Manitowoc Company Management
Management criteria checks 3/4
Manitowoc Company's CEO is Aaron Ravenscroft, appointed in Aug 2020, has a tenure of 3.67 years. total yearly compensation is $6.70M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 0.66% of the company’s shares, worth $2.99M. The average tenure of the management team and the board of directors is 2.2 years and 6.2 years respectively.
Key information
Aaron Ravenscroft
Chief executive officer
US$6.7m
Total compensation
| CEO salary percentage | 14.1% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2.2yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
The Manitowoc Company Deserves To Rise From Here
Feb 25We Think Manitowoc Company's (NYSE:MTW) Profit Is Only A Baseline For What They Can Achieve
Feb 21
The Manitowoc Company: Recent Correction Is A Good Opportunity
Feb 19The Manitowoc Company, Inc. Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next
Feb 17Manitowoc: Cheap For A Reason
Nov 06The Manitowoc Company, Inc: Product Innovation Resulting In Compounding Growth
Sep 17Does Manitowoc Company (NYSE:MTW) Have A Healthy Balance Sheet?
Sep 08Returns Are Gaining Momentum At Manitowoc Company (NYSE:MTW)
Aug 10Manitowoc's Share Price Surge: Evaluating The Road Ahead
Jun 29Manitowoc Company (NYSE:MTW) Has No Shortage Of Debt
Apr 05There's Been No Shortage Of Growth Recently For Manitowoc Company's (NYSE:MTW) Returns On Capital
Mar 15The Manitowoc Company: Expect Outperformance To Continue
Feb 15Calculating The Fair Value Of The Manitowoc Company, Inc. (NYSE:MTW)
Jan 08The Manitowoc Company: A High Risk/High Reward Turnaround Play
Nov 14Manitowoc Q3 2022 Earnings Preview
Nov 06We Think Manitowoc Company (NYSE:MTW) Is Taking Some Risk With Its Debt
Oct 12Are Investors Undervaluing The Manitowoc Company, Inc. (NYSE:MTW) By 31%?
Aug 23Manitowoc Company (NYSE:MTW) Is Experiencing Growth In Returns On Capital
May 10The Manitowoc Company: Almost Not Worth The Volatility
Apr 20Here's Why Manitowoc Company (NYSE:MTW) Has A Meaningful Debt Burden
Feb 24There's Been No Shortage Of Growth Recently For Manitowoc Company's (NYSE:MTW) Returns On Capital
Jan 21Manitowoc: Ambitious Medium-Term Outlook Highlights The Upside Potential
Jan 12The Manitowoc Company, Inc.'s (NYSE:MTW) Intrinsic Value Is Potentially 58% Above Its Share Price
Nov 12Manitowoc Company (NYSE:MTW) Takes On Some Risk With Its Use Of Debt
Oct 26Returns At Manitowoc Company (NYSE:MTW) Are On The Way Up
Oct 11Statutory Profit Doesn't Reflect How Good Manitowoc Company's (NYSE:MTW) Earnings Are
Aug 13Rainbows and Unicorns: The Manitowoc Company, Inc. (NYSE:MTW) Analysts Just Became A Lot More Optimistic
Aug 08Manitowoc: H&E Equipment Acquisition Is A Positive Step
Aug 01Estimating The Intrinsic Value Of The Manitowoc Company, Inc. (NYSE:MTW)
Jul 19Manitowoc says 'cybersecurity incident' caused systems outage
Jun 09Manitowoc Company (NYSE:MTW) Seems To Be Using A Lot Of Debt
Jun 01Manitowoc Company (NYSE:MTW) Is Experiencing Growth In Returns On Capital
May 11The Manitowoc Company, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$7m | US$944k | US$39m |
| Sep 30 2023 | n/a | n/a | -US$97m |
| Jun 30 2023 | n/a | n/a | -US$105m |
| Mar 31 2023 | n/a | n/a | -US$110m |
| Dec 31 2022 | US$6m | US$887k | -US$124m |
| Sep 30 2022 | n/a | n/a | US$17m |
| Jun 30 2022 | n/a | n/a | US$14m |
| Mar 31 2022 | n/a | n/a | US$17m |
| Dec 31 2021 | US$5m | US$800k | US$11m |
| Sep 30 2021 | n/a | n/a | US$16m |
| Jun 30 2021 | n/a | n/a | US$16m |
| Mar 31 2021 | n/a | n/a | -US$14m |
| Dec 31 2020 | US$3m | US$638k | -US$19m |
| Sep 30 2020 | n/a | n/a | -US$12m |
| Jun 30 2020 | n/a | n/a | US$7m |
| Mar 31 2020 | n/a | n/a | US$66m |
| Dec 31 2019 | US$3m | US$481k | US$47m |
| Sep 30 2019 | n/a | n/a | -US$41m |
| Jun 30 2019 | n/a | n/a | -US$47m |
| Mar 31 2019 | n/a | n/a | -US$84m |
| Dec 31 2018 | US$2m | US$428k | -US$67m |
| Sep 30 2018 | n/a | n/a | US$47m |
| Jun 30 2018 | n/a | n/a | US$45m |
| Mar 31 2018 | n/a | n/a | US$36m |
| Dec 31 2017 | US$2m | US$387k | US$10m |
Compensation vs Market: Aaron's total compensation ($USD6.70M) is above average for companies of similar size in the US market ($USD2.43M).
Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.
CEO
Aaron Ravenscroft (45 yo)
3.7yrs
Tenure
US$6,698,208
Compensation
Mr. Aaron H. Ravenscroft serves as President, Chief Executive Officer and Director of The Manitowoc Company, Inc. since August 5, 2020 and served as its Executive Vice President of Cranes since September 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.7yrs | US$6.70m | 0.66% $ 3.0m | |
| Executive VP | 1.9yrs | US$2.16m | 0.14% $ 611.7k | |
| Executive VP | 1.9yrs | US$1.49m | 0.17% $ 750.2k | |
| Executive Vice President of Human Resources | 1.7yrs | US$1.51m | 0.11% $ 516.7k | |
| Executive Vice President of Americas & EU Mobile Cranes | 3.4yrs | US$1.93m | 0.19% $ 877.4k | |
| VP, Corporate Controller & Principal Accounting Officer | 2.2yrs | no data | 0.036% $ 162.7k | |
| Vice President of Marketing & Investor Relations | 9.8yrs | no data | no data |
2.2yrs
Average Tenure
45.5yo
Average Age
Experienced Management: MTW's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.7yrs | US$6.70m | 0.66% $ 3.0m | |
| Independent Director | 8.1yrs | US$246.24k | 0.20% $ 911.2k | |
| Independent Lead Director | 9.9yrs | US$242.49k | 0.17% $ 756.0k | |
| Independent Chairman | 20.3yrs | US$341.24k | 0.42% $ 1.9m | |
| Independent Director | 8.1yrs | US$241.24k | 0.20% $ 921.3k | |
| Independent Director | 8.1yrs | US$218.90k | 0.20% $ 913.4k | |
| Independent Director | 2.5yrs | US$227.49k | 0.052% $ 233.4k | |
| Independent Director | 4.3yrs | US$233.74k | 0.11% $ 514.2k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.5yrs | US$229.99k | 0.052% $ 233.4k |
6.2yrs
Average Tenure
59.5yo
Average Age
Experienced Board: MTW's board of directors are considered experienced (6.2 years average tenure).