MTRX · Matrix Service Co · Executive Compensation

$10.12 -0.09 (-0.88%)

Russell 2000 member Rebalance outlook locked

Market Cap

$288.86M

28.29M

Volume · Oct 20 188.42K Avg daily vol (3M) 368.03K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2026

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Hewitt	Chief Executive Officer	$800,000	—	$3,981,443	—	$291,478	$1,668,544	$6,741,465
Shawn P. Payne	Chief Operating Officer	$535,494	$50,000	$1,765,518	—	$148,933	$23,296	$2,523,241
Nancy E. Austin	Former Chief Administrative Officer	$362,735	—	$769,165	—	—	$694,255	$1,826,155
Kevin Cavanah	Chief Financial Officer	$510,836	—	$924,769	—	$140,377	$25,431	$1,601,413
Justin D. Sheets	Senior Vice President, Enterprise Services	$403,292	—	$521,490	—	$106,280	$18,633	$1,049,695

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Hewitt	Chief Executive Officer	$800,000	—	$2,236,270	—	—	$33,189	$3,069,459
Alan R. Updyke	Former Chief Operating Officer	$459,161	—	$1,202,629	—	—	$897,707	$2,559,497
Glyn A. Rodgers	Former President—Matrix PDM Engineering	$349,560	—	$663,417	—	—	$637,415	$1,650,392
Kevin Cavanah	Chief Financial Officer	$493,269	—	$731,501	—	—	$24,512	$1,249,282
Shawn P. Payne	President—Engineering & Construction	$459,868	—	$482,898	—	—	$20,209	$962,975
Douglas J. Montalbano	President—Matrix North American Construction	$388,769	—	$418,007	—	—	$17,417	$824,193
Nancy E. Austin	Chief Administrative Officer	$389,423	—	$412,499	—	—	$21,096	$823,018
Justin D. Sheets	Senior Vice President, Enterprise Services	$389,423	—	$412,499	—	—	$18,348	$820,270

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Hewitt	Chief Executive Officer	$800,000	—	$3,264,777	—	—	$32,510	$4,097,287
Alan R. Updyke	Former Chief Operating Officer	$505,000	—	$1,105,672	—	—	$25,733	$1,636,405
Kevin Cavanah	Chief Financial Officer	$475,000	—	$1,039,996	—	—	$23,585	$1,538,581
Shawn P. Payne	President—Engineering & Construction	$433,423	—	$686,554	—	—	$19,211	$1,139,188
Glyn A. Rodgers	Former President—Matrix PDM Engineering	$387,115	—	$609,916	—	—	$22,341	$1,019,372
Douglas J. Montalbano	President—Matrix North American Construction	$370,385	—	$594,284	—	—	$17,173	$981,842
Nancy E. Austin	Chief Administrative Officer	$375,000	—	$586,453	—	—	$20,249	$981,702

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Hewitt	Chief Executive Officer	$800,000	—	$1,565,141	—	—	$36,852	$2,401,993
Alan R. Updyke	Former Chief Operating Officer	$505,000	—	$535,943	—	—	$27,583	$1,068,526
Kevin Cavanah	Chief Financial Officer	$475,000	—	$504,107	—	—	$24,308	$1,003,415
Bradley J. Rinehart	Former President—Matrix Service Inc.	$85,335	—	—	—	—	$644,303	$729,638
Shawn P. Payne	President—Engineering & Construction	$397,769	—	$310,799	—	—	$18,646	$727,214
Glyn A. Rodgers	Former President—Matrix PDM Engineering	$375,000	—	$284,275	—	—	$26,395	$685,670
Nancy E. Austin	Chief Administrative Officer	$375,000	—	$284,275	—	—	$20,233	$679,508

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Hewitt	Chief Executive Officer	$793,846	—	$2,629,879	—	—	$35,378	$3,459,103
Alan R. Updyke	Chief Operating Officer	$503,058	—	$898,096	—	—	$22,001	$1,423,155
Kevin Cavanah	Chief Financial Officer	$473,174	—	$844,746	—	—	$18,758	$1,336,678
Bradley J. Rinehart	Former President—Matrix Service Inc.	$414,086	—	$528,052	—	—	$18,004	$960,142
Glyn A. Rodgers	President—Matrix PDM Engineering	$373,558	—	$476,371	—	—	$21,942	$871,871

