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William E. Waltz Jr.

President and Chief Executive Officer at Atkore
Board
Since 2018
Age
66 years
Education
Holds an MBA from Northwestern University, a Master of Science in Computer Science from Villanova University, a Bachelor of Science in Industrial Engineering from Pennsylvania State University, and is a graduate of General Electric's Information Systems Management Program.
Tenure
Joined ATKR in 2013, served as Chief Operating Officer and Group President of the Atkore Electrical division, and was promoted to President and Chief Executive Officer in 2018.

Also at Atkore

DSK
Daniel S. Kelly
Vice President, General Counsel, and Corporate Secretary
JWA
James W. Alvey
Vice President and Chief Accounting Officer
JMD
John M. Deitzer
Vice President and Chief Financial Officer

About

William E. Waltz Jr. has built a diverse career that spans significant roles across various leading companies. After starting his career at General Electric and serving as a Deloitte management consultant , he gained extensive industry experience during his 15 years at Pentair plc, where he managed key divisions including serving as President of Pentair Flow Technologies.

Prior to joining ATKR, he honed his leadership skills as Chairman and Chief Executive Officer at Strategic Materials, Inc. from 2009 to 2013. His transition to ATKR in 2013 marked a pivotal moment, as he assumed multiple strategic and operational roles before ascending to the role of President and Chief Executive Officer in 2018.

Beyond his executive responsibilities at ATKR, he contributes to the industry through board roles and leadership positions, including serving as a Director of Quanex Building Products Corporation, a Governor for the National Electrical Manufacturers Association (NEMA), and a board member of the National Association of Electrical Distributors (NAED). His well-rounded background and commitment to the growth of the electrical and infrastructure industries underscore a career defined by progressive leadership and dedicated industry service.

$ATKR Performance Under William E. Waltz Jr.

Past Roles

OrganizationRoleDate RangeDetails
Atkore Inc. Chief Operating Officer N/A (Ended by promotion in 2018) Held before becoming CEO in 2018
Atkore Inc. Group President, Atkore Electrical division N/A (Ended by promotion in 2018) Held before becoming CEO in 2018
Strategic Materials, Inc. Chairman and Chief Executive Officer 2009 - 2013 Left upon joining Atkore in 2013
Pentair plc Various roles including President of Pentair Flow Technologies N/A (15 years tenure) Worked for 15 years
General Electric Company Various roles N/A Began his career here
Deloitte Management Consultant N/A Worked as a management consultant

External Roles

OrganizationRoleDate Range
Quanex Building Products Corporation (NYSE: NX) Director Present
National Electrical Manufacturers Association (NEMA) Governor Present
National Association of Electrical Distributors (NAED) Board Member Present

Fixed Compensation

Data from  FY 2024
Component Name Amount Payment Schedule [N/A]Additional Details
Base Salary$1,100,000Annual4.8% increase from 2023 base salary of $1,050,000
All Other Compensation$125,514AnnualIncludes: Perquisites $8,378, Executive Physical $6,928, Financial Planning Stipend $10,000, Retirement Plan Contributions $10,037, Health Savings Contributions $1,000, Dividend Equivalent Unit Value $89,171

Performance Compensation

Data from  FY 2024

Annual Incentive Plan (AIP) Bonus

Metric Value Weighting Additional Details
Target Bonus Opportunity$1,375,000N/ABase target for annual bonus
Bonus Payout % before Personal Performance Factor61.8%N/APreliminary performance payout rate
Value Earned Based on EBITDA & WCD Performance$850,053N/ABased on performance metrics: Atkore Adjusted EBITDA (80%) and Atkore Working Capital Days (20%)
Personal Performance Factor98%N/AAdjustment factor applied to earned bonus
Final Bonus Earned$833,052N/ANet bonus after applying the personal performance factor

Equity Incentive Awards

Component Metric / Shares / Value Vesting Schedule Additional Details
Performance Stock Units (PSUs)Threshold: 11,907 shares; Target: 23,813 shares; Maximum: 47,626 shares; Grant Date Fair Value: $3,599,418Cliff vest at end of the three-year performance period (2024–2026)Performance based on Adjusted Net Income (50% weight) and Relative TSR (50% weight); no vesting if performance criteria not met
Restricted Stock Units (RSUs)18,382 shares; Grant Date Fair Value: $2,399,954Ratable vesting over three years (one-third each anniversary starting November 13, 2023)Includes Dividend Equivalent Units matching Atkore’s quarterly dividend payments; Grant Date Stock Price: $130.56

The above tables capture the detailed performance compensation components for 2024, including required performance metrics, targets, thresholds, maximums, weights, vesting schedules, evaluation period, and final payout results.