CompBrief BY VELARION

Companies Masonite International Corp

Masonite International (MSON): executive pay, fiscal 2023

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

Masonite International Corp no longer files a proxy statement; its last pay data is FY2023.

All products and prices

CEO total pay$7,035,842CEO Howard Heckes · source
CEO vs. named peers54th pct.Of 15 peer CEOs
CEO pay ratio151:1To the median employee · source

CEO pay, last three years

  • $4,897,217FY2021
  • $7,897,414FY2022
  • $7,035,842FY2023

CEO total pay was $7,035,842 in fiscal 2023, down from $7,897,414 in fiscal 2022.

FY2023: salary $971,539 · bonus $886,500 · stock awards $3,734,910 · option awards $414,995

Frequently asked questions

Who was the highest-paid executive at Masonite International Corp in fiscal 2023?
As disclosed, Howard Heckes (President and Chief Executive Officer) was the highest-paid executive at Masonite International Corp in fiscal 2023, with total compensation of $7,035,842.
How does Masonite International Corp's chief executive pay compare to its disclosed peer group?
As disclosed, Howard Heckes's total compensation ranked at the 54th percentile of Masonite International Corp's disclosed peer group.
What is Masonite International Corp's CEO-to-median employee pay ratio?
As disclosed, Masonite International Corp's CEO-to-median employee pay ratio was 151:1.
How much does Masonite International Corp spend in total on board compensation for fiscal 2023?
As disclosed, Masonite International Corp reported total board compensation of $1,891,264 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 officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Howard Heckes$971,539$886,500$3,734,910$414,995$994,062$0$33,836$7,035,842
President and Chief Executive Officer
Russell Tiejema574,231326,250899,95699,997365,835025,6492,291,918
Executive Vice President and Chief Financial Officer
Christopher Ball570,19273,485809,98789,981376,697023,4521,943,794
President, Global Residential
Randal White494,231243,750494,96254,974273,325025,2221,586,464
Senior Vice President, Global Operations and Supply Chain
Robert Paxton469,231236,422539,90359,998239,685025,3561,570,595
Senior Vice President, Human Resources

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
Howard Heckes$7,035,842$7,897,414$4,897,217↓ −861,572
Russell Tiejema2,291,9183,362,6671,599,082↓ −1,070,749
Christopher Ball1,943,7943,062,680457,588↓ −1,118,886
Randal White1,586,4642,304,2791,144,316↓ −717,815
Robert Paxton1,570,5952,281,8551,079,727↓ −711,260

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 executive compensation program is based on a 'pay for performance' philosophy designed to attract, engage, and retain high-caliber talent, reward performance, and align the interests of executives with those of shareholders. The program provides competitive base salaries, annual cash incentive bonuses, and a combination of performance-based and time-based equity awards to focus on delivering short- and long-term results.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Christopher BallPSU2023-02-273,0346,068—12,136$539,991
Christopher BallRSU2023-02-27——3,034—269,996
Howard HeckesPSU2023-02-2713,99027,980—55,9602,489,940
Howard HeckesRSU2023-02-27——13,990—1,244,970
Howard HeckesSAR2023-02-27——12,720—414,995
Robert PaxtonPSU2023-02-272,0234,045—8,090359,965
Robert PaxtonRSU2023-02-27——2,022—179,938
Russell TiejemaPSU2023-02-273,3716,742—13,484599,971
Christopher BallSAR2023-02-27——2,758—89,981
Robert PaxtonSAR2023-02-27——1,839—59,998
Russell TiejemaRSU2023-02-27——3,371—299,985
Russell TiejemaSAR2023-02-27——3,065—99,997
Randal WhitePSU2023-02-271,8543,708—7,416329,975
Randal WhiteRSU2023-02-27——1,854—164,987
Randal WhiteSAR2023-02-27——1,685—54,974

