Companies H&E Equipment Services
H&E Equipment Services (HEES): executive pay, fiscal 2023
Free brief. Every figure links to the company’s own filing.
H&E Equipment Services no longer files a proxy statement; its last pay data is FY2023.
CEO pay, last three years
- $5,334,813FY2022
- $6,295,836FY2023
CEO total pay was $6,295,836 in fiscal 2023, up from $5,334,813 in fiscal 2022.
FY2023: salary $907,692 · bonus $1,684,487 · stock awards $3,599,924 · option awards $0
Executives and directors
Bradley W. Barber · CEOJohn M. Engquist · ExecutiveJohn McDowell Engquist · PresidentLeslie S. Magee · CFOBruce C. Bruckmann · Independent DirectorGary W. Bagley · Lead Independent DirectorJacob Thomas · Independent DirectorLawrence C. Karlson · Independent DirectorMary P. Thompson · Independent DirectorPatrick L. Edsell · Independent DirectorPaul N. Arnold · Independent DirectorSuzanne H. Wood · Independent DirectorThomas J. Galligan III · Independent Director
Frequently asked questions
Who was the highest-paid executive at H&E Equipment Services in fiscal 2023?
As disclosed, Bradley W. Barber (Chief Executive Officer and Director) was the highest-paid executive at H&E Equipment Services in fiscal 2023, with total compensation of $6,295,836.
What is H&E Equipment Services's CEO-to-median employee pay ratio?
As disclosed, H&E Equipment Services's CEO-to-median employee pay ratio was 83:1.
How much does H&E Equipment Services spend in total on board compensation for fiscal 2023?
As disclosed, H&E Equipment Services reported total board compensation of $1,705,374 for fiscal 2023.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Bradley W. Barber | $907,692 | $1,684,487 | $3,599,924 | $0 | — | $0 | $103,733 | $6,295,836 |
| Chief Executive Officer and Director | ||||||||
| John M. Engquist | 893,000 | 1,542,817 | 1,190,938 | 0 | 0 | 0 | 89,962 | 3,716,717 |
| Executive Chairman of the Board | ||||||||
| Leslie S. Magee | 523,712 | 634,317 | 794,914 | 0 | — | 0 | 50,209 | 2,003,152 |
| Chief Financial Officer and Secretary | ||||||||
| John McDowell Engquist | 503,077 | 653,063 | 609,970 | 0 | — | 0 | 44,847 | 1,810,957 |
| Chief Operating Officer and President | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| Bradley W. Barber | $6,295,836 | $5,334,813 | — | ↑ +961,023 |
| John M. Engquist | 3,716,717 | 4,665,925 | — | ↓ −949,208 |
| Leslie S. Magee | 2,003,152 | 2,397,581 | — | ↓ −394,429 |
| John McDowell Engquist | 1,810,957 | 4,665,925 | — | ↓ −2,854,968 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2023
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| John M. Engquist | RSU | 2023-08-01 | — | — | 9,806 | — | $476,375 |
| John McDowell | RSU | 2023-08-01 | — | — | 4,800 | — | 233,184 |
| Leslie S. Magee | RSU | 2023-08-01 | — | — | 6,545 | — | 317,956 |
| John M. Engquist | PSU | 2023-08-01 | 2,942 | 14,709 | — | 29,418 | 714,563 |
| Bradley W. Barber | RSU | 2023-08-01 | — | — | 34,993 | — | 1,699,960 |
| Bradley W. Barber | PSU | 2023-08-01 | 7,822 | 39,110 | — | 78,220 | 1,899,964 |
| Leslie S. Magee | PSU | 2023-08-01 | 1,964 | 9,818 | — | 19,636 | 476,958 |
| John McDowell | PSU | 2023-08-01 | 1,551 | 7,756 | — | 15,512 | 376,786 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| John M. Engquist | $476,375 | $714,563 | $0 | 60.0% |
| John McDowell | 233,184 | 376,786 | 0 | 61.8% |
| Leslie S. Magee | 317,956 | 476,958 | 0 | 60.0% |
| Bradley W. Barber | 1,699,960 | 1,899,964 | 0 | 52.8% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2023
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| John M. Engquist | RSU | 1,991 | — | $104,169 |
| Leslie S. Magee | RSU | 2,860 | — | 149,635 |
| John M. Engquist | RSU | 4,667 | — | 244,177 |
| John M. Engquist | RSU | 4,800 | — | 251,136 |
| Bradley W. Barber | RSU | 5,266 | — | 275,517 |
| Leslie S. Magee | RSU | 6,545 | — | 342,434 |
| John M. Engquist | PSU | 7,756 | — | 405,794 |
| John M. Engquist | PSU | 8,956 | — | 468,578 |
| John M. Engquist | RSU | 9,384 | — | 490,971 |
| John M. Engquist | RSU | 9,806 | — | 513,050 |
| Leslie S. Magee | PSU | 9,818 | — | 513,678 |
| John M. Engquist | PSU | 10,539 | — | 551,400 |
| Leslie S. Magee | RSU | 12,438 | — | 650,756 |
| Leslie S. Magee | PSU | 12,870 | — | 673,358 |
| Leslie S. Magee | PSU | 13,180 | — | 689,578 |
| John M. Engquist | PSU | 14,709 | — | 769,575 |
| John M. Engquist | RSU | 20,827 | — | 1,089,669 |
| John M. Engquist | PSU | 20,999 | — | 1,098,668 |
| John M. Engquist | PSU | 21,654 | — | 1,132,937 |
| Bradley W. Barber | PSU | 23,696 | — | 1,239,775 |
| Bradley W. Barber | RSU | 29,940 | — | 1,566,461 |
| Bradley W. Barber | PSU | 31,454 | — | 1,645,673 |
| Bradley W. Barber | RSU | 34,993 | — | 1,830,834 |
| Bradley W. Barber | PSU | 39,110 | — | 2,046,235 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Patrick L. EdsellIndependent · Audit (Chair) · Compensation | $120,000 | $95,012 | $0 | $0 | $0 | $215,012 |
| Paul N. ArnoldIndependent · Compensation (Chair) · ESG | 115,000 | 95,012 | 0 | 0 | 0 | 210,012 |
