Trane Technologies Management
Management criteria checks 2/4
Trane Technologies' CEO is Dave Regnery, appointed in Jul 2021, has a tenure of 3.42 years. total yearly compensation is $22.86M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth $40.16M. The average tenure of the management team and the board of directors is 3.4 years and 14.1 years respectively.
Key information
Dave Regnery
Chief executive officer
US$22.9m
Total compensation
| CEO salary percentage | 6.0% |
| CEO tenure | 3.4yrs |
| CEO ownership | 0.05% |
| Management average tenure | 3.4yrs |
| Board average tenure | 14.1yrs |
Recent management updates
Recent updates
Trane Technologies Q3: Strong North America And Weak China
Oct 31Trane Technologies: Good Growth Prospects, But High Valuation Limits Upside (Rating Downgrade)
Jul 29Trane Technologies: It's Not Going To Get Cooler
Jun 12Trane Technologies: This Steaming Valuation Needs To Cool Down Before I Buy
May 31Trane Technologies: Strong Commercial HVAC Growth In FY24
Mar 20Don't Be Afraid To Hop Aboard The Trane
Feb 08Trane Technologies: Good Growth Prospects And A Reasonable Valuation
Nov 29Trane Technologies: Powering A Sustainable And Lucrative Future
Sep 21Trane Technologies: A Good Buy At Current Levels
Sep 08Trane Technologies: Riding Energy Efficiency And Decarbonization
Jun 27Trane Technologies: Buy For Good Total Return, But A Bit Pricey At Present
Feb 16Trane Technologies lifts dividend by 12% to $0.75/share
Feb 09Trane Technologies Q4 2022 Earnings Preview
Feb 01Trane Technologies Offers A Multipart Puzzle Between Industry Drivers, Macro Risk, And Valuation
Nov 09Trane Technologies Q3 2022 Earnings Preview
Nov 01Trane Technologies declares $0.67 dividend
Oct 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$23m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$13m | US$1m | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$13m | US$1m | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$9m | US$850k | US$977m |
| Sep 30 2020 | n/a | n/a | US$941m |
| Jun 30 2020 | n/a | n/a | US$917m |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$7m | US$761k | US$1b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | US$4m | US$730k | US$1b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$1b |
| Dec 31 2017 | US$6m | US$574k | US$1b |
Compensation vs Market: Dave's total compensation ($USD22.86M) is above average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.
CEO
Dave Regnery (61 yo)
3.4yrs
Tenure
US$22,856,344
Compensation
Mr. David S. Regnery, also known as Dave, is Director of L3Harris Technologies, Inc. from October 2024. Mr. Regnery serves as President and Chief Executive Officer of Thermo King Corporation. He serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 3.4yrs | US$22.86m | 0.047% $ 40.2m | |
| Executive VP & CFO | 4.8yrs | US$5.99m | 0.0079% $ 6.7m | |
| Executive VP | 13.3yrs | US$3.72m | 0.040% $ 33.5m | |
| Senior VP | 11.2yrs | US$3.27m | 0.0087% $ 7.4m | |
| Executive VP & Chief Integrated Supply Chain Officer | 3.4yrs | US$2.86m | 0.00098% $ 831.6k | |
| VP, Chief Accounting Officer & Principal Accounting Officer | less than a year | no data | 0.0019% $ 1.6m | |
| Senior VP & Chief Information Officer | 11.9yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | 2.9yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 2.9yrs | no data | 0.0046% $ 3.9m | |
| Group President of Asia Pacific | no data | no data | no data | |
| Group President of Americas | no data | no data | 0.0053% $ 4.5m |
3.4yrs
Average Tenure
55yo
Average Age
Experienced Management: TT's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 3.4yrs | US$22.86m | 0.047% $ 40.2m | |
| Executive VP | no data | US$3.72m | 0.040% $ 33.5m | |
| Lead Independent Director | 17.9yrs | US$443.18k | 0.014% $ 12.0m | |
| Independent Director | 11.9yrs | US$396.22k | 0.0056% $ 4.7m | |
| Independent Director | 23.9yrs | US$377.40k | 0.015% $ 13.0m | |
| Independent Director | 9.8yrs | US$369.42k | 0.0036% $ 3.1m | |
| Independent Director | 4yrs | US$399.02k | 0.0010% $ 874.0k | |
| Independent Director | 6.9yrs | US$391.20k | 0.0023% $ 2.0m | |
| Member of Advisory Council | 14.1yrs | no data | no data | |
| Member of Advisory Council | 14.1yrs | no data | no data | |
| Member of Advisory Council | 14.1yrs | no data | no data | |
| Member of Advisory Council | 14.1yrs | no data | no data |
14.1yrs
Average Tenure
69yo
Average Age
Experienced Board: TT's board of directors are seasoned and experienced ( 14.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:34 |
| 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 |
| |
| 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
Trane Technologies plc is covered by 44 analysts. 24 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 |
|---|---|
| John Eade | Argus Research Company |
| Timothy Wojs | Baird |
| Julian Mitchell | Barclays |