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Hewitt	Chief Executive Officer	$726,154	—	$1,824,456	—	—	$34,569	$2,585,179
Alan R. Updyke	Chief Operating Officer	$476,885	—	$631,968	—	—	$25,848	$1,134,701
Kevin Cavanah	Chief Financial Officer	$453,078	—	$594,440	—	—	$22,561	$1,070,079
Bradley J. Rinehart	Former President—Matrix Service Inc.	$396,500	—	$371,583	—	—	$20,237	$788,320
Jason W. Turner	Former President— Matrix North American Construction	$222,232	—	—	—	—	$541,033	$763,265
Glyn A. Rodgers	President—Matrix PDM Engineering	$357,692	—	$335,202	—	—	$24,704	$717,598

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Hewitt	Chief Executive Officer	$800,000	—	$1,602,102	—	$100,000	$39,738	$2,541,840
Joseph F. Montalbano	Former Chief Operating Officer	$404,723	—	$584,186	—	—	$988,408	$1,977,317
Alan R. Updyke	Chief Operating Officer	$464,131	—	$901,036	—	$50,400	$38,318	$1,453,885
Kevin Cavanah	Chief Financial Officer	$475,000	—	$532,676	—	$44,531	$28,913	$1,081,120
Bradley J. Rinehart	Former President—Matrix Service Inc.	$409,894	—	$332,973	—	$42,397	$31,865	$817,129
Jason W. Turner	Former President— Matrix North American Construction	$415,685	—	$332,973	—	—	$24,723	$773,381
Glyn A. Rodgers	President—Matrix PDM Engineering	$358,346	—	$300,375	—	$31,989	$32,722	$723,432

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Hewitt	Chief Executive Officer	$790,385	—	$1,942,043	—	$486,509	$32,537	$3,251,474
Joseph F. Montalbano	Former Chief Operating Officer	$516,161	—	$725,431	—	$237,598	$35,324	$1,514,514
Kevin Cavanah	Chief Financial Officer	$467,145	—	$659,088	—	$216,649	$25,904	$1,368,786
Alan R. Updyke	Chief Operating Officer	$395,254	—	$400,642	—	$299,161	$26,786	$1,121,843
Jason W. Turner	Former President— Matrix North American Construction	$411,878	—	$418,070	—	$145,070	$22,420	$997,438

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
John Hewitt	Chief Executive Officer	$750,000	—	$1,595,449	—	—	$29,536	$2,374,985
Joseph F. Montalbano	Former Chief Operating Officer	$496,125	—	$591,028	—	—	$30,665	$1,117,818
Kevin Cavanah	Chief Financial Officer	$434,148	—	$517,177	—	—	$23,437	$974,762
Jason W. Turner	President—Matrix North American Construction	$395,890	—	$336,876	—	—	$21,286	$754,052

Executive changes

Person	Role	Change	Effective	Filed
Dominic A. Savarino	Senior Vice President and Chief Financial Officer	Appointed	2026-11-06	2026-10-19
Shawn P. Payne	Director	Appointed	2026-07-01	2026-07-02
Shawn P. Payne	Chief Executive Officer	Appointed	2026-07-01	2026-04-30
Douglas J. Montalbano	President of Matrix North American Construction, Inc.	Resigned	2026-01-16	2026-01-06
Shawn P. Payne	President Engineering & Construction, Matrix Service Company	Appointed	2025-05-05	2025-05-02
Shawn P. Payne	President – Matrix Service	Appointed	2022-09-01	2022-09-01
Bradley J. Rinehart	President – Matrix Service Inc.	Terminated	2022-08-31	2022-09-01

Leadership

Shawn P. Payne CEO, Board Member
Dominic A. Savarino CFO
Alan R. Updyke COO
Carlin G. Conner Board Member
Jose Luis Martin de Bustamante Board Member

Key facts CIK 866273 CUSIP 576853105 13F (30d) 12 filings 12 filers Visit website Investor relations