Matrix Service: Pay

Matrix Service paid its 6 named executives $10.3M in total in FY2025 (Jun). CEO John R. Hewitt was paid $3.1M of that.

Pay$100 in the stock at the end of FY20 → $234
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

John R. HewittChief Executive Officer
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
FY2022 (Jun)Not disclosed
FY2021 (Jun)Not disclosed
5 years
Alan R. UpdykeFormer Chief Operating Officer
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
FY2022 (Jun)Not disclosed
FY2021 (Jun)Not disclosed
5 years
Glyn A. RodgersFormer President—Matrix PDM Engineering
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
FY2022 (Jun)Not disclosed
FY2021 (Jun)Not disclosed
5 years
Kevin S. CavanahChief Financial Officer
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
FY2022 (Jun)Not disclosed
FY2021 (Jun)Not disclosed
5 years
Douglas J. MontalbanoPresident—Matrix North American Construction
FY2024 (Jun)Not disclosed
1 year
Shawn P. PaynePresident—Engineering & Construction
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
3 years
Nancy E. AustinChief Administrative Officer
FY2025 (Jun)
FY2024 (Jun)Not disclosed
FY2023 (Jun)Not disclosed
3 years

CEO pay against the pay peers

In FY2025 (Jun), the median CEO pay of the 7 peers with pay on file was $8.1M. The CEO of Matrix Service was paid $3.1M, 62% below the median.

  1. 1Granite Construction
  2. 2Archrock
  3. 3Sterling Infrastructure
  4. 4Arcosa
  5. 5Myr Group
  6. 6Matrix Service
  7. 7Limbach Holdings
  8. 8Argan
  9. 9Babcock & Wilcox Enterprises Inc.Not disclosed
  10. 10Concrete Pumping Holdings Inc.Not disclosed
  11. 11Great Lakes Dredge and Dock CorporationNot disclosed
  12. 12IES Holdings Inc.Not disclosed
  13. 13Mistras Group Inc.Not disclosed
  14. 14NV5 Global Inc.Not disclosed
  15. 15Newpark Resources Inc.Not disclosed
  16. 16Northwest Pipe CompanyNot disclosed
  17. 17Orion Group HoldingsNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.