Michael J. Hoffman
2008
In 2008, Michael J. Hoffman earned a total compensation of $3.6M as Chairman of the Board, President and Chief Executive Officer at Toro, a 7% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $381,531 |
|---|---|
| Option Awards | $1,057,552 |
| Salary | $825,110 |
| Stock Awards | $1,098,600 |
| Other | $195,214 |
| Total | $3,558,007 |
Hoffman received $1.1M in stock awards, accounting for 31% of the total pay in 2008.
Hoffman also received $381.5K in non-equity incentive plan, $1.1M in option awards, $825.1K in salary and $195.2K in other compensation.
Rankings
In 2008, Michael J. Hoffman's compensation ranked 1,314th out of 9,135 executives tracked by ExecPay. In other words, Hoffman earned more than 85.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,314 out of 9,135 | 86th |
Division Manufacturing | 472 out of 3,436 | 86th |
Major group Industrial And Commercial Machinery And Computer Equipment | 61 out of 338 | 82nd |
Industry group Farm And Garden Machinery And Equipment | 4 out of 13 | 69th |
Industry Lawn and Garden Tractors and Home Lawn and Garden Equipment | 1 out of 5 | 80th |
Source: SEC filing on February 1, 2011.
Hoffman's colleagues
We found four more compensation records of executives who worked with Michael J. Hoffman at Toro in 2008.