Comfort Systems USA Management

Management criteria checks 3/4

Comfort Systems USA's CEO is Brian Lane, appointed in Mar 2010, has a tenure of 14.08 years. total yearly compensation is $6.64M, comprised of 15.1% salary and 84.9% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth €60.44M. The average tenure of the management team and the board of directors is 9.7 years and 11.3 years respectively.

Key information

Brian Lane

Chief executive officer

US$6.6m

Total compensation

CEO salary percentage	15.1%
CEO tenure	14.1yrs
CEO ownership	0.6%
Management average tenure	9.7yrs
Board average tenure	11.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brian Lane's remuneration changed compared to Comfort Systems USA's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$363m
Dec 31 2023	US$7m	US$1m	US$323m
Sep 30 2023	n/a	n/a	US$287m
Jun 30 2023	n/a	n/a	US$244m
Mar 31 2023	n/a	n/a	US$216m
Dec 31 2022	US$5m	US$871k	US$246m
Sep 30 2022	n/a	n/a	US$228m
Jun 30 2022	n/a	n/a	US$213m
Mar 31 2022	n/a	n/a	US$204m
Dec 31 2021	US$5m	US$792k	US$143m
Sep 30 2021	n/a	n/a	US$149m
Jun 30 2021	n/a	n/a	US$152m
Mar 31 2021	n/a	n/a	US$159m
Dec 31 2020	US$4m	US$765k	US$150m
Sep 30 2020	n/a	n/a	US$141m
Jun 30 2020	n/a	n/a	US$127m
Mar 31 2020	n/a	n/a	US$112m
Dec 31 2019	US$3m	US$740k	US$114m
Sep 30 2019	n/a	n/a	US$105m
Jun 30 2019	n/a	n/a	US$108m
Mar 31 2019	n/a	n/a	US$116m
Dec 31 2018	US$3m	US$715k	US$113m
Sep 30 2018	n/a	n/a	US$95m
Jun 30 2018	n/a	n/a	US$79m
Mar 31 2018	n/a	n/a	US$64m
Dec 31 2017	US$2m	US$670k	US$55m

Compensation vs Market: Brian's total compensation ($USD6.64M) is about average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: Brian's compensation has increased by more than 20% in the past year.

CEO

Brian Lane (66 yo)

14.1yrs

Tenure

US$6,635,459

Compensation

Mr. Brian E. Lane has been the Chief Executive Officer of Comfort Systems USA Inc. since December 2011 and has been its President since March 30, 2010. Mr. Lane served as the Chief Operating Officer and Ex...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Brian Lane	CEO, President & Director	14.1yrs	US$6.64m	0.60% $ 60.4m
William George	Executive VP & CFO	18.9yrs	US$7.99m	0.083% $ 8.3m
Trent McKenna	Executive VP & COO	5.3yrs	US$2.20m	0.055% $ 5.5m
Julie Shaeff	Senior VP & Chief Accounting Officer	18.9yrs	US$1.23m	0.048% $ 4.8m
Laura Howell	Senior VP	5.3yrs	US$1.48m	0.014% $ 1.4m
Terrence Reed	Senior VP & Chief Human Resources Officer	3.1yrs	no data	0.0060% $ 600.8k
R. Tillison	Regional President	no data	no data	no data
John Eberhardt	Senior Vice President of Service	no data	no data	no data
Brian Evans	Regional President	no data	no data	no data
Briston Blair	Senior Vice President of Innovation & Strategy	no data	no data	no data
Joseph Nichter	President of Comfort Systems USA Southwest	no data	no data	no data
Michael Goldberg	VP & Corporate Controller	no data	no data	no data

9.7yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 9CF's management team is seasoned and experienced (9.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Brian Lane	CEO, President & Director	13.4yrs	US$6.64m	0.60% $ 60.4m
Franklin Myers	Independent Chairman	18.9yrs	US$339.98k	0.33% $ 33.2m
Herman Bulls	Independent Director	23.2yrs	US$239.98k	0.11% $ 11.5m
Darcy Anderson	Independent Director	16.1yrs	US$239.98k	0.12% $ 12.3m
Vance Tang	Independent Director	11.3yrs	US$259.98k	0.036% $ 3.6m
William Sandbrook	Independent Director	6yrs	US$239.98k	0.037% $ 3.7m
Pablo Mercado	Independent Director	5.4yrs	US$269.98k	0.031% $ 3.1m
Constance Skidmore	Independent Director	11.3yrs	US$259.98k	0.039% $ 3.9m
Cindy Wallis-Lage	Independent Director	2.9yrs	US$239.98k	0.014% $ 1.4m
Rhoman Hardy	Independent Director	less than a year	US$119.41k	0.0036% $ 362.1k

11.3yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 9CF's board of directors are seasoned and experienced ( 11.3 years average tenure).

