Dan L. Batrack has been with Tetra Tech since 1980, working his way up from project scientist to CEO, a role he has held since 2005. He’s been key in steering the company through many ups and downs, managing complex...

Dan L. Batrack has been with Tetra Tech since 1980, working his way up from project scientist to CEO, a role he has held since 2005. He’s been key in steering the company through many ups and downs, managing complex projects for a wide range of clients, from small businesses to Fortune 500 companies. Under his leadership, Tetra Tech has focused on providing solutions in consulting and engineering, particularly in areas like water management and environmental services. He became Chairman in 2008, showing his long-term commitment to guiding the company. His pay reflects a strong performance-based philosophy; for 2023, he received around $11.8 million, indicating both his influence and Tetra Tech's success. Interestingly, he's demonstrated serious confidence in the company's prospects given his substantial investments, peaking at nearly $38.7 million in stock holdings. This history makes him a notable figure in the engineering and environmental consulting space, recognized for both his experience and innovative approach.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

T

Dan L. Batrack

CEO of Tetra Tech

Education

N/A

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1963 - 62 years ago

CEO of Tetra Tech for

20 years 6 months (Jan 2005 - Present)

Previous Experience

N/A

Rivals

Competitors/colleagues of Dan L. Batrack

D

Tod E. Carpenter

CEO of Donaldson Company

2022 Compensation

Stock

$0.00

Salary

$1.06M

Bonus

$1.28M

Other

$182.89K

Total Holdings

$29.63M

Holdings

See how much did Dan L. Batrack make over time.

Dan Batrack's insider holdings in Tetra Tech have seen some significant fluctuations over recent years. His wealth peaked in late 2021, reaching as high as $38.7 million. Since then, the value of his holdings has dipped but remains strong, averaging...

Dan Batrack's insider holdings in Tetra Tech have seen some significant fluctuations over recent years. His wealth peaked in late 2021, reaching as high as $38.7 million. Since then, the value of his holdings has dipped but remains strong, averaging around $7 million in late 2023. He showcases a notable confidence in the company's future, especially considering the considerable value of his stock holdings. This reflects a consistent commitment to Tetra Tech, highlighting his belief in its long-term growth potential. Over the years, his stock dealings have indicated a strategic approach to managing his investment in the company alongside his operational role as CEO.

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Total Stock Sold

$97.04M

TTEK

$97.04M

6,470,765 TTEK shares

What if they kept their stock?

If Dan L. Batrack didn't sell their stock, today they would have:
Extra TTEK6,470,765 shares worth $99.51M.
This is 2.54% and $2.46M more than what they got when they sold the stock.

Charitable Transactions

TTEK

639,000 shares

TTEK

Recent Charitable Transactions

TTEK

5,800 shares

TTEK

Feb 20, 2024

Charity

TTEK

122,000 shares

TTEK

Dec 9, 2021

Charity

Insider Trading

See recent insider trades of Dan L. Batrack.

TTEK

$1.29M

TTEK at $28.76/share

Nov 16, 2013

Sale

TTEK

$4.08M

TTEK at $227.72/share

Aug 6, 2024

Sale

TTEK

5,800 shares

TTEK

Feb 20, 2024

Charity

TTEK

$3.55M

TTEK at $161.51/share

Nov 28, 2023

Sale

TTEK

33,737 shares

TTEK

Nov 21, 2023

Received

TTEK

$4.61M

TTEK at $153.63/share

Dec 15, 2022

Sale

TTEK

50,286 shares

TTEK

Nov 18, 2022

Received

TTEK

$2.55M

TTEK at $176.34/share

Dec 9, 2021

Sale

TTEK

122,000 shares

TTEK

Dec 9, 2021

Charity

TTEK

$11.89M

TTEK at $185.75/share

Dec 6, 2021

Sale

Compensation History

See how much did Dan L. Batrack make over time.

Dan Batrack's compensation has varied significantly over the years, aligning closely with Tetra Tech’s performance. In 2023, he earned a total of $11.9 million, mostly from his base salary of $1.2 million and additional benefits that include health contributions and other perks. His bonus structure emphasizes performance; in previous years, bonuses ranged widely depending on the company's success metrics, reflecting a strong pay-for-performance culture. Notably, about 78% of his total pay was aligned with Tetra Tech's results, indicating a solid link between management's efforts and rewarding shareholders. This structure not only seems to motivate Batrack but also reflects the company’s commitment to sustaining its growth and profitability.

Year

2023

Total Compensation

$1.26M

Salary

$1.20M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and stockholder interests.

Bonus

$0.00

Board Justification

No special one-time incentive payment was awarded for FY 2023.

Other

$63.32K

Board Justification

Includes contributions to health and welfare benefits, automobile allowance, memberships, and financial planning services.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on performance-based compensation.

Performance Metrics

The performance metrics for determining compensation include revenue growth, operating income, cash flow, and backlog.