Randall J. Hogan was the CEO of Pentair plc from 2001 until March 2018. During his tenure, he was known for leading the company through significant changes, including a strategic separation that resulted in two independent publicly traded companies. This...
Randall J. Hogan was the CEO of Pentair plc from 2001 until March 2018. During his tenure, he was known for leading the company through significant changes, including a strategic separation that resulted in two independent publicly traded companies. This major shift increased shareholder value and marked a turning point in the company's history. Hogan received a notable one-time bonus of $3.06 million in 2018, which was tied to his retirement agreement after he stepped down from his CEO role. Under his leadership, Pentair saw remarkable financial performance, often focusing on key metrics like revenue growth and free cash flow. Interestingly, before his retirement, Hogan agreed to take on consulting work for Pentair while also joining the Board of Directors at nVent Electric plc post-separation. This transition highlights his ongoing commitment to the company's future even after his departure from the CEO position. Hogan's career at Pentair stands out due to his strong emphasis on aligning executive compensation with company performance, reinforcing both accountability and the company's strategic goals.