Donaldson Company Management

Management criteria checks 3/4

Donaldson Company's CEO is Tod Carpenter, appointed in Apr 2015, has a tenure of 8.17 years. total yearly compensation is $7.04M, comprised of 14.6% salary and 85.4% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth MX$233.50M. The average tenure of the management team and the board of directors is 4 years and 7.8 years respectively.

Key information

Tod Carpenter

Chief executive officer

US$7.0m

Total compensation

CEO salary percentage	14.6%
CEO tenure	8.2yrs
CEO ownership	0.2%
Management average tenure	4yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tod Carpenter's remuneration changed compared to Donaldson Company's earnings?
Date	Total Compensation	Salary	Company Earnings
Apr 30 2023	n/a	n/a	US$368m
Jan 31 2023	n/a	n/a	US$357m
Oct 31 2022	n/a	n/a	US$343m
Jul 31 2022	US$7m	US$1m	US$333m
Apr 30 2022	n/a	n/a	US$316m
Jan 31 2022	n/a	n/a	US$318m
Oct 31 2021	n/a	n/a	US$302m
Jul 31 2021	US$7m	US$1m	US$287m
Apr 30 2021	n/a	n/a	US$267m
Jan 31 2021	n/a	n/a	US$246m
Oct 31 2020	n/a	n/a	US$254m
Jul 31 2020	US$5m	US$1m	US$257m
Apr 30 2020	n/a	n/a	US$251m
Jan 31 2020	n/a	n/a	US$263m
Oct 31 2019	n/a	n/a	US$258m
Jul 31 2019	US$6m	US$970k	US$267m
Apr 30 2019	n/a	n/a	US$312m
Jan 31 2019	n/a	n/a	US$306m
Oct 31 2018	n/a	n/a	US$193m
Jul 31 2018	US$6m	US$942k	US$180m
Apr 30 2018	n/a	n/a	US$146m
Jan 31 2018	n/a	n/a	US$136m
Oct 31 2017	n/a	n/a	US$236m
Jul 31 2017	US$6m	US$845k	US$233m
Apr 30 2017	n/a	n/a	US$224m
Jan 31 2017	n/a	n/a	US$219m
Oct 31 2016	n/a	n/a	US$210m
Jul 31 2016	US$2m	US$742k	US$191m

Compensation vs Market: Tod's total compensation ($USD7.04M) is above average for companies of similar size in the MX market ($USD2.75M).

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

CEO

Tod Carpenter (64 yo)

8.2yrs

Tenure

US$7,043,946

Compensation

Mr. Tod E. Carpenter has been the Chief Executive Officer and President of Donaldson Company, Inc. since April 1, 2015. He serves as Independent Director at AMETEK, Inc. since June 17, 2019. Mr. Carpenter...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tod Carpenter	Chairman	8.2yrs	US$7.04m	0.18% $ 233.5m
Scott Robinson	Chief Financial Officer	7.5yrs	US$2.27m	0.024% $ 30.9m
Thomas Scalf	President of Enterprise Operations & Supply Chain	9.2yrs	US$1.81m	0.028% $ 35.3m
Richard Lewis	President of Mobile Solutions	less than a year	US$1.54m	0.012% $ 15.8m
Andrew Cebulla	Global Corporate Controller & Principal Accounting Officer	1.3yrs	no data	0.0024% $ 3.0m
Michael Wynblatt	Chief Technology Officer	5.6yrs	no data	no data
Tammylynne Jonas	Chief Information Officer	less than a year	no data	no data
Sarika Dhadwal	Director of Investor Relations	2.4yrs	no data	no data
Amy Becker	Chief Legal Officer & Corporate Secretary	8.8yrs	US$1.42m	0.036% $ 45.6m
David Wood	Vice President of Corporate Development	1.4yrs	no data	no data
Sheila Kramer	Chief Human Resources Officer	7.7yrs	US$606.60k	0.014% $ 18.2m
Guillermo Briseño	President of Industrial Solutions	1.4yrs	no data	0.0081% $ 10.2m

4.0yrs

Average Tenure

56.5yo

Average Age

Experienced Management: DCI *'s management team is considered experienced (4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tod Carpenter	Chairman	9.2yrs	US$7.04m	0.18% $ 233.5m
Willard Oberton	Lead Independent Director	17.4yrs	US$248.96k	0.021% $ 27.1m
Ajita Rajendra	Independent Director	13.3yrs	US$211.48k	0.033% $ 42.0m
Trudy Rautio	Independent Director	8.4yrs	US$215.04k	0.018% $ 23.2m
Christopher Hilger	Independent Director	1.6yrs	US$211.15k	0.0065% $ 8.2m
Douglas Milroy	Independent Director	7.3yrs	US$214.98k	0.0095% $ 12.0m
James Owens	Independent Director	10.3yrs	US$211.51k	0.012% $ 15.3m
Richard Olson	Director	1.4yrs	US$176.70k	0.0021% $ 2.6m
Jacinth Smiley	Director	1.4yrs	US$177.04k	0.0021% $ 2.6m
Pilar Cruz	Independent Director	5.6yrs	US$213.29k	0.0098% $ 12.3m

7.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: DCI *'s board of directors are considered experienced (7.8 years average tenure).

