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Peter M. Jackson

President & Chief Executive Officer at Builders FirstSource
Board
Since November 6, 2024
Age
52 years
Education
Holds an MBA from Rensselaer Polytechnic Institute and a B.S. from Bryant University.
Tenure
Joined in 2016 as Senior Vice President and Chief Financial Officer, promoted in January 2021 to Executive Vice President and Chief Financial Officer, and advanced to President & Chief Executive Officer effective November 6, 2024.

Also at Builders FirstSource

ABM
Amy B. Messersmith
Chief People Officer
MT
Matt Trester
Principal Accounting Officer
MAF
Michael A. Farmer
President – Commercial Operations

About

Peter M. Jackson has developed a solid foundation in finance and leadership over nearly 30 years, underpinned by early career roles at organizations such as SPX Corporation, General Electric, Lennox International, and Gerber Scientific. His credentials as a certified public accountant and completion of General Electric’s Experienced Financial Leadership program exemplify his robust analytical and strategic capabilities.

In his career prior to joining the company, he held significant roles that focused on financial oversight, mergers and acquisitions, and strategic planning. His positions at Lennox International—ranging from Vice President and CFO of its Refrigeration Segment to responsibilities in financial planning and analysis—helped him fine-tune a skill set that spans various facets of financial management and operational strategy.

Since joining the company in 2016, he has steadily ascended through critical leadership roles, significantly impacting capital allocation, digital transformation, and business intelligence initiatives. As he transitioned into the role of President & Chief Executive Officer effective November 6, 2024, his career at the company has been recognized for steering strategic growth and fostering innovation in a highly competitive industry.

$BLDR Performance Under Peter M. Jackson

Past Roles

OrganizationRoleDate RangeDetails
Builders FirstSource (BLDR) Executive Vice President and Chief Financial Officer January 2021 - November 2024 Promoted to President & Chief Executive Officer on November 6, 2024
Builders FirstSource (BLDR) Senior Vice President and Chief Financial Officer November 2016 - January 2021 Oversaw capital allocation, M&A, digital transformation, and business intelligence platform
Lennox International, Inc. Vice President and CFO of Refrigeration Segment July 2014 - November 2016 Also held roles: VP, Finance – Financial Planning and Analysis and M&A and VP and CFO of Residential Heating and Cooling Segment
SPX Corporation Financial Leadership Positions N/AHeld multiple financial leadership positions
General Electric Financial Leadership Positions N/AHeld multiple financial leadership positions; Graduate of GE’s Experienced Financial Leadership program
Gerber Scientific Financial Leadership Positions N/AHeld financial leadership positions

Fixed Compensation

Data from  FY 2023
Component NameAmount ($)Payment ScheduleAdditional Details
Base Salary685,785 AnnualFixed base salary for 2023
Employer Contributions to 401(k) Plan9,900 AnnualFixed employer contribution for retirement benefits

Performance Compensation

Data from  FY 2023

Non-Equity Incentive Plan Compensation

MetricWeightingThresholdTargetMaximumAchievementPayout (% of Target Bonus)Additional Details
Corporate Adjusted EBITDA70%$1.46B $1.83B $2.20B $2.9B 140% Metrics based on financial performance
Working Capital as % of Sales15%12.6% 10.5% 8.4% 9.2% 24.59% Incentivizes operational efficiency
Safety Goal10%2.21 RIR 1.99 RIR 1.79 RIR 1.54 RIR 20% Reflects commitment to safety, 30% improvement from prior year
RIC Training5%N/A85% 100% 99.8% 9.98% Training of team members
Sustainability ModifierAdditional 5%N/AN/AN/AAchieved 5% CSR report and disclosures fulfilled
  • Overall Target Bonus Opportunity: 100% of base salary ($679,291)
  • Total Payout Earned: 199.6% resulting in $1,355,658
  • Vesting Schedule: No vesting; cash-based annual incentive awarded post fiscal year finalization

Equity Incentive Plan Awards

ComponentMetric / DetailValueAdditional Details
Performance MetricsBased on ROIC (annual: 2023, 2024, 2025; cumulative 2023-2025)See conditions below ROIC targets defined in 2023 AOP
Payout ScaleThreshold (50% payout)For 2023: Up to a 15% reduction from target For 2024/2025: Prior year actual performance
Target (100% payout)For 2023: Achieving the 2023 ROIC target For 2024/2025: Prior year performance + 15%
Maximum (200% payout)For 2023: 40% improvement over target For 2024/2025: 40% improvement over prior year
ModifierTotal Shareholder Return (TSR) modifier-10% adjustment if bottom 25% percentile; +10% if top 25% percentile Market-based adjustment
Awards – PSUsThreshold1,060 shares Cliff vesting on March 15, 2026
Target9,430 shares Performance conditions apply
Maximum20,746 shares
Awards – RSUsTotal Shares9,430 shares Vest over three equal annual installments: March 15 (2024, 2025, 2026)
Grant DetailsGrant DateMarch 15, 2023
Grant Date Fair Value (PSUs)$789,763
Grant Date Fair Value (RSUs)$749,968
Grant Date Stock PriceDetermined by closing price (RSUs) and Monte Carlo (PSUs)
  • Evaluation Period: Annual performance evaluation for 2023, with impact extending to future periods
  • Conditions: Service condition (continued employment), performance targets based on ROIC, and adjustment via TSR modifier