Brian E. Lane has been the CEO of Comfort Systems USA since December 29, 2011. Before stepping into this role, he spent several years at the company, joining as Vice President back in October 2003. His journey in the construction...

Brian E. Lane has been the CEO of Comfort Systems USA since December 29, 2011. Before stepping into this role, he spent several years at the company, joining as Vice President back in October 2003. His journey in the construction and engineering field began long before that; he worked at Halliburton for 15 years, where he held various positions, including Regional Director for Europe and Africa. Lane holds a Bachelor's in Chemistry from the University of Notre Dame and an MBA from Boston College. Under his leadership, Comfort Systems has noticeably improved. For instance, his total compensation was $1.63 million in 2012, significantly higher than his 2011 package of about $599,703. He aligns his compensation with company performance, meaning when the company does well, so does he. Notably, Lane has displayed a consistent commitment to his growth strategy, pushing Comfort Systems into new areas. His insider trading activity has varied, peaking at an impressive $77.46 million in value by May 2024, reflecting strong confidence in the company's direction. Lane's analytical mindset and strategic approach make him a key player in the industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Comfort Systems USA CEOs

C

Brian E. Lane

Ex-CEO of Comfort Systems USA

Education

Bachelor's degree in Chemistry from the University of Notre Dame and an MBA from Boston College

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1972 - 53 years ago

CEO of Comfort Systems USA for

11 years 8 months (Dec 2011 - Sep 2023)

Previous Experience

Executive Vice President and Chief Operating Officer at Comfort Systems USA, Inc.

Rivals

Competitors/colleagues of Brian E. Lane

E

Craig Arnold

CEO of Eaton Corporation

2023 Compensation

Stock

$18.84M

Salary

$1.44M

Bonus

$0.00

Other

$234.61K

Total Holdings

$23.28M

E

Anthony J. Guzzi

CEO of EMCOR Group

2023 Compensation

Stock

$2.70M

Salary

$1.24M

Bonus

$0.00

Other

$159.27K

Total Holdings

$98.76M

A

Richard Adam Norwitt

CEO of Amphenol

2023 Compensation

Stock

$9.10M

Salary

$1.46M

Bonus

$0.00

Other

$382.12K

Total Holdings

$117.28M

Q

Earl C. Austin, Jr.

CEO of Quanta Services

2023 Compensation

Stock

$30.40M

Salary

$1.29M

Bonus

$2.45M

Other

$321.33K

Total Holdings

$181.16M

H

Gerben W. Bakker

CEO of Hubbell

2022 Compensation

Stock

$1.18M

Salary

$1.03M

Bonus

$0.00

Other

$283.94K

Total Holdings

$25.05M

P

Thomas McCormick

CEO of Primoris Services

2023 Compensation

Stock

$703.03K

Salary

$900.00K

Bonus

$717.72K

Other

$145.74K

Total Holdings

$3.91M

Holdings

See how much did Brian E. Lane make over time.

Brian E. Lane's stock holdings in Comfort Systems USA have seen significant fluctuations over the years. His investments peaked at an astonishing $77.46 million in May 2024, showcasing strong growth from earlier amounts that fluctuated between $9.55 million to $21.90...

Brian E. Lane's stock holdings in Comfort Systems USA have seen significant fluctuations over the years. His investments peaked at an astonishing $77.46 million in May 2024, showcasing strong growth from earlier amounts that fluctuated between $9.55 million to $21.90 million in the late 2019 to early 2021 period. After this period, his wealth has seen consistent increases with notable spikes in value, particularly in late-2022 and early-2023, indicating his successful navigation of the market and effective company performance. As of October 2023, his holdings are still substantial, reflecting his significant confidence in the company’s future potential.

Total Stock Sold

$38.30M

FIX

$38.30M

437,403 FIX shares

What if they kept their stock?

If Brian E. Lane didn't sell their stock, today they would have:
Extra FIX437,403 shares worth $17.96M.
This is -53.1% and $20.34M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Brian E. Lane.

FIX

$4.94M

FIX at $329.55/share

Aug 14, 2024

Sale

FIX

14,732 shares

FIX

Mar 20, 2024

Received

FIX

$4.99M

FIX at $312.13/share

Mar 1, 2024

Sale

FIX

$7.29M

FIX at $182.22/share

Aug 28, 2023

Sale

FIX

25,071 shares

FIX

Mar 21, 2023

Received

FIX

$1.09M

FIX at $106.99/share

Aug 16, 2022

Sale

FIX

31,129 shares

FIX

Mar 23, 2022

Received

FIX

$3.05M

FIX at $92.65/share

Nov 1, 2021

Sale

FIX

$2.21M

FIX at $84.91/share

May 4, 2021

Sale

FIX

$3.12M

FIX at $74.36/share

Mar 10, 2021

Sale

Compensation History

See how much did Brian E. Lane make over time.

Brian E. Lane's compensation has been structured to directly reflect the performance of Comfort Systems USA. In 2012, his total compensation reached about $1.63 million. This included a base salary of $500,000, performance-based stock awards valued at approximately $524,996, and about $374,000 in other benefits. His pay package has strategic components linked to the company’s success metrics like EPS, providing incentives for Lane to push for better results. This aligns him firmly with the interests of shareholders. Notable in his compensation history is the sharp rise from 2011, where he earned a total of $599,703, indicating a successful pivot in strategy under his leadership. He showcases a pattern of tying his financial rewards closely to the overall health and profitability of the company.

Year

2012

Total Compensation

$1.40M

Salary

$500.00K

Board Justification

The compensation philosophy is to align executive compensation with company performance, using a combination of salary, annual incentives, and long-term incentives to attract and retain talent while promoting shareholder value.

Bonus

$0.00

Board Justification

Incentive compensation based on performance criteria, with a target of 72% of 90% of the annual base salary and 100% of 10% of the annual base salary for 2012.

Other

$374.00K

Board Justification

Includes 401(k) match, executive disability, group term life, and fitness reimbursement.

Restricted Stock

$525.00K(525K RSU)

Board Justification

Value of stock that vested in 2012, including performance stock units and restricted stock units.

Performance Metrics

The performance metrics include achieving budgeted operating income, cash flow, and earnings per share (EPS) targets.

Other Comfort Systems USA CEOs

Here are other CEOs of Comfort Systems USA

William F. Murdy

Ex-CEO of Comfort Systems USA

March 2005 - December 2011

Trent T. McKenna

CEO of Comfort Systems USA

September 2023 - Present