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Christopher Ball$269,996$539,991$89,98160.0%
Howard Heckes1,244,9702,489,940414,99560.0%
Robert Paxton179,938359,96559,99860.0%
Russell Tiejema299,985599,97199,99760.0%
Randal White164,987329,97554,97460.0%

% 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

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Robert PaxtonOption566108—
Randal WhiteOption600108—
Russell TiejemaOption954108—
Randal WhiteOption1,39089—
Robert PaxtonOption1,39089—
Randal WhiteOption1,68589—
Robert PaxtonPSU1,736—146,970
Randal WhitePSU1,839—155,690
Robert PaxtonOption1,83989—
Christopher BallOption2,08589—
Russell TiejemaOption2,27489—
Christopher BallOption2,75889—
Russell TiejemaPSU2,926—247,715
Russell TiejemaOption3,06589—
Randal WhiteRSU3,571—302,321
Randal WhitePSU3,708—313,919
Robert PaxtonRSU3,713—314,343
Randal WhitePSU3,724—315,274
Robert PaxtonPSU3,724—315,274
Howard HeckesOption3,935108—
Robert PaxtonPSU4,045—342,450
Christopher BallPSU5,586—472,911
Christopher BallRSU5,611—475,027
Christopher BallPSU6,068—513,717
Russell TiejemaPSU6,094—515,918
Russell TiejemaRSU6,159—521,421
Russell TiejemaPSU6,742—570,778
Howard HeckesOption8,59189—
Christopher BallPSU11,323—958,605
Randal WhitePSU11,323—958,605
Robert PaxtonPSU11,323—958,605
Howard HeckesPSU12,078—1,022,523
Howard HeckesOption12,72089—
Russell TiejemaPSU16,985—1,437,950
Howard HeckesPSU23,022—1,949,043
Howard HeckesRSU24,782—2,098,044
Howard HeckesPSU27,980—2,368,787
Howard HeckesPSU28,309—2,396,640
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Robert J. ByrneIndependent · Board Chair$170,000$160,000———$330,000
Jonathan F. FosterIndependent · Audit (Chair)120,000110,000———230,000
Jody L. BilneyIndependent · Sustainability and Governance (Chair)117,500110,000———227,500
Francis M. ScriccoIndependent · Human Resources and Compensation (Chair)117,500110,000———227,500
Jay I. SteinfeldIndependent100,000110,000———210,000
Peter R. DachowskiIndependent · Human Resources and Compensation100,000110,000———210,000
Daphne E. JonesIndependent100,000110,000———210,000
Barry A. RuffaloIndependent · Human Resources and Compensation100,000110,000———210,000
William S. OesterleIndependent · Not standing for re-election36,2640———36,264

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$110,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 17,500 / 17,500
Stock ownership guideline—

Total cost of the board

ComponentFY2023
Cash retainers and fees$961,264
Equity awards (grant-date value)$930,000
All other compensation$0
Total cost of the board$1,891,264

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

Peer group, and who names Masonite International as a peer

Companies that benchmark against MSON

No companies currently name MSON as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

