Dover Management

Management criteria checks 3/4

Dover's CEO is Rich Tobin, appointed in May 2018, has a tenure of 5.92 years. total yearly compensation is $16.80M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth R$227.49M. The average tenure of the management team and the board of directors is 8.2 years and 7.2 years respectively.

Key information

Rich Tobin

Chief executive officer

US$16.8m

Total compensation

CEO salary percentage	7.7%
CEO tenure	5.9yrs
CEO ownership	0.2%
Management average tenure	8.2yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rich Tobin's remuneration changed compared to Dover's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$17m	US$1m	US$1b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$14m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$14m	US$1m	US$1b
Sep 30 2021	n/a	n/a	US$943m
Jun 30 2021	n/a	n/a	US$880m
Mar 31 2021	n/a	n/a	US$740m
Dec 31 2020	US$12m	US$1m	US$683m
Sep 30 2020	n/a	n/a	US$669m
Jun 30 2020	n/a	n/a	US$675m
Mar 31 2020	n/a	n/a	US$748m
Dec 31 2019	US$9m	US$1m	US$678m
Sep 30 2019	n/a	n/a	US$668m
Jun 30 2019	n/a	n/a	US$619m
Mar 31 2019	n/a	n/a	US$587m
Dec 31 2018	US$28m	US$777k	US$591m
Sep 30 2018	n/a	n/a	US$723m
Jun 30 2018	n/a	n/a	US$725m
Mar 31 2018	n/a	n/a	US$701m
Dec 31 2017	US$250k	n/a	US$747m

Compensation vs Market: Rich's total compensation ($USD16.80M) is above average for companies of similar size in the BR market ($USD6.07M).

Compensation vs Earnings: Rich's compensation has been consistent with company performance over the past year.

CEO

Rich Tobin (62 yo)

5.9yrs

Tenure

US$16,795,101

Compensation

Mr. Richard Joseph Tobin, also known as Rich, serves as Chairman of the Board at Dover Corporation since February 10, 2024 and has been its President and Chief Executive Officer since May 01, 2018. He is a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Richard Tobin	President	5.9yrs	US$16.80m	0.19% $ 227.5m
Brad Cerepak	Senior VP & CFO	12.9yrs	US$5.10m	0.010% $ 12.6m
Ivonne Cabrera	Senior VP	11.3yrs	US$2.76m	0.035% $ 42.2m
Kimberly Bors	Senior VP & Chief Human Resources Officer	4.3yrs	US$1.77m	0.0046% $ 5.5m
Girish Juneja	Senior VP & Chief Digital Officer	6.9yrs	US$1.99m	0.0058% $ 7.1m
Ryan Paulson	Principal Accounting Officer	4.9yrs	no data	0.0020% $ 2.5m
Andrey Galiuk	Vice President of Corporate Development & Investor Relations	no data	no data	no data
Adrian Sakowicz	Vice President of Communications	13.3yrs	no data	no data
Stephen Kennon	Senior Vice President	8.2yrs	no data	no data
James Moran	VP & Treasurer	8.4yrs	no data	0.0043% $ 5.2m
Karl Buscher	President of Pump Solutions Group	no data	no data	no data

8.2yrs

Average Tenure

62yo

Average Age

Experienced Management: D1OV34's management team is seasoned and experienced (8.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Richard Tobin	President	7.7yrs	US$16.80m	0.19% $ 227.5m
Michael Johnston	Lead Independent Director	11.2yrs	US$464.93k	0.0029% $ 3.5m
Keith Wandell	Independent Director	8.4yrs	US$305.07k	0.0063% $ 7.7m
Kristiane Graham	Independent Director	25.3yrs	US$285.07k	0.13% $ 155.6m
Deborah DeHaas	Independent Director	3.2yrs	US$285.07k	no data
Marc Howze	Independent Director	less than a year	US$46.05k	no data
Michael Manley	Independent Director	1.2yrs	US$254.62k	no data
Eric Spiegel	Independent Director	7.2yrs	US$300.07k	0.0017% $ 2.1m
Stephen Todd	Independent Director	13.4yrs	US$315.07k	0.0047% $ 5.7m
H. Gilbertson	Independent Director	5.7yrs	US$285.07k	0.0045% $ 5.5m
Danita Ostling	Independent Director	less than a year	US$117.95k	0.00036% $ 436.9k

7.2yrs

Average Tenure

65yo

Average Age

Experienced Board: D1OV34's board of directors are considered experienced (7.2 years average tenure).

Dover Management

Management criteria checks 3/4

Key information

Recent management updates

Dover Corporation, Annual General Meeting, May 03, 2024

Dover Announces Board Changes, Effective February 10, 2024

Dover Board Elects Marc A. Howze as New Independent Director

Dover Corporation Elects Michael Manley as New Independent Director

Dover Corporation, Annual General Meeting, May 07, 2021

Dover Elects Deborah L. Dehaas as New Independent Director

Recent updates

RegO and Dover Introduces Innovative Device and App Update for LPG Tank and Regulator Testing

Dover Corporation to Report Q1, 2024 Results on Apr 25, 2024

Stabilus SE (XTRA:STM) acquired De-Sta-Co from Dover Corporation.

