Alamo Group Management

Management criteria checks 2/4

Alamo Group's CEO is Jeff Leonard, appointed in May 2021, has a tenure of 2.92 years. total yearly compensation is $4.79M, comprised of 17.4% salary and 82.6% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth €6.82M. The average tenure of the management team and the board of directors is 3 years and 6.4 years respectively.

Key information

Jeff Leonard

Chief executive officer

US$4.8m

Total compensation

CEO salary percentage	17.4%
CEO tenure	3yrs
CEO ownership	0.3%
Management average tenure	3yrs
Board average tenure	6.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jeff Leonard's remuneration changed compared to Alamo Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$135m
Dec 31 2023	US$5m	US$832k	US$136m
Sep 30 2023	n/a	n/a	US$134m
Jun 30 2023	n/a	n/a	US$125m
Mar 31 2023	n/a	n/a	US$117m
Dec 31 2022	US$3m	US$790k	US$102m
Sep 30 2022	n/a	n/a	US$92m
Jun 30 2022	n/a	n/a	US$84m
Mar 31 2022	n/a	n/a	US$81m
Dec 31 2021	US$3m	US$625k	US$80m
Sep 30 2021	n/a	n/a	US$70m
Jun 30 2021	n/a	n/a	US$73m
Mar 31 2021	n/a	n/a	US$60m
Dec 31 2020	US$1m	US$445k	US$58m
Sep 30 2020	n/a	n/a	US$58m
Jun 30 2020	n/a	n/a	US$56m
Mar 31 2020	n/a	n/a	US$63m
Dec 31 2019	US$1m	US$388k	US$63m
Sep 30 2019	n/a	n/a	US$70m
Jun 30 2019	n/a	n/a	US$76m
Mar 31 2019	n/a	n/a	US$74m
Dec 31 2018	US$911k	US$369k	US$73m
Sep 30 2018	n/a	n/a	US$60m
Jun 30 2018	n/a	n/a	US$53m
Mar 31 2018	n/a	n/a	US$47m
Dec 31 2017	US$921k	US$345k	US$44m

Compensation vs Market: Jeff's total compensation ($USD4.79M) is above average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.

CEO

Jeff Leonard (63 yo)

3yrs

Tenure

US$4,789,390

Compensation

Mr. Jeffery A. Leonard, also known as Jeff, has been a Director at Alamo Group Inc. since June 1, 2021. Mr. Leonard has been President and Chief Executive Officer at Alamo Group Inc. since May 31, 2021. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jeffery Leonard	President	3yrs	US$4.79m	0.31% $ 6.8m
Richard Wehrle	Executive VP	23yrs	US$1.67m	0.22% $ 4.8m
Edward Rizzuti	EVP, Chief Legal Officer & Secretary	8.8yrs	US$1.40m	0.067% $ 1.5m
Richard Raborn	Executive Vice President of Vegetation Management Division	9.1yrs	US$1.51m	0.094% $ 2.1m
Michael Haberman	Executive Vice-President of Industrial Equipment Division	2.8yrs	US$1.42m	0.13% $ 2.9m
Ian Eckert	VP, Corporate Controller & Chief Accounting Officer	less than a year	no data	0.0027% $ 58.1k
Janet Pollock	Senior Vice President of Human Resources	6yrs	no data	0.030% $ 656.0k
Dan Malone	Executive VP & Chief Sustainability Officer	2.8yrs	US$895.84k	0.062% $ 1.4m
Agnes Kamps	Executive VP & Treasurer	less than a year	no data	0.012% $ 253.8k

3.0yrs

Average Tenure

63yo

Average Age

Experienced Management: AL3's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jeffery Leonard	President	2.9yrs	US$4.79m	0.31% $ 6.8m
Richard Parod	Independent Director	6.4yrs	US$205.04k	0.062% $ 1.4m
Roderick Baty	Independent Chairman of the Board	12.8yrs	US$280.46k	0.19% $ 4.1m
Lorie Tekorius	Independent Director	4.4yrs	US$205.46k	0.031% $ 682.2k
Robert Bauer	Independent Director	8.8yrs	US$205.46k	0.085% $ 1.9m
Eric Etchart	Independent Director	8.8yrs	US$216.46k	0.087% $ 1.9m
Tracy Jokinen	Independent Director	7.8yrs	US$220.46k	0.058% $ 1.3m
Paul Householder	Independent Director	less than a year	no data	0.0011% $ 23.4k
Nina Grooms	Independent Director	2.4yrs	US$195.04k	0.017% $ 371.1k

6.4yrs

Average Tenure

63yo

Average Age

Experienced Board: AL3's board of directors are considered experienced (6.4 years average tenure).

