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Everus Construction Group Executive Compensation (FY25)

ECG · Bismarck, ND · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 14, 2026
232 figures on this page: 230 cited to the filing that reported them, 2 calculated from figures it prints. See the citations
Jeffrey Thiede was paid $4,862,601 in total compensation as President and CEO for fiscal 2025, and Thiede's total was 74.1% higher than the $2,793,546 reported for fiscal 2024. Separately, the company reported a chief executive pay ratio of 52:1 for fiscal 2025, against median employee compensation of $93,574. Meanwhile, the say-on-pay proposal drew 96.1% of votes cast including abstentions in favor at the meeting held May 12, 2026 for fiscal 2025. Companies named in the disclosed peer group include APi Group Corporation, Arcosa, Inc., Clean Harbors, Inc., Comfort Systems USA, Inc. and Construction Partners, Inc., among others.
Chief executive, fiscal 2025
◇
Jeffrey Thiede
Latest say-on-pay support
=
May 12, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jeffrey Thiede: $2,793,546 → $4,862,601 (74.1% higher)
Say-on-pay support: 93.0% → 96.1% (3.1 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Everus Construction Group's chief executive and what were they paid?
Jeffrey Thiede was paid $4,862,601 in total compensation as President and CEO for fiscal 2025. Thiede's total was 74.1% higher than the $2,793,546 reported for fiscal 2024.
What was Everus Construction Group's say-on-pay result?
The say-on-pay proposal drew 96.1% of votes cast including abstentions in favor at the meeting held May 12, 2026 for fiscal 2025.
Which companies are in Everus Construction Group's peer group?
Companies named in the disclosed peer group include APi Group Corporation, Arcosa, Inc., Clean Harbors, Inc., Comfort Systems USA, Inc. and Construction Partners, Inc., among others. The Relative TSR Peer Companies includes Ameresco, Inc., Centuri Holdings, Inc., EMCOR Group, Inc., MasTec, Inc. and Quanta Services, Inc., among others.
What is Everus Construction Group's chief executive pay ratio?
The company reported a chief executive pay ratio of 52:1 for fiscal 2025, against median employee compensation of $93,574.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeffrey Thiede
President and CEO
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeffrey Thiede
President and CEO
◇—◇—◇—◇◇
Thomas Nosbusch
Executive Vice President and COO
◇—◇—◇◇◇◇
Paul Sanderson
Vice President, CLO and Corporate Secretary
◇—◇—◇—◇◇
Jon Hunke
Vice President and CAO
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeffrey Thiede
President and CEO
◇—◇—◇—◇◇
Paul Sanderson
Vice President, CLO and Corporate Secretary
◇—◇—◇—◇◇
Thomas Nosbusch
Executive Vice President and COO
◇◇◇—◇—◇◇
Jon Hunke
Vice President and CAO
◇◇◇—◇—◇◇
Maximillian Marcy
Vice President, CFO and Treasurer
◇———◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeffrey Thiede
President and CEO
◇—◇—◇—◇◇
Thomas Nosbusch
Executive Vice President and COO
◇—◇—◇—◇◇
Timothy Sznewajs
Vice President of Corp. Dev. and Strategy
◇◇◇—◇—◇◇
Maximillian Marcy
Vice President, CFO and Treasurer
◇—◇—◇—◇◇
Paul Sanderson
Vice President, CLO and Corporate Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Jeffrey S. ThiedePSU◇—◇◇◇—◇
Jeffrey S. ThiedePSU◇—◇◇◇—◇
Jeffrey S. ThiedeRSU◇——◇——◇
Maximillian J MarcyPSU◇—◇◇◇—◇
Maximillian J MarcyPSU◇—◇◇◇—◇
Maximillian J MarcyRSU◇——◇——◇
Paul R. SandersonPSU◇—◇◇◇—◇
Paul R. SandersonRSU◇——◇——◇
Paul R. SandersonPSU◇—◇◇◇—◇
Thomas D. NosbuschPSU◇—◇◇◇—◇
Thomas D. NosbuschPSU◇—◇◇◇—◇
Thomas D. NosbuschRSU◇——◇——◇
Timothy R. SznewajsPSU◇—◇◇◇—◇
Timothy R. SznewajsPSU◇—◇◇◇—◇
Timothy R. SznewajsRSU◇——◇——◇
Timothy R. SznewajsRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jeffrey ThiedeRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Thomas NosbuschRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Timothy SznewajsRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Paul SandersonRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Maximillian MarcyRSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Dale S. Rosenthal
Board chair
◇◇———◇◇
David M. Sparby
◇◇———◇◇
Betty R. Wynn
◇◇———◇◇
Edward A. Ryan
◇◇———◇◇
Clark A. Wood
◇◇———◇◇
Michael S. Della Rocca
◇◇———◇◇
Helena M. Hernandez
◇◇———◇◇
Jeffrey S. Thiede served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash base retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • APi Group Corporation APG
  • Arcosa, Inc. ACA
  • Clean Harbors, Inc. CLH
  • Comfort Systems USA, Inc. FIX
  • Construction Partners, Inc. ROAD
  • Dycom Industries, Inc. DY
  • Enviri Corporation NVRI
  • Granite Construction Incorporated GVA
  • IES Holdings, Inc. IESC
  • KBR, Inc. KBR
  • Matrix Service Company MTRX
  • MYR Group, Inc. MYRG
  • Primoris Services Corporation PRIM
  • Team, Inc. TISI
  • Tetra Tech, Inc. TTEK
  • Valmont Industries, Inc. VMI
Relative TSR Peer Companies
  • Ameresco, Inc. AMRC
  • Centuri Holdings, Inc. CTRI
  • EMCOR Group, Inc. EME
  • MasTec, Inc. MTZ
  • Quanta Services, Inc. PWR
  • Sterling Infrastructure, Inc. STRL
  • Tutor Perini Corp. TPC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 12, 2026=◇◇◇
2024May 20, 2025=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Everus Construction Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Everus Construction Group sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
232 figures on this page: 230 cited to the filing that reported them, 2 calculated from figures it prints.
230 cited to the filing
2 calculated from the filing

Documents cited

  1. 0002015845-26-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0002015845-26-000019
    CEO Pay Ratio · COMPENSATION FOR NON-EMPLOYEE DIRECTORS · Director Compensation for 2025 · Grants of Plan-Based Awards · and 3 more sections
  3. 0002015845-25-000045
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0002015845-25-000030
    Summary Compensation Table · Summary Compensation Table for 2024
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Velarion, “Everus Construction Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ECG (accessed 2026).
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Real Estate rankings

Chief executive pay — Real EstateCEO pay ratio — Real EstateSay-on-pay support — Real Estate

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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