Cognex Management
Management criteria checks 4/4
Cognex's CEO is Rob Willett, appointed in Jan 2010, has a tenure of 14.42 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 $742.16K. The average tenure of the management team and the board of directors is 6.7 years and 3.3 years respectively.
Key information
Rob Willett
Chief executive officer
US$7.0m
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | 14.4yrs |
| CEO ownership | 0.009% |
| Management average tenure | 6.7yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
The Price Is Right For Cognex Corporation (NASDAQ:CGNX)
May 29
It 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 19Is It Too Late To Consider Buying Cognex Corporation (NASDAQ:CGNX)?
Dec 01Cognex (NASDAQ:CGNX) Will Be Hoping To Turn Its Returns On Capital Around
Oct 03What Is Cognex Corporation's (NASDAQ:CGNX) Share Price Doing?
Jul 24Investors Could Be Concerned With Cognex's (NASDAQ:CGNX) Returns On Capital
Jul 03What Is Cognex Corporation's (NASDAQ:CGNX) Share Price Doing?
Apr 25Cognex's (NASDAQ:CGNX) Returns On Capital Not Reflecting Well On The Business
Apr 04What Does Cognex Corporation's (NASDAQ:CGNX) Share Price Indicate?
Jan 20The Returns On Capital At Cognex (NASDAQ:CGNX) Don't Inspire Confidence
Jan 02Should You Think About Buying Cognex Corporation (NASDAQ:CGNX) Now?
Oct 08Cognex Contends With Multiple Headwinds As New Fulfillment Center Activity Drops
Oct 04Return Trends At Cognex (NASDAQ:CGNX) Aren't Appealing
Sep 23Are Cognex Corporation (NASDAQ:CGNX) Investors Paying Above The Intrinsic Value?
Sep 08News Flash: 16 Analysts Think Cognex Corporation (NASDAQ:CGNX) Earnings Are Under Threat
Aug 08Cognex Corporation declares $0.065 dividend
Aug 02We Ran A Stock Scan For Earnings Growth And Cognex (NASDAQ:CGNX) Passed With Ease
Aug 01Cognex: I Like What I Am Seeing With This Vision Play
Jul 08At US$42.97, Is It Time To Put Cognex Corporation (NASDAQ:CGNX) On Your Watch List?
Jun 20The Returns At Cognex (NASDAQ:CGNX) Aren't Growing
Jun 05Cognex Corporation's (NASDAQ:CGNX) Intrinsic Value Is Potentially 31% Above Its Share Price
May 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD8.45M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
CEO
Rob Willett (56 yo)
14.4yrs
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 | 14.4yrs | US$6.96m | 0.0092% $ 742.2k | |
| Senior VP of Advanced Vision Technology & CTO | 2yrs | US$2.13m | 0.0017% $ 137.9k | |
| Executive VP of Employee Services and Corporate Officer & Chief Culture Officer | 6.7yrs | US$1.84m | 0.0023% $ 188.0k | |
| Executive Vice President of Vision | 3.7yrs | US$2.87m | 0% $ 0 | |
| Founder | 43.4yrs | US$216.05k | 0% $ 0 | |
| Senior VP of Finance & CFO | less than a year | no data | no data | |
| VP of Finance | 16.5yrs | US$1.23m | 0.0022% $ 177.5k | |
| 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 |
6.7yrs
Average Tenure
56yo
Average Age
Experienced Management: CGNX's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 13.2yrs | US$6.96m | 0.0092% $ 742.2k | |
| Founder | 3.1yrs | US$216.05k | 0% $ 0 | |
| Chairman & Lead Independent Director | 42.4yrs | US$399.53k | 0.20% $ 15.9m | |
| Independent Director | 2.6yrs | US$339.87k | 0.0021% $ 167.8k | |
| Independent Director | 3.4yrs | US$335.87k | 0.0037% $ 297.7k | |
| Independent Director | 1.3yrs | US$307.42k | 0.00059% $ 47.6k | |
| Independent Director | 2.1yrs | US$344.87k | 0.0018% $ 141.2k | |
| Independent Director | 6.2yrs | US$343.53k | 0.0054% $ 438.8k |
3.3yrs
Average Tenure
61yo
Average Age
Experienced Board: CGNX's board of directors are considered experienced (3.3 years average tenure).