Alamo Group Management

Management criteria checks 2/4

Key information

Recent management updates

Insider recently sold €368k worth of stock

Alamo Group Inc. Announces Board Changes

Executive VP & CFO recently sold €254k worth of stock

Executive VP recently sold €69k worth of stock

Insider recently sold €205k worth of stock

Independent Director recently bought €55k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$2.69 (vs US$2.80 in 1Q 2023)

Alamo Group Inc. to Report Q1, 2024 Results on May 02, 2024

Fourth quarter dividend of US$0.26 announced

Alamo Group Inc. Declares Quarterly Dividend, Payable on April 29, 2024

Insider recently sold €368k worth of stock

Full year 2023 earnings released: EPS: US$11.42 (vs US$8.58 in FY 2022)

Alamo Group Inc. Announces Board Changes

Alamo Group Inc. to Report Q4, 2023 Results on Feb 22, 2024

Alamo Group Inc. Declares Regular Quarterly Dividend, Payable on January 29, 2024

Third quarter 2023 earnings released: EPS: US$2.93 (vs US$2.17 in 3Q 2022)

Alamo Group Inc. to Report Q3, 2023 Results on Nov 02, 2023

Alamo Group Inc. (NYSE:ALG) acquired 100% stake in Royal Truck and Equipment, Inc..

Alamo Group Inc. Declares Regular Quarterly Dividend, Payable on October 31, 2023

Second quarter 2023 earnings released: EPS: US$3.05 (vs US$2.40 in 2Q 2022)

Alamo Group Inc. to Report Q2, 2023 Results on Aug 02, 2023

Now 22% undervalued

Executive VP & CFO recently sold €254k worth of stock

First quarter 2023 earnings released: EPS: US$2.80 (vs US$1.56 in 1Q 2022)

Executive VP recently sold €69k worth of stock

Full year 2022 earnings released: EPS: US$8.58 (vs US$6.78 in FY 2021)

Upcoming dividend of US$0.22 per share

Alamo Group Inc. Declares Quarterly Dividend, Payable on February 1, 2023

Third quarter 2022 earnings released: EPS: US$2.17 (vs US$1.48 in 3Q 2021)

Alamo Group Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Alamo Group Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Alamo Group Inc. to Report Q3, 2022 Results on Nov 03, 2022

Alamo Group Inc. Approves Quarterly Dividend, Payable November 1, 2022

Insider recently sold €205k worth of stock

Second quarter 2022 earnings released: EPS: US$2.40 (vs US$2.20 in 2Q 2021)

Alamo Group Inc. Announces Operational Guidance for the Third Quarter of 2022

Alamo Group Inc. to Report Q2, 2022 Results on Aug 03, 2022

Alamo Group Inc. Declares Regular Quarterly Cash Dividend, Payable on August 1, 2022

Independent Director recently bought €55k worth of stock

First quarter 2022 earnings released: EPS: US$1.56 (vs US$1.48 in 1Q 2021)

Now 21% undervalued after recent price drop

Alamo Group Inc. Declares Regular Quarterly Dividend, Payable on May 2, 2022

Independent Director recently bought €91k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Alamo Group Inc. to Report Q4, 2021 Results on Feb 24, 2022

Third quarter 2021 earnings released: EPS US$1.48 (vs US$1.70 in 3Q 2020)

Director recently sold €109k worth of stock

Director recently sold €93k worth of stock

Insider recently sold €201k worth of stock

Second quarter 2021 earnings released: EPS US$2.20 (vs US$1.10 in 2Q 2020)

Upcoming dividend of US$0.14 per share

Strategic Advisor & Director recently sold €782k worth of stock

President recently sold €434k worth of stock

VP, General Counsel & Secretary recently sold €62k worth of stock

First quarter 2021 earnings released: EPS US$1.48 (vs US$1.32 in 1Q 2020)

Upcoming dividend of US$0.14 per share

Alamo Group Inc., Annual General Meeting, May 06, 2021

Executive VP & CFO recently sold €662k worth of stock

Full year 2020 earnings released: EPS US$4.81 (vs US$5.36 in FY 2019)

Revenue misses expectations

New 90-day high: €130

Alamo Group Inc. to Report Q4, 2020 Results on Feb 25, 2021

New 90-day high: €121

Ron Robinson to Retire as President of Alamo Group by Mid-Year 2021

New 90-day high: €121

New 90-day high: €103

Third-quarter earnings released: Revenue beats expectations

Third quarter earnings released

New 90-day high: €96.24

Insider recently sold €97.6k worth of stock

Alamo Group Inc. to Report Q2, 2020 Results on Jul 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation