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Construction Partners Executive Compensation (FY25)

ROAD · Executive and director compensation, fiscal 2023 to 2025

The Construction Partners brief, $1,500

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Data as of September 5, 2026Latest filing (DEF 14A): January 27, 2026
5 filings cited on this page
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Published by Velarion Company Intelligence
Construction Partners brief$1,500Get the executive brief
136 figures on this page: 134 cited to the filing that reported them, 2 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Fred J. (Jule) Smith, III
Median of the other named officers
$2,263,975
6 officers, excluding the chief executive
Latest say-on-pay support
=
March 20, 2025
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 — Fred J. (Jule) Smith, III: $3,441,186 → $6,410,129 (86.3% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Construction Partners' chief executive and what were they paid?
Fred J. (Jule) Smith, III, President and Chief Executive Officer, received $6,410,129 in total compensation for fiscal 2025. Smith, III's total was 86.3% higher than the $3,441,186 reported for fiscal 2024.
What was Construction Partners' say-on-pay result?
Shareholders recorded 90.9% support for the say-on-pay proposal at the meeting held March 20, 2025 for fiscal 2024.
What is Construction Partners' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 130.8:1, against median employee compensation of $49,013.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Fred J. (Jule) Smith, III
President and Chief Executive Officer
◇◇◇—◇—◇◇
M. Brett Armstrong
Regional President - Central Region
◇◇◇—◇—◇◇
John Harper
Senior Vice President - Strategic Initiatives
◇◇◇—◇—◇◇
Gregory Hoffman
Senior Vice President and Chief Financial Officer
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Fred J. (Jule) Smith, III
President and Chief Executive Officer
◇◇◇—◇—◇◇
John Harper
Senior Vice President - Strategic Initiatives
◇◇◇—◇—◇◇
M. Brett Armstrong
Regional President - Central Region
◇◇◇—◇—◇◇
Gregory Hoffman
Senior Vice President and Chief Financial Officer
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Fred J. (Jule) Smith, III
President and Chief Executive Officer
◇◇◇—◇—◇◇
Gregory Hoffman
Senior Vice President and Chief Financial Officer
◇◇◇—◇—◇◇
N. Nelson Fleming, IV
Senior Vice President - Strategy and Business Development
◇◇◇—◇—◇◇
J. Ryan Brooks
Senior Vice President and General Counsel
◇◇◇—◇—◇◇
John Harper
Senior Vice President - Strategic Initiatives
◇◇◇—◇—◇◇
M. Brett Armstrong
Regional President - Central Region
◇◇◇—◇—◇◇
Robert Baugnon
Senior Vice President - Personnel and Administration
◇◇◇—◇—◇◇
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
Fred J. (Jule) Smith, IIIPRSU——————◇
Gregory HoffmanPRSU——————◇
J. Ryan BrooksPRSU——————◇
John HarperPRSU——————◇
M. Brett ArmstrongPRSU——————◇
N. Nelson Fleming, IVPRSU——————◇
Robert BaugnonPRSU——————◇
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
John HarperPSU◇◇——
RSU◇◇——
Gregory HoffmanRSU◇◇——
PSU◇◇——
J. Ryan BrooksPSU◇◇——
RSU◇◇——
Fred J. (Jule) Smith, IIIRSU◇◇——
PSU◇◇——
M. Brett ArmstrongRSU◇◇——
PSU◇◇——
N. Nelson Fleming, IVPSU◇◇——
RSU◇◇——
Robert BaugnonPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2024March 20, 2025=◇◇◇
2021February 22, 2022=◇◇◇

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 Construction Partners disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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.
136 figures on this page: 134 cited to the filing that reported them, 2 calculated from figures it prints.
134 cited to the filing
2 calculated from the filing

Documents cited

  1. 0001628280-26-003572
    Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year End · Summary Compensation Table
  2. 0001718227-25-000045
  3. 0001718227-25-000007
    Summary Compensation Table
  4. 0001718227-24-000006
    Summary Compensation Table
  5. 0001718227-22-000040
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Construction Partners executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/ROAD (accessed 2026).
Short form: data: Velarion

The Construction Partners brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
5 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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The headline figures, each with its citation.
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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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