Disclosed peer group — fiscal year 2023

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

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
1Griffon Corp.2025Ronald Kramer$1,286,463$6,427,488$0$7,881,704$17,515,575
2Fortune Brands Innovations, Inc.2025Nicholas Fink1,275,0006,375,0022,124,998249,90010,476,545
3Advanced Drainage Systems, Inc.2026D. Scott Barbour1,050,0005,309,8111,143,5572,216,5509,780,935
4Armstrong World Industries, Inc.2025Victor Grizzle1,000,0005,599,53201,584,0008,537,000
5Lennox International Inc.2025Alok Maskara1,176,2504,500,4961,149,8801,329,6048,434,155
6Simpson Manufacturing Co., Inc.2025Michael Olosky950,0005,383,38401,389,7137,768,355
7Masonite International Corp2023Howard Heckes971,5393,734,910414,995994,0627,035,842
8Jeld-WEN Holdings, Inc.2025William Christensen1,060,7842,300,8902,284,066621,4736,283,343
9Apogee Enterprises, Inc.2026Ty Silberhorn627,3082,283,41901,208,5006,075,286
10Louisiana-Pacific Corp.2025Jason Ringblom737,2173,434,27801,040,1225,393,288
11A.O. Smith Corporation2025Stephen Shafer965,7502,678,04401,068,0004,960,450
12American Woodmark Corporation2025M. Scott Culbreth957,5773,208,4460696,3504,886,047
13Gibraltar Industries, Inc.2025William Bosway908,2693,202,4400274,5004,731,001
14Quanex Building Products Corporation2025George Wilson950,0001,853,4250737,5783,635,424
—UFP Industries, Inc.——————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
Masonite International Corpnot disclosedPSU 60 · RSU 30 · SAR 10not disclosedFrederic W. Cook & Co., Inc.
A.O. Smith Corporation98.3%RSU 50 · Cash LTI 35 · PSU 15NoWillis Towers Watson (WTW)
Advanced Drainage Systems, Inc.not disclosedPRSU 60 · RSU 20 · Option 20not disclosedWTW
American Woodmark Corporation60.75%RSU 50 · PSU 50NoMeridian Compensation Partners
Apogee Enterprises, Inc.not disclosedRSU 50 · PSU 50NoMeridian Compensation Partners, LLC (current); Willis Towers Watson (through September 2025)
Armstrong World Industries, Inc.not disclosedRSU 50 · PRSU 50not disclosedAon
Fortune Brands Innovations, Inc.14.0%PSU 50 · RSU 25 · Options 25NoWillis Towers Watson
Gibraltar Industries, Inc.25%PSU 64 · RSU 36NoWTW
Griffon Corp.not disclosedPRSU 100not disclosedGallagher Human Resources and Compensation Consulting
Jeld-WEN Holdings, Inc.42%PSU 50 · RSU 25 · Options 25NoPay Governance
Lennox International Inc.90%PSU 50 · RSU 30 · SAR 20NoMeridian Compensation Partners
Louisiana-Pacific Corp.135%PSU 60 · RSU 40NoFW Cook
Quanex Building Products Corporationnot disclosedPerformance Shares 40 · Restricted Stock 30 · PRSU 30not disclosedFrederic W. Cook & Co., Inc.
Simpson Manufacturing Co., Inc.not disclosednot disclosednot disclosednot disclosed
UFP Industries, Inc.not disclosednot disclosednot disclosednot disclosed

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

No say-on-pay vote is on file for this company.

