Jeffery A. Leonard is the President and CEO of Alamo Group, Inc., a role he stepped into on May 31, 2021, after previously serving as the Executive Vice President for the Company’s Industrial Division since 2011. Leonard holds a Bachelor’s...

Current Market Cap

$2.28B

Number of Employees

4.35K

Total Compensation

2022 - 2022

Trending up by 0.00% last year
Showing total compensation for the last 2022 - 2022

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2022

Total Compensation

$963.00K

Salary

$450.00K

Board Justification

The compensation program is designed to align the actions of NEOs with the long-term interests of stockholders, focusing on performance-based incentives tied to financial goals.

Bonus

$513.00K

Board Justification

The bonus is based on the achievement of performance metrics including adjusted pre-tax income, working capital, and organic growth, resulting in a payout of 114% of the target for 2022.

Other

$0.00

Board Justification

No other compensation was reported for 2022.

Restricted Stock

$0.00(0 PSUs)

Board Justification

No shares were issued to Mr. Leonard in 2022 as the performance goals for the PSUs issued in 2020 were not met.

Performance Metrics

The performance metrics for determining the compensation included adjusted pre-tax income, working capital, and organic growth.

SEC Filing

From March 14, 2023

Jeffery A. Leonard

CEO of Alamo Group

A

Education

Bachelor's degree in Engineering

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1966 - 58 years ago

Is Founder?

No

Current Tenure

3 years 5 months (May 2021 - Present)

Previous Experience

Executive Vice President in charge of the Company's Industrial Division since 2011; previously Senior Vice President of Metso Minerals Industries Inc.