Robert McCormick
Equibles does not estimate personal net worth.
About Robert McCormick
Earlier roles on record: CEO at Douglas Dynamics, Inc (PLOW) until July 8, 2024. Douglas Dynamics, Inc reported in an 8-K filed May 17, 2024 that Robert McCormick resigned as officer-ships, managing member positions or directorships. Douglas Dynamics, Inc reported in an 8-K filed May 17, 2024 that Robert McCormick retired as President and Chief Executive Officer, effective July 8, 2024. Douglas Dynamics, Inc reported in an 8-K filed May 17, 2024 that Robert McCormick retired as Board of Directors, effective July 8, 2024. Equibles holds 4 filed executive changes naming Robert McCormick; each is listed under recent activity with its source filing. The proxy statement of Douglas Dynamics, Inc reports total compensation of $2,870,121 for Robert McCormick in fiscal 2024, including a base salary of $390,910. Disclosed compensation is on record for 8 fiscal years. Robert McCormick has spoken on 5 earnings calls across 1 company, most recently for Douglas Dynamics, Inc on April 30, 2024. The companies whose calls Robert McCormick spoke on are classified in the Consumer Cyclical sector.
“To the extent Bob holds an officer-ship, managing member position or directorship with the Company, DDI or any of their subsidiaries, affiliates or related entities, he acknowledges his resignation from all such positions with the Company, DDI and any of their subsidiaries, affiliates, and related entities effective the Retirement Date.”
“Effective as of the date the current President and Chief Executive Officer retires, which is expected to be on July 8, 2024, you will transition from Executive Chairman to the Interim CEO.”
Robert McCormick on recent calls
“Our results for the first quarter of 2024 reflect a continuation of trends we saw last year. Work Truck Solutions continues to deliver improved results, while Work Truck Attachments is being hindered by unprecedented weather conditions.”
“At first glance, this quarter's results don't look very positive. But if you look beneath the surface, the positives are there. The best news is that our Solutions segment improved its top and bottom line results significantly.”
“We are pleased with our results for the second quarter. Our teams delivered improved year-over-year results in both segments and across virtually every metric.”
“As noted in the press release, we are pleased with our results for the second quarter. We see continued strength in overall demand across our businesses. Our team is using its considerable ingenuity to address and work around the various industry-wide challenges we continue to face.”
“Before we begin, I'd just like to note that today marks the 10-year anniversary of our IPO. Our company has evolved significantly over the past 10 years and we are proud of the changes we've implemented and the growth we've produced over that time.”
Affiliation history
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Start not stated–2024-07-08
Company network
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2024 | Douglas Dynamics, Inc (PLOW) | Former President and Chief Executive Officer | $390,910 | $2,870,121 |
| 2023 | Douglas Dynamics, Inc (PLOW) | Former President and Chief Executive Officer | $757,000 | $2,490,873 |
| 2022 | Douglas Dynamics, Inc (PLOW) | Former President and Chief Executive Officer | $721,000 | $3,539,739 |
| 2021 | Douglas Dynamics, Inc (PLOW) | President and Chief Executive Officer | $700,000 | $3,338,813 |
| 2020 | Douglas Dynamics, Inc (PLOW) | President and Chief Executive Officer | $655,769 | $2,156,264 |
| 2019 | Douglas Dynamics, Inc (PLOW) | President and)Chief Executive Officer | $575,000 | $1,987,820 |
| 2018 | Douglas Dynamics, Inc (PLOW) | President and) Chief Executive Officer | $463,508 | $1,488,618 |
| 2017 | Douglas Dynamics, Inc (PLOW) | President and) Chief Executive Officer | $402,429 | $1,178,909 |