AAON, Inc.

XTRA:AAO Stock Report

Market Cap: €8.6b

AAON Management

Management criteria checks 3/4

AAON's CEO is Matt Tobolski, appointed in Jan 2024, has a tenure of 2.42 years. total yearly compensation is $3.66M, comprised of 19.5% salary and 80.5% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth €37.72M. The average tenure of the management team and the board of directors is 2.4 years and 9.1 years respectively.

Key information

Matt Tobolski

Chief executive officer

US$3.7m

Total compensation

CEO salary percentage19.50%
CEO tenure2.4yrs
CEO ownership0.4%
Management average tenure2.4yrs
Board average tenure9.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Tobolski's remuneration changed compared to AAON's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$118m

Dec 31 2025US$4mUS$713k

US$108m

Sep 30 2025n/an/a

US$100m

Jun 30 2025n/an/a

US$122m

Mar 31 2025n/an/a

US$159m

Dec 31 2024US$1mUS$504k

US$169m

Compensation vs Market: Matt's total compensation ($USD3.66M) is below average for companies of similar size in the German market ($USD5.53M).

Compensation vs Earnings: Matt's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Matt Tobolski (42 yo)

2.4yrs
Tenure
US$3,656,082
Compensation

Dr. Matthew J. Tobolski, also known as Matt, Ph D., SE, has been CEO & Director of AAON, Inc. since May 13, 2025 and serves as its President since January 01, 2024 and served as its COO since January 01, 2...


Leadership Team

NamePositionTenureCompensationOwnership
Matthew Tobolski
President2.4yrsUS$3.66m0.41%
€ 35.2m
Norman Asbjornson
Founder & Directorno dataUS$230.10k15.74%
€ 1.4b
Rebecca Thompson
Chief Accounting Officer & Treasurer9.4yrsUS$1.08m0.034%
€ 2.9m
Casey Kidwell
Chief Administration Officer4.1yrsUS$794.68k0.019%
€ 1.7m
Gary Fields
Special Advisor & Directorno dataUS$1.61m0.038%
€ 3.2m
Stephen Wakefield
Consultant & Principal Engineering Advisor2.4yrsUS$906.04k0.036%
€ 3.1m
Matthew Shaub
Executive VP & GM of the BASX Products Business Unit1.4yrsUS$734.63k0.0028%
€ 240.7k
Chung Cheung
Executive VP & CFOless than a yearno data0.021%
€ 1.8m
Roberto Giacomelli
Senior Vice President of Operationsless than a yearno datano data
Joseph Mondillo
Director of Investor Relations & Corporate Strategy5.6yrsno datano data
Luke Bomer
General Counsel & Secretaryless than a yearno data0.00091%
€ 78.2k
Andrew Edmondson
Executive Director of Sales & Marketing2.4yrsno datano data
2.4yrs
Average Tenure
49yo
Average Age

Experienced Management: AAO's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Matthew Tobolski
President1.1yrsUS$3.66m0.41%
€ 35.2m
Norman Asbjornson
Founder & Director38.4yrsUS$230.10k15.74%
€ 1.4b
Gary Fields
Special Advisor & Director11.1yrsUS$1.61m0.038%
€ 3.2m
Arthur McElroy
Independent Chairman18.9yrsUS$337.80k0.17%
€ 14.3m
Caron Lawhorn
Independent Vice Chairman7.4yrsUS$309.68k0.023%
€ 2.0m
Stephen LeClair
Independent Director9.1yrsUS$249.68k0.039%
€ 3.3m
David Stewart
Independent Director4.7yrsUS$249.68k0.016%
€ 1.4m
Angela Kouplen
Independent Director10.1yrsUS$256.10k0.048%
€ 4.1m
Bruce Ware
Independent Director4.7yrsUS$248.55k0.012%
€ 1.0m
9.1yrs
Average Tenure
63yo
Average Age

Experienced Board: AAO's board of directors are considered experienced (9.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 03:22
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AAON, Inc. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WojsBaird
Christopher MooreCJS Securities, Inc.
Brent ThielmanD.A. Davidson & Co.