Dover Management
Management criteria checks 4/4
Dover's CEO is Rich Tobin, appointed in May 2018, has a tenure of 7.75 years. total yearly compensation is $16.80M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $47.32M. The average tenure of the management team and the board of directors is 8.3 years and 7.3 years respectively.
Key information
Rich Tobin
Chief executive officer
US$16.8m
Total compensation
CEO salary percentage | 7.7% |
CEO tenure | 6yrs |
CEO ownership | 0.2% |
Management average tenure | 8.3yrs |
Board average tenure | 7.3yrs |
Recent management updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Dover's (NYSE:DOV) Earnings
May 03Dover Corporation's (NYSE:DOV) Share Price Could Signal Some Risk
Mar 30Dover Corporation's (NYSE:DOV) Intrinsic Value Is Potentially 38% Above Its Share Price
Mar 18Here's What To Make Of Dover's (NYSE:DOV) Decelerating Rates Of Return
Mar 06Dover Corporation Is Not A Buy At Its New High
Mar 05Dover Corporation (NYSE:DOV) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Feb 13Dover's (NYSE:DOV) Dividend Will Be $0.51
Feb 12Is Dover Corporation (NYSE:DOV) Potentially Undervalued?
Jan 27Dover Corporation: Continued Transformation, Continued Growth Challenges
Jan 16Is Dover (NYSE:DOV) Using Too Much Debt?
Jan 15Dover Corporation's (NYSE:DOV) Business Is Trailing The Market But Its Shares Aren't
Dec 21Dover (NYSE:DOV) Is Looking To Continue Growing Its Returns On Capital
Nov 20Dover Corporation: Government's Push For Greener Environment Serves As Catalyst
Nov 08Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.51
Nov 06Is There An Opportunity With Dover Corporation's (NYSE:DOV) 38% Undervaluation?
Oct 18At US$138, Is It Time To Put Dover Corporation (NYSE:DOV) On Your Watch List?
Oct 06Dover: Too Expensive Despite Potential Growth Prospects
Oct 05Dover (NYSE:DOV) Is Paying Out A Larger Dividend Than Last Year
Aug 28Is Dover (NYSE:DOV) Using Too Much Debt?
Aug 20Dover (NYSE:DOV) Is Increasing Its Dividend To $0.51
Aug 07We Like These Underlying Return On Capital Trends At Dover (NYSE:DOV)
Aug 01Dover Corp.: Bullish On The Stock, But Cautious Post Q2
Jul 26Is It Time To Consider Buying Dover Corporation (NYSE:DOV)?
Jul 07Dover Corporation (NYSE:DOV) Shares Could Be 26% Below Their Intrinsic Value Estimate
May 24Dover (NYSE:DOV) Will Pay A Dividend Of $0.505
May 11Does Dover (NYSE:DOV) Have A Healthy Balance Sheet?
May 05Is Now The Time To Look At Buying Dover Corporation (NYSE:DOV)?
Apr 01Dover's (NYSE:DOV) Dividend Will Be $0.505
Feb 16Dover declares $0.505 dividend
Feb 10A Look At The Fair Value Of Dover Corporation (NYSE:DOV)
Feb 09Dover Q4 2022 Earnings Preview
Jan 30Is Dover (NYSE:DOV) Using Too Much Debt?
Jan 26Dover Corporation: Acquisitions, Relatively Undervalued Multiples Keep You Hooked
Jan 04Pole/Zero secures $53M plus contract by DoD
Dec 22Dover acquires precision gear pumps manufacturer
Dec 15Does Dover (NYSE:DOV) Deserve A Spot On Your Watchlist?
