Hurco Companies Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Greg Volovic
Chief executive officer
US$2.0m
Total compensation
| CEO salary percentage | 31.3% |
| CEO tenure | 12yrs |
| CEO ownership | 1.9% |
| Management average tenure | 8.5yrs |
| Board average tenure | 10yrs |
Recent management updates
Recent updates
Hurco: Another Weak Quarter Continues The Pushout To Recovery
Mar 10Hurco Companies, Inc.'s (NASDAQ:HURC) Business And Shares Still Trailing The Industry
Feb 20
Hurco Grinding Toward A Recovery, But In Fits And Starts
Jan 10Hurco Companies, Inc. (NASDAQ:HURC) Stock Catapults 29% Though Its Price And Business Still Lag The Industry
Oct 10With Global Manufacturing Growth Uncertain Hurco Gets A Hold Rating
Sep 07Hurco's Results Reflect An Underlying Industrial Market That Is Still Under Real Pressure
Jun 07Hurco Hammered As Short-Cycle Manufacturing Trends Remain Weak
Apr 06Hurco Companies (NASDAQ:HURC) Will Pay A Dividend Of $0.16
Mar 18Earnings Not Telling The Story For Hurco Companies, Inc. (NASDAQ:HURC)
Mar 09Hurco declares $0.15 dividend
Sep 15Hurco GAAP EPS of $0.18, revenue of $57.64M
Sep 02Hurco Already Hit Hard In Anticipation Of Weaker Capex Spending
Jul 14Hurco Companies: Buying On A Confirmed Swing
Jun 15Hurco Leveraging Improving Demand, But Orders Need To Be Watched
Mar 08Hurco Still Unfollowed And Unloved, But Delivering On Improving End-Market Conditions
Feb 01Hurco Companies (NASDAQ:HURC) Is Paying Out A Larger Dividend Than Last Year
Jun 14Hurco Companies' (NASDAQ:HURC) Performance Is Even Better Than Its Earnings Suggest
Jun 11Hurco Seeing Real Evidence Of The Turn
Jun 08Do Investors Have Good Reason To Be Wary Of Hurco Companies, Inc.'s (NASDAQ:HURC) 1.6% Dividend Yield?
Apr 16Don't Race Out To Buy Hurco Companies, Inc. (NASDAQ:HURC) Just Because It's Going Ex-Dividend
Mar 21Here's Why It's Unlikely That Hurco Companies, Inc.'s (NASDAQ:HURC) CEO Will See A Pay Rise This Year
Mar 05Investors Who Bought Hurco Companies (NASDAQ:HURC) Shares Five Years Ago Are Now Up 23%
Feb 17Have Insiders Been Selling Hurco Companies, Inc. (NASDAQ:HURC) Shares?
Jan 27Hurco reports Q4 results
Jan 08Dividend Investors: Don't Be Too Quick To Buy Hurco Companies, Inc. (NASDAQ:HURC) For Its Upcoming Dividend
Jan 01
What You Need To Know About Hurco Companies, Inc.'s (NASDAQ:HURC) Investor Composition
Dec 10Hurco declares $0.13 dividend
Nov 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2025 | n/a | n/a | -US$19m |
| Oct 31 2024 | US$2m | US$614k | -US$17m |
| Jul 31 2024 | n/a | n/a | -US$13m |
| Apr 30 2024 | n/a | n/a | -US$3m |
| Jan 31 2024 | n/a | n/a | US$1m |
| Oct 31 2023 | US$2m | US$587k | US$4m |
| Jul 31 2023 | n/a | n/a | US$3m |
| Apr 30 2023 | n/a | n/a | US$4m |
| Jan 31 2023 | n/a | n/a | US$6m |
| Oct 31 2022 | US$2m | US$548k | US$8m |
| Jul 31 2022 | n/a | n/a | US$9m |
| Apr 30 2022 | n/a | n/a | US$9m |
| Jan 31 2022 | n/a | n/a | US$10m |
| Oct 31 2021 | US$2m | US$436k | US$7m |
| Jul 31 2021 | n/a | n/a | US$1m |
| Apr 30 2021 | n/a | n/a | US$2m |
| Jan 31 2021 | n/a | n/a | -US$5m |
| Oct 31 2020 | US$1m | US$417k | -US$6m |
| Jul 31 2020 | n/a | n/a | -US$549k |
| Apr 30 2020 | n/a | n/a | US$773k |
| Jan 31 2020 | n/a | n/a | US$10m |
| Oct 31 2019 | US$2m | US$402k | US$17m |
| Jul 31 2019 | n/a | n/a | US$24m |
| Apr 30 2019 | n/a | n/a | US$27m |
| Jan 31 2019 | n/a | n/a | US$25m |
| Oct 31 2018 | US$2m | US$387k | US$21m |
Compensation vs Market: Greg's total compensation ($USD1.96M) is above average for companies of similar size in the US market ($USD642.87K).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
CEO
Greg Volovic (59 yo)
12yrs
Tenure
US$1,959,007
Compensation
Mr. Gregory S. Volovic, also known as Greg, serves as Chief Executive Officer at Hurco Companies Inc. since March 12, 2021. Mr. Volovic serves as President of Hurco Companies Inc. since March 14, 2013 and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 25.2yrs | US$1.37m | 3.32% $ 3.4m | |
| President | 12yrs | US$1.96m | 1.93% $ 2.0m | |
| Executive VP | 11yrs | US$1.17m | 1.55% $ 1.6m | |
| Corporate Controller & Principal Accounting Officer | 4yrs | US$332.63k | 0.15% $ 159.5k | |
| General Counsel & Corporate Secretary | 8.5yrs | US$452.40k | 0.16% $ 164.8k |
8.5yrs
Average Tenure
52yo
Average Age
Experienced Management: HURC's management team is seasoned and experienced (8.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 25.2yrs | US$1.37m | 3.32% $ 3.4m | |
| President | 6yrs | US$1.96m | 1.93% $ 2.0m | |
| Independent Director | 10yrs | US$125.00k | 0.31% $ 326.6k | |
| Independent Director | 17yrs | US$135.00k | 0.49% $ 507.3k | |
| Independent Director | 6yrs | US$130.00k | 0.23% $ 234.2k | |
| Independent Director | 13yrs | US$141.25k | 0.22% $ 230.2k | |
| Independent Director | 10yrs | US$132.50k | 0.31% $ 326.6k | |
| Independent Director | 8yrs | US$132.50k | 0.27% $ 284.9k |
10.0yrs
Average Tenure
67yo
Average Age
Experienced Board: HURC's board of directors are seasoned and experienced ( 10 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/17 09:06 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2025/01/31 |
| Annual Earnings | 2024/10/31 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Hurco Companies, Inc. is covered by 2 analysts. 0 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 |
|---|---|
| Leszek Sulewski | Sidoti & Company, LLC |
| Gregory Garner | Singular Research |