In 2019, Ronald E. Armstrong earned $1.10M in total compensation at Paccar, primarily from $752.89K salary. Most recently sold 15,784 shares in Feb 2019. Currently holds stock worth $29.79M. Led Paccar as CEO for 5 years.
Compensation History
Annual executive compensation data for Ronald E. Armstrong, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$1.10M
Salary
$752.89K
Bonus
$0.00
Other
$342.27K
Salary
$752.89KBoard Justification
PACCAR's compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.
Bonus
$0.00Board Justification
No annual incentive cash compensation was earned in 2019 as he retired on June 30, 2019.
Other Compensation
$342.27KBoard Justification
This amount represents the change in pension value and nonqualified deferred compensation earnings for the year.
Restricted Stock
Board Justification
No stock awards were vested in 2019 as he retired on June 30, 2019.
Performance Metrics
The performance metrics for compensation in 2019 were based on the company's net income and individual performance goals.
Ronald E. Armstrong
Ex-CEO of Paccar
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
November 30, 1954 - 71 years ago
CEO of Paccar for
5 years 2 months (Apr 2014 - Jun 2019)
Previous Experience
Joined PACCAR in 1993 as assistant division controller at the Peterbilt Division; promoted to Operations Controller in 1995; Vice President/Controller in 2002; President in 2011.
Other Paccar CEOs
Holdings
Track Ronald E. Armstrong's stock holdings and portfolio value over time.
Total Stock Sold
$5.72M
$5.72M
133,746 PCAR shares
What if they kept their stock?
If Ronald E. Armstrong didn't sell their stock, today they would have:
Extra PCAR133,746 shares worth $14.52M.
This is 153.63% and $8.79M more than what they got when they sold the stock.
Insider Trading
Ronald E. Armstrong's recent stock transactions, purchases, and sales filed with the SEC.
$1.04M
PCAR at $66.00/share
Feb 6, 2019
Sale
$2.25M
PCAR at $68.69/share
Feb 7, 2018
Received
$2.47M
PCAR at $67.63/share
Feb 7, 2017
Received
$2.14M
PCAR at $68.29/share
Feb 3, 2017
Sale
$691.93K
PCAR at $58.72/share
Apr 29, 2016
Sale
$2.21M
PCAR at $50.00/share
Feb 4, 2016
Received
$13.25K
PCAR at $59.58/share
Jan 14, 2016
Received
$636.06K
PCAR at $66.16/share
Apr 28, 2015
Sale
$693.31K
PCAR at $62.46/share
Feb 4, 2015
Received
$13.00K
PCAR at $63.15/share
Jan 14, 2015
Received
Rivals
Compare Ronald E. Armstrong with competitor CEOs and industry peers.
Mary T. Barra
CEO of General Motors
2023 Compensation
Stock
$18.22M
Salary
$2.10M
Bonus
$4.20M
Other
$567.98K
Total Holdings
$4.10M
Tod E. Carpenter
CEO of Donaldson Company
2022 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$1.28M
Other
$182.89K
Total Holdings
$850.82K
Jennifer Rumsey
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2023 Compensation
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$2.58M
Salary
$1.50M
Bonus
$2.23M
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$583.16K
Total Holdings
$1.03M
Rafael O. Santana
CEO of Wabtec
2023 Compensation
Stock
$9.30M
Salary
$1.33M
Bonus
$3.49M
Other
$27.88K
Total Holdings
$17.33M
Elon Musk
Founder and CEO of Tesla, Inc.
2024 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$171.47B
John C. Pfeifer
CEO of Oshkosh
2023 Compensation
Stock
$3.37M
Salary
$1.09M
Bonus
$0.00
Other
$123.82K
Total Holdings
$451.28K