Richard M. Olson net worth and biography

Richard Olson Biography and Net Worth

CEO of Toro
Richard M. Olson is our Chairman of the Board, President and Chief Executive Officer. He holds or has held the following positions, all at The Toro Company: •Chairman (since November 2017) •Chief Executive Officer (since November 2016) •President (since September 2015) •Chief Operating Officer (September 2015 – October 2016) •Group Vice President, International Business, Micro Irrigation Business and Distributor Development (June 2014 – September 2015) •Vice President, International Business (March 2013 – June 2014) •Vice President, Exmark (March 2012 – March 2013) In his more than 34 years with our Company, Mr. Olson has developed and brings to our Board rich knowledge of the Company, including, in particular, our global businesses and operations, manufacturing processes, supply chain, distribution and channel development, and product development strategies. In addition, the broad experience he has gained through his past leadership of our various businesses and manufacturing operations provides him with a unique perspective regarding our growth initiatives and strategic direction. He contributes a deep commitment to quality, technological advancements, innovation, sustainability, diversity, ethical values and business conduct, and focus on customer service. As a result of his dual role as Chairman and CEO, Mr. Olson provides unique insight into our Company’s future strategies, opportunities and challenges and serves as a unifying element between our Board and Management. Provided by Tagnifi.

What is Richard M. Olson's net worth?

The estimated net worth of Richard M. Olson is at least $1.06 million as of June 30th, 2022. Mr. Olson owns 9,575 shares of Toro stock worth more than $1,062,729 as of December 1st. This net worth evaluation does not reflect any other assets that Mr. Olson may own. Additionally, Mr. Olson receives an annual salary of $3,440,000.00 as CEO at Toro. Learn More about Richard M. Olson's net worth.

How old is Richard M. Olson?

Mr. Olson is currently 58 years old. There are 5 older executives and no younger executives at Toro. Learn More on Richard M. Olson's age.

What is Richard M. Olson's salary?

As the CEO of The Toro Company, Mr. Olson earned a total compensation package of $8,629,851.00 in 2021. Mr. Olson earned a salary of $1,045,930.00, stock awards of $2,536,520.00, options awards of $2,651,082.00, non-equity compensation of $2,095,541.00, and other compensation of $300,778.00. Learn More on Richard M. Olson's salary.

How do I contact Richard M. Olson?

The corporate mailing address for Mr. Olson and other Toro executives is 8111 Lyndale Avenue South, Bloomington MN, 55420. Toro can also be reached via phone at (952) 888-8801 and via email at [email protected] Learn More on Richard M. Olson's contact information.

Has Richard M. Olson been buying or selling shares of Toro?

Richard M. Olson has not been actively trading shares of Toro during the last quarter. Most recently, Richard M. Olson sold 12,600 shares of the business's stock in a transaction on Thursday, June 30th. The shares were sold at an average price of $76.33, for a transaction totalling $961,758.00. Following the completion of the sale, the chief executive officer now directly owns 9,575 shares of the company's stock, valued at $730,859.75. Learn More on Richard M. Olson's trading history.

Who are Toro's active insiders?

Toro's insider roster includes Jody Christy (VP), Janet Cooper (Director), Amy Dahl (VP), Gary Ellis (Director), Jeffrey Ettinger (Director), Blake Grams (VP), Bradley Hamilton (VP), Katherine Harless (Director), Gregory Janey (VP), Peter Moeller (VP), Richard Olson (CEO), James O'Rourke (Director), Renee Peterson (CFO), Darren Redetzke (VP), Richard Rodier (VP), Kurt Svendsen (VP), and Daryn Walters (VP). Learn More on Toro's active insiders.

Are insiders buying or selling shares of Toro?

In the last year, insiders at the sold shares 11 times. They sold a total of 49,433 shares worth more than $4,180,189.23. The most recent insider tranaction occured on September, 30th when VP Kurt D Svendsen sold 4,000 shares worth more than $349,360.00. Insiders at Toro own 2.1 % of the company. Learn More about insider trades at Toro.

Information on this page was last updated on 9/30/2022.

Richard M. Olson Insider Trading History at Toro

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/30/2022Sell12,600$76.33$961,758.009,575View SEC Filing Icon  
3/25/2021Sell10,000$102.38$1,023,800.0021,049View SEC Filing Icon  
6/9/2020Sell6,057$72.44$438,769.0821,106View SEC Filing Icon  
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Richard M. Olson Buying and Selling Activity at Toro

This chart shows Richard M Olson's buying and selling at Toro by year and by quarter.

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Toro Company Overview

Toro logo
The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment worldwide. The company's Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment; and snow and ice management equipment, such as snowplows, brush, snow thrower attachment, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. It also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. This segment sells its products primarily through a network of distributors and dealers to professional users engaged in maintaining golf courses, sports fields, municipal properties, agricultural fields, residential and commercial landscapes, and removing snow and ice, as well as directly to government customers, rental companies, and retailers. Its Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. This segment sells its products to homeowners through a network of distributors and dealers; and home centers, hardware retailers, and mass retailers, as well as online. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota.
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Today's Range

Now: $110.56
Low: $110.39
High: $111.84

50 Day Range

MA: $100.87
Low: $85.86
High: $112.64

2 Week Range

Now: $110.56
Low: $71.86
High: $113.37

Volume

4,282 shs

Average Volume

429,768 shs

Market Capitalization

$11.52 billion

P/E Ratio

30.29

Dividend Yield

1.09%

Beta

0.76