Michael J. Hoffman
2014
In 2014, Michael J. Hoffman earned a total compensation of $5.2M as Chairman and former CEO at Toro, a 9% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,252,034 |
|---|---|
| Option Awards | $1,408,863 |
| Salary | $925,000 |
| Stock Awards | $1,402,427 |
| Other | $231,890 |
| Total | $5,220,214 |
Hoffman received $1.4M in option awards, accounting for 27% of the total pay in 2014.
Hoffman also received $1.3M in non-equity incentive plan, $925K in salary, $1.4M in stock awards and $231.9K in other compensation.
Rankings
In 2014, Michael J. Hoffman's compensation ranked 1,478th out of 13,032 executives tracked by ExecPay. In other words, Hoffman earned more than 88.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,478 out of 13,032 | 89th |
Division Manufacturing | 529 out of 4,966 | 89th |
Major group Industrial And Commercial Machinery And Computer Equipment | 66 out of 430 | 85th |
Industry group Farm And Garden Machinery And Equipment | 4 out of 14 | 71st |
Industry Lawn and Garden Tractors and Home Lawn and Garden Equipment | 1 out of 5 | 80th |
Source: SEC filing on February 7, 2017.
Hoffman's colleagues
We found four more compensation records of executives who worked with Michael J. Hoffman at Toro in 2014.