Updated April 2026 · SEC DEF 14A data
Martin Marietta vs Vulcan Materials, CEO Pay Comparison
Ward Nye, Martin Marietta's CEO, earns $0 more in reported total compensation than Tom Hill at Vulcan Materials, based on the most recent SEC DEF 14A proxy filings. Martin Marietta earns a Pay-for-Performance Grade of C; Vulcan Materials earns a A.
Ward Nye at Martin Marietta ($8.0M) and Tom Hill at Vulcan Materials ($8.0M) are close on total compensation. With pay close, the more interesting comparison is on performance: TSR ran 0.4% versus 33.0% over the three-year window.
CEO compensation comparisons require peer-group context. Compensation committees explicitly select peer groups for setting CEO pay; two companies may use different peer groups even when they appear in similar industries. The full per-company pages surface the disclosed peer-group context.
Side-by-Side Comparison
| Metric | Martin MariettaMLM | Vulcan MaterialsVMC |
|---|---|---|
| CEO | Ward Nye | Tom Hill |
| Industry | Construction Materials | Construction Materials |
| Total Compensation | $8.0M | $8.0M |
| Base Salary | $800K | $800K |
| Stock Awards | $4.0M | $4.0M |
| Option Awards | $960K | $960K |
| Non-Equity Incentive | $1.2M | $1.2M |
| Pay-for-Performance Grade | C (59/100) | A (84/100) |
| CEO-Worker Pay Ratio | 114:1 | 114:1 |
| Median Worker Pay | $70K | $70K |
| Say-on-Pay Approval | 89.4% | 85.6% |
| 3yr Total Shareholder Return | +0.4% | +33.0% |
| Revenue | $6.8B | $7.9B |
| Market Cap | $36.0B | $36.0B |
| Employees | 10,100 | 11,500 |
Reading the Comparison
Ward Nye (Martin Marietta) and Tom Hill (Vulcan Materials) earn nearly identical reported total compensation — $8.0M versus $8.0M — placing the two CEOs within $0 of each other on their most recent DEF 14A filings.
On Pay-for-Performance Grade, Vulcan Materials is markedly better aligned: 84/100 (A) versus Martin Marietta's 59/100 (C). The gap of 25 composite points typically reflects multiple factors moving in the same direction — relative TSR, say-on-pay, and revenue-versus-compensation growth all favoring one side.
CEO-to-worker pay ratios are similar: 114:1 at Martin Marietta versus 114:1 at Vulcan Materials. Both companies have median worker pay structures that produce comparable Item 402(u) ratios. Martin Marietta's pay package received 89.4% shareholder approval, ahead of Vulcan Materials's 85.6%. Both votes are above the 70% scrutiny threshold but the 3.8-point gap indicates somewhat different shareholder views on pay structure.
How These Numbers Are Sourced
Every metric in the comparison table comes from a primary public source. Total compensation, salary, stock awards, option awards, and non-equity incentive figures come from the Summary Compensation Table of each company's most recent DEF 14A — the table the SEC requires every U.S. public company to file annually under Regulation S-K Item 402. CEO-to-worker pay ratio comes from the Item 402(u) disclosure required since 2018. Say-on-pay vote share comes from the 8-K filed within four business days of each annual meeting. 3-year total shareholder return is computed from split-adjusted, dividend-reinvested price data over the most recent 36 months.
The Pay-for-Performance Grade is the four-factor composite documented at methodology: relative TSR (35%), revenue versus compensation growth (25%), say-on-pay vote (25%), and pay ratio versus peers (15%). Authoritative governance frameworks come from Institutional Shareholder Services (ISS) and Glass Lewis. Underlying SEC filings for both Martin Marietta and Vulcan Materials are available on the EDGAR system.
Frequently Asked Questions
How much do the CEOs of Martin Marietta and Vulcan Materials earn?
Ward Nye, CEO of Martin Marietta, earned $8.0M in reported total compensation in the most recently disclosed fiscal year. Tom Hill at Vulcan Materials earned $8.0M. Both figures come from the Summary Compensation Table inside each company's most recent DEF 14A proxy statement.
Which company has better Pay-for-Performance alignment?
On Pay-for-Performance Grade, Vulcan Materials is markedly better aligned: 84/100 (A) versus Martin Marietta's 59/100 (C). The gap of 25 composite points typically reflects multiple factors moving in the same direction — relative TSR, say-on-pay, and revenue-versus-compensation growth all favoring one side. The grade is computed from a four-factor composite: 3-year relative TSR (35%), revenue versus compensation growth (25%), say-on-pay vote (25%), and CEO-to-worker pay ratio versus peers (15%).
How do CEO-to-worker pay ratios compare?
Martin Marietta reports a CEO-to-median-worker pay ratio of 114:1 on its most recent Item 402(u) disclosure; Vulcan Materials reports 114:1. CEO-to-worker pay ratios are similar: 114:1 at Martin Marietta versus 114:1 at Vulcan Materials. Both companies have median worker pay structures that produce comparable Item 402(u) ratios.
Did shareholders approve each pay package?
Martin Marietta's pay package received 89.4% shareholder approval, ahead of Vulcan Materials's 85.6%. Both votes are above the 70% scrutiny threshold but the 3.8-point gap indicates somewhat different shareholder views on pay structure. Say-on-pay is an advisory vote required by Section 951 of the Dodd-Frank Act and conducted at each annual shareholder meeting.
Where does this comparison data come from?
Every figure on this page is sourced from public SEC filings: the DEF 14A proxy statement for compensation under Regulation S-K Item 402, the same proxy's Item 402(u) disclosure for pay ratio, the 8-K filed within four business days of each annual meeting for say-on-pay vote share, and the 10-K for revenue, market cap, and employee count. All filings are available on the SEC EDGAR system at https://www.sec.gov/edgar.shtml.
Martin Marietta CEO Pay Details
Full compensation breakdown, history, and peer comparison
Vulcan Materials CEO Pay Details
Full compensation breakdown, history, and peer comparison
Source: U.S. Securities and Exchange Commission, DEF 14A and 8-K filings via EDGAR. Public domain.
Last updated 2026-04-06 · comparing Martin Marietta (MLM) and Vulcan Materials (VMC).