Richard M. Olson

2022

In 2022, Richard M. Olson earned a total compensation of $7.3M as Chairman of the Board, President and Chief Executive Officer at Toro, a 15% decrease compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$974,698
Option Awards$2,507,118
Salary$1,086,778
Stock Awards$2,489,773
Other$253,586
Total$7,311,953

Olson received $2.5M in option awards, accounting for 34% of the total pay in 2022.

Olson also received $974.7K in non-equity incentive plan, $1.1M in salary, $2.5M in stock awards and $253.6K in other compensation.

Rankings

In 2022, Richard M. Olson's compensation ranked 385th out of 5,387 executives tracked by ExecPay. In other words, Olson earned more than 92.9% of executives.

ClassificationRankingPercentile
All
385
out of 5,387
93rd
Division
Manufacturing
158
out of 2,922
95th
Major group
Industrial And Commercial Machinery And Computer Equipment
19
out of 195
90th
Industry group
Farm And Garden Machinery And Equipment
1
out of 11
91st
Industry
Lawn and Garden Tractors and Home Lawn and Garden Equipment
1
out of 5
80th

Pay ratio

Richard M. Olson's Pay$7,311,953
Median Employee's Pay$44,122
Pay Ratio

166

to 1

In 2022, the annual total compensation of Richard M. Olson was $7,311,953.

The annual total compensation of the median employee at Toro was $44,122.

The ratio of Richard M. Olson's pay to the pay of median employee was therefore 166 to one.

Source: SEC filing on February 7, 2023.

Olson's colleagues

We found four more compensation records of executives who worked with Richard M. Olson at Toro in 2022.

2022

Kevin Carpenter

Toro

Vice President, Global Operations and Integrated Supply Chain

2022

Renee Peterson

Toro

Chief Financial Officer

2022

Richard Rodier

Toro

Group Vice President,

2022

Amy Dahl

Toro

General Counsel

News

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