CEO pay ratio

Ratio (CEO : median employee)151 : 1
CEO total compensation$7,035,842
Median employee compensation$46,688
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (47 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, Howard Heckes. 10-K/A, filed 2024-04-26. Section “Executive Compensation” · page 21. As printed: 7,035,842. View filing ↗
  • Section 01, Russell Tiejema. 10-K/A, filed 2024-04-26. Section “Executive Compensation” · page 21. As printed: 2,291,918. View filing ↗
  • Section 01, Christopher Ball. 10-K/A, filed 2024-04-26. Section “Executive Compensation” · page 21. As printed: 1,943,794. View filing ↗
  • Section 01, Randal White. 10-K/A, filed 2024-04-26. Section “Executive Compensation” · page 21. As printed: 1,586,464. View filing ↗
  • Section 01, Robert Paxton. 10-K/A, filed 2024-04-26. Section “Executive Compensation” · page 21. As printed: 1,570,595. View filing ↗
  • Section 03, Christopher Ball PSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Christopher Ball RSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Howard Heckes PSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Howard Heckes RSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Howard Heckes SAR. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Paxton PSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Paxton RSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Russell Tiejema PSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Christopher Ball SAR. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Paxton SAR. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Russell Tiejema RSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Russell Tiejema SAR. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Randal White PSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Randal White RSU. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Randal White SAR. 10-K, filed 2024-04-26. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. 10-K, filed 2024-04-26. Section “CEO Pay Ratio”. As printed: 151 : 1. View filing ↗
  • Section 08, Robert J. Byrne. 10-K, filed 2024-04-26. Section “Director Compensation”. As printed: 330,000. View filing ↗
  • Section 08, Jonathan F. Foster. 10-K, filed 2024-04-26. Section “Director Compensation”. As printed: 230,000. View filing ↗
  • Section 08, Jody L. Bilney. 10-K, filed 2024-04-26. Section “Director Compensation”. As printed: 227,500. View filing ↗
  • Section 08, Francis M. Scricco. 10-K, filed 2024-04-26. Section “Director Compensation”. As printed: 227,500. View filing ↗
  • Section 08, Jay I. Steinfeld. 10-K, filed 2024-04-26. Section “Director Compensation”. As printed: 210,000. View filing ↗
  • Section 08, Peter R. Dachowski. 10-K, filed 2024-04-26. Section “Director Compensation”. As printed: 210,000. View filing ↗
  • Section 08, Daphne E. Jones. 10-K, filed 2024-04-26. Section “Director Compensation”. As printed: 210,000. View filing ↗
  • Section 08, Barry A. Ruffalo. 10-K, filed 2024-04-26. Section “Director Compensation”. As printed: 210,000. View filing ↗
  • Section 08, William S. Oesterle. 10-K, filed 2024-04-26. Section “Director Compensation”. As printed: 36,264. 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 961,264 + equity 930,000 + all other 0 = 1,891,264, summed across the director compensation table rows.
  • Griffon Corp., Section 10b CEO total. DEF 14A, filed 2026-01-09. CEO total compensation as printed in Griffon Corp.'s own proxy. As printed: 17,515,575. View filing ↗
  • Fortune Brands Innovations, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-30. CEO total compensation as printed in Fortune Brands Innovations, Inc.'s own proxy. As printed: 10,476,545. View filing ↗
  • Advanced Drainage Systems, Inc., Section 10b CEO total. DEF 14A, filed 2026-06-03. CEO total compensation as printed in Advanced Drainage Systems, Inc.'s own proxy. As printed: 9,780,935. View filing ↗
  • Armstrong World Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Armstrong World Industries, Inc.'s own proxy. As printed: 8,537,000. View filing ↗
  • Lennox International Inc., Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Lennox International Inc.'s own proxy. As printed: 8,434,155. View filing ↗
  • Simpson Manufacturing Co., Inc., Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Simpson Manufacturing Co., Inc.'s own proxy. As printed: 7,768,355. View filing ↗
  • Masonite International Corp (subject), Section 10b CEO total. 10-K/A, filed 2024-04-26. CEO total compensation as printed in Masonite International Corp's own proxy. As printed: 7,035,842. View filing ↗
  • Jeld-WEN Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Jeld-WEN Holdings, Inc.'s own proxy. As printed: 6,283,343. View filing ↗
  • Apogee Enterprises, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-12. CEO total compensation as printed in Apogee Enterprises, Inc.'s own proxy. As printed: 6,075,286. View filing ↗
  • Louisiana-Pacific Corp., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Louisiana-Pacific Corp.'s own proxy. As printed: 5,393,288. View filing ↗
  • A.O. Smith Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-04. CEO total compensation as printed in A.O. Smith Corporation's own proxy. As printed: 4,960,450. View filing ↗
  • American Woodmark Corporation, Section 10b CEO total. DEF 14A, filed 2025-06-25. CEO total compensation as printed in American Woodmark Corporation's own proxy. As printed: 4,886,047. View filing ↗
  • Gibraltar Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-06. CEO total compensation as printed in Gibraltar Industries, Inc.'s own proxy. As printed: 4,731,001. View filing ↗
  • Quanex Building Products Corporation, Section 10b CEO total. DEF 14A, filed 2026-01-28. CEO total compensation as printed in Quanex Building Products Corporation's own proxy. As printed: 3,635,424. View filing ↗