Manitowoc Company Management
Management criteria checks 2/4
Manitowoc Company's CEO is Aaron Ravenscroft, appointed in Aug 2020, has a tenure of 4.33 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 $2.01M. The average tenure of the management team and the board of directors is 2.8 years and 5 years respectively.
Key information
Aaron Ravenscroft
Chief executive officer
US$6.7m
Total compensation
| CEO salary percentage | 14.1% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2.8yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Results: The Manitowoc Company, Inc. Delivered A Surprise Loss And Now Analysts Have New Forecasts
Nov 01
Is Manitowoc Company (NYSE:MTW) Using Too Much Debt?
Oct 18Manitowoc: Unfavorable Growth Prospects In The Near Term (Rating Downgrade)
Sep 26The Manitowoc Company, Inc. Just Missed EPS By 92%: Here's What Analysts Think Will Happen Next
Aug 09Here's What To Make Of Manitowoc Company's (NYSE:MTW) Decelerating Rates Of Return
Aug 05Take Care Before Diving Into The Deep End On The Manitowoc Company, Inc. (NYSE:MTW)
Jul 17The Manitowoc Company: AI Data Centers, Chip Factories And Infrastructure Are Driving Crane Demand
Jun 18The Manitowoc Company, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
May 12The 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 21The 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 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$9m |
| Jun 30 2024 | n/a | n/a | US$9m |
| Mar 31 2024 | n/a | n/a | US$27m |
| 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 ($USD2.16M).
Compensation vs Earnings: Aaron's compensation has increased whilst the company is unprofitable.
CEO
Aaron Ravenscroft (46 yo)
4.3yrs
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 | 4.3yrs | US$6.70m | 0.66% $ 2.0m | |
| Executive VP | 2.6yrs | US$2.16m | 0.14% $ 427.9k | |
| Executive VP | 2.6yrs | US$1.49m | 0.16% $ 490.5k | |
| Executive Vice President of Human Resources | 2.3yrs | US$1.51m | 0.12% $ 363.5k | |
| Executive Vice President of Americas & EU Mobile Cranes | 4.1yrs | US$1.93m | 0.19% $ 586.5k | |
| VP, Corporate Controller & Principal Accounting Officer | 2.8yrs | no data | 0.036% $ 107.9k | |
| Vice President of Marketing & Investor Relations | 10.4yrs | no data | no data |
2.8yrs
Average Tenure
46.5yo
Average Age
Experienced Management: MTW's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$6.70m | 0.66% $ 2.0m | |
| Independent Director | 8.8yrs | US$246.24k | 0.20% $ 609.1k | |
| Independent Lead Director | 10.6yrs | US$242.49k | 0.17% $ 505.4k | |
| Independent Chairman | 20.9yrs | US$341.24k | 0.42% $ 1.3m | |
| Independent Director | 8.8yrs | US$241.24k | 0.20% $ 615.9k | |
| Independent Director | 3.2yrs | US$227.49k | 0.051% $ 156.0k | |
| Independent Director | 5yrs | US$233.74k | 0.11% $ 343.7k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 3.2yrs | US$229.99k | 0.051% $ 156.0k |
5.0yrs
Average Tenure
61yo
Average Age
Experienced Board: MTW's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:11 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
The Manitowoc Company, Inc. is covered by 30 analysts. 5 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 |
|---|---|
| Mircea Dobre | Baird |
| Andrew Kaplowitz | Barclays |
| Adam Seiden | Barclays |