TITN - Titan Machinery Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Titan Machinery Inc.

644 East Beaton Drive
West Fargo, ND 58078
United States
701-356-0130
http://www.titanmachinery.com

SectorIndustrials
IndustryIndustrial Distribution
Full Time Employees2,017

Key Executives

NameTitlePayExercisedYear Born
Mr. David Joseph MeyerCo-Founder, Chairman of Board & CEO482.95kN/A1953
Mr. Mark P. KalvodaChief Financial Officer493.07kN/A1972
Mr. Bryan KnutsonChief Operating OfficerN/AN/A1978
Mr. Jason AndersonVP of HR & Admin.N/AN/AN/A
Mr. Steve NoackGen. Counsel, Compliance Officer & Corp. Sec.N/AN/AN/A
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores. It operates through three segments: Agriculture, Construction, and International. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH family of brands, as well as equipment from various other manufacturers. Its agricultural equipment comprise tractors, combines and attachments, application equipment and sprayers, planting and seeding equipment, tillage equipment, hay and forage equipment, and precision farming technology and related equipment for use in the production of food, fiber, feed grain, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment include compact track loaders, compaction equipment, cranes, crawler dozers, excavators, forklifts, loader/backhoes, loader/tool carriers, motor graders, skid steer loaders, telehandlers, and wheel loaders for commercial and residential construction, road and highway construction machinery, and mining operations equipment. It also sells maintenance and replacement parts. In addition, the company offers repair and maintenance services that include warranty repairs, on-site and off-site repair services, and scheduling off-season maintenance services, as well as notifies customers of periodic service requirements; provides training programs to customers; and sells extended warranty services. Further, it rents equipment; and provides ancillary equipment support services. The company operates in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona, and New Mexico, the United States; and Romania, Bulgaria, Serbia, and Ukraine, Europe. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.

Corporate Governance

Titan Machinery Inc.’s ISS Governance QualityScore as of October 1, 2018 is 5. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.