Polaris Management
Management criteria checks 3/4
Polaris' CEO is Mike Speetzen, appointed in Apr 2021, has a tenure of 3.67 years. total yearly compensation is $8.87M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 0.058% of the company’s shares, worth $1.87M. The average tenure of the management team and the board of directors is 6.2 years and 8.9 years respectively.
Key information
Mike Speetzen
Chief executive officer
US$8.9m
Total compensation
| CEO salary percentage | 12.7% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.06% |
| Management average tenure | 6.2yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
Polaris (NYSE:PII) Could Be Struggling To Allocate Capital
Nov 12
Polaris: Despite Short-Term Challenges, Long-Term Outlook Is Favorable
Nov 10Polaris Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 25Polaris Inc.'s (NYSE:PII) Earnings Are Not Doing Enough For Some Investors
Oct 21Should You Think About Buying Polaris Inc. (NYSE:PII) Now?
Oct 06Polaris (NYSE:PII) Takes On Some Risk With Its Use Of Debt
Aug 31Polaris' Short-Term Prospects Are Increasingly Cloudy
Aug 28Polaris (NYSE:PII) Hasn't Managed To Accelerate Its Returns
Aug 13Earnings Miss: Polaris Inc. Missed EPS By 47% And Analysts Are Revising Their Forecasts
Jul 26Polaris Stock: Less Compelling Than Treasury Notes
Jul 24Polaris Inc. (NYSE:PII) Screens Well But There Might Be A Catch
Jul 02Polaris: Valuation Is Starting To Get Attractive
Jun 19At US$78.58, Is Polaris Inc. (NYSE:PII) Worth Looking At Closely?
Jun 18Does Polaris (NYSE:PII) Have A Healthy Balance Sheet?
May 22A Look At The Intrinsic Value Of Polaris Inc. (NYSE:PII)
May 09Shareholders Will Probably Hold Off On Increasing Polaris Inc.'s (NYSE:PII) CEO Compensation For The Time Being
Apr 19Polaris: Down 35% Since Last Year, It's Time To Buy
Apr 13Is Now The Time To Look At Buying Polaris Inc. (NYSE:PII)?
Mar 07Is Polaris (NYSE:PII) A Risky Investment?
Feb 20Polaris (NYSE:PII) Is Increasing Its Dividend To $0.66
Feb 05Polaris: Challenging Operating Conditions Persist Through Q4
Feb 05There's No Escaping Polaris Inc.'s (NYSE:PII) Muted Earnings
Feb 01Why We Like The Returns At Polaris (NYSE:PII)
Jan 17Polaris Gives You Value, And Amazing Upside Potential
Jan 04Is Polaris (NYSE:PII) Using Too Much Debt?
Nov 16At US$86.42, Is It Time To Put Polaris Inc. (NYSE:PII) On Your Watch List?
Nov 01Polaris Q3 Earnings: A Cautious Consumer And Higher Costs Weaken The Outlook
Oct 25Under The Bonnet, Polaris' (NYSE:PII) Returns Look Impressive
Oct 17Polaris: Cheaper Than Before, But Still Not At A Discount
Oct 04We Ran A Stock Scan For Earnings Growth And Polaris (NYSE:PII) Passed With Ease
Sep 10Polaris (NYSE:PII) Seems To Use Debt Quite Sensibly
Aug 03Polaris: Positive Q2 Results, Shares Fairly Valued
Jul 26Should You Investigate Polaris Inc. (NYSE:PII) At US$132?
