Douglas Dynamics Management
Management criteria checks 3/4
Douglas Dynamics' CEO is Bob McCormick, appointed in Jan 2019, has a tenure of 5.42 years. total yearly compensation is $2.49M, comprised of 30.4% salary and 69.6% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth €5.19M. The average tenure of the management team and the board of directors is 5.4 years and 12 years respectively.
Key information
Bob McCormick
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 30.4% |
| CEO tenure | 5.4yrs |
| CEO ownership | 1.0% |
| Management average tenure | 5.4yrs |
| Board average tenure | 12yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$28m |
| Dec 31 2023 | US$2m | US$757k | US$23m |
| Sep 30 2023 | n/a | n/a | US$28m |
| Jun 30 2023 | n/a | n/a | US$35m |
| Mar 31 2023 | n/a | n/a | US$29m |
| Dec 31 2022 | US$4m | US$721k | US$38m |
| Sep 30 2022 | n/a | n/a | US$35m |
| Jun 30 2022 | n/a | n/a | US$29m |
| Mar 31 2022 | n/a | n/a | US$26m |
| Dec 31 2021 | US$3m | US$700k | US$30m |
| Sep 30 2021 | n/a | n/a | US$40m |
| Jun 30 2021 | n/a | n/a | US$42m |
| Mar 31 2021 | n/a | n/a | -US$76m |
| Dec 31 2020 | US$2m | US$656k | -US$87m |
| Sep 30 2020 | n/a | n/a | -US$93m |
| Jun 30 2020 | n/a | n/a | -US$90m |
| Mar 31 2020 | n/a | n/a | US$39m |
| Dec 31 2019 | US$2m | US$575k | US$49m |
| Sep 30 2019 | n/a | n/a | US$52m |
| Jun 30 2019 | n/a | n/a | US$49m |
| Mar 31 2019 | n/a | n/a | US$45m |
| Dec 31 2018 | US$1m | US$464k | US$43m |
| Sep 30 2018 | n/a | n/a | US$63m |
| Jun 30 2018 | n/a | n/a | US$62m |
| Mar 31 2018 | n/a | n/a | US$56m |
| Dec 31 2017 | US$1m | US$402k | US$55m |
Compensation vs Market: Bob's total compensation ($USD2.49M) is above average for companies of similar size in the German market ($USD1.07M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
CEO
Bob McCormick (63 yo)
5.4yrs
Tenure
US$2,490,873
Compensation
Mr. Robert L. McCormick, also known as Bob, is Independent Director at Mayville Engineering Company, Inc. since December 21, 2022. He has been President, Chief Executive Officer and Director of Douglas Dyn...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 20.4yrs | US$260.43k | 0.58% $ 3.1m | |
| President | 5.4yrs | US$2.49m | 0.98% $ 5.2m | |
| Executive VP | 6.8yrs | US$1.03m | 0.19% $ 997.8k | |
| Chief Human Resources Officer | 16yrs | US$578.64k | 0.14% $ 726.7k | |
| President of Work Truck Attachments | 1.4yrs | US$581.99k | 0.039% $ 205.2k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Director of Operational Excellence | no data | no data | no data | |
| VP, Corporate Controller & Treasurer | no data | no data | 0.041% $ 216.4k | |
| Director of Organizational Development | no data | no data | no data |
5.4yrs
Average Tenure
60yo
Average Age
Experienced Management: 5D4's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 20.4yrs | US$260.43k | 0.58% $ 3.1m | |
| President | 5.4yrs | US$2.49m | 0.98% $ 5.2m | |
| Independent Director | 12.9yrs | US$200.43k | 0.15% $ 815.8k | |
| Independent Director | 12yrs | US$195.43k | 0.15% $ 769.7k | |
| Lead Independent Director | 13.7yrs | US$203.32k | 0.16% $ 857.7k | |
| Independent Director | 3.7yrs | US$190.82k | 0.057% $ 300.3k | |
| Independent Director | 1.8yrs | US$186.86k | 0.038% $ 199.1k |
12.0yrs
Average Tenure
63yo
Average Age
Experienced Board: 5D4's board of directors are seasoned and experienced ( 12 years average tenure).