Polaris Management
Management criteria checks 3/4
Polaris' CEO is Mike Speetzen, appointed in Apr 2021, has a tenure of 2.92 years. total yearly compensation is $8.87M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth $2.52M. The average tenure of the management team and the board of directors is 7.1 years and 8.3 years respectively.
Key information
Mike Speetzen
Chief executive officer
US$8.9m
Total compensation
| CEO salary percentage | 12.7% |
| CEO tenure | 3yrs |
| CEO ownership | 0.05% |
| Management average tenure | 7.1yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
Shareholders Will Probably Hold Off On Increasing Polaris Inc.'s (NYSE:PII) CEO Compensation For The Time Being
Apr 19
Polaris: 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 18Polaris (NYSE:PII) Could Become A Multi-Bagger
Jul 06Is There An Opportunity With Polaris Inc.'s (NYSE:PII) 37% Undervaluation?
Jun 22If EPS Growth Is Important To You, Polaris (NYSE:PII) Presents An Opportunity
Jun 08Polaris: A Tricky Prospect At This Valuation, But Still A Buy
Jun 07Polaris' (NYSE:PII) Shareholders Will Receive A Bigger Dividend Than Last Year
May 22Polaris' (NYSE:PII) Dividend Will Be Increased To $0.65
May 01Is Polaris (NYSE:PII) A Risky Investment?
Apr 06Polaris (NYSE:PII) Knows How To Allocate Capital Effectively
Mar 22Is Polaris Inc. (NYSE:PII) Potentially Undervalued?
Mar 07Polaris' (NYSE:PII) Upcoming Dividend Will Be Larger Than Last Year's
Feb 20Polaris (NYSE:PII) Is Paying Out A Larger Dividend Than Last Year
Feb 06We Ran A Stock Scan For Earnings Growth And Polaris (NYSE:PII) Passed With Ease
Feb 02Polaris Q4 2022 Earnings Preview
Jan 30Polaris Is Still Too Expensive
Jan 20Is There An Opportunity With Polaris Inc.'s (NYSE:PII) 38% Undervaluation?
Jan 19How Polaris Fares With My Investment Criteria
Jan 09Investors Shouldn't Overlook The Favourable Returns On Capital At Polaris (NYSE:PII)
Dec 01Is Polaris (NYSE:PII) A Risky Investment?
Nov 13Polaris: Still Worth Consideration Ahead Of Q3 2022 Earnings
Oct 22Is It Too Late To Consider Buying Polaris Inc. (NYSE:PII)?
Sep 30Polaris: Buying Straw Hats In Winter
Sep 02We Think Polaris (NYSE:PII) Might Have The DNA Of A Multi-Bagger
Aug 28Polaris: Inflation Has Resulted In Contracted Profit Margins
Aug 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD6.65M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Speetzen (54 yo)
3yrs
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 | 3yrs | US$8.87m | 0.053% $ 2.5m | |
| CFO, Executive VP of Finance & Corporate Development | 8yrs | US$3.10m | 0.044% $ 2.1m | |
| President of Off-Road | 8.6yrs | US$3.02m | 0.048% $ 2.3m | |
| President of Parts | 12.2yrs | US$2.47m | 0.042% $ 2.0m | |
| 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 | 2.3yrs | no data | no data | |
| Senior VP | 6.3yrs | US$3.54m | 0.039% $ 1.9m | |
| Senior VP & Chief Human Resources Officer | 13yrs | US$2.48m | 0.035% $ 1.7m | |
| Chief Customer Growth Officer | no data | no data | no data | |
| President of On-Road & International | 8.6yrs | no data | 0.12% $ 5.7m | |
| President of Marine | 1.9yrs | no data | 0.015% $ 687.3k |
7.1yrs
Average Tenure
54.5yo
Average Age
Experienced Management: PII's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.9yrs | US$8.87m | 0.053% $ 2.5m | |
| Independent Chair of the Board | 16.8yrs | US$433.05k | no data | |
| Independent Director | 10.5yrs | US$284.37k | no data | |
| Independent Director | 6.7yrs | US$299.34k | 0.0071% $ 337.7k | |
| Executive Vice Chairman for TAP | 6yrs | no data | no data | |
| Independent Director | 8.3yrs | US$289.83k | 0.018% $ 844.5k | |
| Independent Director | 13.3yrs | US$304.46k | 0.0089% $ 419.2k | |
| Independent Director | 14.3yrs | US$277.52k | no data | |
| Independent Director | 2.8yrs | US$278.89k | no data | |
| Independent Director | 5.1yrs | US$257.29k | no data | |
| Independent Director | 8.8yrs | US$257.87k | 0.0021% $ 100.4k |
8.3yrs
Average Tenure
62yo
Average Age
Experienced Board: PII's board of directors are considered experienced (8.3 years average tenure).