In 2023, Michael Speetzen earned $1.34M in total compensation at Polaris, primarily from $1.12M salary. Most recently acquired 76,615 shares in Jan 2025. Currently holds stock worth $18.72M. Has donated $721.01K in stock to charitable causes. 4+ years at the helm of Polaris.
Compensation History
Annual executive compensation data for Michael Speetzen, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.34M
Salary
$1.12M
Bonus
$0.00
Other
$220.56K
Salary
$1.12MBoard Justification
The compensation philosophy is based on a pay-for-performance model that aligns executive compensation with corporate strategy and performance metrics.
Bonus
$0.00Board Justification
No bonus was awarded for the year 2023.
Other Compensation
$220.56KBoard Justification
Includes Company matching contributions to the 401(k) Plan and SERP, life insurance premiums, and the aggregate incremental cost of perquisites.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus is on stock grants and options that are not included in total calculations.
Performance Metrics
The primary performance metric for determining payout of the annual cash incentive award was adjusted earnings per diluted share (Adjusted EPS).
Michael Speetzen
CEO of Polaris
Education
MBA from Thunderbird School of Global Management; Bachelor's in Management from Purdue University.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Consumer Cyclical
Born
April 1, 1970 - 55 years ago
CEO of Polaris for
4 years 7 months (Apr 2021 - Present)
Previous Experience
Executive Vice President and Chief Financial Officer of Polaris
Other Polaris CEOs
Holdings
Track Michael Speetzen's stock holdings and portfolio value over time.
Total Stock Sold
$23.37M
$20.32M
163,841 PII shares
$3.05M
79,326 XYL shares
What if they kept their stock?
If Michael Speetzen didn't sell their stock, today they would have:
Extra PII163,841 shares worth $10.77M and XYL79,326 shares worth $11.17M.
This is -6.1% and $1.43M less than what they got when they sold the stock.
Charitable Transactions
10,971 shares
PII
Recent Charitable Transactions
4,658 shares
PII
Feb 26, 2025
Charity
910 shares
PII
Dec 14, 2023
Charity
1,890 shares
PII
Aug 1, 2023
Charity
640 shares
PII
Dec 22, 2022
Charity
833 shares
PII
Dec 20, 2021
Charity
632 shares
PII
Dec 9, 2020
Charity
Insider Trading
Michael Speetzen's recent stock transactions, purchases, and sales filed with the SEC.
1,554 shares
PII
Feb 26, 2025
Charity
4,658 shares
PII
Feb 26, 2025
Charity
76,615 shares
PII
Jan 29, 2025
Received
27,128 shares
PII
Jan 31, 2024
Received
364 shares
PII
Dec 14, 2023
Charity
910 shares
PII
Dec 14, 2023
Charity
1,890 shares
PII
Aug 1, 2023
Charity
$8.26M
PII at $135.84/share
Jul 27, 2023
Sale
Rivals
Compare Michael Speetzen with competitor CEOs and industry peers.
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Bonus
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Nicholas I. Fink
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2023 Compensation
Stock
$7.31M
Salary
$1.24M
Bonus
$1.97M
Other
$275.23K
Total Holdings
$795.03K
Robert W. Martin
CEO of Thor Industries
2019 Compensation
Stock
$0.00
Salary
$750.00K
Bonus
$5.53M
Other
$0.00
Total Holdings
$162.35M
Keith J. Allman
CEO of Masco
2023 Compensation
Stock
$11.02M
Salary
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Bonus
$2.66M
Other
$214.78K
Total Holdings
$7.65M