Sign in

Mark Skonieczny

President and Chief Executive Officer at REV Group
Since May 2023
Age
55 years
Education
Holds a bachelor's degree in accounting from Michigan State University.
Tenure
Joined REV Group, Inc. in June 2020 as Chief Financial Officer, served as Interim CEO from January to May 2023, and has been the President and Chief Executive Officer since May 2023.

Also at REV Group

AC
Amy Campbell
Senior Vice President and Chief Financial Officer
JL
Joseph LaDue
Vice President, Corporate Controller, and Chief Accounting Officer
SZ
Stephen Zamansky
Senior Vice President, General Counsel, and Secretary

About

Mark Skonieczny began his career as a certified public accountant with Coopers & Lybrand in 1991 and developed his expertise through various finance roles at Johnson Controls Inc. from 1999 to 2016. His experience during this time laid a strong foundation in financial management and operational oversight.

He further honed his leadership skills at Adient PLC where, from 2016 through 2019, he served as Vice President and Corporate Controller and managed global financial responsibilities for the seating business. This role showcased his ability to manage complex financial operations and contribute to corporate strategic objectives.

After joining REV Group, Inc. as Chief Financial Officer in June 2020, he swiftly advanced within the organization. Serving as Interim CEO from January to May 2023 and then taking on the role of President and Chief Executive Officer in May 2023, his progression reflects his significant contributions to the company’s financial strategy and leadership.

$REVG Performance Under Mark Skonieczny

Past Roles

OrganizationRoleDate RangeDetails
REV Group, Inc.Chief Financial Officer (CFO) June 2020 - April 2024 Served as CFO prior to his appointment as President and CEO
REV Group, Inc.Interim Chief Executive Officer (CEO) January 2023 - May 2023 Served as Interim CEO before permanent appointment as President and CEO
Adient PLCVice President and Corporate Controller 2016 - 2019 Also served as Vice President of Finance for the Global Seating Business
Johnson Controls Inc.Vice President of Corporate Development; Vice President of Finance – Power Solutions Business; Vice President of Finance – Building Efficiency 1999 - 2016 Held multiple executive roles during his tenure
Coopers & LybrandCertified Public Accountant 1991 Start of career in accounting

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary$900,000 AnnuallyFixed salary for fiscal year 2024
Company Matching Contributions$13,800 Annually401(k) matching contributions for fiscal year 2024

Performance Compensation

Data from  FY 2024

Annual Cash Incentive Program (MIP)

Metric [Unit/Scale]Target / Threshold2024 Actual / Payout FactorAdditional Details
Adjusted EBITDA [USD millions]$155 million (Target) Achieved 105% of target Minimum 90% required for any incentive payout
Average NWC as % of Sales [%]10.9% (Target) Achieved 95% of target Minimum 75% required for any incentive payout
Incentive Target (as % of Base Salary)120% $1,080,000 Derived from base salary $900,000
Final Payout FactorN/A115% discretionary adjustment Leads to a final payout of $1,242,000
Maximum Payout200% of incentive target$2,160,000 (if >20% over targets) Cap on incentive payout

Long-Term Incentive Plan (LTIP)

  • Award Amount: 100% of base salary
  • Grant Date: December 8, 2023
  • Grant Date Fair Value: $2,842,611
  • Vesting Schedule: 25% per year over four years
  • Performance Metrics: No specific performance metrics provided

Restricted Stock Awards (Equity Awards)

  • Grant Date: December 8, 2023
  • Number of Shares Granted: 173,860 shares
  • Grant Date Fair Value: $2,842,611
  • Vesting Schedule: Four equal installments on December 31, 2024, 2025, 2026, and 2027
  • Performance Metrics: Vesting is based on time rather than performance conditions