Polaris Inc.

DB:PL6 Stock Report

Market Cap: €2.8b

Polaris Management

Management criteria checks 2/4

Polaris' CEO is Mike Speetzen, appointed in Apr 2021, has a tenure of 4.92 years. total yearly compensation is $11.14M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.039% of the company’s shares, worth €1.08M. The average tenure of the management team and the board of directors is 3 years and 10.2 years respectively.

Key information

Mike Speetzen

Chief executive officer

US$11.1m

Total compensation

CEO salary percentage10.92%
CEO tenure4.9yrs
CEO ownership0.04%
Management average tenure3yrs
Board average tenure10.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Speetzen's remuneration changed compared to Polaris's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$11mUS$1m

-US$465m

Sep 30 2025n/an/a

-US$151m

Jun 30 2025n/an/a

-US$108m

Mar 31 2025n/an/a

US$40m

Dec 31 2024US$9mUS$1m

US$111m

Sep 30 2024n/an/a

US$204m

Jun 30 2024n/an/a

US$328m

Mar 31 2024n/an/a

US$393m

Dec 31 2023US$9mUS$1m

US$503m

Sep 30 2023n/an/a

US$596m

Jun 30 2023n/an/a

US$635m

Mar 31 2023n/an/a

US$642m

Dec 31 2022US$9mUS$1m

US$603m

Sep 30 2022n/an/a

US$497m

Jun 30 2022n/an/a

US$424m

Mar 31 2022n/an/a

US$437m

Dec 31 2021US$10mUS$1m

US$496m

Sep 30 2021n/an/a

US$604m

Jun 30 2021n/an/a

US$654m

Mar 31 2021n/an/a

US$263m

Dec 31 2020US$4mUS$644k

US$360m

Sep 30 2020n/an/a

US$25m

Jun 30 2020n/an/a

-US$53m

Mar 31 2020n/an/a

US$270m

Dec 31 2019US$3mUS$624k

US$324m

Compensation vs Market: Mike's total compensation ($USD11.14M) is above average for companies of similar size in the German market ($USD2.18M).

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


CEO

Mike Speetzen (56 yo)

4.9yrs
Tenure
US$11,144,637
Compensation

Mr. Michael Todd Speetzen, also known as Mike, serves as the Chief Executive Officer of Polaris Inc. since April 30, 2021 and its Director since May 2021. He had been an Interim Chief Executive Officer at...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Speetzen
CEO & Director4.9yrsUS$11.14m0.039%
€ 1.1m
Robert Mack
CFO, Executive VP of Finance & Corporate Development9.9yrsUS$5.40m0.14%
€ 3.9m
James Williams
Senior VP & Chief Human Resources Officer14.9yrsUS$3.67m0.083%
€ 2.3m
Benjamin Duke
President of Marine3.8yrsUS$3.61m0.00067%
€ 18.6k
Marc Suarez
Vice President of Global Operationsless than a yearno datano data
Tony Kinsman
VP of Off Road Engineering & CTO2.2yrsno datano data
Victor Koelsch
Senior VP and Chief Digital & Information Officerno datano datano data
J.C. Weigelt
Vice President of Investor Relations4.2yrsno datano data
Matthew Winings
Senior VP1yrno data0.022%
€ 617.8k
Andrew Williams
President of Parts1.2yrsno datano data
Reid Wilson
President of Off-Road Vehicles1.3yrsno datano data
3.0yrs
Average Tenure
55.5yo
Average Age

Experienced Management: PL6's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Speetzen
CEO & Director4.8yrsUS$11.14m0.039%
€ 1.1m
John Wiehoff
Independent Chair of the Board18.7yrsUS$446.14kno data
George Bilicic
Independent Director8.6yrsUS$293.10k0.0071%
€ 197.5k
Lawrence Kingsley
Independent Director10.2yrsUS$294.98k0.018%
€ 494.5k
Gary Hendrickson
Independent Director15.2yrsUS$329.10k0.0088%
€ 245.3k
Bernd Kessler
Independent Director16.2yrsUS$282.49kno data
Darryl Jackson
Independent Director4.7yrsUS$279.47kno data
Gwynne Shotwell
Independent Director7yrsUS$303.60kno data
Gwenne Henricks
Independent Director10.7yrsUS$276.87k0.0021%
€ 58.9k
10.2yrs
Average Tenure
64yo
Average Age

Experienced Board: PL6's board of directors are seasoned and experienced ( 10.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/25 01:48
End of Day Share Price 2026/03/25 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Polaris Inc. is covered by 34 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig KennisonBaird
David BeckelBernstein
Tristan Thomas-MartinBMO Capital Markets Equity Research