Manitowoc Company Management
Management criteria checks 3/4
Manitowoc Company's CEO is Aaron Ravenscroft, appointed in Aug 2020, has a tenure of 3.75 years. total yearly compensation is $6.70M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 0.65% of the company’s shares, worth €2.63M. The average tenure of the management team and the board of directors is 2.3 years and 4.4 years respectively.
Key information
Aaron Ravenscroft
Chief executive officer
US$6.7m
Total compensation
| CEO salary percentage | 14.1% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2.3yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$27m |
| Dec 31 2023 | US$7m | US$944k | US$39m |
| Sep 30 2023 | n/a | n/a | -US$97m |
| Jun 30 2023 | n/a | n/a | -US$105m |
| Mar 31 2023 | n/a | n/a | -US$110m |
| Dec 31 2022 | US$6m | US$887k | -US$124m |
| Sep 30 2022 | n/a | n/a | US$17m |
| Jun 30 2022 | n/a | n/a | US$14m |
| Mar 31 2022 | n/a | n/a | US$17m |
| Dec 31 2021 | US$5m | US$800k | US$11m |
| Sep 30 2021 | n/a | n/a | US$16m |
| Jun 30 2021 | n/a | n/a | US$16m |
| Mar 31 2021 | n/a | n/a | -US$14m |
| Dec 31 2020 | US$3m | US$638k | -US$19m |
| Sep 30 2020 | n/a | n/a | -US$12m |
| Jun 30 2020 | n/a | n/a | US$7m |
| Mar 31 2020 | n/a | n/a | US$66m |
| Dec 31 2019 | US$3m | US$481k | US$47m |
| Sep 30 2019 | n/a | n/a | -US$41m |
| Jun 30 2019 | n/a | n/a | -US$47m |
| Mar 31 2019 | n/a | n/a | -US$84m |
| Dec 31 2018 | US$2m | US$428k | -US$67m |
| Sep 30 2018 | n/a | n/a | US$47m |
| Jun 30 2018 | n/a | n/a | US$45m |
| Mar 31 2018 | n/a | n/a | US$36m |
| Dec 31 2017 | US$2m | US$387k | US$10m |
Compensation vs Market: Aaron's total compensation ($USD6.70M) is above average for companies of similar size in the German market ($USD1.02M).
Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.
CEO
Aaron Ravenscroft (45 yo)
3.8yrs
Tenure
US$6,698,208
Compensation
Mr. Aaron H. Ravenscroft serves as President, Chief Executive Officer and Director of The Manitowoc Company, Inc. since August 5, 2020 and served as its Executive Vice President of Cranes since September 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$6.70m | 0.65% $ 2.6m | |
| Executive VP | 2yrs | US$2.16m | 0.13% $ 538.2k | |
| Executive VP | 2yrs | US$1.49m | 0.16% $ 660.0k | |
| Executive Vice President of Human Resources | 1.8yrs | US$1.51m | 0.11% $ 454.5k | |
| Executive Vice President of Americas & EU Mobile Cranes | 3.5yrs | US$1.93m | 0.19% $ 771.9k | |
| VP, Corporate Controller & Principal Accounting Officer | 2.3yrs | no data | 0.035% $ 143.1k | |
| Vice President of Marketing & Investor Relations | 9.8yrs | no data | no data |
2.3yrs
Average Tenure
45.5yo
Average Age
Experienced Management: MNGN's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$6.70m | 0.65% $ 2.6m | |
| Independent Director | 8.2yrs | US$246.24k | 0.20% $ 801.6k | |
| Independent Lead Director | 10yrs | US$242.49k | 0.16% $ 665.1k | |
| Independent Chairman | 20.3yrs | US$341.24k | 0.41% $ 1.7m | |
| Independent Director | 8.2yrs | US$241.24k | 0.20% $ 810.5k | |
| Independent Director | 2.6yrs | US$227.49k | 0.051% $ 205.3k | |
| Independent Director | 4.4yrs | US$233.74k | 0.11% $ 452.4k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.6yrs | US$229.99k | 0.051% $ 205.3k |
4.4yrs
Average Tenure
60yo
Average Age
Experienced Board: MNGN's board of directors are considered experienced (4.4 years average tenure).