Badger Meter Management
Management criteria checks 4/4
Badger Meter's CEO is Ken Bockhorst, appointed in Apr 2018, has a tenure of 6.25 years. total yearly compensation is $4.54M, comprised of 16.5% salary and 83.5% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $7.28M. The average tenure of the management team and the board of directors is 5.8 years and 5.4 years respectively.
Key information
Ken Bockhorst
Chief executive officer
US$4.5m
Total compensation
| CEO salary percentage | 16.5% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.8yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Is Now An Opportune Moment To Examine Badger Meter, Inc. (NYSE:BMI)?
Jun 18
Badger Meter (NYSE:BMI) Knows How To Allocate Capital Effectively
Apr 07Badger Meter: Beware The Backlog
Mar 20At US$154, Is It Time To Put Badger Meter, Inc. (NYSE:BMI) On Your Watch List?
Mar 19With EPS Growth And More, Badger Meter (NYSE:BMI) Makes An Interesting Case
Mar 01Badger Meter: Continued Return Potential From ROE, FCF/Share, And Dividends
Jan 12Badger Meter, Inc.'s (NYSE:BMI) Business Is Trailing The Market But Its Shares Aren't
Jan 04Is Badger Meter, Inc. (NYSE:BMI) Potentially Undervalued?
Dec 12Should You Be Adding Badger Meter (NYSE:BMI) To Your Watchlist Today?
Nov 21Badger Meter: Thriving On Backlog Delivery And Healthy Capex Budgets, But Overvalued
Oct 24The Return Trends At Badger Meter (NYSE:BMI) Look Promising
Oct 14Is Badger Meter, Inc. (NYSE:BMI) Potentially Undervalued?
Sep 05Badger Meter: Exceptional Capital Productivity, Compounding Intrinsic Value At Attractive Rates
Aug 23Is Now The Time To Put Badger Meter (NYSE:BMI) On Your Watchlist?
Aug 15The Returns At Badger Meter (NYSE:BMI) Aren't Growing
Jul 11Badger Meter: Promising Future But Valuation Remains A Concern
May 31What Is Badger Meter, Inc.'s (NYSE:BMI) Share Price Doing?
May 26Here's Why We Think Badger Meter (NYSE:BMI) Is Well Worth Watching
May 11Here's What To Make Of Badger Meter's (NYSE:BMI) Decelerating Rates Of Return
Apr 04Is Badger Meter, Inc. (NYSE:BMI) Potentially Undervalued?
Feb 22Badger Meter declares $0.225 dividend
Feb 10Here's Why Badger Meter (NYSE:BMI) Has Caught The Eye Of Investors
Feb 09Badger Meter Q4 2022 Earnings Preview
Jan 26Badger Meter enhances water monitoring capabilities with Syrinix purchase
Jan 05Badger Meter: Valuations Keep Me On The Sidelines
Dec 30Badger Meter (NYSE:BMI) Has More To Do To Multiply In Value Going Forward
Dec 14Badger Meter declares $0.225 dividend
Nov 11At US$110, Is Badger Meter, Inc. (NYSE:BMI) Worth Looking At Closely?
Nov 09If EPS Growth Is Important To You, Badger Meter (NYSE:BMI) Presents An Opportunity
Oct 17Badger Meter: Filing This One Away For A Big Drop
Oct 17A Look At The Intrinsic Value Of Badger Meter, Inc. (NYSE:BMI)
Oct 04Badger Meter (NYSE:BMI) Will Pay A Larger Dividend Than Last Year At $0.225
Aug 23Badger Meter raises dividend by 12.5% to $0.225
Aug 12Badger Meter: Not A Buy Despite Good Growth Prospects
Jul 27Returns On Capital At Badger Meter (NYSE:BMI) Have Stalled
Jul 25Badger Meter Q2 2022 Earnings Preview
Jul 19Here's Why We Think Badger Meter (NYSE:BMI) Might Deserve Your Attention Today
Jul 13Is It Time To Consider Buying Badger Meter, Inc. (NYSE:BMI)?
