Company: EME
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001140361-25-015031
Chunk: 25

Company: EMCOR Group, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 25
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 hours per week. Mr. Pompa departed from the Company effective as of June 28, 2024. Also effective as of April 1, 2024, Mr. R. Kevin Matz, our former Executive Vice President – Shared Services, stepped down and departed from the Company. Each of Messrs. Pompa and Matz are entitled to severance payments and other benefits under their respective severance agreements, as described below, provided that they comply with the restrictive covenants contained therein. Please see “Potential Post Employment Payments — Severance Agreements” for additional information. Neither Mr. Pompa nor Mr. Matz received a salary increase in 2024 and they did not receive awards under our Annual Incentive Program with respect to the 2024 performance year, in each case, due to their respective departures from the Company, effective April 1, 2024. Each of Mr. Pompa and Matz received a pro-rata portion of a contractually determined amount for the period from January 1 – April 1, 2024 with respect to their annual incentive bonus for 2024. Please see “Potential Post Employment Payments — Severance Agreements” for additional information. Annual Base Salary Annual base salary serves as a foundation of our executive compensation program. We determine the other key components of the program with reference to base salary, including annual and long-term incentives and termination payments. 19 We intend annual base salary and perquisites to reward the expertise, experience and sustained performance of our named executive officers, each of whom has been with us for more than ten years. Base salaries are reviewed annually, and we have generally increased named executive officer salaries to reflect promotions or increased responsibilities and cost of living increases, when appropriate, and to remain competitive with base salaries paid by the Comparator Companies. For 2024, the base salaries of our named executive officers, Mr. Anthony J. Guzzi, our Chairman, President and Chief Executive Officer, Ms. Maxine L. Mauricio, our Executive Vice President, General Counsel, Chief Administrative Officer and Corporate Secretary, and Mr. Jason R. Nalbandian, our Senior Vice President, Chief Financial Officer and Chief Accounting Officer, were increased by approximately 3.24%, 5.00%, and 54.17%, respectively. The increase in Mr. Nalbandian’s base salary reflects his promotion to Chief Financial Officer of the Company. Annual Incentive Program Annual cash incentive awards under our Key Executive Incentive