Titan Machinery Inc. (TITN)

23.15 +0.87 (+3.90%) At close: 4:00PM EST

Titan Machinery Inc.

644 East Beaton Drive
West Fargo, ND 58078-2648
United States
701 356 0130
http://www.titanmachinery.com

Sector(s): Industrials
Industry: Industrial Distribution
Full Time Employees: 1,612

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David Joseph Meyer	Co-Founder, Chairman of Board & CEO	483.4k	N/A	1953
Mr. Mark P. Kalvoda	CFO & Treasurer	490.99k	N/A	1972
Mr. Bryan J. Knutson	Chief Operating Officer	459.65k	N/A	1978
Mr. Jason Anderson	VP of HR & Admin.	N/A	N/A	N/A
Mr. Steve Noack	Gen. Counsel, Compliance Officer & Corp. Sec.	N/A	N/A	N/A
Mr. Ray Ochsner	Chief Strategy Officer	N/A	N/A	N/A
Mr. Jeff Bowman	Chief Experience Officer	N/A	N/A	N/A

Amounts are as of December 31, 2020 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 Industrial family of brands, as well as equipment from various other manufacturers. Its agricultural equipment includes machinery and attachments 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 comprise heavy construction machinery, light industrial machinery 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, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers. Further, it rents equipment; and provides ancillary equipment support services. The company operates in Arizona, Colorado, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; and Bulgaria, Germany, Romania, 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 December 1, 2020 is 5. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 7; Compensation: 5.

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.