Richard M. Olson

2020

In 2020, Richard M. Olson earned a total compensation of $6M as Chairman of the Board, President and CEO at Toro, a 14% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$307,094
Option Awards$2,388,298
Salary$871,250
Stock Awards$2,335,366
Other$95,349
Total$5,997,357

Olson received $2.4M in option awards, accounting for 40% of the total pay in 2020.

Olson also received $307.1K in non-equity incentive plan, $871.3K in salary, $2.3M in stock awards and $95.3K in other compensation.

Rankings

In 2020, Richard M. Olson's compensation ranked 1,735th out of 13,090 executives tracked by ExecPay. In other words, Olson earned more than 86.7% of executives.

ClassificationRankingPercentile
All
1,735
out of 13,090
87th
Division
Manufacturing
661
out of 5,618
88th
Major group
Industrial And Commercial Machinery And Computer Equipment
60
out of 450
87th
Industry group
Farm And Garden Machinery And Equipment
6
out of 18
67th
Industry
Lawn and Garden Tractors and Home Lawn and Garden Equipment
1
out of 5
80th

Pay ratio

Richard M. Olson's Pay$5,997,357
Median Employee's Pay$40,791
Pay Ratio

147

to 1

In 2020, the annual total compensation of Richard M. Olson was $5,997,357.

The annual total compensation of the median employee at Toro was $40,791.

The ratio of Richard M. Olson's pay to the pay of median employee was therefore 147 to one.

Source: SEC filing on February 3, 2021.

Olson's colleagues

We found four more compensation records of executives who worked with Richard M. Olson at Toro in 2020.

2020

Renee Peterson

Toro

Chief Financial Officer

2020

Richard Rodier

Toro

Group VP, Construction, Contractor and Residential Businesses

2020

Bradley Hamilton

Toro

Group VP, Commercial, International and Irrigation Businesses

2020

Amy Dahl

Toro

General Counsel

News

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