Dec 07Dover's (NYSE:DOV) Dividend Will Be $0.505
Nov 17An Intrinsic Calculation For Dover Corporation (NYSE:DOV) Suggests It's 40% Undervalued
Nov 04CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$1b |
Dec 31 2023 | US$17m | US$1m | US$1b |
Sep 30 2023 | n/a | n/a | US$1b |
Jun 30 2023 | n/a | n/a | US$1b |
Mar 31 2023 | n/a | n/a | US$1b |
Dec 31 2022 | US$14m | US$1m | US$1b |
Sep 30 2022 | n/a | n/a | US$1b |
Jun 30 2022 | n/a | n/a | US$1b |
Mar 31 2022 | n/a | n/a | US$1b |
Dec 31 2021 | US$14m | US$1m | US$1b |
Sep 30 2021 | n/a | n/a | US$943m |
Jun 30 2021 | n/a | n/a | US$880m |
Mar 31 2021 | n/a | n/a | US$740m |
Dec 31 2020 | US$12m | US$1m | US$683m |
Sep 30 2020 | n/a | n/a | US$669m |
Jun 30 2020 | n/a | n/a | US$675m |
Mar 31 2020 | n/a | n/a | US$748m |
Dec 31 2019 | US$9m | US$1m | US$678m |
Sep 30 2019 | n/a | n/a | US$668m |
Jun 30 2019 | n/a | n/a | US$619m |
Mar 31 2019 | n/a | n/a | US$587m |
Dec 31 2018 | US$28m | US$777k | US$591m |
Sep 30 2018 | n/a | n/a | US$723m |
Jun 30 2018 | n/a | n/a | US$725m |
Mar 31 2018 | n/a | n/a | US$701m |
Dec 31 2017 | US$250k | n/a | US$747m |
Compensation vs Market: Rich's total compensation ($USD16.80M) is about average for companies of similar size in the US market ($USD13.62M).
Compensation vs Earnings: Rich's compensation has been consistent with company performance over the past year.
CEO
Rich Tobin (62 yo)
6yrs
Tenure
US$16,795,101
Compensation
Mr. Richard Joseph Tobin, also known as Rich, serves as Chairman of the Board at Dover Corporation since February 10, 2024 and has been its President and Chief Executive Officer since May 01, 2018. He is a...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 6yrs | US$16.80m | 0.19% $ 47.3m | |
Senior VP & CFO | 13yrs | US$5.10m | 0.010% $ 2.6m | |
Senior VP | 11.3yrs | US$2.76m | 0.035% $ 8.8m | |
Senior VP & Chief Human Resources Officer | 4.3yrs | US$1.77m | 0.0046% $ 1.2m | |
Senior VP & Chief Digital Officer | 7yrs | US$1.99m | 0.0058% $ 1.5m | |
Principal Accounting Officer | 5yrs | no data | 0.0020% $ 515.2k | |
Vice President of Corporate Development & Investor Relations | no data | no data | no data | |
Vice President of Communications | 13.3yrs | no data | no data | |
Senior Vice President | 8.3yrs | no data | no data | |
VP & Treasurer | 8.5yrs | no data | 0.0043% $ 1.1m | |
President of Pump Solutions Group | no data | no data | no data |
8.3yrs
Average Tenure
62yo
Average Age
Experienced Management: DOV's management team is seasoned and experienced (8.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 7.8yrs | US$16.80m | 0.19% $ 47.3m | |
Lead Independent Director | 11.3yrs | US$464.93k | 0.0029% $ 734.9k | |
Independent Director | 8.5yrs | US$305.07k | 0.0063% $ 1.6m | |
Independent Director | 25.3yrs | US$285.07k | 0.13% $ 32.4m | |
Independent Director | 3.3yrs | US$285.07k | no data | |
Independent Director | less than a year | US$46.05k | no data | |
Independent Director | 1.3yrs | US$254.62k | no data | |
Independent Director | 7.3yrs | US$300.07k | 0.0017% $ 434.3k | |
Independent Director | 13.5yrs | US$315.07k | 0.0047% $ 1.2m | |
Independent Director | 5.8yrs | US$285.07k | 0.0045% $ 1.1m | |
Independent Director | less than a year | US$117.95k | 0.00036% $ 90.9k |
7.3yrs
Average Tenure
65yo
Average Age
Experienced Board: DOV's board of directors are considered experienced (7.3 years average tenure).