Trimble Management

Management criteria checks 3/4

Trimble's CEO is Rob Painter, appointed in Jan 2020, has a tenure of 4.83 years. total yearly compensation is $14.95M, comprised of 6.4% salary and 93.6% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €18.24M. The average tenure of the management team and the board of directors is 5.8 years and 4.8 years respectively.

Key information

Rob Painter

Chief executive officer

US$15.0m

Total compensation

CEO salary percentage	6.4%
CEO tenure	4.8yrs
CEO ownership	0.1%
Management average tenure	5.8yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rob Painter's remuneration changed compared to Trimble's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 27 2024	n/a	n/a	US$1b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$240m
Dec 29 2023	US$15m	US$950k	US$311m
Sep 29 2023	n/a	n/a	US$334m
Jun 30 2023	n/a	n/a	US$345m
Mar 31 2023	n/a	n/a	US$468m
Dec 30 2022	US$16m	US$938k	US$450m
Sep 30 2022	n/a	n/a	US$479m
Jul 01 2022	n/a	n/a	US$518m
Apr 01 2022	n/a	n/a	US$489m
Dec 31 2021	US$14m	US$883k	US$493m
Oct 01 2021	n/a	n/a	US$558m
Jul 02 2021	n/a	n/a	US$518m
Apr 02 2021	n/a	n/a	US$443m
Jan 01 2021	US$13m	US$871k	US$390m
Oct 02 2020	n/a	n/a	US$489m
Jul 03 2020	n/a	n/a	US$482m
Apr 03 2020	n/a	n/a	US$514m
Jan 03 2020	US$3m	US$535k	US$514m
Sep 27 2019	n/a	n/a	US$322m
Jun 28 2019	n/a	n/a	US$317m
Mar 29 2019	n/a	n/a	US$287m
Dec 28 2018	US$3m	US$482k	US$283m
Sep 28 2018	n/a	n/a	US$160m
Jun 29 2018	n/a	n/a	US$144m
Mar 30 2018	n/a	n/a	US$127m
Dec 29 2017	US$3m	US$401k	US$118m

Compensation vs Market: Rob's total compensation ($USD14.95M) is above average for companies of similar size in the German market ($USD4.78M).

Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.

CEO

Rob Painter (52 yo)

4.8yrs

Tenure

US$14,954,642

Compensation

Mr. Robert G. Painter, also known as Rob, has been Chief Executive Officer, President and Director of Trimble Inc. (also known as Trimble Outdoors) since January 4, 2020. Mr. Painter serves as Director at...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Painter	CEO, President & Director	4.8yrs	US$14.95m	0.11% € 18.2m
Peter Large	Senior Vice President of Strategy	3.3yrs	US$2.25m	0.0038% € 641.1k
Ronald Bisio	Senior Vice President of Field Systems	5.8yrs	US$2.23m	0.034% € 5.7m
Leah Lambertson	Senior VP of Operations & Head of Sustainability	7.7yrs	no data	no data
Julie Shepard	VP of Finance & Chief Accounting Officer	7.5yrs	US$968.58k	0.022% € 3.7m
Michael Leyba	Director of Investor Relations	no data	no data	no data
Jennifer Allison	Corporate Vice President & General Counsel	1.6yrs	no data	0.0021% € 359.6k
Jaime Nielsen	Senior VP & Chief People Officer	4.1yrs	no data	no data
Garland Jackson	Senior VP & GM of Connected Asset Health Solutions - Trimble Transportation	5.8yrs	no data	no data
Brian Traub	Senior Vice President of Canadian & Energy Markets - Trimble Transportation	8.8yrs	no data	no data
Scott Vanselous	Executive VP of Digital Supply Chain of Trimble Transportation	5.8yrs	no data	no data
Mark Schwartz	Senior Vice President of AECO Software	4.1yrs	no data	0.0059% € 995.5k

5.8yrs

Average Tenure

53yo

Average Age

Experienced Management: TB5's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Painter	CEO, President & Director	4.8yrs	US$14.95m	0.11% € 18.2m
E. Ekholm	Independent Chairman	4.8yrs	US$353.32k	0.023% € 3.9m
Ronald Nersesian	Independent Director	less than a year	US$30.00k	0.0030% € 512.2k
Mark Peek	Lead Independent Director	14.7yrs	US$353.32k	0.036% € 6.1m
Kaigham Gabriel	Independent Director	9.8yrs	US$353.32k	0.010% € 1.7m
Thomas Sweet	Independent Director	2.8yrs	US$353.32k	0.0057% € 975.2k
Johan Wibergh	Independent Director	6.8yrs	US$353.32k	0.013% € 2.2m
Meaghan Lloyd	Independent Director	8.8yrs	US$353.32k	0.020% € 3.3m
Kara Sprague	Director	less than a year	no data	0.00076% € 128.9k
James Dalton	Independent Director	4.1yrs	US$353.32k	0.0050% € 854.8k

4.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: TB5's board of directors are considered experienced (4.8 years average tenure).