Comfort Systems USA Management

Management criteria checks 3/4

Key information

Recent management updates

Comfort Systems USA, Inc., Annual General Meeting, May 17, 2024

Independent Director recently sold €2.6m worth of stock

Independent Director recently sold €864k worth of stock

Independent Director recently sold €395k worth of stock

Comfort Systems Usa, Inc. Announces Appointment of Rhoman J. Hardy to Its Board of Directors

Independent Director recently sold €1.3m worth of stock

Recent updates

First quarter dividend of US$0.30 announced

Comfort Systems USA, Inc. Increases Quarterly Dividend, Payable on May 24, 2024

First quarter 2024 earnings released: EPS: US$2.70 (vs US$1.60 in 1Q 2023)

Comfort Systems USA, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Comfort Systems USA, Inc., Annual General Meeting, May 17, 2024

Independent Director recently sold €2.6m worth of stock

Upcoming dividend of US$0.25 per share

Fourth quarter dividend of US$0.25 announced

Now 24% overvalued after recent price rise

Full year 2023 earnings released: EPS: US$9.03 (vs US$6.85 in FY 2022)

Comfort Systems USA, Inc. Declares Quarterly Dividend, Payable on March 19, 2024

Comfort Systems USA, Inc. to Report Q4, 2023 Results on Feb 22, 2024

Comfort Systems USA, Inc. (NYSE:FIX) completed the acquisition of J & S Mechanical Contractors, Inc.

Comfort Systems USA, Inc. entered into a definitive agreement to acquire Summit Industrial Construction, LLC.

Independent Director recently sold €864k worth of stock

Upcoming dividend of US$0.25 per share at 0.5% yield

Independent Director recently sold €395k worth of stock

Investor sentiment improves as stock rises 17%

Comfort Systems USA, Inc. Increases Quarterly Dividend, Payable on November 27, 2023

Third quarter 2023 earnings released: EPS: US$2.94 (vs US$1.72 in 3Q 2022)

Comfort Systems USA, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Comfort Systems Usa, Inc. Announces Appointment of Rhoman J. Hardy to Its Board of Directors

Independent Director recently sold €1.3m worth of stock

CEO, President & Director recently sold €6.7m worth of stock

Senior VP & Chief Accounting Officer recently sold €873k worth of stock

Upcoming dividend of US$0.23 per share at 0.4% yield

Comfort Systems USA, Inc. Declares Quarterly Dividend, Payable on August 28, 2023

Second quarter 2023 earnings released: EPS: US$1.94 (vs US$1.17 in 2Q 2022)

Comfort Systems USA, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.20 per share at 0.5% yield

First quarter 2023 earnings released: EPS: US$1.60 (vs US$2.41 in 1Q 2022)

Upcoming dividend of US$0.17 per share at 0.5% yield

Investor sentiment improves as stock rises 19%

Full year 2022 earnings released: EPS: US$6.85 (vs US$3.95 in FY 2021)

Comfort Systems USA, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Now 21% undervalued

Insufficient new directors

Upcoming dividend of US$0.15 per share

Independent Director recently sold €1.2m worth of stock

Comfort Systems USA, Inc. Provides Revenue Guidance for the Fourth Quarter of 2022

Third quarter 2022 earnings released: EPS: US$1.72 (vs US$1.28 in 3Q 2021)

Comfort Systems USA, Inc. Declares Quarterly Dividend, Payable on November 28, 2022

Comfort Systems USA, Inc. to Report Q3, 2022 Results on Oct 26, 2022

Independent Director recently sold €801k worth of stock

Upcoming dividend of US$0.14 per share

Investor sentiment improved over the past week

Independent Director recently sold €246k worth of stock

Second quarter 2022 earnings released: EPS: US$1.17 (vs US$0.91 in 2Q 2021)

Comfort Systems USA, Inc. Declares Quarterly Dividend, Payable on August 29, 2022

Comfort Systems USA, Inc. to Report Q2, 2022 Results on Jul 27, 2022

Investor sentiment deteriorated over the past week

Independent Director recently sold €161k worth of stock

Upcoming dividend of US$0.14 per share

First quarter 2022 earnings released: EPS: US$2.41 (vs US$0.73 in 1Q 2021)

Comfort Systems USA, Inc. Declares Quarterly Dividend, Payable on May 27, 2022

Insufficient new directors

Comfort Systems USA, Inc. to Report Q1, 2022 Results on Apr 27, 2022

Comfort Systems USA, Inc., Annual General Meeting, May 17, 2022

Comfort Systems USA, Inc. (NYSE : FIX) acquired Atlantic Electric, LLC.

Upcoming dividend of US$0.13 per share

Comfort Systems USA, Inc. Provides Earnings Guidance for the First Quarter of 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Comfort Systems USA, Inc. Declares Quarterly Dividend, Payable on March 22, 2022

Comfort Systems USA, Inc. to Report Q4, 2021 Results on Feb 23, 2022

Comfort Systems USA, Inc. (NYSE:FIX) acquired Kodiak Labor Solutions, LLC.

Insufficient new directors

Comfort Systems USA, Inc. (NYSE:FIX) entered into an agreement to acquire Clima Solutions Ltd.

Insufficient new directors

Independent Director recently sold €175k worth of stock