Sundar PichaiSundar Pichai earned $164M in 2023

Vernon J. Nagel has been steering Acuity Brands since 2004 as the Chairman and CEO. His background in finance and accounting, with a Certified Public Accountant license (inactive), gives him a strong foundation for leading a major company. Under his...

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Vernon J. Nagel

Ex-CEO of Acuity Brands

Education

Certified Public Accountant (inactive)

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

January 1, 1958 - 67 years ago

CEO of Acuity Brands for

15 years 4 months (Sep 2004 - Jan 2020)

Previous Experience

Executive Vice President and Chief Financial Officer at Acuity Brands, Inc.

Holdings

See how much did Vernon J. Nagel make over time.

Vernon J. Nagel's holdings in Acuity Brands highlight his significant investment in the company. His insider trading records show fluctuating values, reaching up to $60.38 million by early 2024. Between 2019 and early 2021, the value of his holdings experienced...

Total Stock Sold

$117.83M

AYI

$117.83M

914,574 AYI shares

What if they kept their stock?

If Vernon J. Nagel didn't sell their stock, today they would have:
Extra AYI914,574 shares worth $91.23M.
This is -22.58% and $26.61M less than what they got when they sold the stock.

Charitable Transactions

AYI

160,000 shares

AYI

Recent Charitable Transactions

AYI

160,000 shares

AYI

Dec 5, 2012

Charity

Insider Trading

See recent insider trades of Vernon J. Nagel.

AZEK

$27.50K

AZEK at $41.80/share

Sep 10, 2024

Received

AZEK

$27.54K

AZEK at $45.14/share

Jun 11, 2024

Received

AZEK

3,121 shares

AZEK

Mar 4, 2024

Received

AZEK

210 shares

AZEK

Dec 15, 2023

Received

AZEK

619 shares

AZEK

Dec 11, 2023

Received

AZEK

829 shares

AZEK

Sep 14, 2023

Received

AZEK

899 shares

AZEK

May 23, 2023

Received

AZEK

4,774 shares

AZEK

Feb 28, 2023

Received

AZEK

786 shares

AZEK

Feb 14, 2023

Received

AZEK

1,054 shares

AZEK

Dec 12, 2022

Received

Compensation History

See how much did Vernon J. Nagel make over time.

In 2020, Vernon J. Nagel earned a total of $2.66 million as CEO of Acuity Brands, which included a $1 million salary and a substantial bonus of $1.66 million linked to the company’s performance. His compensation reflects a pay-for-performance model, aimed at motivating his leadership team to drive financial success. In previous years, like 2019, his total compensation was significantly higher at $14.18 million, with bonuses indicative of strong operational metrics and net sales achievements. Despite fluctuations in his earnings, Nagel’s strategy aligns executive pay with company performance, ensuring that the leadership team is rewarded for meeting key business goals, which is crucial in the ever-changing landscape of the business world.

Year

2020

Total Compensation

$2.66M

Salary

$1.00M

Board Justification

The compensation philosophy is aligned with a pay-for-performance model, focusing on rewarding executives based on the achievement of financial and operational performance metrics.

Bonus

$1.66M

Board Justification

The bonus is based on the achievement of financial performance measures including net sales, adjusted operating profit, and free cash flow, as well as individual performance goals for the fiscal year 2020.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonus, and stock options.

Restricted Stock

$0.00(0 Stock Options)

Board Justification

No stock grants vested in 2020 as the focus was on performance-based stock options with price targets that were not met during the year.

Performance Metrics

The performance metrics include net sales, adjusted operating profit, and free cash flow.

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