Jul 19Still Happily Avoiding Polaris
Jul 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$204m |
| Jun 30 2024 | n/a | n/a | US$328m |
| Mar 31 2024 | n/a | n/a | US$393m |
| Dec 31 2023 | US$9m | US$1m | US$503m |
| Sep 30 2023 | n/a | n/a | US$596m |
| Jun 30 2023 | n/a | n/a | US$635m |
| Mar 31 2023 | n/a | n/a | US$642m |
| Dec 31 2022 | US$9m | US$1m | US$603m |
| Sep 30 2022 | n/a | n/a | US$497m |
| Jun 30 2022 | n/a | n/a | US$424m |
| Mar 31 2022 | n/a | n/a | US$437m |
| Dec 31 2021 | US$10m | US$1m | US$496m |
| Sep 30 2021 | n/a | n/a | US$604m |
| Jun 30 2021 | n/a | n/a | US$654m |
| Mar 31 2021 | n/a | n/a | US$263m |
| Dec 31 2020 | US$4m | US$644k | US$360m |
| Sep 30 2020 | n/a | n/a | US$25m |
| Jun 30 2020 | n/a | n/a | -US$53m |
| Mar 31 2020 | n/a | n/a | US$270m |
| Dec 31 2019 | US$3m | US$624k | US$324m |
| Sep 30 2019 | n/a | n/a | US$316m |
| Jun 30 2019 | n/a | n/a | US$324m |
| Mar 31 2019 | n/a | n/a | US$328m |
| Dec 31 2018 | US$3m | US$595k | US$335m |
| Sep 30 2018 | n/a | n/a | US$275m |
| Jun 30 2018 | n/a | n/a | US$262m |
| Mar 31 2018 | n/a | n/a | US$231m |
| Dec 31 2017 | US$3m | US$572k | US$172m |
Compensation vs Market: Mike's total compensation ($USD8.87M) is above average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Speetzen (55 yo)
3.7yrs
Tenure
US$8,873,477
Compensation
Mr. Michael T. Speetzen, also known as Mike, serves as the Chief Executive Officer of Polaris Inc. since April 30, 2021 and its Director since May 2021. He had been an Interim Chief Executive Officer at Po...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.7yrs | US$8.87m | 0.058% $ 1.9m | |
| CFO, Executive VP of Finance & Corporate Development | 8.7yrs | US$3.10m | 0.064% $ 2.1m | |
| President of Parts | 12.8yrs | US$2.47m | 0.043% $ 1.4m | |
| VP of Off Road Engineering & CTO | less than a year | no data | no data | |
| Senior VP and Chief Digital & Information Officer | no data | no data | no data | |
| Vice President of Investor Relations | 2.9yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 13.7yrs | US$2.48m | 0.035% $ 1.2m | |
| Chief Customer Growth Officer | no data | no data | no data | |
| President of On-Road & International | 9.3yrs | no data | 0.12% $ 3.9m | |
| President of Marine | 2.6yrs | no data | 0.015% $ 477.0k |
6.2yrs
Average Tenure
55.5yo
Average Age
Experienced Management: PII's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.6yrs | US$8.87m | 0.058% $ 1.9m | |
| Independent Chair of the Board | 17.4yrs | US$450.38k | no data | |
| Independent Director | 11.2yrs | US$310.68k | no data | |
| Independent Director | 7.3yrs | US$299.34k | 0.0072% $ 234.3k | |
| Executive Vice Chairman for TAP | 6.7yrs | no data | no data | |
| Independent Director | 8.9yrs | US$289.83k | 0.018% $ 586.3k | |
| Independent Director | 13.9yrs | US$304.46k | 0.0090% $ 291.1k | |
| Independent Director | 14.9yrs | US$277.52k | no data | |
| Independent Director | 3.4yrs | US$278.89k | no data | |
| Independent Director | 5.8yrs | US$287.38k | no data | |
| Independent Director | 9.4yrs | US$275.34k | 0.0022% $ 69.8k |
8.9yrs
Average Tenure
63yo
Average Age
Experienced Board: PII's board of directors are considered experienced (8.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 04:55 |
| End of Day Share Price | 2024/12/19 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 |
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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
Polaris Inc. is covered by 39 analysts. 18 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 |
|---|---|
| Craig Kennison | Baird |
| Ishan Majumdar | Baptista Research |
| David Kelley | BB&T Capital Markets |