Sundar PichaiSundar Pichai earned $164M in 2023

Kenneth W. Krueger stepped into the spotlight as the Chief Executive Officer of The Manitowoc Company on an interim basis during a key transition period after the company's leadership reshuffle in 2015. With a strong background in finance and operations,...

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Kenneth W. Krueger

Ex-CEO of The Manitowoc Company

Education

Bachelor's degree in Business Administration from the University of Wisconsin-Madison.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

April 15, 1957 - 68 years ago

CEO of The Manitowoc Company for

0 years 4 months (Oct 2015 - Mar 2016)

Previous Experience

Chief Operating Officer at Bucyrus International, Inc. and Senior Vice President and CFO at A. O. Smith Corporation.

Holdings

See how much did Kenneth W. Krueger make over time.

Kenneth W. Krueger has made notable moves in his stock holdings during his time at Manitowoc. In 2016, he exercised options and acquired 8,800 shares, which he sold for approximately $3,898, reflecting his continued stake in the company's success. By...

Mar 18, 2025

Total Stock Sold

$1.69M

MTW

$1.69M

5,175 MTW shares

What if they kept their stock?

If Kenneth W. Krueger didn't sell their stock, today they would have:
Extra MTW5,175 shares worth $58.22K.
This is -96.56% and $1.63M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Kenneth W. Krueger.

AIN

1,519 shares

AIN

May 10, 2024

Received

MTW

8,766 shares

MTW

Mar 21, 2024

Received

AIN

1,325 shares

AIN

May 12, 2023

Received

MTW

9,697 shares

MTW

Mar 14, 2023

Received

MTW

$431.04K

MTW at $12.49/share

Jun 10, 2022

Purchase

AIN

1,467 shares

AIN

May 20, 2022

Received

MTW

7,080 shares

MTW

Feb 18, 2022

Received

AIN

1,242 shares

AIN

May 13, 2021

Received

MTW

7,084 shares

MTW

Feb 24, 2021

Received

AIN

301 shares

AIN

Dec 14, 2020

Received

Compensation History

See how much did Kenneth W. Krueger make over time.

In 2016, Kenneth W. Krueger's total compensation reflected his role as interim CEO and director at Manitowoc, totaling $277,705. This compensation came without a salary, as he did not receive a bonus due to unmet financial targets. His package included around $111,000 in vested restricted stock units, which emphasized the company’s performance culture that ties compensation with results. Despite the lack of a bonus, his director fees of $163,375 showcased recognition of his commitment during turbulent times. In 2015, his compensation was substantially higher at about $1.5 million, boosted by stock awards worth over $900,000 when he transitioned to aid with a significant separation of the company’s divisions. This mixture of performance-based rewards and existing financial structure highlights Krueger's pivotal role in steering Manitowoc amidst challenges.

Year

2016

Total Compensation

$277.71K

Salary

$0.00

Board Justification

The compensation philosophy emphasizes alignment with company performance and retention of key executives, with a significant portion of compensation being performance-based.

Bonus

$0.00

Board Justification

No bonus was awarded for 2016 due to company performance being below targeted goals.

Other

$166.43K

Board Justification

Other compensation includes director fees of $163,375 and additional compensation related to his role as Chair of the Board.

Restricted Stock

$111.28K(111.28K RSU)

Board Justification

111,277 restricted stock units were granted to Kenneth W. Krueger in 2016, which vested during the year.

Performance Metrics

The performance metrics for determining compensation in 2016 were based on company financial performance, which did not meet the minimum threshold for incentive payouts.

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