Sundar PichaiSundar Pichai earned $164M in 2023

Aaron Jagdfeld has been leading Generac Holdings since 2008. Under his management, the company has seen impressive growth, especially in the power generation sector. His total compensation in 2023 was about $1.08 million, which included a substantial salary but no...

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Aaron Jagdfeld

CEO of Generac Holdings

Field of Expertise

Business & Management

Sector of Economy

Industrials

CEO of Generac Holdings for

17 years 4 months (Jan 2008 - Present)

Previous Experience

President and CEO of Generac Holdings Inc.

Rivals

Competitors/colleagues of Aaron Jagdfeld

Holdings

See how much did Aaron Jagdfeld make over time.

Aaron Jagdfeld’s stock holdings in Generac have seen significant changes over time. At their peak in June 2021, his holdings were valued at around $196 million. Since then, they have fluctuated significantly, with most recent data indicating a value closer...

Total Stock Sold

$98.89M

GNRC

$98.89M

947,245 GNRC shares

What if they kept their stock?

If Aaron Jagdfeld didn't sell their stock, today they would have:
Extra GNRC947,245 shares worth $98.37M.
This is -0.52% and $517.88K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Aaron Jagdfeld.

GNRC

$776.80K

GNRC at $155.36/share

Sep 3, 2024

Sale

GNRC

$779.90K

GNRC at $155.98/share

Aug 1, 2024

Sale

GNRC

$666.95K

GNRC at $133.39/share

Jul 1, 2024

Sale

GNRC

$744.90K

GNRC at $148.98/share

Jun 3, 2024

Sale

GNRC

$699.75K

GNRC at $139.95/share

May 1, 2024

Sale

GNRC

$634.70K

GNRC at $126.94/share

Apr 1, 2024

Sale

GNRC

$575.00K

GNRC at $115.00/share

Mar 14, 2024

Sale

GNRC

16,211 shares

GNRC

Mar 1, 2024

Received

GNRC

$576.10K

GNRC at $115.22/share

Feb 1, 2024

Sale

GNRC

$636.40K

GNRC at $127.28/share

Jan 2, 2024

Sale

Compensation History

See how much did Aaron Jagdfeld make over time.

In 2023, Aaron Jagdfeld's total compensation package was approximately $1.08 million. This includes a base salary of $1.05 million and other benefits totaling around $35,000. Notably, no bonuses were awarded this year due to performance metrics not being achieved, which reflects Generac's approach to tie executive compensation closely with the company's success. In contrast, his compensation in 2022 was much higher, at about $6.82 million, driven primarily by stock vesting and option exercises, indicating strong performance in prior years. Such swings in compensation demonstrate the company's focus on performance-driven pay, aligning with strategic business outcomes over time.

Year

2023

Total Compensation

$1.08M

Salary

$1.05M

Board Justification

The compensation philosophy aligns executive pay with the achievement of specific annual and long-term strategic goals, ensuring that a significant portion of pay is performance-based.

Bonus

$0.00

Board Justification

No annual performance bonus was paid for 2023 due to performance metrics not being met.

Other

$34.74K

Board Justification

Other compensation includes employer matching contributions and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the performance metrics were not achieved.

Performance Metrics

The performance metrics for 2023 included Adjusted EBITDA and Primary Working Capital as a percentage of net sales.

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