Posted: 07/01/2025 07:14 am
Trex Company, Inc., recognized as a leader in the manufacturing of wood-alternative composite decking, continues to dominate the industry with its innovative products and sustainable practices. Amid various industry accolades and strategic advancements, a key focus remains on the compensation structures of its executive team, reflecting the company’s commitment to performance-based incentives.
In recent years, Trex has enhanced its executive compensation strategy to align more closely with company performance and shareholder interests. Adam D. Zambanini, Executive Vice President and Chief Operating Officer, exemplifies this trend. In 2024, Zambanini's total compensation amounted to $2,485,833, with a substantial portion derived from stock awards valued at $1,192,550, and performance-based incentive plan compensation totaling $499,488. Despite receiving a base salary of $550,000, no bonus was awarded, highlighting the company's emphasis on stock-based and long-term incentives.^1
This approach marks a notable evolution from previous years. For instance, Dennis C. Schemm, former Senior Vice President and Chief Financial Officer, earned a total compensation of $1,208,117 in 2023, largely driven by stock awards of $838,100. Like Zambanini, Schemm’s compensation lacked a bonus component, pointing to a consistent strategy of leveraging equity-based rewards to ensure a strong alignment with the company's performance objectives.^2
Trex’s compensation package is designed not only to attract but also to retain top talent, ensuring continuity and reward for those who drive the company's success. This is particularly evident in Zambanini's career progression within Trex, which saw him rise from the role of President of Trex Residential Products in 2021 to his current position, with corresponding adjustments in his compensation from $1,749,891 in 2021—a reflection of both his increased responsibility and contribution to the company’s growth.^3
In 2019, William R. Gupp, who served as Senior Vice President, Chief Legal Officer, and Secretary, earned a total compensation package of $1,176,406, predominantly through stock awards worth $443,700. This consistent focus on long-term incentives underscores Trex’s strategic objective to drive sustainable growth and shareholder value.^4
Trex’s commitment to sustainability and innovation continues to be recognized industry-wide. Recently, Trex was named "America's Most Trusted® Outdoor Decking" for the fifth consecutive year^5, and it published a comprehensive 2024 Sustainability Report that highlights the company’s commitment to circular innovation^6. These accomplishments correlate with Trex’s robust compensation strategy designed to attract leadership that not only meets short-term performance goals but also aligns with the company’s long-term vision in sustainability and market leadership.
Trex’s stock, listed on the NYSE under the symbol TREX, reflects investors’ confidence in the company's strategic direction, despite current market volatility. With a recent stock price of $54.38, Trex’s commitment to innovation and market leadership remains evident, influenced by their strategic compensation and incentive models.^7
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1. Trex Company, Inc. executive compensation data for 2024: https://www.sec.gov/Archives/edgar/data/1069878/000095017025043508/0000950170-25-043508-index.htm
2. Trex Company, Inc. executive compensation data for 2023: https://www.sec.gov/Archives/edgar/data/1069878/000119312524076082/0001193125-24-076082-index.htm
3. Trex Company, Inc. executive compensation data for 2021: https://www.sec.gov/Archives/edgar/data/1069878/000119312523075296/0001193125-23-075296-index.htm
4. Trex Company, Inc. executive compensation data for 2019: https://www.sec.gov/Archives/edgar/data/1069878/000119312522081259/0001193125-22-081259-index.htm
5. "Trex Named 'America's Most Trusted® Outdoor Decking' for Fifth Consecutive Year": https://www.businesswire.com/news/home/20250121005000/en/Trex-Named-America%E2%80%99s-Most-Trusted%C2%AE-Outdoor-Decking-for-Fifth-Consecutive-Year
6. "Trex Company Publishes 2024 Sustainability Report": https://www.businesswire.com/news/home/20250630391313/en/Trex-Company-Publishes-2024-Sustainability-Report-Highlighting-How-Circular-Innovation-Is-Adding-Value-to-the-Business
7. Trex Company, Inc. stock price data and market performance: Data snapshot as of June 2025.
