Titan Machinery Management
Management criteria checks 3/4
Titan Machinery's CEO is Bj Knutson, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is $1.38M, comprised of 37.5% salary and 62.5% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth €1.73M. The average tenure of the management team and the board of directors is 2.3 years and 7.2 years respectively.
Key information
Bj Knutson
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 37.5% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.3yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | US$1m | US$517k | US$111m |
| Oct 31 2023 | n/a | n/a | US$105m |
| Jul 31 2023 | n/a | n/a | US$116m |
| Apr 30 2023 | n/a | n/a | US$110m |
| Jan 31 2023 | US$2m | US$470k | US$101m |
| Oct 31 2022 | n/a | n/a | US$105m |
| Jul 31 2022 | n/a | n/a | US$86m |
| Apr 30 2022 | n/a | n/a | US$72m |
| Jan 31 2022 | US$1m | US$395k | US$65m |
| Oct 31 2021 | n/a | n/a | US$44m |
| Jul 31 2021 | n/a | n/a | US$32m |
| Apr 30 2021 | n/a | n/a | US$27m |
| Jan 31 2021 | US$1m | US$363k | US$19m |
| Oct 31 2020 | n/a | n/a | US$19m |
| Jul 31 2020 | n/a | n/a | US$17m |
| Apr 30 2020 | n/a | n/a | US$16m |
| Jan 31 2020 | US$760k | US$357k | US$14m |
| Oct 31 2019 | n/a | n/a | US$11m |
| Jul 31 2019 | n/a | n/a | US$13m |
| Apr 30 2019 | n/a | n/a | US$13m |
| Jan 31 2019 | US$648k | US$343k | US$12m |
| Oct 31 2018 | n/a | n/a | US$16m |
| Jul 31 2018 | n/a | n/a | US$8m |
| Apr 30 2018 | n/a | n/a | -US$3m |
| Jan 31 2018 | US$437k | US$310k | -US$7m |
Compensation vs Market: Bj's total compensation ($USD1.38M) is above average for companies of similar size in the German market ($USD993.35K).
Compensation vs Earnings: Bj's compensation has been consistent with company performance over the past year.
CEO
Bj Knutson (45 yo)
2.3yrs
Tenure
US$1,376,411
Compensation
Mr. Bryan J. Knutson, also known as Bj, had been the Chief Operating Officer of Titan Machinery Inc. since August 2017 until February 01, 2024 and serves as President since 2022 and serves as its Chief Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board & Co-Founder | 44.3yrs | US$503.96k | 8.29% $ 38.8m | |
| President | 2.3yrs | US$1.38m | 0.37% $ 1.7m | |
| CFO & Treasurer | 1.4yrs | US$1.10m | 0.072% $ 336.0k | |
| Vice President of Human Resources & Administration | 8.8yrs | no data | no data | |
| General Counsel | 8.8yrs | no data | no data |
2.3yrs
Average Tenure
45yo
Average Age
Experienced Management: 3TY's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board & Co-Founder | 44.3yrs | US$503.96k | 8.29% $ 38.8m | |
| President | less than a year | US$1.38m | 0.37% $ 1.7m | |
| Independent Director | 21.3yrs | US$135.00k | 1.05% $ 4.9m | |
| Independent Director | 8.9yrs | US$160.00k | 0.17% $ 786.2k | |
| Independent Director | 2.3yrs | US$135.00k | 0.029% $ 137.9k | |
| Independent Director | 6.2yrs | US$145.00k | 0.10% $ 487.9k | |
| Lead Independent Director | 7.2yrs | US$150.00k | 0.19% $ 875.1k | |
| Independent Director | 8.8yrs | US$145.00k | 0.17% $ 774.9k | |
| Independent Director | less than a year | no data | 0.0044% $ 20.6k |
7.2yrs
Average Tenure
61yo
Average Age
Experienced Board: 3TY's board of directors are considered experienced (7.2 years average tenure).