Posted: 05/02/2025 07:59 am
In 2024, Trevor S. Lang, who served as the company's former president, received a total compensation of $3,008,600. This package included a base salary of $625,000 and substantial stock awards amounting to $1,750,220, alongside incentive plan compensation of $624,375. The hefty stock awards demonstrate the company's emphasis on tying executive performance to company stock performance, aligning the leadership's interests with those of the shareholders[^1^].
Looking back at 2021, then-CEO Thomas V. Taylor was awarded a total compensation of $5,143,661, with stock and option awards totaling over $1.65 million. A notable increase from previous years, Taylor's stock options were a crucial component of his compensation, underlining the company's belief in leveraging equity to incentivize its top leadership[^2^]. This compensation package supported Taylor's commitment to steering Floor & Decor through a period of expansion and performance improvement, as seen by the company's activities and strategic focus during his tenure.
During 2020, as the CEO, Taylor's contract showed a total compensation of $13,929,515, marked substantially by stock awards of $10,412,500. This spike in stock awards can be attributed to the extraordinary market conditions and growth trajectories Floor & Decor aimed to capture during a pivotal year[^3^].
Comparatively, Brian K. Robbins, Executive Vice President of Business Development Strategy in 2022, witnessed total earnings of $1,238,660. Although Robbins' package was more modest compared to the CEO's, his stock awards of $550,000 demonstrated a significant link between performance objectives and compensation, critical for driving strategic development and partnerships[^4^].
Recent earnings call transcripts and press releases indicate Floor & Decor's commitment to growth, as demonstrated by the announcement of new store openings in Covington, Louisiana, and Venice, Florida[^5^]. This expansion strategy, coupled with a recent uptick in stock price by 11.9%, signifies positive market reception and expectations for continued financial success[^6^]. As of now, the stock stands at a price of $72.25, reflecting a steady forward momentum in the company's valuation[^7^].
These compensatory strategies underscore a broader initiative to motivate and retain high-caliber leaders whose actions directly influence Floor & Decor's growth and market positioning. By aligning executive interests with company performance, Floor & Decor aims to sustain its growth trajectory and shareholder value creation in the competitive retail sector.
[^1^]: https://www.sec.gov/Archives/edgar/data/1507079/000150707925000083/0001507079-25-000083-index.htm
[^2^]: https://www.sec.gov/Archives/edgar/data/1507079/000110465923035045/0001104659-23-035045-index.htm
[^3^]: https://www.sec.gov/Archives/edgar/data/1507079/000110465922036562/0001104659-22-036562-index.htm
[^4^]: https://www.sec.gov/Archives/edgar/data/1507079/000110465924035904/0001104659-24-035904-index.htm
[^5^]: https://seekingalpha.com/article/4780847-floor-and-decor-holdings-inc-fnd-q1-2025-earnings-call-transcript
[^6^]: https://www.zacks.com/stock/news/2443809/floor-dcor-fnd-surges-11-9-is-this-an-indication-of-further-gains?cid=CS-STOCKNEWSAPI-FT-tale_of_the_tape|daily_price_change_5%-2443809
[^7^]: Financial snapshot on Floor & Decor Holdings, Inc. (NYSE: FND) as provided in the query.
