Dover Management
Management criteria checks 3/4
Dover's CEO is Rich Tobin, appointed in May 2018, has a tenure of 6.75 years. total yearly compensation is $16.80M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $47.29M. The average tenure of the management team and the board of directors is 9 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 | 6.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 9yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Is It Too Late To Consider Buying Dover Corporation (NYSE:DOV)?
Jan 28
Do Dover's (NYSE:DOV) Earnings Warrant Your Attention?
Jan 17Is There An Opportunity With Dover Corporation's (NYSE:DOV) 28% Undervaluation?
Dec 26Dover Corp.: The Market Price Has Run Ahead For This Strong Income Generator
Nov 28Here's Why Dover (NYSE:DOV) Can Manage Its Debt Responsibly
Nov 23Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515
Nov 12Getting In Cheap On Dover Corporation (NYSE:DOV) Is Unlikely
Nov 05At US$194, Is Dover Corporation (NYSE:DOV) Worth Looking At Closely?
Oct 19Dover's (NYSE:DOV) Returns Have Hit A Wall
Oct 08Dover Corporation: Continued Portfolio Optimization
Sep 18Does Dover (NYSE:DOV) Deserve A Spot On Your Watchlist?
Sep 05Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515
Aug 21Is Dover (NYSE:DOV) A Risky Investment?
Aug 20Earnings Beat: Dover Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 29Some Shareholders Feeling Restless Over Dover Corporation's (NYSE:DOV) P/E Ratio
Jul 22Is Dover Corporation (NYSE:DOV) Potentially Undervalued?
Jul 11Dover: Excellent Economics Well Captured At Current Multiples
Jul 04Is Dover Corporation (NYSE:DOV) Trading At A 26% Discount?
Jun 29Investors Met With Slowing Returns on Capital At Dover (NYSE:DOV)
Jun 18Dover: Quality Growth Ahead, But This Dividend Aristocrat Is Fairly Priced
May 21Do Dover's (NYSE:DOV) Earnings Warrant Your Attention?
May 14We 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 12Dover Corporation: Continued Transformation, Continued Growth Challenges
Jan 16Dover Corporation: Government's Push For Greener Environment Serves As Catalyst
Nov 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$1b |
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$1b |
| 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$949m |
| Jun 30 2023 | n/a | n/a | US$973m |
| 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$591m |
Compensation vs Market: Rich's total compensation ($USD16.80M) is above average for companies of similar size in the US market ($USD12.51M).
Compensation vs Earnings: Rich's compensation has been consistent with company performance over the past year.
CEO
Rich Tobin (63 yo)
6.8yrs
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 | 6.8yrs | US$16.80m | 0.17% $ 47.3m | |
| Senior VP & CFO | 13.8yrs | US$5.10m | 0.0073% $ 2.0m | |
| Senior VP | 12.1yrs | US$2.76m | 0.041% $ 11.4m | |
| Senior VP & Chief Digital Officer | 7.8yrs | US$1.99m | 0.0051% $ 1.4m | |
| Principal Accounting Officer | 5.8yrs | no data | 0.0021% $ 572.8k | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Vice President of Communications | 14.1yrs | no data | no data | |
| CHRO & Senior VP | no data | no data | 0% $ 0 | |
| Senior Vice President | 9yrs | no data | no data | |
| VP & Treasurer | 9.3yrs | no data | 0.0043% $ 1.2m | |
| President of Pump Solutions Group | no data | no data | no data |
9.0yrs
Average Tenure
61yo
Average Age
Experienced Management: DOV's management team is seasoned and experienced (9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.5yrs | US$16.80m | 0.17% $ 47.3m | |
| Lead Independent Director | 12yrs | US$464.93k | 0.0029% $ 815.9k | |
| Independent Director | 9.3yrs | US$305.07k | 0.0069% $ 1.9m | |
| Independent Director | 26.1yrs | US$285.07k | 0.11% $ 30.9m | |
| Independent Director | 4yrs | US$285.07k | no data | |
| Independent Director | 1.3yrs | US$46.05k | no data | |
| Independent Director | 2yrs | US$254.62k | no data | |
| Independent Director | 8yrs | US$300.07k | 0.0017% $ 480.6k | |
| Independent Director | 6.5yrs | US$285.07k | 0.0052% $ 1.4m | |
| Independent Director | 1.5yrs | US$117.95k | 0.00099% $ 276.6k |
7.3yrs
Average Tenure
65yo
Average Age
Experienced Board: DOV's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 03:43 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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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 here.
Analysis Model and Snowflake
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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
Dover Corporation is covered by 35 analysts. 16 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 |
|---|---|
| Christopher Bamman | Ascendiant Capital Markets LLC |
| Michael Halloran | Baird |
| Robert Cornell | Barclays |