Toro Management
Management criteria checks 3/4
Toro's CEO is Rick Olson, appointed in Sep 2015, has a tenure of 8.58 years. total yearly compensation is $9.03M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth $3.10M. The average tenure of the management team and the board of directors is 2 years and 5.1 years respectively.
Key information
Rick Olson
Chief executive officer
US$9.0m
Total compensation
| CEO salary percentage | 12.5% |
| CEO tenure | 8.6yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2yrs |
| Board average tenure | 5.1yrs |
Recent management updates
The Toro Company's (NYSE:TTC) CEO Might Not Expect Shareholders To Be So Generous This Year
Mar 13
We Take A Look At Why The Toro Company's (NYSE:TTC) CEO Has Earned Their Pay Packet
Mar 15Recent updates
Estimating The Fair Value Of The Toro Company (NYSE:TTC)
Mar 31The Toro Company's (NYSE:TTC) CEO Might Not Expect Shareholders To Be So Generous This Year
Mar 13The Toro Company Just Missed Earnings - But Analysts Have Updated Their Models
Mar 11Toro Q1: Don't Forget It's A Seasonal Business
Mar 08Here's Why Toro (NYSE:TTC) Can Manage Its Debt Responsibly
Feb 25The Toro Company (NYSE:TTC) Not Lagging Market On Growth Or Pricing
Feb 06Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal
Jan 15Some Investors May Be Willing To Look Past Toro's (NYSE:TTC) Soft Earnings
Dec 28Toro Has Been Cut Low Enough (Rating Upgrade)
Dec 21Toro (NYSE:TTC) Is Increasing Its Dividend To $0.36
Dec 16Does Toro (NYSE:TTC) Have A Healthy Balance Sheet?
Nov 23The Toro Company: Excellent Opportunities Often Arise After Disappointing Results
Oct 17Be Wary Of Toro (NYSE:TTC) And Its Returns On Capital
Oct 07A Look At The Fair Value Of The Toro Company (NYSE:TTC)
Sep 18Toro: Investors Get The Horns
Sep 08With EPS Growth And More, Toro (NYSE:TTC) Makes An Interesting Case
Aug 16Is Toro (NYSE:TTC) Using Too Much Debt?
Aug 04Should Toro Trim Its Residential Business?
Jul 04Toro (NYSE:TTC) Will Be Hoping To Turn Its Returns On Capital Around
Jun 28Toro's (NYSE:TTC) Upcoming Dividend Will Be Larger Than Last Year's
Jun 13The Toro Company (NYSE:TTC) Shares Could Be 29% Above Their Intrinsic Value Estimate
Jun 09The Toro Company: Growth Challenges Ahead
May 31Toro (NYSE:TTC) Is Increasing Its Dividend To $0.34
May 27Should You Be Adding Toro (NYSE:TTC) To Your Watchlist Today?
May 03Toro (NYSE:TTC) Could Easily Take On More Debt
Mar 27We Take A Look At Why The Toro Company's (NYSE:TTC) CEO Has Earned Their Pay Packet
Mar 15Estimating The Fair Value Of The Toro Company (NYSE:TTC)
Mar 09Does Toro (NYSE:TTC) Deserve A Spot On Your Watchlist?
Jan 30The Toro Company: Price Reflects Maximum Growth Potential
Jan 18Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal
Jan 16Toro (NYSE:TTC) Has Announced That It Will Be Increasing Its Dividend To $0.34
Dec 22Toro Q4 2022 Earnings Preview
Dec 20We Think Toro (NYSE:TTC) Can Stay On Top Of Its Debt
Dec 15Toro increases dividend by ~13%
Dec 13A Look At The Intrinsic Value Of The Toro Company (NYSE:TTC)
Dec 01Wedgewood Partners - Toro Co.: Disciplined Capital Allocation And Aggressiveness
Nov 10Be Wary Of Toro (NYSE:TTC) And Its Returns On Capital
Oct 12The Toro Company's Growth Prospects Look Compelling
Oct 04Toro declares $0.30 dividend
Sep 20Toro (NYSE:TTC) Seems To Use Debt Quite Sensibly
Sep 14Toro Non-GAAP EPS of $1.19 beats by $0.06, revenue of $1.16B misses by $10M, raises FY earning guidance
Sep 01Are Investors Undervaluing The Toro Company (NYSE:TTC) By 43%?