Trimble Management

Management criteria checks 3/4

Key information

Recent management updates

Trimble Inc., Annual General Meeting, May 30, 2024

Trimble Inc. Announces Resignation of Ann Fandozz from Board of Directors

Trimble Inc. Appoints Kara Sprague and Ron Nersesian to Board of Directors

Trimble Inc. Announces Executive Changes

Trimble Inc., Annual General Meeting, Jun 01, 2023

Independent Director recently sold €75k worth of stock

Recent updates

Trimble Receives Expected Delisting and Deficiency Notice from Nasdaq Due to Non-Compliance with Nasdaq Listing Rule 5250(c)(1)

Trimble Advances Construction Workflow Connectivity with New Self-Service Integration Tools

Trimble Inc. announced delayed 10-Q filing

Third quarter 2024 earnings released: EPS: US$0.17 (vs US$0.30 in 3Q 2023)

Trimble Introduces Siteworks Machine Guidance Module for Compact Track Loaders

Investor sentiment improves as stock rises 18%

Trimble Unveils Transporeon Visibility with Seamless TMS Integration

Platform Science, Inc. entered into a definitive agreement to acquire Global transportation business units of Trimble Inc. (NasdaqGS:TRMB).

Trimble Receives Expected Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Trimble Inc. announced delayed 10-Q filing

Second quarter 2024 earnings released: EPS: US$5.37 (vs US$0.18 in 2Q 2023)

Trimble Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2024

Trimble Launches End-To-End Asset Lifecycle Management Software Suite

Trimble Releases Top-Tier R980 GNSS System Delivering Greater Work Productivity for Geospatial Professionals

Trimble Receives Expects Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Trimble Receives Expects Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

Trimble Inc. announced delayed 10-Q filing

Trimble Inc. (NasdaqGS:TRMB) acquired Flashtract, Inc.

Trimble Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024

First quarter 2024 earnings released: EPS: US$0.23 (vs US$0.52 in 1Q 2023)

Trimble Inc., Annual General Meeting, May 30, 2024

Trimble Announces Introduction of 2024 Versions of Its Tekla Software for Constructible Building Information Modeling, Structural Engineering and Steel Fabrication Management

Full year 2023 earnings released: EPS: US$1.26 (vs US$1.81 in FY 2022)

Trimble Introduces Roadworks Paving Control Platform for Mills and Cold Planers

Trimble Inc. Announces Resignation of Ann Fandozz from Board of Directors

New minor risk - Profit margin trend

Trimble Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024

Trimble Inc. to Report Q4, 2023 Results on Feb 12, 2024

Trimble Inc. to Report Q4, 2023 Results on Feb 12, 2024

Trimble Inc. Appoints Kara Sprague and Ron Nersesian to Board of Directors

Now 21% undervalued

JANA Partners Urges Trimble to Focus on Organic Growth

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: US$0.30 (vs US$0.35 in 3Q 2022)

Trimble Inc. Announces Executive Changes

Trimble Launches Cloud-Based Appian Daily Planner to Simplify Complex, Multi-Stop Routing

Trimble Announces the Release of Its Flexible API for the Trimble Agriculture Cloud

Trimble Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2023

New major risk - Financial position

Second quarter 2023 earnings released: EPS: US$0.18 (vs US$0.67 in 2Q 2022)

Now 21% undervalued

Trimble Inc., Annual General Meeting, Jun 01, 2023

Trimble Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2023

First quarter 2023 earnings released: EPS: US$0.52 (vs US$0.44 in 1Q 2022)

Investor sentiment deteriorates as stock falls 30%

Now 25% undervalued after recent price drop

Independent Director recently sold €75k worth of stock

CEO, President & Director recently sold €260k worth of stock

Now 21% undervalued after recent price drop

Trimble Announces Advanced Path Planning Technology

Full year 2022 earnings released: EPS: US$1.81 (vs US$1.96 in FY 2021)

Trimble Inc. Provides Earnings Guidance for the Full Year 2023

Trimble Inc. (NasdaqGS:TRMB) acquired Rvvit.

Now 22% undervalued after recent price drop

High number of new directors

Trimble Construction Cloud Powered by Microsoft Azure Launches At Trimble Dimensions+ Conference

Now 21% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: US$0.35 (vs US$0.49 in 3Q 2021)

Trimble Inc. Provides Earnings Guidance for the Year 2022

Trimble Introduces Horizontal Steering Control, Automatic Screed Width Control for Vögele Asphalt Pavers

Trimble Inc. Announces Resignation of Manolis Kotzabasakis, Senior Vice President, Construction Enterprise Solutions, Effective November 4, 2022

Trimble's New Agriculture Displays Provide Next-Generation Performance and Connectivity for In-Field Operations

Trimble Sets New Standard for Robotic Total Station Scalability

Trimble Inc. (NasdaqGS:TRMB) acquired B2W Software Inc.

Trimble Inc. (NasdaqGS:TRMB) signed an agreement to acquire Bilberry.

MiX Telematics North America Inc. agreed to acquire Field Service Management Business in North America from Trimble Inc. (NasdaqGS:TRMB) for $10.2 million.

Trimble RTX Integrity Validates Positioning Data Accuracy to Support Safety-Critical Applications

Insider recently sold €937k worth of stock

Second quarter 2022 earnings released: EPS: US$0.67 (vs US$0.55 in 2Q 2021)