Richard M. Olson

2021

In 2021, Richard M. Olson earned a total compensation of $8.6M as Chairman of the Board, President and Chief Executive Officer at Toro, a 44% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$2,095,541
Option Awards$2,651,082
Salary$1,045,930
Stock Awards$2,536,520
Other$300,778
Total$8,629,851

Olson received $2.7M in option awards, accounting for 31% of the total pay in 2021.

Olson also received $2.1M in non-equity incentive plan, $1M in salary, $2.5M in stock awards and $300.8K in other compensation.

Rankings

In 2021, Richard M. Olson's compensation ranked 1,302nd out of 12,415 executives tracked by ExecPay. In other words, Olson earned more than 89.5% of executives.

ClassificationRankingPercentile
All
1,302
out of 12,415
90th
Division
Manufacturing
458
out of 5,505
92nd
Major group
Industrial And Commercial Machinery And Computer Equipment
41
out of 363
89th
Industry group
Farm And Garden Machinery And Equipment
2
out of 17
88th
Industry
Lawn and Garden Tractors and Home Lawn and Garden Equipment
1
out of 5
80th

Pay ratio

Richard M. Olson's Pay$8,629,851
Median Employee's Pay$47,443
Pay Ratio

182

to 1

In 2021, the annual total compensation of Richard M. Olson was $8,629,851.

The annual total compensation of the median employee at Toro was $47,443.

The ratio of Richard M. Olson's pay to the pay of median employee was therefore 182 to one.

Source: SEC filing on February 2, 2022.

Olson's colleagues

We found four more compensation records of executives who worked with Richard M. Olson at Toro in 2021.

2021

Renee Peterson

Toro

Chief Financial Officer

2021

Richard Rodier

Toro

Group Vice President, Construction, Contractor and Residential Businesses

2021

Amy Dahl

Toro

General Counsel

2021

Bradley Hamilton

Toro

Group Vice President, Commercial, International, Ventrac and Irrigation Businesses

News

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