Dover Corporation, Annual General Meeting, May 03, 2024

Dover Announces Board Changes, Effective February 10, 2024

Dover Corporation Declares Regular Quarterly Cash Dividend, Payable on March 15, 2024

Dover Corporation Provides Earnings Guidance for Full Year 2024

Rotary Releases Revolutionary, Patent-Pending, All-Vehicle Lift Arms

Dover Corporation (NYSE:DOV) acquired Transchem Inc.

OPW Retail Fueling Introduces Pre-Plumbed DSE Dispenser Sump

Dover Corporation to Report Q4, 2023 Results on Feb 01, 2024

Dover Board Elects Marc A. Howze as New Independent Director

Dover Declares Regular Quarterly Cash Dividend, Payable on December 15, 2023

Dover Corporation Provides Earnings Guidance for the Year 2023

TWG Launches New Electric Winch

Stabilus SE (XTRA:STM) entered into a definitive agreement to acquire DE-STA-CO from Dover Corporation for an enterprise value of $680 million.

Dover Corporation to Report Q3, 2023 Results on Oct 24, 2023

Wilden Releases New Pro-Flo SHIFT Series and Accu-Flo Series Bolted Plastic AODD Pump Models

Dover Increases Quarterly Cash Dividend, Payable on September 15, 2023

Dover Corporation Provides Earnings Guidance for Full Year 2023

OPW Retail Fueling Launches New TSE Tank Sump

Dover Corporation to Report Q2, 2023 Results on Jul 25, 2023

Metcal Introduces CV-IOT Gateway Module and Desktop Application

Dover Corporation Declares Regular Quarterly Cash Dividend, Payable on June 15, 2023

Dover Corporation Declares Regular Quarterly Cash Dividend, Payable on March 15, 2023

Dover Corporation Elects Michael Manley as New Independent Director

Dover Corporation Provides Earnings Guidance for the Full Year 2023

OPW Retail Fueling Launches 14HC High-Flow Diesel-Capture Nozzle

Rotary and Dover Announces New XA12 Alignment Scissor Lift Offers Wide Service Capacity Range in A Small Footprint

Dover Corporation to Report Q4, 2022 Results on Jan 31, 2023

Dover Corporation Declares Regular Quarterly Cash Dividend, Payable on December 15, 2022

Dover Corporation Provides Financial Guidance for 2022

Heil RevAMP Electric Refuse Collection Body Improves Sustainability and the Bottom Line for Waste Hauling Operations

Dover Corporation to Report Q3, 2022 Results on Oct 20, 2022

Dover Corporation Declares Quarterly Cash Dividend, Payable on September 15, 2022

Dover Corporation Provides Earnings Guidance for the Year 2022

Markem-Imaje Launches Smartlase C600 Co2 Laser Printer

Destaco Introduces 82L-3E Series Power Clamps

Dover Fueling Solutions Launches New Innovative Products and Solutions for the Retail Fueling Market

Dover Corporation to Report Q2, 2022 Results on Jul 21, 2022

Anthony Expands Door Offering with Kodiak Super Duty Pass-Thru Door

Dover Corporation Declares Regular Quarterly Cash Dividend, Payable on June 15, 2022

Dover Corporation Provides Earnings Guidance for the Fiscal Year 2022

Dover Corporation to Report Q1, 2022 Results on Apr 21, 2022

Dover Corporation Declares Regular Quarterly Cash Dividend, Payable on March 15, 2022

Dover Corporation Provides Earning Guidance for Full Year 2022

Dover Corporation (NYSE:DOV) acquired Acme Cryogenics, Inc. for approximately $300 million.

Electrolux Professional AB (publ) (OM:EPRO B) completed the acquisition of Unified Brands, Inc. from Dover Corporation (NYSE:DOV) on December 1, 2021.

Forward Lift Introduces New Frame-Engaging Mobile Column Lift Adapters

Rotary Expands Wheel Service Product Line with R1200 Leverless Pro Tire Changer and R1065 Mobile Tablet Aligner

Dover Corporation(NYSE:DOV) dropped from Russell 1000 Dynamic Index

Dover Announces the Availability of Its New Sliding Vane Pump

Dover Corporation Declares Regular Quarterly Cash Dividend, payable on June 15, 2021

Dover Corporation, Annual General Meeting, May 07, 2021

Destaco Introduces TC1 Quick-Install Manual Tool Changer for Cobots

Dover Elects Deborah L. Dehaas as New Independent Director

Dover Fueling Solutions, Part of Dover Announces the Launch of the DFS DX™ Connected Solutions Platform

Dover Corporation to Report Q4, 2020 Results on Jan 28, 2021

Dover Corporation (NYSE:DOV) acquired Innovative Control Systems, Inc.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age