Steven W. Berglund served as CEO of Trimble Inc. for over 20 years, turning it into a leader in leveraging technology for agriculture, construction, and transportation. His educational background includes a B.S. in chemical engineering from the University of Minnesota...
Steven W. Berglund served as CEO of Trimble Inc. for over 20 years, turning it into a leader in leveraging technology for agriculture, construction, and transportation. His educational background includes a B.S. in chemical engineering from the University of Minnesota and an MBA from the University of Rochester, giving him a solid foundation in both technical and business aspects. During his time, he executed impressive insider trades that peaked at $52.3 million in stock value in September 2021, reflecting confidence in his company’s growth. His compensation structure aligns closely with performance metrics, focusing on revenue and profitability. In 2023, his total compensation reached $14.95 million, largely centered around bonuses based on company performance. Berglund has also held significant positions in various industry groups, including the Association of Equipment Manufacturers, indicating his influence beyond Trimble. He retired as executive chairperson in June 2023, marking the end of an era at Trimble while paving the way for new leadership.