Robert D. Kamphuis served as the CEO of Mayville Engineering Company, Inc. (MEC) from December 2018 until his retirement in September 2022. With a Bachelor's Degree in Business Administration and expertise in management, Kamphuis has effectively led MEC through significant...
Robert D. Kamphuis served as the CEO of Mayville Engineering Company, Inc. (MEC) from December 2018 until his retirement in September 2022. With a Bachelor's Degree in Business Administration and expertise in management, Kamphuis has effectively led MEC through significant growth and challenges. His leadership was marked by strong performance-based compensation, including an impressive bonus structure that reached up to $942,297 in 2021 based on individual and company metrics. During his tenure, he notably participated in insider trading, with his stock holdings peaking at approximately $11.43 million in mid-2021. His tenure ended with a retirement agreement that secured his base salary until retirement and ensured he maintained some of his stock options. Kamphuis' commitment to high ethical standards and integrity was key throughout his career, and his insights into decision-making resonated with the board, ensuring that both executive compensation and company strategies aligned effectively with performance. Kamphuis may be gone, but his legacy at MEC remains significant, both financially and strategically.