Page 51 - Proxy Statement - 2020

2019 Annual Cash Incentive Goals and Results / Compensation Discussion and Analysis

2019 Actual Incentive Cash Earned
In 2019, the Committee determined that Company and individual performance warranted the annual incentive payments in the chart
below based on a review of financial metrics and other important achievements. The Committee reviews the NEOs’ performance based
on continuous improvement from the preceding year. As described above, the Committee considered the following financial metrics in
making this determination:
• Pre-Tax Earnings (profitability) as against prior year and current year plan
• EBITDA (profitability) as against prior year and current year plan

• DSO (cash flow) as against prior year and current year plan
The table below summarizes the targets for 2019, individual achievements and annual incentive award earned by each NEO:

Target Annual 2019 Target 2019 Actual
Incentive Bonus Annual Annual
NEO 2019 Performance Metrics (% of Salary) Incentive* Incentive
C. Howard Nye • Continue to drive a world-class safety culture through 130% $1,484,167 $2,900,000
leadership alignment on safety initiatives
• Generate long-term value for shareholders through
strategic growth and profitability
• Effective development of succession plans and professional
development of top leaders
James A. J. Nickolas • Continue to develop the finance team 75% $ 389,225 $ 661,683
• Effective development and oversight of financial filings,
audits and accounting
• Simplify and standardize financial processes and reporting
methods to improve accuracy and knowledge sharing and
to enable informed and timely business decisions
Roselyn R. Bar • Effective management of the legal department, including 80% $ 452,333 $ 836,817
appropriate handling for securities law compliance, annual
and periodic reporting, and robust case assessment
• Provide oversight of ethics program as Chief Ethics Officer
• Continue to improve of processes and management of
Corporate Secretary function
Craig M. LaTorre • Define and develop the safety strategy and gain business 70% $ 319,375 $ 523,812
alignment on long-term safety initiatives
• Develop and implement key Human Resources priorities,
which include talent acquisition, employee development,
performance management and succession planning
Daniel L. Grant • Continue to lead strategic merger and acquisition and asset 70% $ 276,092 $ 441,747
disposition projects and initiatives that align with our
business objectives
• Development of Strategy and Development personnel
• Continue progress on world-class organization initiative
* Based on actual base salary earnings in 2019.

2020 PROXY STATEMENT 47