Michael J. Hoffman
2009
In 2009, Michael J. Hoffman earned a total compensation of $2.5M as Chairman of the Board, President and Chief Executive Officer at Toro, a 31% decrease compared to previous year.
Compensation breakdown
| Option Awards | $713,628 |
|---|---|
| Salary | $766,665 |
| Stock Awards | $844,290 |
| Other | $131,853 |
| Total | $2,456,436 |
Hoffman received $844.3K in stock awards, accounting for 34% of the total pay in 2009.
Hoffman also received $713.6K in option awards, $766.7K in salary and $131.9K in other compensation.
Rankings
In 2009, Michael J. Hoffman's compensation ranked 1,908th out of 9,885 executives tracked by ExecPay. In other words, Hoffman earned more than 80.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,908 out of 9,885 | 81st |
Division Manufacturing | 665 out of 3,690 | 82nd |
Major group Industrial And Commercial Machinery And Computer Equipment | 71 out of 357 | 80th |
Industry group Farm And Garden Machinery And Equipment | 6 out of 16 | 63rd |
Industry Lawn and Garden Tractors and Home Lawn and Garden Equipment | 1 out of 5 | 80th |
Source: SEC filing on February 7, 2012.
Hoffman's colleagues
We found four more compensation records of executives who worked with Michael J. Hoffman at Toro in 2009.