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Industrials & Aerospace

UFP Industries Executive Compensation (FY25)

UFPI · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
William Schwartz
Latest say-on-pay support
=
April 22, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (8-K): April 23, 2026
10 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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332 figures on this page: 326 cited to the filing that reported them, 6 calculated from figures it prints. See the citations
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 — William Schwartz: $2,391,652 → $3,716,568 (55.4% higher)
Say-on-pay support: 96.5% → 96.4% (0.1 points lower)
CEO pay ratio: 112:1 → 70:1 (37.5% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is UFP Industries' chief executive and what were they paid?
Total compensation for William Schwartz, Chief Executive Officer, came to $3,716,568 in fiscal 2025. Schwartz's total was 55.4% higher than the $2,391,652 reported for fiscal 2024.
What was UFP Industries' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 96.4% of votes cast for or against in favor at the meeting held April 22, 2026.
Which companies are in UFP Industries' peer group?
The disclosed peer group names American Woodmark Corp., Boise Cascade Co., Builders FirstSource, Inc., Gibraltar Industries Inc. and Greif Inc., among others.
What is UFP Industries' chief executive pay ratio?
The company reported a chief executive pay ratio of 70:1 for fiscal 2025, against median employee compensation of $52,451.

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
Matthew Missad
Executive Chairman (CEO/President through Dec 28, 2024)
◇—◇—◇—◇◇
Patrick Webster
President, UFP Construction
◇—◇—◇—◇◇
Michael Cole
Chief Financial Officer
◇—◇—◇—◇◇
Patrick M. Benton
President, UFP Construction, LLC
◇—◇—◇—◇◇
Scott A. Worthington
President, UFP Industrial, LLC
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Missad
Executive Chairman (CEO/President through Dec 28, 2024)
◇—◇—◇—◇◇
Michael Cole
Chief Financial Officer
◇—◇—◇—◇◇
William Schwartz
President and Chief Executive Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Missad
Chief Executive Officer
Departed during or after this year
◇—◇—◇—◇◇
Michael Cole
Chief Financial Officer
◇—◇—◇—◇◇
William Schwartz
President and Chief Executive Officer
◇—◇—◇—◇◇
Patrick Benton
President, UFP Construction, LLC
◇—◇—◇—◇◇
Scott Worthington
President, UFP Packaging, LLC
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Schwartz
Chief Executive Officer
◇—◇—◇—◇◇
Michael Cole
Chief Financial Officer
◇—◇—◇—◇◇
Matthew Missad
Executive Chairman
◇—◇—◇—◇◇
Patrick Benton
President, UFP Construction, LLC
◇—◇—◇—◇◇
Landon Tarvin
President, UFP Retail, LLC
◇—◇—◇—◇◇
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
Landon C. TarvinPSU◇◇◇—◇—◇
Landon C. TarvinRSU◇——◇——◇
Landon C. TarvinRSU◇——◇——◇
Matthew J. MissadPSU◇◇◇—◇—◇
Matthew J. MissadRSU◇——◇——◇
Matthew J. MissadRSU◇——◇——◇
Michael R. ColePSU◇◇◇—◇—◇
Michael R. ColeRSU◇——◇——◇
Michael R. ColeRSU◇——◇——◇
Patrick M. BentonRSU◇——◇——◇
Patrick M. BentonPSU◇◇◇—◇—◇
Patrick M. BentonRSU◇——◇——◇
William SchwartzRSU◇——◇——◇
William SchwartzRSU◇——◇——◇
William SchwartzPSU◇◇◇—◇—◇
Fiscal 2022 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
Matthew MissadRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Michael ColeRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Patrick BentonRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
William SchwartzRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Landon TarvinRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Landon Tarvin
President, UFP Retail, LLC · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Matthew Missad
Executive Chairman · Terms as described in the company’s compensation discussion
Severance cash amount◇
Michael Cole
Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Change-in-control base◇
Patrick Benton
President · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Change-in-control base◇
William Schwartz
Chief Executive Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Change-in-control base◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas W. Rhodes
Lead independent director
◇◇————◇
Brian C. Walker
◇◇————◇
Michael G. Wooldridge
◇◇————◇
Benjamin J. McLean
◇◇————◇
Mary Tuuk Kuras
◇◇————◇
Joan A. Budden
◇◇————◇
Bruce A. Merino
◇◇————◇
William G. Currie
◇◇————◇
Matthew J. Missad, Ronald K. Grubbs, Jr and William D. Schwartz Jr 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◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • American Woodmark Corp. AMWD
  • Boise Cascade Co. BCC
  • Builders FirstSource, Inc. BLDR
  • Gibraltar Industries Inc. ROCK
  • Greif Inc. GEF
  • Louisiana-Pacific Corp. LPX
  • Masco Corp. MAS
  • Patrick Industries, Inc. PATK
  • Simpson Manufacturing Company, Inc. SSD
  • Smurfit Westrock plc SW
  • Sonoco Products Company SON
  • Trex Company, Inc. TREX

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 22, 2026=◇◇◇
2024April 23, 2025=◇◇◇
2023April 24, 2024=◇◇◇
2022April 26, 2023=◇◇◇
2021April 20, 2022=◇◇◇
2020April 21, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- William Schwartz (Chief Executive Officer), FY2025 total compensation $3,716,568 (base salary $600,750) [exec_comp, SEC accession 0001140361-26-008481, filed 2026-03-09]

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What this page does not include

Everything above is a fact UFP Industries disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where UFP Industries 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.
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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.
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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.
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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.
332 figures on this page: 326 cited to the filing that reported them, 6 calculated from figures it prints.
326 cited to the filing
6 calculated from the filing

Documents cited

  1. 0000912767-26-000017
    Proposal 3: Approval, on Advisory (Non-Binding) Basis, of Executive Compensation The shareholders approved a proposed resolution approving, on an advisory (non-binding) basis, the compensation of the
  2. 0001140361-26-008481
    Compensation Discussion and Analysis · Director Compensation
  3. 0000912767-25-000012
    Proposal 3: Approval, on Advisory (Non-Binding) Basis, of Executive Compensation The shareholders approved a proposed resolution approving, on an advisory (non-binding) basis, the compensation of the
  4. 0001140361-25-008293
    Summary Compensation Table
  5. 0000912767-24-000008
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-013170
    Summary Compensation Table
  7. 0000912767-23-000010
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-23-012232
  9. 0000912767-22-000009
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000912767-21-000019
Cite this data
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Velarion, “UFP Industries executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/UFPI (accessed 2026).
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10 filings cited on this page
Method: intel.velarion.ai/methodology
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Industrials & Aerospace rankings

Chief executive pay — Industrials & AerospaceCEO pay ratio — Industrials & AerospaceSay-on-pay support — Industrials & Aerospace

Peers UFP Industries discloses

The companies named in UFPI's own disclosed peer group.

American Woodmark Corp.Boise Cascade Co.Builders FirstSource, Inc.Gibraltar Industries Inc.Greif Inc.Louisiana-Pacific Corp.Masco Corp.Patrick Industries, Inc.Simpson Manufacturing Company, Inc.Smurfit Westrock plcSonoco Products CompanyTrex Company, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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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