Douglas Dynamics Management
Management criteria checks 4/4
Douglas Dynamics' CEO is Bob McCormick, appointed in Jan 2019, has a tenure of 5.33 years. total yearly compensation is $2.49M, comprised of 30.4% salary and 69.6% bonuses, including company stock and options. directly owns 0.99% of the company’s shares, worth $5.13M. The average tenure of the management team and the board of directors is 6 years and 11.9 years respectively.
Key information
Bob McCormick
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 30.4% |
| CEO tenure | 5.3yrs |
| CEO ownership | 1.0% |
| Management average tenure | 6yrs |
| Board average tenure | 11.9yrs |
Recent management updates
Recent updates
Douglas Dynamics: Priced For (Potentially) Attractive Returns
May 02How The Weather Can Save Douglas Dynamics
Apr 10Earnings Tell The Story For Douglas Dynamics, Inc. (NYSE:PLOW)
Feb 01
Douglas Dynamics, Inc.'s (NYSE:PLOW) Intrinsic Value Is Potentially 29% Above Its Share Price
Jan 04Diving Into Douglas Dynamics
Oct 10Douglas Dynamics: Current Share Price A Good Opportunity For Long-Term Dividend Investors
Sep 09If EPS Growth Is Important To You, Douglas Dynamics (NYSE:PLOW) Presents An Opportunity
Aug 02Douglas Dynamics: Plowing Through The Pain
Jun 23Douglas Dynamics (NYSE:PLOW) Is Paying Out A Dividend Of $0.295
Jun 10Douglas Dynamics reports mixed Q4 earnings; initiates FY23 outlook
Feb 21Douglas Dynamics Still Offers Upside From Here
Jan 09Douglas Dynamics declares $0.29 dividend
Dec 07Douglas Dynamics GAAP EPS of $0.56 beats by $0.13, revenue of $166.1M beats by $11.75M
Oct 31Returns On Capital At Douglas Dynamics (NYSE:PLOW) Have Hit The Brakes
Oct 22Douglas Dynamics' (NYSE:PLOW) Dividend Will Be $0.29
Sep 10Douglas Dynamics declares $0.29 dividend
Sep 06An Intrinsic Calculation For Douglas Dynamics, Inc. (NYSE:PLOW) Suggests It's 42% Undervalued
Aug 24Douglas Dynamics: Buy Now, Winter Is Coming
Aug 22Douglas Dynamics reports Q2 earnings beat; narrowed 2022 guidance
Aug 02These 4 Measures Indicate That Douglas Dynamics (NYSE:PLOW) Is Using Debt Extensively
Jul 30At US$28.06, Is It Time To Put Douglas Dynamics, Inc. (NYSE:PLOW) On Your Watch List?
Jun 17Douglas Dynamics: Plowing Your Way To Profits
Mar 31Douglas Dynamics: Strong Cash Generation Despite Current Headwinds
Dec 29An Intrinsic Calculation For Douglas Dynamics, Inc. (NYSE:PLOW) Suggests It's 40% Undervalued
Dec 15Return Trends At Douglas Dynamics (NYSE:PLOW) Aren't Appealing
Oct 27Should You Investigate Douglas Dynamics, Inc. (NYSE:PLOW) At US$38.84?
Aug 15Douglas Dynamics Is Not Cheap Enough Yet
Aug 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$28m |
| Dec 31 2023 | US$2m | US$757k | US$23m |
| Sep 30 2023 | n/a | n/a | US$28m |
| Jun 30 2023 | n/a | n/a | US$35m |
| Mar 31 2023 | n/a | n/a | US$29m |
| Dec 31 2022 | US$4m | US$721k | US$38m |
| Sep 30 2022 | n/a | n/a | US$35m |
| Jun 30 2022 | n/a | n/a | US$29m |
| Mar 31 2022 | n/a | n/a | US$26m |
| Dec 31 2021 | US$3m | US$700k | US$30m |
| Sep 30 2021 | n/a | n/a | US$40m |
| Jun 30 2021 | n/a | n/a | US$42m |
| Mar 31 2021 | n/a | n/a | -US$76m |
| Dec 31 2020 | US$2m | US$656k | -US$87m |
| Sep 30 2020 | n/a | n/a | -US$93m |
| Jun 30 2020 | n/a | n/a | -US$90m |
| Mar 31 2020 | n/a | n/a | US$39m |
| Dec 31 2019 | US$2m | US$575k | US$49m |
| Sep 30 2019 | n/a | n/a | US$52m |
| Jun 30 2019 | n/a | n/a | US$49m |
| Mar 31 2019 | n/a | n/a | US$45m |
| Dec 31 2018 | US$1m | US$464k | US$43m |
| Sep 30 2018 | n/a | n/a | US$63m |
| Jun 30 2018 | n/a | n/a | US$62m |
| Mar 31 2018 | n/a | n/a | US$56m |
| Dec 31 2017 | US$1m | US$402k | US$55m |
Compensation vs Market: Bob's total compensation ($USD2.49M) is about average for companies of similar size in the US market ($USD2.41M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
CEO
Bob McCormick (62 yo)
5.3yrs
Tenure
US$2,490,873
Compensation
Mr. Robert L. McCormick, also known as Bob, is Independent Director at Mayville Engineering Company, Inc. since December 21, 2022. He has been President, Chief Executive Officer and Director of Douglas Dyn...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$2.49m | 0.99% $ 5.1m | |
| Executive VP | 6.8yrs | US$1.03m | 0.19% $ 986.2k | |
| Chief Human Resources Officer | 15.9yrs | US$578.64k | 0.14% $ 718.3k | |
| President of Work Truck Attachments | 1.3yrs | US$581.99k | 0.039% $ 202.8k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Director of Operational Excellence | no data | no data | no data | |
| VP, Corporate Controller & Treasurer | no data | no data | 0.041% $ 213.9k | |
| Director of Organizational Development | no data | no data | no data |
6.0yrs
Average Tenure
56yo
Average Age
Experienced Management: PLOW's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$2.49m | 0.99% $ 5.1m | |
| Independent Director | 12.8yrs | US$200.43k | 0.15% $ 806.3k | |
| Independent Director | 11.9yrs | US$195.43k | 0.15% $ 760.8k | |
| Lead Independent Director | 13.6yrs | US$203.32k | 0.16% $ 847.8k | |
| Chairman | 20.3yrs | US$260.43k | 0.59% $ 3.1m | |
| Independent Director | 3.6yrs | US$190.82k | 0.057% $ 296.8k | |
| Independent Director | 1.7yrs | US$186.86k | 0.038% $ 196.8k |
11.9yrs
Average Tenure
62yo
Average Age
Experienced Board: PLOW's board of directors are seasoned and experienced ( 11.9 years average tenure).