Aug 31Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal
Jul 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 02 2024 | n/a | n/a | US$288m |
| Oct 31 2023 | US$9m | US$1m | US$330m |
| Aug 04 2023 | n/a | n/a | US$377m |
| May 05 2023 | n/a | n/a | US$517m |
| Feb 03 2023 | n/a | n/a | US$481m |
| Oct 31 2022 | US$7m | US$1m | US$443m |
| Jul 29 2022 | n/a | n/a | US$386m |
| Apr 29 2022 | n/a | n/a | US$357m |
| Jan 28 2022 | n/a | n/a | US$368m |
| Oct 31 2021 | US$9m | US$1m | US$410m |
| Jul 30 2021 | n/a | n/a | US$422m |
| Apr 30 2021 | n/a | n/a | US$415m |
| Jan 29 2021 | n/a | n/a | US$371m |
| Oct 31 2020 | US$6m | US$871k | US$330m |
| Jul 31 2020 | n/a | n/a | US$296m |
| May 01 2020 | n/a | n/a | US$267m |
| Jan 31 2020 | n/a | n/a | US$285m |
| Oct 31 2019 | US$5m | US$925k | US$274m |
| Aug 02 2019 | n/a | n/a | US$275m |
| May 03 2019 | n/a | n/a | US$293m |
| Feb 01 2019 | n/a | n/a | US$309m |
| Oct 31 2018 | US$5m | US$875k | US$272m |
| Aug 03 2018 | n/a | n/a | US$267m |
| May 04 2018 | n/a | n/a | US$256m |
| Feb 02 2018 | n/a | n/a | US$245m |
| Oct 31 2017 | US$5m | US$775k | US$268m |
Compensation vs Market: Rick's total compensation ($USD9.03M) is about average for companies of similar size in the US market ($USD8.30M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rick Olson (59 yo)
8.6yrs
Tenure
US$9,025,811
Compensation
Mr. Richard M. Olson, also known as Rick, serves as Director at Donaldson Company, Inc since January 27, 2022. He has been the Chief Executive Officer of The Toro Company since November 1, 2016 and has bee...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 8.6yrs | US$9.03m | 0.034% $ 3.1m | |
| VP & CFO | 1.1yrs | US$2.09m | 0.0058% $ 525.7k | |
| VP, General Counsel & Corporate Secretary | less than a year | US$1.86m | no data | |
| Group Vice President of Landscapes & Contractor | no data | US$1.57m | 0.0052% $ 466.9k | |
| VP of Global Operations & Integrated Supply Chain | 2.4yrs | US$3.38m | 0.0033% $ 295.9k | |
| Vice President of Technology | 3.4yrs | no data | 0.021% $ 1.9m | |
| Treasurer | no data | no data | no data | |
| Senior Manager of Public Relations | no data | no data | no data | |
| Vice President of Strategy | less than a year | no data | no data | |
| Vice President of Human Resources | 1.7yrs | no data | 0.0028% $ 250.6k | |
| Managing Director of Distributor Development | 9yrs | no data | no data | |
| Director | no data | no data | no data |
2.0yrs
Average Tenure
53.5yo
Average Age
Experienced Management: TTC's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 8.3yrs | US$9.03m | 0.034% $ 3.1m | |
| Independent Director | 8yrs | US$222.90k | 0.010% $ 922.0k | |
| Lead Independent Director | 17.8yrs | US$262.15k | 0.032% $ 2.9m | |
| Independent Director | 5.1yrs | US$233.12k | 0.0067% $ 608.0k | |
| Independent Director | 11.7yrs | US$276.99k | no data | |
| Independent Director | 2.1yrs | US$261.68k | 0.0018% $ 162.9k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.1yrs | US$222.90k | 0.000020% $ 1.8k | |
| Independent Director | 2.1yrs | US$65.14k | 0.0022% $ 194.5k |
5.1yrs
Average Tenure
58yo
Average Age
Experienced Board: TTC's board of directors are considered experienced (5.1 years average tenure).