive Vice President, Chief Business Development Officer, earned $1.7M in 2019, a 36% increase compared to previous year.
Karl H. Watson, Jr, Chief Operating Officer, received $1.5M in 2019, which decreases by 41% compared to 2018.
Anne Lee Benedict, Chief Legal Officer, earned $1.4M in 2019.
M. Shane Evans, Executive Vice President, West Division President, received $1.4M in 2019, which increases by 30% compared to 2018.
Summit Materials' fiscal year ends on January 1.

Related executives

Thomas Hill

Summit Materials

Chief Executive Officer

Brian Harris

Summit Materials

Chief Financial Officer

Michael Brady

Summit Materials

Executive Vice President, Chief Business Development Officer

Anne Benedict

Summit Materials

Chief Legal Officer

M Evans

Summit Materials

Executive Vice President, West Division President

Karl Watson

Summit Materials

Chief Operating Officer

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Source: SEC filing on April 3, 2020.