Cognex Management
Management criteria checks 4/4
Cognex's CEO is Rob Willett, appointed in Jan 2010, has a tenure of 14.92 years. total yearly compensation is $6.96M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth $591.90K. The average tenure of the management team and the board of directors is 7.2 years and 3.8 years respectively.
Key information
Rob Willett
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | 14.9yrs |
| CEO ownership | 0.009% |
| Management average tenure | 7.2yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Is It Time To Consider Buying Cognex Corporation (NASDAQ:CGNX)?
Dec 10
Investors Appear Satisfied With Cognex Corporation's (NASDAQ:CGNX) Prospects
Nov 19Cognex: Not Out Of The Woods Yet
Nov 11Returns On Capital Signal Tricky Times Ahead For Cognex (NASDAQ:CGNX)
Oct 18Estimating The Fair Value Of Cognex Corporation (NASDAQ:CGNX)
Sep 17Cognex Corporation's (NASDAQ:CGNX) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors
Aug 15Cognex: Waiting For The Right Entry Point
Aug 08Earnings Beat: Cognex Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 04Is It Time To Consider Buying Cognex Corporation (NASDAQ:CGNX)?
Jul 26Cognex Suffering From Blurred Vision As End-Market Capex Trends Sort Themselves Out
Jul 01The Price Is Right For Cognex Corporation (NASDAQ:CGNX)
May 29It Looks Like Cognex Corporation's (NASDAQ:CGNX) CEO May Expect Their Salary To Be Put Under The Microscope
Apr 25Returns On Capital At Cognex (NASDAQ:CGNX) Paint A Concerning Picture
Apr 12Cognex (NASDAQ:CGNX) Will Pay A Dividend Of $0.075
Feb 19Cognex: Visionary Strategy
Jan 23Calculating The Intrinsic Value Of Cognex Corporation (NASDAQ:CGNX)
Jan 22Cognex (NASDAQ:CGNX) May Have Issues Allocating Its Capital
Jan 04Cognex Corporation's (NASDAQ:CGNX) Price Is Out Of Tune With Earnings
Dec 19Cognex Contends With Multiple Headwinds As New Fulfillment Center Activity Drops
Oct 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 29 2024 | n/a | n/a | US$89m |
| Jun 30 2024 | n/a | n/a | US$78m |
| Mar 31 2024 | n/a | n/a | US$100m |
| Dec 31 2023 | US$7m | US$676k | US$113m |
| Oct 01 2023 | n/a | n/a | US$157m |
| Jul 02 2023 | n/a | n/a | US$172m |
| Apr 02 2023 | n/a | n/a | US$174m |
| Dec 31 2022 | US$7m | US$672k | US$216m |
| Oct 02 2022 | n/a | n/a | US$214m |
| Jul 03 2022 | n/a | n/a | US$259m |
| Apr 03 2022 | n/a | n/a | US$277m |
| Dec 31 2021 | US$11m | US$651k | US$280m |
| Oct 03 2021 | n/a | n/a | US$296m |
| Jul 04 2021 | n/a | n/a | US$304m |
| Apr 04 2021 | n/a | n/a | US$226m |
| Dec 31 2020 | US$4m | US$173k | US$176m |
| Sep 27 2020 | n/a | n/a | US$187m |
| Jun 28 2020 | n/a | n/a | US$141m |
| Mar 29 2020 | n/a | n/a | US$191m |
| Dec 31 2019 | US$4m | US$376k | US$204m |
| Sep 29 2019 | n/a | n/a | US$169m |
| Jun 30 2019 | n/a | n/a | US$208m |
| Mar 31 2019 | n/a | n/a | US$215m |
| Dec 31 2018 | US$3m | US$376k | US$219m |
| Sep 30 2018 | n/a | n/a | US$146m |
| Jul 01 2018 | n/a | n/a | US$168m |
| Apr 01 2018 | n/a | n/a | US$168m |
| Dec 31 2017 | US$4m | US$376k | US$177m |
Compensation vs Market: Rob's total compensation ($USD6.96M) is about average for companies of similar size in the US market ($USD7.88M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
CEO
Rob Willett (56 yo)
14.9yrs
Tenure
US$6,959,914
Compensation
Mr. Robert J. Willett, also known as Rob, has been the Chief Executive Officer of Cognex Corporation, since March 16, 2011. Mr. Willett has been President of Cognex Corporation since January 2010. He overs...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 14.9yrs | US$6.96m | 0.0092% $ 591.9k | |
| Senior VP of Advanced Vision Technology & CTO | 2.5yrs | US$2.13m | 0.0017% $ 109.9k | |
| Executive VP of Employee Services and Corporate Officer & Chief Culture Officer | 7.2yrs | US$1.84m | 0.0023% $ 149.7k | |
| Executive Vice President of Vision | 4.2yrs | US$2.87m | no data | |
| Founder | 43.9yrs | US$216.05k | no data | |
| Senior VP of Finance & CFO | less than a year | no data | 0.0038% $ 246.1k | |
| VP of Finance | 17yrs | US$1.23m | 0.0022% $ 142.0k | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Corporate Communications Contractor | no data | no data | no data | |
| Senior Vice President Worldwide Sales & Marketing | no data | no data | no data | |
| Secretary | no data | US$538.28k | no data | |
| Secretary | no data | no data | no data |
7.2yrs
Average Tenure
56yo
Average Age
Experienced Management: CGNX's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 13.7yrs | US$6.96m | 0.0092% $ 591.9k | |
| Founder | 3.6yrs | US$216.05k | no data | |
| Chairman & Lead Independent Director | 42.9yrs | US$399.53k | 0.20% $ 12.7m | |
| Independent Director | 3.1yrs | US$339.87k | 0.0022% $ 144.0k | |
| Independent Director | 3.9yrs | US$335.87k | 0.0037% $ 237.8k | |
| Independent Director | 1.8yrs | US$307.42k | 0.00059% $ 37.9k | |
| Independent Director | 2.6yrs | US$344.87k | 0.0018% $ 113.1k | |
| Independent Director | 6.7yrs | US$343.53k | 0.0066% $ 424.8k |
3.8yrs
Average Tenure
61yo
Average Age
Experienced Board: CGNX's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 23:23 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/29 |
| 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 |
| |
| Management | 10 years |
| |
| 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
Cognex Corporation is covered by 37 analysts. 21 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 |
|---|---|
| Robert Mason | Baird |
| Alek Gasiel | Barrington Research Associates, Inc. |
| Holden Lewis | BB&T Capital Markets |