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.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,603 out of 14,075 | 89th |
Division Manufacturing | 544 out of 5,489 | 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.