Aaron Jagdfeld has been leading Generac Holdings since 2008. Under his management, the company has seen impressive growth, especially in the power generation sector. His total compensation in 2023 was about $1.08 million, which included a substantial salary but no...
Aaron Jagdfeld has been leading Generac Holdings since 2008. Under his management, the company has seen impressive growth, especially in the power generation sector. His total compensation in 2023 was about $1.08 million, which included a substantial salary but no bonuses or stock grants due to unmet performance metrics. This is a shift from previous years where he was awarded millions more when performance targets were met. His recent income reflects a strategy focused on aligning executive pay with company goals. Jagdfeld's stock holdings have fluctuated over the years, peaking at approximately $196 million in early 2021, showcasing his deep investment in the company's future. He also had significant insider trading activity, demonstrating a fair amount of confidence in his company’s performance. The CEO's tenure has involved challenges and shifts in market dynamics, particularly during fluctuating economic conditions, yet he remains a pivotal figure in Generac's strategic expansion. His employment agreement has provisions for potential severance benefits worth over $10 million in case of job termination under certain conditions.