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Companies Limbach Holdings

Limbach (LMB): executive pay, fiscal 2025

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CEO total pay$2,759,456CEO Michael McCann · source
Say-on-pay support95.82%Latest vote · source
CEO vs. named peers33rd pct.Of 18 peer CEOs
CEO pay ratio46:1To the median employee · source

CEO pay, last three years

  • $2,021,840FY2023
  • $2,816,315FY2024
  • $2,759,456FY2025

CEO total pay was $2,759,456 in fiscal 2025, down from $2,816,315 in fiscal 2024.

FY2025: salary $800,000 · bonus $0 · stock awards $1,192,150 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Limbach Holdings in fiscal 2025?
As disclosed, Michael McCann (President and Chief Executive Officer) was the highest-paid executive at Limbach Holdings in fiscal 2025, with total compensation of $2,759,456.
How does Limbach Holdings's chief executive pay compare to its disclosed peer group?
As disclosed, Michael McCann's total compensation ranked at the 33rd percentile of Limbach Holdings's disclosed peer group.
What is Limbach Holdings's CEO-to-median employee pay ratio?
As disclosed, Limbach Holdings's CEO-to-median employee pay ratio was 46:1.
How did shareholders vote on Limbach Holdings's executive compensation?
As disclosed, 95.82% of shareholders supported Limbach Holdings's executive compensation in the latest say-on-pay vote.
How much does Limbach Holdings spend in total on board compensation for fiscal 2025?
As disclosed, Limbach Holdings reported total board compensation of $865,748 for fiscal 2025.

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 officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Michael McCann$800,000$0$1,192,150$0$741,306$0$26,000$2,759,456
President and Chief Executive Officer
Jayme Brooks526,0000522,6590316,815026,0001,391,474
Executive Vice President and Chief Financial Officer
Jay Sharp487,0000387,1340270,762026,0001,170,896
Executive Vice President, Sales
Nicholas Angerosa416,0000330,6800192,739026,000965,419
Executive Vice President, National Customer Solutions

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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Michael McCann$2,759,456$2,816,315$2,021,840↓ −56,859
Jayme Brooks1,391,4741,526,9401,420,336↓ −135,466
Jay Sharp1,170,8961,273,3241,222,362↓ −102,428
Nicholas Angerosa965,4191,005,409—↓ −39,990

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation program is designed to provide competitive total compensation consistent with job scope and experience, link bonus opportunities to Company performance, and grant equity compensation at competitive levels with a significant portion being performance-based. The philosophy focuses on attracting and retaining talented executives, minimizing turnover, and aligning management's interests with stockholders through pay-for-performance methodologies.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantCAP
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Nicholas AngerosaPSU2025-01-011,2482,495—3,743$223,926
Michael McCannRSU2025-01-01——4,498—384,759
Jay SharpPSU2025-01-011,4612,921—4,382262,160
Jayme BrooksPSU2025-01-011,9723,944—5,916353,974
Michael McCannPSU2025-01-014,4988,996—13,494807,391
Nicholas AngerosaRSU2025-01-01——1,248—106,754
Jayme BrooksRSU2025-01-01——1,972—168,685
Jay SharpRSU2025-01-01——1,461—124,974

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Nicholas Angerosa$106,754$223,926$067.7%
Michael McCann384,759807,391067.7%
Jay Sharp124,974262,160067.7%
Jayme Brooks168,685353,974067.7%

% 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 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jayme BrooksRSU98—$7,629
Nicholas AngerosaRSU788—61,346
Jayme BrooksPSU877—68,274
Michael McCannRSU1,080—84,078
Jay SharpRSU1,242—96,690
Nicholas AngerosaRSU1,248—97,157
Jay SharpRSU1,461—113,739
Nicholas AngerosaRSU1,542—120,045
Nicholas AngerosaRSU1,719—133,824
Jay SharpRSU1,858—144,645
Jay SharpRSU1,952—151,963
Jayme BrooksRSU1,972—153,520
Nicholas AngerosaPSU2,495—194,236
Jayme BrooksRSU2,532—197,116
Jay SharpPSU2,921—227,400
Jayme BrooksPSU3,944—307,040
Jayme BrooksRSU4,440—345,654
Michael McCannRSU4,498—350,169
Michael McCannRSU4,699—365,817
Michael McCannRSU5,255—409,102
Nicholas AngerosaPSU6,936—539,968
Nicholas AngerosaPSU7,090—551,957
Jay SharpPSU8,356—650,515
Michael McCannPSU8,996—700,339
Michael McCannPSU9,720—756,702
Jay SharpPSU11,178—870,207
Jayme BrooksPSU11,394—887,023
Nicholas AngerosaPSU15,469—1,204,262
Jay SharpPSU17,569—1,367,747
Michael McCannPSU23,644—1,840,685
Jayme BrooksPSU39,958—3,110,730
Michael McCannPSU42,288—3,292,121
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Joshua S. HorowitzIndependent · Board Chair · Audit · Compensation$110,000$81,776——$0$191,776
Laurel J. KrzeminskiIndependent · Audit (Chair)100,00081,776——0181,776
Linda G. AlvaradoIndependent · Audit · Nominating and Corporate Governance (Chair)80,00081,776——0161,776
Michael F. McNallyIndependent · Compensation (Chair) · Nominating and Corporate Governance80,00081,776——0161,776
David R. GabouryIndependent · Compensation · Nominating and Corporate Governance60,00081,776——0141,776
Gordon G. PrattIndependent · Departed during FY26,8680——026,868
Michael M. McCannEmployee director—————0
Terence P. DuganIndependent · Compensation · Newly elected——————

