Randy J. Potts served as the CEO of Winnebago Industries, a well-known manufacturer of recreational vehicles, from 2011 to 2015. During his time, he made significant contributions to the company's strategic planning and financial performance. Potts started with Winnebago in...

Randy J. Potts served as the CEO of Winnebago Industries, a well-known manufacturer of recreational vehicles, from 2011 to 2015. During his time, he made significant contributions to the company's strategic planning and financial performance. Potts started with Winnebago in 1983 and rose through the ranks, holding various leadership roles that gave him deep insight into the company's operations. He was known for focusing on growth through performance metrics like net sales and operating income. In 2014, his total compensation reached approximately $1.08 million, a mix of salary, bonuses, and stock options which reflected how well the company did under his guidance. He played a key role in creating incentive plans aimed at aligning the interests of executives with those of shareholders. Potts retired in 2015 after a successful period leading Winnebago.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Winnebago Industries CEOs

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Randy J. Potts

Ex-CEO of Winnebago Industries

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1962 - 63 years ago

CEO of Winnebago Industries for

4 years 4 months (Jan 2012 - May 2016)

Previous Experience

Various management roles within Winnebago Industries

Rivals

Competitors/colleagues of Randy J. Potts

M

W. Brett McGill

CEO of MarineMax

2023 Compensation

Stock

$2.45M

Salary

$975.00K

Bonus

$1.22M

Other

$9.90K

Total Holdings

$3.11M

B

David M. Foulkes

CEO of Brunswick

2023 Compensation

Stock

$0.00

Salary

$1.16M

Bonus

$0.00

Other

$389.62K

Total Holdings

$16.97M

L

Lillian Etzkorn

CEO of LCI Industries

2023 Compensation

Stock

$0.00

Salary

$525.00K

Bonus

$0.00

Other

$259.26K

Total Holdings

$1.09M

M

Frederick A. Brightbill

CEO of MasterCraft Boat Holdings, Inc.

2023 Compensation

Stock

$150.00K

Salary

$400.00K

Bonus

$100.00K

Other

$50.00K

Total Holdings

$4.03M

R

Mark A. Skonieczny

CEO of REV Group

2023 Compensation

Stock

$0.00

Salary

$669.29K

Bonus

$325.00K

Other

$13.20K

Total Holdings

$20.73M

T

Robert W. Martin

CEO of Thor Industries

2019 Compensation

Stock

$0.00

Salary

$750.00K

Bonus

$5.53M

Other

$0.00

Total Holdings

$31.84M

Holdings

See how much did Randy J. Potts make over time.

Randy J. Potts had substantial equity stakes in Winnebago Industries during his tenure as CEO. At one point, he was reported to have had over 33,000 shares that vested, which significantly added to his wealth as the company performed well....

Randy J. Potts had substantial equity stakes in Winnebago Industries during his tenure as CEO. At one point, he was reported to have had over 33,000 shares that vested, which significantly added to his wealth as the company performed well. The shares granted to him also reflected the company’s growth strategy at that time. When he departed in 2015, his holdings indicated a solid investment in the company he led and contributed to. In terms of compensation structure, his financial performance metrics played into stock awards and bonuses, showing a direct connection between his performance and the company's stock value. However, his focus on aligning management with shareholders' interests through stock options and performance-based incentives suggests he prioritized long-term stability and growth over immediate rewards.

Total Stock Sold

$26.42K

WGO

$26.42K

1,000 WGO shares

What if they kept their stock?

If Randy J. Potts didn't sell their stock, today they would have:
Extra WGO1,000 shares worth $35.77K.
This is 35.39% and $9.35K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Randy J. Potts.

WGO

15,000 shares

WGO

Oct 15, 2014

Received

WGO

18,246 shares

WGO

Oct 14, 2014

Received

WGO

$26.50K

WGO at $26.50/share

Jul 8, 2014

Sale

WGO

$24.10K

WGO at $24.10/share

Jan 31, 2014

Purchase

WGO

27,238 shares

WGO

Oct 15, 2013

Received

WGO

$51.70K

WGO at $12.92/share

Nov 16, 2012

Purchase

WGO

36,307 shares

WGO

Oct 9, 2012

Received

WGO

13,000 shares

WGO

Mar 23, 2011

Received

Compensation History

See how much did Randy J. Potts make over time.

In 2016, Randy J. Potts had a total compensation of about $1.75 million. His salary was $550,000, with the rest made up of a bonus and other benefits. Notably, his bonus was tied to company performance, and he was eligible for up to 200% based on achieving certain financial goals in his role. He also received stock awards, including 13,300 shares that vested in 2016, which further demonstrated the performance-driven nature of his compensation package. This compensation plan aimed to tie his financial rewards directly to Winnebago’s success and to keep key executives motivated and retained. The focus on metrics like net sales growth and operating income for bonuses signified a strategic approach to ensure the company thrived during his leadership.

Year

2016

Total Compensation

$2.16M

Salary

$550.00K

Board Justification

The compensation program is designed to attract and retain key executives critical to the company, aligning management interests with those of shareholders and rewarding performance.

Bonus

$902.15K

Board Justification

The annual incentive bonus was targeted at 100% of base salary paid in Fiscal 2016 and a maximum of 200%.

Other

$332.22K

Board Justification

Other compensation includes various benefits and perquisites provided to the CEO.

Restricted Stock

$370.94K(13.3K RSU)

Board Justification

Restricted stock awarded to Mr. Happe that vested in 2016.

Performance Metrics

Net sales growth, operating income, and working capital were key financial performance measurements.

Other Winnebago Industries CEOs

Here are other CEOs of Winnebago Industries

Michael J. Happe

CEO of Winnebago Industries

May 2016 - Present