David J. Meyer is the CEO of Titan Machinery Inc. His journey began in the construction and agriculture equipment industry over 40 years ago. He co-founded Titan Machinery in 1980, showing his commitment to the business from the very start....

David J. Meyer is the CEO of Titan Machinery Inc. His journey began in the construction and agriculture equipment industry over 40 years ago. He co-founded Titan Machinery in 1980, showing his commitment to the business from the very start. David holds a bachelor's degree in Business Administration. Under his leadership, Titan Machinery has developed strong ties to Case CE and CaseIH agriculture, evidenced by his membership on their dealer advisory boards. His salary for 2023 was around $500,000, but he opted out of bonuses and stock awards, choosing a more conservative compensation strategy. Interestingly, his compensation philosophy emphasizes aligning incentives with company and shareholder performance. David Meyer has made significant personal investments, with his holdings in Titan Machinery at one point reaching over $77 million in value in early 2023, showcasing confidence in his company. As an influential figure in the industry, he is transitioning from CEO to Executive Chairman in early 2024, continuing to guide Titan Machinery in a new way.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Titan Machinery CEOs

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David J. Meyer

Ex-CEO of Titan Machinery

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1978 - 47 years ago

CEO of Titan Machinery for

10 years 1 month (Jan 2014 - Feb 2024)

Previous Experience

Chief Operating Officer at Titan Machinery Inc.

Rivals

Competitors/colleagues of David J. Meyer

Holdings

See how much did David J. Meyer make over time.

David J. Meyer has significant holdings in Titan Machinery. At one point, his stock value peaked at over $77 million in January 2023, reflecting strong confidence in the company's future. Over the years, his holdings have showed fluctuations but generally...

David J. Meyer has significant holdings in Titan Machinery. At one point, his stock value peaked at over $77 million in January 2023, reflecting strong confidence in the company's future. Over the years, his holdings have showed fluctuations but generally stayed robust. Despite not participating in stock awards for fiscal 2024, Meyer's vested interests indicate he holds a substantial part of his wealth tied to the company's performance. This strategy aligns his financial interests directly with Titan's growth, making him a vested stakeholder in its success.

Total Stock Sold

$38.98M

TITN

$38.98M

1,459,746 TITN shares

What if they kept their stock?

If David J. Meyer didn't sell their stock, today they would have:
Extra TITN1,459,746 shares worth $13.77M.
This is -64.69% and $25.22M less than what they got when they sold the stock.

Charitable Transactions

TITN

2,202,050 shares

TITN

Recent Charitable Transactions

TITN

2,202,050 shares

TITN

Jan 31, 2013

Charity

Insider Trading

See recent insider trades of David J. Meyer.

TITN

$429.95K

TITN at $16.85/share

Mar 21, 2025

Purchase

TITN

$996.60K

TITN at $18.12/share

May 28, 2024

Purchase

TITN

$12.67M

TITN at $31.67/share

May 28, 2021

Sale

TITN

$1.05M

TITN at $26.13/share

Apr 15, 2021

Sale

TITN

$9.60M

TITN at $26.66/share

Apr 12, 2021

Sale

TITN

$1.99M

TITN at $20.99/share

Jan 6, 2021

Sale

TITN

$2.12M

TITN at $20.14/share

Dec 15, 2020

Sale

TITN

$983.68K

TITN at $18.56/share

Nov 30, 2018

Sale

TITN

$1.35M

TITN at $21.85/share

Jan 3, 2018

Sale

TITN

$775.36K

TITN at $17.25/share

May 26, 2017

Sale

Compensation History

See how much did David J. Meyer make over time.

In 2023, David J. Meyer received a total compensation of $512,292. This included a base salary of $500,000, but he opted out of bonuses and stock options, focusing instead on salary and benefits like 401(k) matching. His total compensation has remained consistent, with similar amounts in previous years. Meyer emphasizes a compensation philosophy that resonates with performance, aligning executive rewards with company objectives. His choices reflect a conservative approach toward executive pay, prioritizing long-term stability and aligning closely with shareholder interests, which sets a tone for accountability in leadership.

Year

2023

Total Compensation

$512.29K

Salary

$500.00K

Board Justification

The compensation philosophy aims to attract, retain, and motivate executives while aligning their interests with those of stockholders through performance-based compensation.

Bonus

$0.00

Board Justification

Mr. Meyer elected not to participate in the fiscal 2024 annual cash bonus plan.

Other

$12.29K

Board Justification

This amount includes a Company match to the 401(k) plan and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

Mr. Meyer did not receive any equity awards in fiscal 2024.

Performance Metrics

The performance metrics include adjusted pre-tax income, return on assets, and total revenue.

Other Titan Machinery CEOs

Here are other CEOs of Titan Machinery

Bryan J. Knutson

CEO of Titan Machinery

February 2024 - Present