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Companies NV5 Global

NV5 Global (NVEE): executive pay, fiscal 2023

Free brief. Every figure links to the company’s own filing.

NV5 Global no longer files a proxy statement; its last pay data is FY2023.

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CEO total pay$2,447,385CEO Dickerson Wright · source

CEO pay, last three years

  • $2,202,971FY2021
  • $2,591,538FY2022
  • $2,447,385FY2023

CEO total pay was $2,447,385 in fiscal 2023, down from $2,591,538 in fiscal 2022.

FY2023: salary $749,014 · bonus $0 · stock awards $1,663,424 · option awards $0

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Dickerson Wright$749,014$0$1,663,424$0$0$0$34,947$2,447,385
Chief Executive Officer and Chairman
Alexander Hockman475,0100388,97900015,710879,699
Chief Operating Officer and President
Edward Codispoti396,5400401,4000007,428805,368
Chief Financial Officer
Richard Tong372,3110288,6290002,790663,730
Executive Vice President and General Counsel
Donald Alford354,9940301,0500002,472658,516
Executive Vice 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 officerFY2023 totalFY2022 totalFY2021 totalΔ FY2022→2023
Dickerson Wright$2,447,385$2,591,538$2,202,971↓ −144,153
Alexander Hockman879,699898,991756,897↓ −19,292
Edward Codispoti805,368787,077622,413↑ +18,291
Richard Tong663,730691,666608,263↓ −27,936
Donald Alford658,516686,871611,656↓ −28,355

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

NV5 strives to reflect a fundamental 'pay-for-performance' culture, aiming to attract and retain qualified executives, align their interests with the long-term success of the Company, and reward growth in business and total shareholder returns. The program is designed to be competitive yet straightforward, rewarding both company and individual performance while discouraging short-term opportunism.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Richard TongRSU8,707—$967,522
Donald AlfordRSU8,786—976,300
Edward CodispotiRSU10,419—1,157,759
Alexander HockmanRSU10,638—1,182,095
Dickerson WrightRSU48,473—5,386,320
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
François TardanIndependent · Audit Committee$60,000$148,875$0$0$0$208,875
William D. PruittIndependent · Lead Independent Director · Audit Committee (Chair) · Compensation Committee · Nominating and Governance Committee60,000148,875000208,875
Denise DickinsIndependent · Audit Committee · Compensation Committee (Chair) · Nominating and Governance Committee60,000148,875000208,875
Brian C. FreckmannIndependent · Compensation Committee · Nominating and Governance Committee60,000148,875000208,875
Laurie ConnerIndependent · Compensation Committee · Nominating and Governance Committee (Chair) · Departed during FY60,000148,875000208,875

Board fee structure and ownership guideline

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

Total cost of the board

ComponentFY2023
Cash retainers and fees$300,000
Equity awards (grant-date value)$744,375
All other compensation$0
Total cost of the board$1,044,375

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

Peer group, and who names NV5 Global as a peer

Companies that benchmark against NVEE

7 companies name NVEE as a compensation peer

Each company listed discloses NVEE 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 NVEE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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
1NV5 Global2023Dickerson Wright$749,014$1,663,424$0$0$2,447,385

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.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (13 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, Dickerson Wright. DEF 14A, filed 2024-04-29. Section “Summary Compensation Table” · page 27. As printed: 2,447,385. View filing ↗
  • Section 01, Alexander Hockman. DEF 14A, filed 2024-04-29. Section “Summary Compensation Table” · page 27. As printed: 879,699. View filing ↗
  • Section 01, Edward Codispoti. DEF 14A, filed 2024-04-29. Section “Summary Compensation Table” · page 27. As printed: 805,368. View filing ↗
  • Section 01, Richard Tong. DEF 14A, filed 2024-04-29. Section “Summary Compensation Table” · page 27. As printed: 663,730. View filing ↗
  • Section 01, Donald Alford. DEF 14A, filed 2024-04-29. Section “Summary Compensation Table” · page 27. As printed: 658,516. View filing ↗
  • Section 08, François Tardan. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 208,875. View filing ↗
  • Section 08, William D. Pruitt. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 208,875. View filing ↗
  • Section 08, Denise Dickins. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 208,875. View filing ↗
  • Section 08, Brian C. Freckmann. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 208,875. View filing ↗
  • Section 08, Laurie Conner. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 208,875. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 300,000 + equity 744,375 + all other 0 = 1,044,375, summed across the director compensation table rows.
  • NV5 Global (subject), 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 ↗