Polaris Management

Management criteria checks 3/4

Polaris' CEO is Mike Speetzen, appointed in Apr 2021, has a tenure of 3.5 years. total yearly compensation is $8.87M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 0.058% of the company’s shares, worth $2.32M. The average tenure of the management team and the board of directors is 6.8 years and 8.8 years respectively.

Key information

Mike Speetzen

Chief executive officer

US$8.9m

Total compensation

CEO salary percentage12.7%
CEO tenure3.5yrs
CEO ownership0.06%
Management average tenure6.8yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Speetzen's remuneration changed compared to Polaris's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Sep 30 2019n/an/a

US$316m

Jun 30 2019n/an/a

US$324m

Mar 31 2019n/an/a

US$328m

Dec 31 2018US$3mUS$595k

US$335m

Sep 30 2018n/an/a

US$275m

Jun 30 2018n/an/a

US$262m

Mar 31 2018n/an/a

US$231m

Dec 31 2017US$3mUS$572k

US$172m

Compensation vs Market: Mike's total compensation ($USD8.87M) is above average for companies of similar size in the UK market ($USD2.74M).

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


CEO

Mike Speetzen (55 yo)

3.5yrs

Tenure

US$8,873,477

Compensation

Mr. Michael T. 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 Po...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Speetzen
CEO & Director3.5yrsUS$8.87m0.058%
$ 2.3m
Robert Mack
CFO, Executive VP of Finance & Corporate Development8.5yrsUS$3.10m0.064%
$ 2.6m
Stephen Eastman
President of Parts12.7yrsUS$2.47m0.043%
$ 1.7m
Tony Kinsman
VP of Off Road Engineering & CTOless than a yearno datano data
Victor Koelsch
Senior VP and Chief Digital & Information Officerno datano datano data
J.C. Weigelt
Vice President of Investor Relations2.8yrsno datano data
Lucy Dougherty
Senior VP6.8yrsUS$3.54m0.040%
$ 1.6m
James Williams
Senior VP & Chief Human Resources Officer13.5yrsUS$2.48m0.035%
$ 1.4m
Pamela Kermisch
Chief Customer Growth Officerno datano datano data
Michael Dougherty
President of On-Road & International9.1yrsno data0.12%
$ 4.9m
Benjamin Duke
President of Marine2.4yrsno data0.015%
$ 591.0k

6.8yrs

Average Tenure

55yo

Average Age

Experienced Management: 0KJQ's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Speetzen
CEO & Director3.4yrsUS$8.87m0.058%
$ 2.3m
John Wiehoff
Independent Chair of the Board17.3yrsUS$450.38kno data
Kevin Farr
Independent Director11yrsUS$310.68kno data
George Bilicic
Independent Director7.2yrsUS$299.34k0.0072%
$ 290.3k
George Adler
Executive Vice Chairman for TAP6.5yrsno datano data
Lawrence Kingsley
Independent Director8.8yrsUS$289.83k0.018%
$ 726.5k
Gary Hendrickson
Independent Director13.8yrsUS$304.46k0.0090%
$ 360.6k
Bernd Kessler
Independent Director14.8yrsUS$277.52kno data
Darryl Jackson
Independent Director3.3yrsUS$278.89kno data
Gwynne Shotwell
Independent Director5.6yrsUS$287.38kno data
Gwenne Henricks
Independent Director9.3yrsUS$275.34k0.0022%
$ 86.4k

8.8yrs

Average Tenure

63yo

Average Age

Experienced Board: 0KJQ's board of directors are considered experienced (8.8 years average tenure).