Michael J. Hoffman

2016

In 2016, Michael J. Hoffman earned a total compensation of $5M as Former Executive Chairman of the Board at Toro, a 3% decrease compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$1,023,536
Option Awards$1,280,640
Salary$990,000
Stock Awards$1,524,292
Other$205,002
Total$5,023,470

Hoffman received $1.5M in stock awards, accounting for 30% of the total pay in 2016.

Hoffman also received $1M in non-equity incentive plan, $1.3M in option awards, $990K in salary and $205K in other compensation.

Rankings

In 2016, Michael J. Hoffman's compensation ranked 1,603rd out of 14,075 executives tracked by ExecPay. In other words, Hoffman earned more than 88.6% of executives.

ClassificationRankingPercentile
All
1,603
out of 14,075
89th
Division
Manufacturing
544
out of 5,486
90th
Major group
Industrial And Commercial Machinery And Computer Equipment
55
out of 459
88th
Industry group
Farm And Garden Machinery And Equipment
2
out of 18
89th
Industry
Lawn and Garden Tractors and Home Lawn and Garden Equipment
1
out of 5
80th
Source: SEC filing on February 6, 2018.

Hoffman's colleagues

We found four more compensation records of executives who worked with Michael J. Hoffman at Toro in 2016.

2016

Richard Olson

Toro

Chief Executive Officer

2016

Renee Peterson

Toro

Chief Financial Officer

2016

William Brown

Toro

Group VP, Residential and Contractor Businesses

2016

Timothy Dordell

Toro

General Counsel

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