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Last $67.95 USD
Change Today -0.38 / -0.56%
Volume 108.9K
TTC On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 4:15 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Michael J. Hoffman

Chairman, Chief Executive Officer and President, The Toro Company
AgeTotal Calculated CompensationThis person is connected to 28 board members in 3 different organizations across 2 different industries.

See Board Relationships
60$5,220,214
As of Fiscal Year 2014

Background*

Mr. Michael J. Hoffman, also known as Mike, has been the Chief Executive Officer of Toro Company since March 15, 2005 and has also 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 ...

Read Full Background

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*

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

Other Affiliations*

Annual Compensation*

Salary$925,000
Total Annual Compensation$925,000

Stock Options*

Restricted Stock Awards$1,402,427
All Other Compensation$231,890
Exercised Options80,000
Exercised Options Value$3,532,752
Exercisable Options994,400
Exercisable Options Value$38,236,783
Unexercisable Options183,900
Unexercisable Options Value$2,915,588
Total Value of Options$44,685,123
Total Number of Options1,258,300

Total Compensation*

Total Annual Cash Compensation$2,408,924
Total Short Term Compensation$925,000
Other Long Term Compensation$1,634,317
Total Calculated Compensation$5,220,214
*Data is at least as current as the most recent Definitive Proxy.
 

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Market data is delayed at least 15 minutes.

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TTC:US $67.95 USD -0.38

COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Max H. Mitchell Chief Executive Officer, President, Director and Member of Executive Committee
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$817.9K
Denise L. Ramos Chief Executive Officer, President and Director
ITT Corporation
$942.3K
Donald A. Nolan Chief Executive Officer, President and Director
Kennametal Inc.
--
Richard G. Kyle Chief Executive Officer, President and Director
The Timken Company
$850.0K
Kai Wärn Chief Executive Officer, President and Director
Husqvarna AB (publ)
kr1.1M
Compensation as of Fiscal Year 2014.

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