Last $62.91 USD
Change Today -0.13 / -0.21%
Volume 219.7K
TTC On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Michael J. Hoffman

Chairman, Chief Executive Officer and President, Toro Co.
AgeTotal Calculated CompensationThis person is connected to 29 board members in 3 different organizations across 2 different industries.

See Board Relationships
58$4,789,791
As of Fiscal Year 2013

Background*

Mr. Michael J. Hoffman, also known as Mike, has been the Chief Executive Officer of Toro Company since March 15, 2005 and has been its President since October 18, 2004 and Chairman since March 14, 2006. Mr. Hoffman served as the Chief Operating Officer of Toro Co. from October 18, 2004 to March 15, 2005. He joined Toro in 1977 and served in various sales, service and marketing roles for nearly all businesses in the professional and residential segments. From November ...

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Corporate Headquarters*

8111 Lyndale Avenue South
Bloomington, Minnesota 55420

United States

Phone: 952-888-8801
Fax: --

Board Members Memberships*

Director
2005-Present
Director, Member of Human Resources Committee and Member of Corporate Governance Committee
2005-Present
Chairman, Chief Executive Officer and President

Education*

Bachelor's Degree
University of St. Thomas
MBA
Carlson School of Business University of Minnesota

Other Affiliations*

Annual Compensation*

Salary$900,000
Total Annual Compensation$900,000

Stock Options*

Restricted Stock Awards$1,236,564
All Other Compensation$208,413
Exercised Options54,000
Exercised Options Value$2,323,428
Exercisable Options955,800
Exercisable Options Value$35,648,672
Unexercisable Options227,200
Unexercisable Options Value$5,492,810
Total Value of Options$43,464,910
Total Number of Options1,237,000

Total Compensation*

Total Annual Cash Compensation$2,298,393
Total Short Term Compensation$900,000
Other Long Term Compensation$1,444,977
Total Calculated Compensation$4,789,791
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Max H. Mitchell Chief Executive Officer, President and Director
Crane Co.
$566.0K
Denise L. Ramos Chief Executive Officer, President and Director
ITT Corporation
$890.4K
Todd M. Bluedorn Chairman and Chief Executive Officer
Lennox International, Inc.
$995.0K
Kari Kauniskangas M.Sc. (Econ.)Chief Executive Officer, President and Member of The Executive Board
Fiskars Oyj Abp
€891.7K
Compensation as of Fiscal Year 2013.

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