How Hewitt was paid
$6.7M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| John R. HewittChief Executive Officer | $800,000 | — | $3,981,443 | $291,478 | $1,668,544 | $6,741,465 |
| Kevin S. CavanahChief Financial Officer | $510,836 | — | $924,769 | $140,377 | $25,431 | $1,601,413 |
| Shawn P. PayneChief Operating Officer | $535,494 | $50,000 | $1,765,518 | $148,933 | $23,296 | $2,523,241 |
| Justin D. SheetsSenior Vice President, Enterprise Services | $403,292 | — | $521,490 | $106,280 | $18,633 | $1,049,695 |
| Nancy E. AustinFormer Chief Administrative Officer | $362,735 | — | $769,165 | — | $694,255 | $1,826,155 |
What changed and why
- $6.7M$6,741,465 CEO total compensation included $1,600,000 of cash severance under his separation agreement.
- $4M$3,981,443 CEO stock awards included modified and regranted RSU and PSU values under SEC rules.
- $50,000$50,000 transition bonus was awarded to COO Shawn P. Payne for expanded leadership responsibilities.
- 57:1 was the CEO-to-median-employee pay ratio; excluding severance, the ratio was 44:1.
- 93%93% of votes cast supported named executive officer compensation at the 2025 annual meeting.
Other Matrix Service proxy statements
- 2025 proxy statement
John R. Hewitt paid $3.1M (-25% on the year), pay ratio 28:1.
Filed Sep 24, 2025
About this page
The figures were read out of the DEF 14A proxy statement on EDGAR by a language model and every number was then checked against the filing text; a figure that could not be found there is left out rather than shown. Totals follow SEC rules, which value stock and option awards at grant. Read the filing for footnotes and the compensation committee's full reasoning.