J. Thomas Hill
Also at Vulcan Materials Co
About
J. Thomas Hill is a seasoned executive currently serving as the Chairman and CEO of VMC at the age of 65.
With a career spanning over three decades at the company, he has taken on a variety of key leadership roles that demonstrate his expertise and profound impact on the organization. His progressive climb through the ranks—from operational roles in regional divisions to executive positions—highlights his dedication and strategic vision in steering the company through various phases of growth.
Beyond his impressive corporate trajectory, he has also played a significant role in industry leadership by contributing to several trade associations and community organizations. His involvement with groups such as the Texas Concrete and Aggregates Association and the National Stone, Sand and Gravel Association underscores his commitment to advancing industry standards and community engagement.
$VMC Performance Under J. Thomas Hill
Past Roles
Organization | Role | Date Range | Details |
---|---|---|---|
Vulcan Materials Company (VMC) | President | July 2014 - September 2023 | Held before becoming Chairman and CEO |
Vulcan Materials Company (VMC) | Executive Vice President and Chief Operating Officer | January 2014 - July 2014 | Held before becoming CEO |
Vulcan Materials Company (VMC) | Senior Vice President—South Region | December 2011 - December 2013 | N/A |
Vulcan Materials Company (VMC) | President, Florida Rock Division | September 2010 - December 2011 | N/A |
Vulcan Materials Company (VMC) | President, Southwest Division | N/A | Served before other leadership positions |
Vulcan Materials Company (VMC) | Various Operations and General Management Assignments | N/A | Over his 30+ years at the company with increasing responsibilities |
External Roles
Organization | Role | Date Range [N/A] |
---|---|---|
Regions Financial Corporation | Directorship | N/A |
Fixed Compensation
Component Name | Amount | Payment Schedule | Additional Details |
---|---|---|---|
Salary | $1,235,000 | Annual | Base salary for 2023. |
All Other Compensation | $485,718 | Annual | Includes $37,000 for Perquisites and Personal Benefits and $448,718 for Company Contributions to Defined Contribution Plans. |
Performance Compensation
Performance Share Units (PSUs)
Metric [unit] | Value/Details |
---|---|
Performance Metrics | 50% Total Shareholder Return (TSR) relative to the S&P 500 <br>50% Growth Rate of Aggregates Cash Gross Profit per ton averaged over the three-year period |
Target Units | 26,820 shares |
Threshold Units | 0 shares |
Maximum Units | 53,640 shares |
Payout Range | 0% to 200% based on performance |
Weight | 50% for TSR and 50% for Aggregates Cash Gross Profit per ton |
Vesting Schedule | Vesting occurs on December 31, 2025; accelerated upon death, disability, or change of control |
Evaluation Period | Three-year period ending December 31, 2025 |
Grant Date | February 21, 2023 |
Grant Date Fair Value | $175.46 per unit |
Grant Date Stock Price | $180.52 |