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$85,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)40,000 / 20,000 / 20,000
Stock ownership guideline$3

Total cost of the board

ComponentFY2025
Cash retainers and fees$456,868
Equity awards (grant-date value)$408,880
All other compensation$0
Total cost of the board$865,748

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Limbach as a peer

Companies that benchmark against LMB

7 companies name LMB as a compensation peer

Each company listed discloses LMB in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LMB in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies Limbach Holdings names as compensation peers that name it back in their own disclosed peer groups.

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Comfort Systems USA2025Brian Lane$1,250,000$6,249,812—$3,096,125$10,620,815
2CSW Industrials, Inc.2026Joseph Armes925,0004,938,00101,286,9767,273,615
3Enerpac Tool Group Corp.2025Paul Sternlieb929,4234,520,6340951,3326,548,272
4IES Holdings2025Matthew Simmes793,750772,18204,632,0126,203,398
5The Eastern Company2025Denis Sheahan800,0003,371,2970792,0005,069,867
6Bel Fuse Inc.2025Farouq Tuweiq509,7113,299,75101,000,0004,909,182
7Exponent, Inc.2025Catherine Ford Corrigan970,0001,120,164678,51003,736,574
8Willdan Group, Inc.2025Michael Bieber606,2411,827,320003,637,831
9Ameresco2025George Sakellaris1,500,000155,1001,385,99903,339,804
10L.B. Foster Company2025John Kasel790,4171,319,3570654,4002,920,512
11Limbach Holdings2025Michael McCann800,0001,192,1500741,3062,759,456
12Thermon Group Holdings, Inc.2025Bruce Thames715,0351,299,9630543,6202,579,122
13NV5 Global2023Dickerson Wright749,0141,663,424002,447,385
14Bowman Consulting Group, Ltd2025Gary Bowman739,8921,609,784002,404,863
15Orion Group Holdings2025Paul McDowell584,000659,9060746,9362,080,319
16Innovate Corp.2025Paul Voigt500,0001,000,000334,19201,840,192
17Key Tronic Corporation2026Brett Larsen733,846249,99700997,643
—Great Lakes Dredge & Dock——————not in coverage universe

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.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Limbach Holdingsnot disclosedPRSU 67 · RSU 33not disclosedCAP
Ameresco95%not disclosedNoFW Cook
Bel Fuse Inc.Bernstein: 125%; Tuweiq: 125%; Hutkin: 125%; Bittner: 100%; Berry: 75%; Lai: 115%%not disclosedYes — Relative Total Stockholder Return (TSR)Meridian Compensation Partners
Bowman Consulting Group, Ltdnot disclosednot disclosednot disclosedPricewaterhouseCoopers
Comfort Systems USA200%PSU 50 · RSU 50NoWillis Towers Watson
CSW Industrials, Inc.not disclosedPSU 60 · RSU 40not disclosedWTW
Enerpac Tool Group Corp.100.7%PSU 60 · RSU 40NoMercer, LLC
Exponent, Inc.not disclosednot disclosednot disclosedCompensia
Great Lakes Dredge & Docknot disclosednot disclosednot disclosednot disclosed
IES Holdingsnot disclosedPSU 67 · RSU 33NoMercer US, Inc.
Innovate Corp.not disclosednot disclosednot disclosednot disclosed
Key Tronic Corporationnot disclosedPRSU 60 · RSU 40Nonot disclosed
L.B. Foster Companynot disclosedPSU 60 · Restricted Stock 40not disclosedPay Governance
NV5 Globalnot disclosedRSA 100not disclosedMeridian Compensation Partners, LLC
Orion Group Holdingsnot disclosedPSU 60 · RSU 40Yes — absolute TSR performanceFerguson Partners Consulting L.P.
The Eastern Companynot disclosedPSU 60 · RSU 40Yes — Relative Total Shareholder Return (“TSR”) vs. KRX BanksPearl Meyer
Thermon Group Holdings, Inc.76%not disclosedNoMercer
Willdan Group, Inc.not disclosedPRSU 55 · RSU 45not disclosedPearl Meyer