| Bruce C. BruckmannIndependent · Corporate Governance and Nominating · Finance (Chair) | 110,000 | 95,012 | 0 | 0 | 0 | 205,012 |
| Thomas J. Galligan IIIIndependent · Audit · Compensation · ESG (Chair) | 110,000 | 95,012 | 0 | 0 | 0 | 205,012 |
| Mary P. ThompsonIndependent · Audit · Corporate Governance and Nominating (Chair) | 110,000 | 95,012 | 0 | 0 | 0 | 205,012 |
| Lawrence C. KarlsonIndependent · Compensation · Corporate Governance and Nominating | 100,000 | 95,012 | 0 | 0 | 0 | 195,012 |
| Gary W. BagleyIndependent · Lead Independent Director · ESG · Finance | 100,000 | 95,012 | 0 | 0 | 0 | 195,012 |
| Jacob ThomasIndependent · Corporate Governance and Nominating | 100,000 | 95,012 | 0 | 0 | 0 | 195,012 |
| Suzanne H. WoodIndependent · Audit · Newly elected | 80,278 | — | 0 | 0 | 0 | 80,278 |
| John M. EngquistEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Bradley W. BarberEmployee director | 0 | 0 | 0 | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $95,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $945,278 |
| Equity awards (grant-date value) | $760,096 |
| All other compensation | $0 |
| Total cost of the board | $1,705,374 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names H&E Equipment Services as a peer
Companies that benchmark against HEES
13 companies name HEES as a compensation peer
The list of companies that name HEES as a peer is temporarily unavailable — recheck shortly.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | H&E Equipment Services | 2023 | Bradley W. Barber | $907,692 | $3,599,924 | $0 | — | $6,295,836 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 83 : 1 |
|---|---|
| CEO total compensation | $6,295,836 |
| Median employee compensation | — |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (28 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Bradley W. Barber. DEF 14A, filed 2024-04-02. Section “SUMMARY COMPENSATION TABLE” · page 28. As printed: 6,295,836. View filing ↗
- Section 01, John M. Engquist. DEF 14A, filed 2024-04-02. Section “SUMMARY COMPENSATION TABLE” · page 28. As printed: 3,716,717. View filing ↗
- Section 01, Leslie S. Magee. DEF 14A, filed 2024-04-02. Section “SUMMARY COMPENSATION TABLE” · page 28. As printed: 2,003,152. View filing ↗
- Section 01, John McDowell Engquist. DEF 14A, filed 2024-04-02. Section “SUMMARY COMPENSATION TABLE” · page 28. As printed: 1,810,957. View filing ↗
- Section 03, John M. Engquist RSU. DEF 14A, filed 2024-04-02. Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. View filing ↗
- Section 03, John McDowell RSU. DEF 14A, filed 2024-04-02. Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. View filing ↗
- Section 03, Leslie S. Magee RSU. DEF 14A, filed 2024-04-02. Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. View filing ↗
- Section 03, John M. Engquist PSU. DEF 14A, filed 2024-04-02. Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. View filing ↗
- Section 03, Bradley W. Barber RSU. DEF 14A, filed 2024-04-02. Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. View filing ↗
- Section 03, Bradley W. Barber PSU. DEF 14A, filed 2024-04-02. Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. View filing ↗
- Section 03, Leslie S. Magee PSU. DEF 14A, filed 2024-04-02. Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. View filing ↗
- Section 03, John McDowell PSU. DEF 14A, filed 2024-04-02. Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2024-04-02. Section “CEO Pay Ratio”. As printed: 83 : 1. View filing ↗
- Section 08, Patrick L. Edsell. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 215,012. View filing ↗
- Section 08, Paul N. Arnold. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 210,012. View filing ↗
- Section 08, Bruce C. Bruckmann. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 205,012. View filing ↗
- Section 08, Thomas J. Galligan III. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 205,012. View filing ↗
- Section 08, Mary P. Thompson. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 205,012. View filing ↗
- Section 08, Lawrence C. Karlson. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 195,012. View filing ↗
- Section 08, Gary W. Bagley. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 195,012. View filing ↗
- Section 08, Jacob Thomas. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 195,012. View filing ↗
- Section 08, Suzanne H. Wood. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 80,278. View filing ↗
- Section 08, John M. Engquist. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Bradley W. Barber. DEF 14A, filed 2024-04-02. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 945,278 + equity 760,096 + all other 0 = 1,705,374, summed across the director compensation table rows.
- H&E Equipment Services (subject), Section 10b CEO total. DEF 14A, filed 2024-04-02. CEO total compensation as printed in H&E Equipment Services's own proxy. As printed: 6,295,836. View filing ↗