Primoris Services Corporation

NasdaqGS:PRIM Stock Report

Mkt Cap: US$1.4b

Primoris Services Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Tom McCormick (60 yo)

3.5yrs

Tenure

US$3,446,638

Compensation

Mr. Thomas E. McCormick, also known as Tom, has been the Chief Executive Officer and President of Primoris Services Corporation since November 4, 2019 and April 1, 2019 respectively and serves as its Direc...


CEO Compensation Analysis

How has Tom McCormick's remuneration changed compared to Primoris Services's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

US$121m

Jun 30 2022n/an/a

US$122m

Mar 31 2022n/an/a

US$108m

Dec 31 2021US$3mUS$737k

US$116m

Sep 30 2021n/an/a

US$118m

Jun 30 2021n/an/a

US$118m

Mar 31 2021n/an/a

US$115m

Dec 31 2020US$2mUS$653k

US$105m

Sep 30 2020n/an/a

US$100m

Jun 30 2020n/an/a

US$92m

Mar 31 2020n/an/a

US$77m

Dec 31 2019US$1mUS$594k

US$82m

Sep 30 2019n/an/a

US$88m

Jun 30 2019n/an/a

US$85m

Mar 31 2019n/an/a

US$79m

Dec 31 2018US$1mUS$560k

US$77m

Sep 30 2018n/an/a

US$68m

Jun 30 2018n/an/a

US$56m

Mar 31 2018n/an/a

US$65m

Dec 31 2017US$1mUS$539k

US$72m

Sep 30 2017n/an/a

US$64m

Jun 30 2017n/an/a

US$48m

Mar 31 2017n/an/a

US$32m

Dec 31 2016US$3mUS$384k

US$27m

Compensation vs Market: Tom's total compensation ($USD3.45M) is below average for companies of similar size in the US market ($USD5.31M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Thomas McCormick
CEO, President & Director3.83yrsUS$3.45m0.14%
$ 2.0m
Kenneth Dodgen
Executive VP & CFO4.25yrsUS$1.66m0.044%
$ 618.8k
John Moreno
Executive VP & COO3.83yrsUS$2.00m0.023%
$ 325.6k
John Perisich
Executive VP9.75yrsUS$1.78m0.29%
$ 4.1m
Travis Stricker
Chief Accounting Officer & Senior VP of Finance4.33yrsno data0.017%
$ 234.6k
Blake Holcomb
Vice President of Investor Relationsno datano datano data
Rhonda Anderson
Chief Human Resources Officer0.083yrno datano data
Timothy Healy
President of Energy & Renewables - West4.42yrsUS$648.93kno data
Jeremy Kinch
Segment President of Energy & Renewables3.08yrsno datano data
Stephen Jones
President of Primoris Renewable Energy0.75yrno datano data
Ryan Palazzo
Segment President of Pipeline Services0.42yrno datano data

3.8yrs

Average Tenure

56yo

Average Age

Experienced Management: PRIM's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas McCormick
CEO, President & Director3.5yrsUS$3.45m0.14%
$ 2.0m
Terry McCallister
Independent Director2.58yrsUS$204.19k0.039%
$ 542.3k
Carla Mashinski
Independent Director3.92yrsUS$207.94k0.033%
$ 462.9k
John Schauerman
Independent Director6.25yrsUS$207.94k0.59%
$ 8.2m
Stephen Cook
Independent Lead Director14.58yrsUS$212.94k0.042%
$ 588.3k
Patricia Wagner
Independent Director2.58yrsUS$204.19k0.020%
$ 280.2k
Eng Ching
Independent Director0.75yrno data0.0055%
$ 77.0k
David King
Non-Executive Chairman7.75yrsUS$370.44k0.077%
$ 1.1m
Jose Rodriguez
Independent Director1.75yrsUS$95.03k0.014%
$ 191.0k

3.5yrs

Average Tenure

62yo

Average Age

Experienced Board: PRIM's board of directors are considered experienced (3.5 years average tenure).