Eagle Materials Appoints Samuel Guzman as New CAO
Eagle Materials announced the retirement of William R. Devlin, Senior Vice President, Chief Accounting Officer, and Controller, effective June 1, 2026, after over 20 years of service. Samuel M. Guzman Jr., currently VP - Financial Reporting, will succeed him in the role. Additionally, the Compensation Committee approved three new incentive compensation programs for fiscal 2027, including the Eagle Plan, Business Unit Plan, and Special Situation Program, outlining bonus pools and limitations based on company and business unit performance.
Key Highlights
- William R. Devlin to retire as SVP, Chief Accounting Officer, and Controller effective June 1, 2026.
- Samuel M. Guzman Jr. appointed as the new SVP, Chief Accounting Officer, and Controller effective June 1, 2026.
- Compensation Committee approved the Eagle Plan, allocating 1.2% of fiscal 2027 operating earnings for bonuses.
- Eagle Plan bonuses are capped at 3X annual base salary for participants.
- Business Unit Plan approved, with 2.00% of American Gypsum EBITDA and 1.90% of consolidated cement subsidiaries EBITDA for bonuses.
- Business Unit Plan bonuses are capped at 2X annual base salary for participants.
- Special Situation Program approved, utilizing 0.2% of fiscal 2027 EBITDA for bonuses.
Price Impact
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