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Thomas E. Oland is the CEO of Bio-Techne, a company known for its contributions to the life sciences industry. He has been with Bio-Techne since 1985, growing the company from a smaller entity into a significant player in biotechnology. Oland...

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Thomas E. Oland

Ex-CEO of Bio-Techne

Sector of Economy

Healthcare

CEO of Bio-Techne for

5 years 11 months (May 2007 - Apr 2013)

Previous Experience

Unknown

Holdings

See how much did Thomas E. Oland make over time.

Thomas E. Oland has seen significant changes in the value of his holdings over the years. Starting with about $310 million in value in late 2019, his holdings peaked at roughly $1.47 billion by late 2021. This represents a huge...

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Charitable Transactions

TECH

8,000 shares

TECH

Recent Charitable Transactions

TECH

$134.98K

TECH at $67.49/share

Nov 30, 2011

Charity

Insider Trading

See recent insider trades of Thomas E. Oland.

TECH

$134.98K

TECH at $67.49/share

Nov 30, 2011

Charity

TECH

$134.98K

TECH at $67.49/share

Nov 30, 2011

Charity

Compensation History

See how much did Thomas E. Oland make over time.

In recent years, Thomas E. Oland's compensation has been modest yet tied closely to the company's performance. In 2013, he earned a total of $241,530, which included a salary of $143,750 and a performance-based bonus of over $107,000. However, this was quite different compared to previous years; for example, in both 2011 and 2012, he opted to waive cash bonuses entirely, reflecting his commitment to align his earnings with the success of Bio-Techne. While his total compensation has fluctuated, it generally highlights a philosophy of rewarding success based on actual performance rather than guaranteed payouts. This approach not only aligns with shareholder interests but also sets a precedence for accountability throughout the company's leadership. Such decisions have built a framework that fosters a performance-oriented culture at Bio-Techne.

Year

2013

Total Compensation

$264.78K

Salary

$143.75K

Board Justification

The compensation philosophy aims to align executive compensation with company performance and shareholder interests, ensuring competitiveness in the market.

Bonus

$107.81K

Board Justification

The bonus is based on performance metrics established by the Executive Compensation Committee, which includes company-wide goals related to revenue and earnings.

Other

$13.22K

Board Justification

Other compensation includes benefits such as life insurance premiums and retirement contributions.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2013 as the focus was on performance-based compensation and cash bonuses.

Performance Metrics

Performance metrics include revenue growth and earnings before interest, taxes, depreciation, and amortization (EBITDA) targets.

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