Cognex Management
Management criteria checks 3/4
Cognex's CEO is Rob Willett, appointed in Jan 2010, has a tenure of 13.75 years. total yearly compensation is $6.96M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth MX$11.83M. The average tenure of the management team and the board of directors is 7.3 years and 3.8 years respectively.
Key information
Rob Willett
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | 15yrs |
| CEO ownership | 0.009% |
| Management average tenure | 7.3yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 29 2024 | n/a | n/a | US$89m |
| Jun 30 2024 | n/a | n/a | US$78m |
| Mar 31 2024 | n/a | n/a | US$100m |
| Dec 31 2023 | US$7m | US$676k | US$113m |
| Oct 01 2023 | n/a | n/a | US$157m |
| Jul 02 2023 | n/a | n/a | US$172m |
| Apr 02 2023 | n/a | n/a | US$174m |
| Dec 31 2022 | US$7m | US$672k | US$216m |
| Oct 02 2022 | n/a | n/a | US$214m |
| Jul 03 2022 | n/a | n/a | US$259m |
| Apr 03 2022 | n/a | n/a | US$277m |
| Dec 31 2021 | US$11m | US$651k | US$280m |
| Oct 03 2021 | n/a | n/a | US$296m |
| Jul 04 2021 | n/a | n/a | US$304m |
| Apr 04 2021 | n/a | n/a | US$226m |
| Dec 31 2020 | US$4m | US$173k | US$176m |
| Sep 27 2020 | n/a | n/a | US$187m |
| Jun 28 2020 | n/a | n/a | US$141m |
| Mar 29 2020 | n/a | n/a | US$191m |
| Dec 31 2019 | US$4m | US$376k | US$204m |
| Sep 29 2019 | n/a | n/a | US$169m |
| Jun 30 2019 | n/a | n/a | US$208m |
| Mar 31 2019 | n/a | n/a | US$215m |
| Dec 31 2018 | US$3m | US$376k | US$219m |
Compensation vs Market: Rob's total compensation ($USD6.96M) is above average for companies of similar size in the MX market ($USD2.39M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
CEO
Rob Willett (56 yo)
15yrs
Tenure
US$6,959,914
Compensation
Mr. Robert J. Willett, also known as Rob, has been the Chief Executive Officer of Cognex Corporation, since March 16, 2011. Mr. Willett has been President of Cognex Corporation since January 2010. He overs...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 15yrs | US$6.96m | 0.0092% MX$ 11.8m | |
| Senior VP of Advanced Vision Technology & CTO | 2.6yrs | US$2.13m | 0% MX$ 0 | |
| Executive VP of Employee Services and Corporate Officer & Chief Culture Officer | 7.3yrs | US$1.84m | 0.0023% MX$ 3.0m | |
| Executive Vice President of Vision | 4.3yrs | US$2.87m | no data | |
| Founder | 44yrs | US$216.05k | no data | |
| Senior VP of Finance & CFO | less than a year | no data | 0.0038% MX$ 4.9m | |
| VP of Finance | 17.1yrs | US$1.23m | 0.0022% MX$ 2.8m | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Corporate Communications Contractor | no data | no data | no data | |
| Senior Vice President Worldwide Sales & Marketing | no data | no data | no data | |
| Secretary | no data | US$538.28k | no data | |
| Secretary | no data | no data | no data |
7.3yrs
Average Tenure
56yo
Average Age
Experienced Management: CGNX *'s management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 13.8yrs | US$6.96m | 0.0092% MX$ 11.8m | |
| Founder | 3.7yrs | US$216.05k | no data | |
| Chairman & Lead Independent Director | 43yrs | US$399.53k | 0.20% MX$ 254.3m | |
| Independent Director | 3.2yrs | US$339.87k | 0.0022% MX$ 2.9m | |
| Independent Director | 4yrs | US$335.87k | 0.0037% MX$ 4.8m | |
| Independent Director | 1.9yrs | US$307.42k | 0.00059% MX$ 757.8k | |
| Independent Director | 2.7yrs | US$344.87k | 0.0018% MX$ 2.3m | |
| Independent Director | 6.8yrs | US$343.53k | 0.0066% MX$ 8.5m |
3.8yrs
Average Tenure
61yo
Average Age
Experienced Board: CGNX *'s board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 06:16 |
| End of Day Share Price | 2024/11/15 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 .
Analyst Sources
Cognex Corporation is covered by 38 analysts. 22 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 |
|---|---|
| Robert Mason | Baird |
| Alek Gasiel | Barrington Research Associates, Inc. |
| Holden Lewis | BB&T Capital Markets |