Michael J. Hoffman
2007
In 2007, Michael J. Hoffman earned a total compensation of $3.3M as Chairman, President and CEO at Toro.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,669 |
|---|---|
| Non-Equity Incentive Plan | $570,076 |
| Option Awards | $960,713 |
| Salary | $750,100 |
| Stock Awards | $817,764 |
| Other | $210,623 |
| Total | $3,311,945 |
Hoffman received $960.7K in option awards, accounting for 29% of the total pay in 2007.
Hoffman also received $2.7K of change in pension value and nonqualified deferred compensation earnings, $570.1K in non-equity incentive plan, $750.1K in salary, $817.8K in stock awards and $210.6K in other compensation.
Rankings
In 2007, Michael J. Hoffman's compensation ranked 1,362nd out of 8,700 executives tracked by ExecPay. In other words, Hoffman earned more than 84.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,362 out of 8,700 | 84th |
Division Manufacturing | 484 out of 3,314 | 85th |
Major group Industrial And Commercial Machinery And Computer Equipment | 65 out of 330 | 80th |
Industry group Farm And Garden Machinery And Equipment | 1 out of 10 | 90th |
Industry Lawn and Garden Tractors and Home Lawn and Garden Equipment | 1 out of 5 | 80th |
Source: SEC filing on February 2, 2010.
Hoffman's colleagues
We found four more compensation records of executives who worked with Michael J. Hoffman at Toro in 2007.