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 $12.47M. 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
Should You Be Adding Parsons (NYSE:PSN) To Your Watchlist Today?
Apr 22
Parsons Corporation: Impressive Recent Performance Means Lucrative Future
Apr 11Is Parsons (NYSE:PSN) Using Too Much Debt?
Mar 21Parsons Corporation (NYSE:PSN) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Mar 05Parsons: The Stock Is Not Cheap Enough Yet
Feb 28Why Parsons Corporation (NYSE:PSN) Could Be Worth Watching
Feb 05Parsons (NYSE:PSN) May Have Issues Allocating Its Capital
Jan 19Getting In Cheap On Parsons Corporation (NYSE:PSN) Might Be Difficult
Jan 04Here's Why Parsons (NYSE:PSN) Has Caught The Eye Of Investors
Dec 15Is Parsons Corporation (NYSE:PSN) Trading At A 39% Discount?
Nov 30Parsons Corporation: Upside Still Not Very Attractive
Nov 17Does Parsons (NYSE:PSN) Have A Healthy Balance Sheet?
Oct 25Parsons: 2023 Is Working Out So Far
Oct 15Should You Think About Buying Parsons Corporation (NYSE:PSN) Now?
Oct 10The Returns On Capital At Parsons (NYSE:PSN) Don't Inspire Confidence
Sep 22We Ran A Stock Scan For Earnings Growth And Parsons (NYSE:PSN) Passed With Ease
Sep 07Parsons Corporation's (NYSE:PSN) Intrinsic Value Is Potentially 49% Above Its Share Price
Aug 22Parsons: Performance Is Good But Valuation Is Expensive
Aug 11Parsons (NYSE:PSN) Seems To Use Debt Rather Sparingly
Jul 26Is Now The Time To Look At Buying Parsons Corporation (NYSE:PSN)?
Jul 07Here's What's Concerning About Parsons' (NYSE:PSN) Returns On Capital
Jun 22Parsons Corporation: Getting Incrementally Positive If Momentum Continues
Jun 07Parsons Corporation (NYSE:PSN) Shares Could Be 30% Below Their Intrinsic Value Estimate
May 10Parsons (NYSE:PSN) Seems To Use Debt Rather Sparingly
Apr 26Parsons (NYSE:PSN) Might Be Having Difficulty Using Its Capital Effectively
Mar 09Parsons selected by U.S. CYBERCOM for military cyberspace operations
Feb 22Parsons Q4 2022 Earnings Preview
Feb 14Parsons gets contract amended on Canada's Giant Mine
Feb 08Parsons selected to work on Saudi Arabia's ambitious Line project
Feb 01We Think Parsons (NYSE:PSN) Can Manage Its Debt With Ease
Jan 26Is Parsons Corporation (NYSE:PSN) Trading At A 31% Discount?
Jan 10Parsons' unit clinches $79.5M order to upkeep USAF security systems
Jan 09Parsons: Not Very Defensive
Dec 29Parsons bags $95M global NAVFAC contract to plan US Navy infrastructure
Dec 15Is It Too Late To Consider Buying Parsons Corporation (NYSE:PSN)?
Dec 15Here's What's Concerning About Parsons' (NYSE:PSN) Returns On Capital
Dec 01Parsons bags $28M order to investigate PFAS impact at Army National Guard facilities
Nov 07Parsons Q3 2022 Earnings Preview
Nov 01Parsons team wins $16M contract to support POES operations
Oct 19Is Parsons (NYSE:PSN) Using Too Much Debt?
Oct 17Parsons Corporation (NYSE:PSN) Shares Could Be 50% Below Their Intrinsic Value Estimate
Oct 04Parsons secures a $104M contract from the Missile Defense Agency
Sep 28Parsons secures U.S. army chemical and biological defense IDIQ contract
Sep 20The Returns On Capital At Parsons (NYSE:PSN) Don't Inspire Confidence
Sep 01Is It Time To Consider Buying Parsons Corporation (NYSE:PSN)?
Aug 19Parsons Q2 2022 Earnings Preview
Aug 02Parsons promotes Matt Ofilos to CFO
Jul 25Does Parsons (NYSE:PSN) Have A Healthy Balance Sheet?
Jun 24Parsons: Getting In Defense Mode
May 29Is Now The Time To Look At Buying Parsons Corporation (NYSE:PSN)?
May 17Are Investors Undervaluing Parsons Corporation (NYSE:PSN) By 45%?
Apr 14CEO 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 US market ($USD8.39M).
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% $ 12.5m | |
| Chief Financial Officer | 1.8yrs | US$2.59m | 0.043% $ 3.6m | |
| Chief Legal Officer & Secretary | 6.6yrs | US$2.31m | 0.059% $ 4.8m | |
| Chief Human Resources Officer | 2.8yrs | US$1.58m | 0.039% $ 3.2m | |
| 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: PSN'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% $ 12.5m | |
| Independent Director | 18.3yrs | US$299.99k | 0.0095% $ 778.0k | |
| Lead Independent Director | 11.3yrs | US$348.49k | 0.021% $ 1.7m | |
| Independent Director | 3.9yrs | US$302.28k | 0.027% $ 2.2m | |
| Independent Director | 5.9yrs | US$298.49k | 0.031% $ 2.5m | |
| Independent Director | 13.3yrs | US$311.99k | 0.0039% $ 322.9k | |
| Independent Director | 4.1yrs | US$303.49k | 0.0039% $ 322.9k | |
| Director | 1.8yrs | US$2.89m | 0.29% $ 23.7m | |
| Independent Director | 10.3yrs | US$310.49k | 0.021% $ 1.7m | |
| Member of Federal Strategic Advisory Board | 3.4yrs | no data | no data | |
| Independent Director | 3.9yrs | US$299.99k | 0.013% $ 1.0m | |
| Member of Critical Infrastructure Strategic Advisory Board | 4.2yrs | no data | no data |
4.1yrs
Average Tenure
63.5yo
Average Age
Experienced Board: PSN's board of directors are considered experienced (4.1 years average tenure).