Donaldson Company Management

Management criteria checks 3/4

Key information

Recent management updates

Donaldson Company, Inc. Announces Executive Changes, Effective August 1, 2024

Insider recently sold Mex$5.2m worth of stock

Donaldson Company, Inc., Annual General Meeting, Nov 18, 2022

Insider recently sold Mex$30m worth of stock

Recent updates

Donaldson Company, Inc. Revises Earnings Guidance for the Fiscal Year 2026

Donaldson Company, Inc. (NYSE:DCI) completed the acquisition of Medica S.p.A. (BIT:MDC) from Pelmo87 S.r.l. and others for €62 million.

Donaldson Company, Inc. Declares Quarterly Cash Dividend, Payable on August 28, 2024

Donaldson Company, Inc., Through Its Univercells Technologies Business, Expands Their Relationship with the Gene Therapy Program At the University of Pennsylvania to Evaluate Certain Bioreactors for Scalable Gene Therapy Production

Donaldson Company, Inc.(NYSE:DCI) dropped from Russell 1000 Growth-Defensive Index

Donaldson Company, Inc. Announces Executive Changes, Effective August 1, 2024

Donaldson Company, Inc. Revises Earnings Guidance for the Year 2024

Donaldson Company, Inc. Declares Regular Quarterly Cash Dividend, Payable on June 28, 2024

Donaldson Company, Inc. Announces Integrated Lentiviral Vector Manufacturing Platform Development

Donaldson Company, Inc. Raises Earnings Guidance for the Fiscal Year 2024

Donaldson Company, Inc. Declares Regular Quarterly Cash Dividend, Payable on February 28, 2024

Donaldson Company, Inc. Provides Earnings Guidance for the Fiscal Year 2024

Donaldson Company, Inc. Declares Regular Quarterly Cash Dividend, Payable on December 20, 2023

Donaldson Company, Inc. Provides Earnings Guidance for the Year 2024

Donaldson Company, Inc. Declares Regular Quarterly Cash Dividend, Payable on August 30, 2023

Donaldson Company, Inc. (NYSE:DCI) acquired Univercells Technologies Sa from Univercells SA and Gamma Biosciences GP LLC for €140 million.

Donaldson Company, Inc. Provides Earnings Guidance for the Full Fiscal Year 2023

Second quarter 2023 earnings released: EPS: US$0.71 (vs US$0.58 in 2Q 2022)

Upcoming dividend of US$0.23 per share at 1.5% yield

Donaldson Company, Inc. Declares Quarterly Cash Dividend, Payable on February 27, 2023

Donaldson Introduces Torit® Downflo® Ambient Weld Fume Extractor

Donaldson Company, Inc. Introduces Managed Filtration Services for Industrial Filtration Equipment

Insider recently sold Mex$5.2m worth of stock

First quarter 2023 earnings released: EPS: US$0.71 (vs US$0.62 in 1Q 2022)

Donaldson Company, Inc. Provides Earnings Guidance for the Year 2023

Donaldson Company, Inc. Declares Quarterly Cash Dividend, Payable on December 20, 2022

Donaldson Company, Inc., Annual General Meeting, Nov 18, 2022

Insider recently sold Mex$30m worth of stock

Now 20% undervalued

Now 21% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$2.69 (vs US$2.27 in FY 2021)

Donaldson Company, Inc. Provides Earnings Guidance for the Year 2023

Now 20% undervalued

Donaldson Company, Inc. Declares Quarterly Cash Dividend, Payable on August 31, 2022

Now 23% undervalued

Donaldson Company, Inc. (NYSE:DCI) acquired Purilogics, LLC from SC Launch, Inc.

Third quarter 2022 earnings released: EPS: US$0.67 (vs US$0.67 in 3Q 2021)

Donaldson Company, Inc. Provides Earnings Guidance for the Fiscal 2022

Upcoming dividend of US$0.23 per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age