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-099,024,193393,8475,02095.82%Passed
20252025-06-117,954,343200,2934,94697.54%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-06-0995.82%a
20252025-06-1197.54%b

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes, if applicable, will not be counted towards the vote total for Proposal 2, Proposal 3 and Proposal 4, and thus will have no effect on the outcome of such proposals.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of this proposal.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)46 : 1
CEO total compensation—
Median employee compensation—
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (45 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, Michael McCann. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · page 33. As printed: 2,759,456. View filing ↗
  • Section 01, Jayme Brooks. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 1,391,474. View filing ↗
  • Section 01, Jay Sharp. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 1,170,896. View filing ↗
  • Section 01, Nicholas Angerosa. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 965,419. View filing ↗
  • Section 03, Nicholas Angerosa PSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael McCann RSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jay Sharp PSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jayme Brooks PSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Michael McCann PSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Nicholas Angerosa RSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jayme Brooks RSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jay Sharp RSU. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-23. Section “CEO Pay Ratio”. As printed: 46 : 1. View filing ↗
  • Section 08, Joshua S. Horowitz. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 191,776. View filing ↗
  • Section 08, Laurel J. Krzeminski. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 181,776. View filing ↗
  • Section 08, Linda G. Alvarado. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 161,776. View filing ↗
  • Section 08, Michael F. McNally. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 161,776. View filing ↗
  • Section 08, David R. Gaboury. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 141,776. View filing ↗
  • Section 08, Gordon G. Pratt. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 26,868. View filing ↗
  • Section 08, Michael M. McCann. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Terence P. Dugan. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: —. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-11. Item 5.07 · say-on-pay result. As reported: 95.82% (votes for as printed: 9,024,193). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-13. Item 5.07 · say-on-pay result. As reported: 97.54% (votes for as printed: 7,954,343). 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 456,868 + equity 408,880 + all other 0 = 865,748, summed across the director compensation table rows.
  • Comfort Systems USA, Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Comfort Systems USA's own proxy. As printed: 10,620,815. View filing ↗
  • CSW Industrials, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-16. CEO total compensation as printed in CSW Industrials, Inc.'s own proxy. As printed: 7,273,615. View filing ↗
  • Enerpac Tool Group Corp., Section 10b CEO total. DEF 14A, filed 2025-12-22. CEO total compensation as printed in Enerpac Tool Group Corp.'s own proxy. As printed: 6,548,272. View filing ↗
  • IES Holdings, Section 10b CEO total. DEF 14A, filed 2026-01-07. CEO total compensation as printed in IES Holdings's own proxy. As printed: 6,203,398. View filing ↗
  • The Eastern Company, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in The Eastern Company's own proxy. As printed: 5,069,867. View filing ↗
  • Bel Fuse Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Bel Fuse Inc.'s own proxy. As printed: 4,909,182. View filing ↗
  • Exponent, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-20. CEO total compensation as printed in Exponent, Inc.'s own proxy. As printed: 3,736,574. View filing ↗
  • Willdan Group, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Willdan Group, Inc.'s own proxy. As printed: 3,637,831. View filing ↗
  • Ameresco, Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Ameresco's own proxy. As printed: 3,339,804. View filing ↗
  • L.B. Foster Company, Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in L.B. Foster Company's own proxy. As printed: 2,920,512. View filing ↗
  • Limbach Holdings (subject), Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Limbach Holdings's own proxy. As printed: 2,759,456. View filing ↗
  • Thermon Group Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2025-06-18. CEO total compensation as printed in Thermon Group Holdings, Inc.'s own proxy. As printed: 2,579,122. View filing ↗
  • NV5 Global, Section 10b CEO total. DEF 14A, filed 2024-04-29. CEO total compensation as printed in NV5 Global's own proxy. As printed: 2,447,385. View filing ↗
  • Bowman Consulting Group, Ltd, Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Bowman Consulting Group, Ltd's own proxy. As printed: 2,404,863. View filing ↗
  • Orion Group Holdings, Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Orion Group Holdings's own proxy. As printed: 2,080,319. View filing ↗
  • Innovate Corp., Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Innovate Corp.'s own proxy. As printed: 1,840,192. View filing ↗
  • Key Tronic Corporation, Section 10b CEO total. DEF 14A, filed 2026-09-24. CEO total compensation as printed in Key Tronic Corporation's own proxy. As printed: 997,643. View filing ↗
  • Section 10a, Ameresco reciprocity. DEF 14A. Ameresco names Limbach Holdings in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Willdan Group, Inc. reciprocity. DEF 14A. Willdan Group, Inc. names Limbach Holdings in its own disclosed peer group (read from its most recent proxy). View filing ↗
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