Ronald A. Robinson is the long-time CEO of Alamo Group Inc., a company that manufactures equipment for the agricultural, industrial, and infrastructure markets. With a Bachelor's degree in Business Administration, he has been leading the company since 2001. Throughout his...

Current Market Cap

$2.28B

Number of Employees

4.35K

Total Compensation

2016 - 2020

Trending down by -28.34% last year
Showing total compensation for the last 2016 - 2020

Stock

Up by 0.00% last year

Salary

Down by -17.91% last year

Bonus

Down by -100.00% last year

Other

Up by 15.23% last year

Year

2020

Total Compensation

$782.08K

Salary

$607.00K

Board Justification

The compensation program is designed to attract, retain, and reward talented executives who contribute to the Company's long-term success, aligning management and stockholder interests through competitive salaries and performance-based incentives.

Bonus

$0.00

Board Justification

The annual cash incentive plan for NEOs includes a 75% objective component and a 25% subjective component. For 2021, Mr. Robinson's objective payout was based on adjusted pre-tax income, resulting in a payout of 139% of target.

Other

$175.08K

Board Justification

Other compensation includes contributions to the 401(k) plan, automobile allowances, and reimbursement of commuting expenses.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2020 as the performance-based equity compensation began in 2020 and the awards are tied to the Company's financial performance over a three-year period.

Performance Metrics

The performance metrics for the annual cash incentive plan are based on adjusted pre-tax income, with actual payouts ranging from 0% to 200% of target based on performance.

SEC Filing

From March 17, 2022

Ronald A. Robinson

Founder and Ex-CEO of Alamo Group

RA

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Born

January 1, 1955 - 69 years ago

Is Founder?

Yes

Tenure

20 years 7 months (Jan 2001 - Aug 2021)

Previous Experience

President and Chief Executive Officer of Alamo Group, Inc. since 2001. Previously held various positions within the company since its founding.