The Manitowoc Company, Inc.

DB:MNGN Stock Report

Market Cap: €361.8m

Manitowoc Company Management

Management criteria checks 2/4

Manitowoc Company's CEO is Aaron Ravenscroft, appointed in Aug 2020, has a tenure of 4.25 years. total yearly compensation is $6.70M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth €2.40M. The average tenure of the management team and the board of directors is 2.8 years and 4.9 years respectively.

Key information

Aaron Ravenscroft

Chief executive officer

US$6.7m

Total compensation

CEO salary percentage14.1%
CEO tenure4.3yrs
CEO ownership0.7%
Management average tenure2.8yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Aaron Ravenscroft's remuneration changed compared to Manitowoc Company's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$9m

Jun 30 2024n/an/a

US$9m

Mar 31 2024n/an/a

US$27m

Dec 31 2023US$7mUS$944k

US$39m

Sep 30 2023n/an/a

-US$97m

Jun 30 2023n/an/a

-US$105m

Mar 31 2023n/an/a

-US$110m

Dec 31 2022US$6mUS$887k

-US$124m

Sep 30 2022n/an/a

US$17m

Jun 30 2022n/an/a

US$14m

Mar 31 2022n/an/a

US$17m

Dec 31 2021US$5mUS$800k

US$11m

Sep 30 2021n/an/a

US$16m

Jun 30 2021n/an/a

US$16m

Mar 31 2021n/an/a

-US$14m

Dec 31 2020US$3mUS$638k

-US$19m

Sep 30 2020n/an/a

-US$12m

Jun 30 2020n/an/a

US$7m

Mar 31 2020n/an/a

US$66m

Dec 31 2019US$3mUS$481k

US$47m

Sep 30 2019n/an/a

-US$41m

Jun 30 2019n/an/a

-US$47m

Mar 31 2019n/an/a

-US$84m

Dec 31 2018US$2mUS$428k

-US$67m

Sep 30 2018n/an/a

US$47m

Jun 30 2018n/an/a

US$45m

Mar 31 2018n/an/a

US$36m

Dec 31 2017US$2mUS$387k

US$10m

Compensation vs Market: Aaron's total compensation ($USD6.70M) is above average for companies of similar size in the German market ($USD1.03M).

Compensation vs Earnings: Aaron's compensation has increased whilst the company is unprofitable.

CEO

Aaron Ravenscroft (46 yo)

4.3yrs

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

NamePositionTenureCompensationOwnership
Aaron Ravenscroft
President4.3yrsUS$6.70m0.66%
€ 2.4m
Brian Regan
Executive VP2.5yrsUS$2.16m0.14%
€ 510.7k
Jennifer Peterson
Executive VP2.5yrsUS$1.49m0.16%
€ 585.4k
James Cook
Executive Vice President of Human Resources2.3yrsUS$1.51m0.12%
€ 433.8k
Leslie Middleton
Executive Vice President of Americas & EU Mobile Cranes4yrsUS$1.93m0.19%
€ 700.0k
Ryan Palmer
VP, Corporate Controller & Principal Accounting Officer2.8yrsno data0.036%
€ 129.8k
Ion Warner
Vice President of Marketing & Investor Relations10.3yrsno datano data

2.8yrs

Average Tenure

46.5yo

Average Age

Experienced Management: MNGN's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Aaron Ravenscroft
President4.3yrsUS$6.70m0.66%
€ 2.4m
C. Myers
Independent Director8.7yrsUS$246.24k0.20%
€ 727.0k
Robert Bohn
Independent Lead Director10.5yrsUS$242.49k0.17%
€ 603.2k
Kenneth Krueger
Independent Chairman20.8yrsUS$341.24k0.42%
€ 1.5m
Anne Cooney
Independent Director8.7yrsUS$241.24k0.20%
€ 735.0k
Robert Malone
Independent Director3.1yrsUS$227.49k0.051%
€ 186.2k
Anne Belec
Independent Director4.9yrsUS$233.74k0.11%
€ 410.2k
Ryan Gwillim
Independent Directorless than a yearno datano data
Amy Davis
Independent Director3.1yrsUS$229.99k0.051%
€ 186.2k

4.9yrs

Average Tenure

61yo

Average Age

Experienced Board: MNGN's board of directors are considered experienced (4.9 years average tenure).