Parsons Management
Management criteria checks 2/4
Parsons' CEO is Carey Smith, appointed in Nov 2019, has a tenure of 4.5 years. total yearly compensation is $18.60M, comprised of 5.3% salary and 94.7% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €11.58M. The average tenure of the management team and the board of directors is 3.3 years and 4.1 years respectively.
Key information
Carey Smith
Chief executive officer
US$18.6m
Total compensation
| CEO salary percentage | 5.3% |
| CEO tenure | 4.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.3yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$28m |
| Dec 31 2023 | US$19m | US$977k | US$161m |
| Sep 30 2023 | n/a | n/a | US$144m |
| Jun 30 2023 | n/a | n/a | US$126m |
| Mar 31 2023 | n/a | n/a | US$102m |
| Dec 31 2022 | US$7m | US$900k | US$97m |
| Sep 30 2022 | n/a | n/a | US$98m |
| Jun 30 2022 | n/a | n/a | US$87m |
| Mar 31 2022 | n/a | n/a | US$76m |
| Dec 31 2021 | US$5m | US$799k | US$64m |
| Sep 30 2021 | n/a | n/a | US$57m |
| Jun 30 2021 | n/a | n/a | US$78m |
| Mar 31 2021 | n/a | n/a | US$95m |
| Dec 31 2020 | US$5m | US$694k | US$99m |
| Sep 30 2020 | n/a | n/a | US$91m |
| Jun 30 2020 | n/a | n/a | US$107m |
| Mar 31 2020 | n/a | n/a | US$124m |
| Dec 31 2019 | US$2m | US$614k | US$121m |
| Sep 30 2019 | n/a | n/a | US$114m |
| Jun 30 2019 | n/a | n/a | US$99m |
| Mar 31 2019 | n/a | n/a | US$207m |
| Dec 31 2018 | US$2m | US$458k | US$222m |
Compensation vs Market: Carey's total compensation ($USD18.60M) is above average for companies of similar size in the German market ($USD3.35M).
Compensation vs Earnings: Carey's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Carey Smith (59 yo)
4.5yrs
Tenure
US$18,596,895
Compensation
Ms. Carey A. Smith has been the Chairwoman of the Board of Parsons Corporation since April 14, 2022. She has been a Director of Parsons Corporation since December 2020 and its Chief executive Officer since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | US$18.60m | 0.15% $ 11.6m | |
| Chief Financial Officer | 1.8yrs | US$2.59m | 0.043% $ 3.3m | |
| Chief Legal Officer & Secretary | 6.6yrs | US$2.31m | 0.059% $ 4.5m | |
| Chief Human Resources Officer | 2.8yrs | US$1.58m | 0.039% $ 3.0m | |
| Chief Business Operations Officer | 3.3yrs | no data | no data | |
| Chief Technology Officer | 3.3yrs | no data | no data | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Chief Communications Officer | 3yrs | no data | no data | |
| President of Infrastructure EMEA | less than a year | no data | no data | |
| Senior Vice President of Talent Acquisition | 4.1yrs | no data | no data | |
| Executive VP of Missile Defense & C5ISR Market Leader | 3.8yrs | no data | no data | |
| Executive Vice President of Space & Geospatial | no data | no data | no data |
3.3yrs
Average Tenure
56.5yo
Average Age
Experienced Management: 59P's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.4yrs | US$18.60m | 0.15% $ 11.6m | |
| Independent Director | 18.3yrs | US$299.99k | 0.0095% $ 722.5k | |
| Lead Independent Director | 11.3yrs | US$348.49k | 0.021% $ 1.6m | |
| Independent Director | 3.9yrs | US$302.28k | 0.027% $ 2.1m | |
| Independent Director | 5.9yrs | US$298.49k | 0.031% $ 2.3m | |
| Independent Director | 13.3yrs | US$311.99k | 0.0039% $ 299.8k | |
| Independent Director | 4.1yrs | US$303.49k | 0.0039% $ 299.8k | |
| Director | 1.8yrs | US$2.89m | 0.29% $ 22.0m | |
| Independent Director | 10.3yrs | US$310.49k | 0.021% $ 1.6m | |
| Member of Federal Strategic Advisory Board | 3.4yrs | no data | no data | |
| Independent Director | 3.9yrs | US$299.99k | 0.013% $ 974.2k | |
| Member of Critical Infrastructure Strategic Advisory Board | 4.2yrs | no data | no data |
4.1yrs
Average Tenure
63.5yo
Average Age
Experienced Board: 59P's board of directors are considered experienced (4.1 years average tenure).