Toro Management
Management criteria checks 2/4
Toro's CEO is Rick Olson, appointed in Sep 2015, has a tenure of 9.42 years. total yearly compensation is $9.03M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth €3.02M. The average tenure of the management team and the board of directors is 2.8 years and 5.9 years respectively.
Key information
Rick Olson
Chief executive officer
US$9.0m
Total compensation
| CEO salary percentage | 12.5% |
| CEO tenure | 9.4yrs |
| CEO ownership | 0.04% |
| Management average tenure | 2.8yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2024 | n/a | n/a | US$419m |
| Aug 02 2024 | n/a | n/a | US$399m |
| May 03 2024 | n/a | n/a | US$265m |
| Feb 02 2024 | n/a | n/a | US$288m |
| Oct 31 2023 | US$9m | US$1m | US$330m |
| Aug 04 2023 | n/a | n/a | US$377m |
| May 05 2023 | n/a | n/a | US$517m |
| Feb 03 2023 | n/a | n/a | US$481m |
| Oct 31 2022 | US$7m | US$1m | US$443m |
| Jul 29 2022 | n/a | n/a | US$386m |
| Apr 29 2022 | n/a | n/a | US$357m |
| Jan 28 2022 | n/a | n/a | US$368m |
| Oct 31 2021 | US$9m | US$1m | US$410m |
| Jul 30 2021 | n/a | n/a | US$422m |
| Apr 30 2021 | n/a | n/a | US$415m |
| Jan 29 2021 | n/a | n/a | US$371m |
| Oct 31 2020 | US$6m | US$871k | US$330m |
| Jul 31 2020 | n/a | n/a | US$296m |
| May 01 2020 | n/a | n/a | US$267m |
| Jan 31 2020 | n/a | n/a | US$285m |
| Oct 31 2019 | US$5m | US$925k | US$274m |
| Aug 02 2019 | n/a | n/a | US$275m |
| May 03 2019 | n/a | n/a | US$293m |
| Feb 01 2019 | n/a | n/a | US$309m |
| Oct 31 2018 | US$5m | US$875k | US$272m |
Compensation vs Market: Rick's total compensation ($USD9.03M) is above average for companies of similar size in the German market ($USD3.18M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% in the past year.
CEO
Rick Olson (60 yo)
9.4yrs
Tenure
US$9,025,811
Compensation
Mr. Richard M. Olson, also known as Rick, serves as Director at Donaldson Company, Inc since January 27, 2022. He has been the Chief Executive Officer of The Toro Company since November 1, 2016 and has bee...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.4yrs | US$9.03m | 0.038% € 3.0m | |
| VP & CFO | 1.9yrs | US$2.09m | 0.0066% € 521.6k | |
| VP of Global Operations & Integrated Supply Chain | 3.3yrs | US$3.38m | 0.0078% € 616.6k | |
| Vice President of Technology | 4.3yrs | no data | 0.022% € 1.7m | |
| Treasurer | no data | no data | no data | |
| VP, General Counsel & Corporate Secretary | 1.7yrs | US$1.86m | 0.0023% € 183.8k | |
| Senior Manager of Public Relations | no data | no data | no data | |
| Vice President of Strategy | 1.6yrs | no data | 0.0018% € 143.7k | |
| Managing Director of Distributor Development | 9.8yrs | no data | no data | |
| Director | no data | no data | no data | |
| Vice President of Ditch Witch | no data | no data | 0.0024% € 190.1k | |
| Group VP of Golf | 2.3yrs | no data | 0.0056% € 438.3k |
2.8yrs
Average Tenure
56yo
Average Age
Experienced Management: TO2's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.1yrs | US$9.03m | 0.038% € 3.0m | |
| Independent Director | 8.8yrs | US$245.05k | 0.013% € 989.7k | |
| Lead Independent Director | 18.7yrs | US$278.26k | 0.034% € 2.6m | |
| Independent Director | 5.9yrs | US$274.68k | 0.0080% € 630.0k | |
| Independent Director | 12.5yrs | US$276.99k | 0.027% € 2.1m | |
| Independent Director | 2.9yrs | US$240.39k | 0.0029% € 231.7k | |
| Independent Director | 1.1yrs | US$95.08k | 0.0025% € 196.4k | |
| Independent Director | 5.9yrs | US$261.68k | 0.0055% € 432.8k | |
| Independent Director | 2.9yrs | US$260.00k | 0.0048% € 379.4k |
5.9yrs
Average Tenure
59yo
Average Age
Experienced Board: TO2's board of directors are considered experienced (5.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 12:13 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Toro Company is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Ross Gilardi | BofA Global Research |
| Ana Garcia | CFRA Equity Research |