Jun 28Estimating The Fair Value Of Badger Meter, Inc. (NYSE:BMI)
May 18Return Trends At Badger Meter (NYSE:BMI) Aren't Appealing
Apr 18Badger Meter In The Right Water Markets, But The Valuation Is Steep
Apr 05I Ran A Stock Scan For Earnings Growth And Badger Meter (NYSE:BMI) Passed With Ease
Mar 18Badger Meter, Inc.'s (NYSE:BMI) Intrinsic Value Is Potentially 25% Below Its Share Price
Feb 04Badger Meter: Cash Flow From Making Water Flow
Jan 20Badger Meter's (NYSE:BMI) Returns Have Hit A Wall
Jan 06Here's Why I Think Badger Meter (NYSE:BMI) Might Deserve Your Attention Today
Dec 07Badger Meter's (NYSE:BMI) Dividend Will Be Increased To US$0.20
Nov 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$102m |
| Dec 31 2023 | US$5m | US$750k | US$93m |
| Sep 30 2023 | n/a | n/a | US$85m |
| Jun 30 2023 | n/a | n/a | US$77m |
| Mar 31 2023 | n/a | n/a | US$72m |
| Dec 31 2022 | US$4m | US$675k | US$66m |
| Sep 30 2022 | n/a | n/a | US$66m |
| Jun 30 2022 | n/a | n/a | US$64m |
| Mar 31 2022 | n/a | n/a | US$61m |
| Dec 31 2021 | US$4m | US$640k | US$61m |
| Sep 30 2021 | n/a | n/a | US$57m |
| Jun 30 2021 | n/a | n/a | US$56m |
| Mar 31 2021 | n/a | n/a | US$51m |
| Dec 31 2020 | US$2m | US$594k | US$49m |
| Sep 30 2020 | n/a | n/a | US$49m |
| Jun 30 2020 | n/a | n/a | US$46m |
| Mar 31 2020 | n/a | n/a | US$48m |
| Dec 31 2019 | US$2m | US$575k | US$47m |
| Sep 30 2019 | n/a | n/a | US$46m |
| Jun 30 2019 | n/a | n/a | US$36m |
| Mar 31 2019 | n/a | n/a | US$31m |
| Dec 31 2018 | US$1m | US$525k | US$28m |
| Sep 30 2018 | n/a | n/a | US$24m |
| Jun 30 2018 | n/a | n/a | US$29m |
| Mar 31 2018 | n/a | n/a | US$33m |
| Dec 31 2017 | US$909k | US$110k | US$35m |
Compensation vs Market: Ken's total compensation ($USD4.54M) is below average for companies of similar size in the US market ($USD8.45M).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
CEO
Ken Bockhorst (51 yo)
6.3yrs
Tenure
US$4,544,288
Compensation
Mr. Kenneth C. Bockhorst, also known as Ken, has been the Chief Executive Officer of Badger Meter, Inc. since January 1, 2019 and has been its President since April 27, 2018. He serves as Independent Direc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 6.3yrs | US$4.54m | 0.13% $ 7.3m | |
| Senior VP & CFO | 5.5yrs | US$1.47m | 0.054% $ 2.9m | |
| Vice President of Global Operations | 1.5yrs | US$781.20k | 0.0039% $ 209.1k | |
| Vice President of Sales & Marketing | 12.4yrs | US$760.20k | 0.038% $ 2.1m | |
| Vice President of Human Resources | 3.8yrs | US$715.39k | 0.0081% $ 437.7k | |
| VP of Investor Relations | 6yrs | US$615.80k | 0.020% $ 1.1m | |
| VP, General Counsel & Secretary | 20.8yrs | US$659.09k | 0.085% $ 4.6m | |
| VP & Controller | 5.3yrs | no data | 0.014% $ 753.3k |
5.8yrs
Average Tenure
56yo
Average Age
Experienced Management: BMI's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5.8yrs | US$4.54m | 0.13% $ 7.3m | |
| Lead Outside Independent Director | 7.4yrs | US$152.11k | 0.024% $ 1.3m | |
| Independent Director | 4.4yrs | US$138.11k | 0.012% $ 637.1k | |
| Independent Director | 7.4yrs | US$144.11k | no data | |
| Independent Director | 7.7yrs | US$138.11k | 0.024% $ 1.3m | |
| Independent Director | 1.9yrs | US$147.11k | no data | |
| Independent Director | 2.4yrs | US$138.11k | 0.0061% $ 330.8k | |
| Independent Director | 5.4yrs | US$138.11k | 0.015% $ 825.5k | |
| Independent Director | 2.9yrs | US$138.11k | 0.0061% $ 330.8k |
5.4yrs
Average Tenure
54yo
Average Age
Experienced Board: BMI's board of directors are considered experienced (5.4 years average tenure).