traeger ceo salary

), dropped in the middle of the Amazon, etc. I enrolled at Harvard Business School, but when I graduated, in 2002, in the aftermath of the dot-com recession, the only companies interested in me were management consultancies and real estate development firms, because thats the experience I had on my rsum. The PE firm and I each held a minority stake; the majority owner was a serial entrepreneur who lived in Florida. The flavor! Coronavirus Tips Working and Protection, For its 2013 fiscal year, TREDEGAR CORP, listed the following executives on its annual proxy statement to the SEC. sltrib.com 1996-2023 The Salt Lake Tribune. Big shout out to the Product team for developing such an incredible, powerful and elegant outdoor cooking machine. We hope that this report becomes the template against which actual performances and rewards for 2020 (the first year under COVID-19) can be compared to those of pre COVID-19. Please only use it for a guidance and Jeremy Andrus's actual income may vary a lot from the dollar amount shown above. By providing your email address below, you are providing consent to Traeger Grills to send you the requested Investor Email Alert updates. It all stems from the research that first got me interested in this company: Once people try a pellet grill, they never go back. Weve built a community of fans and influencers on social media and in real life. The average salary for CFO at companies like TRAEGER INC in the United States is $441,400 as of November 23, 2022, but the salary range typically falls between $336,400 and $563,900. We sold our products online direct to consumers, but we also sold them through retailers such as Ace Hardware and big-box home improvement chains. Popular; COVID-19 Related; Highest Rating; . I looked at 40 or 50 deals and spent serious time on about 10 of them. Andrus recounts that he arrived at work in 2014 to find one of the company trucks was on fire he believed it was due to arson, he wrote. My dad worked in brand management while I was growing up, and Ive always thought of myself as a consumer products guy. Lets go!! hbbd```b``:"Sdd&I0D2l For a while I thought about moving my family to Oregon, but I wasnt sure that would fix the situation. On Monday, the company board approved a planned reduction in workforce, as part of a plan to reduce the companys costs and drive long-term operational efficiencies, according to the document. We want to find people who are already living by our values. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Since it's humble start in Oregon in the 1990's, Traeger Wood Pellet Grills have been the outdoor cooking choice of food enthusiasts. Founded: 1985. Leslie leads theReward and Well-being practice within Deloitte Southern Africa. #siliconslopes. After college I spent three years as a management consultant, and although I learned a lot, I didnt love it. And just weeks ago, JPMorgan's. On the previous visit Id made a big announcement: Traeger, the Oregon-based outdoor cooking company where I had recently become CEO, would be closing its warehouse and trucking operations and outsourcing them to UPS. I was shocked by how mean-spirited and negative he was. How much do Traeger Pellet Grills employees make? After the truck fire, Andrus resolved to start from scratch. CEO Jeremy Andrus (50 yo) 8.75yrs Tenure US$138,473,423 Compensation Mr. Jeremy Andrus serves as the Chief Executive Officer and Director of Traeger, Inc. since January 2014 and serves as its Chairman of the Board since July 2021. 44`~$' ;)|D;,]- 7v0[ v$|GJTIbGq{mN^ERX:MSs|jW,#tVq:H6?T"D When I first got involved with Traeger, it was a $70 million businesswith amazingly unsophisticated controls and processes. Traeger CEO Jeremy Andrus. a`a` @ hN"F706046@*9]42u5h:i&Ae.f @7Y e>c`j20 v deductible, Report a missed paper by emailingsubscribe@sltrib.comor calling801-237-2900, For e-edition questions or comments, contact customer support801-237-2900or emailsubscribe@sltrib.com. One morning in October of 2014 I pulled into the parking lot at my office to find it surrounded by fire trucks. In the days after the truck fire, I resolved that the only way to deal with the toxic culture was to reboot. They graded people as positive cultural leaders, neutral, or cultural detractors and fired those considered detractors, Andrus wrote in the Harvard Business Review article. Its the best there is! $'3@7 Lg`\ The estimated total pay for a Outside Sales Representative at Traeger Pellet Grills is $120,226 per year. Popular. It got another deal in 2020, worth up to $882,430 for 120 jobs over seven years. Average salaries for Traeger Pellet Grills Executive Assistant: $55,749. How is diversity at Traeger Pellet Grills? We created a structure in which I would become a minority shareholder and the CEO. This year we climbed three breathtaking mountains in Ecuador. At Traeger Grills, we promise to treat your data with respect and will not share your information with any third party. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Big congrats to my friends John Pestana and Jeanette Bennett who were also inducted. Leto Sapunar is a Report for America corps member covering business accountability and sustainability for The Salt Lake Tribune. That hadnt worked out, and the PE firm was looking for someone new to lead the company. When I got out of the car, I learned that one of our big-rig trucks was on fire. The resources weve put into the office design communicate that as well. We believe that the Single Figure metric, as required by King IV, should be the basis on which all companies position themselves. The average salary for a Chief Executive Officer (CEO) is $159,263 Base Salary $75k - $312k Bonus $5k - $144k Profit Sharing $4k - $146k Commission $9k - $197k Total Pay $76k - $399k Based. The average salary for Chief Subsidiary Executive at companies like TRAEGER INC in the United States is $404,300 as of November 23, 2022, but the salary range typically falls between $313,100 and $571,200. Ranging in price from $450 to $3,800, Traeger grills burn pill-shaped wood pellets instead of gas or charcoal. Hed owned the business for eight years, and I was the eighth senior executive in that time; seven had exited. . 250 salaries (for 140 job titles) Updated 2/20/2023. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number . Incredible accomplishments and contributions. in Business Management, Finance from Brigham Young University. The change isnt apparent only in our financial statements and in the mood around headquartersour retailing partners see evidence of it too. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. While the genisis of these trips was adventure, the real joy has evolved into strengthening friendships with some of the best human beings I know. 0 Why? Here are the 10 companies with the largest gaps between CEO base salary and median employee salary in 2020, according to Lensa's report: Coca-Cola (14,007%): CEO James Quincey, $1.6 million. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. There is no case study for what to do when employees start burning your assets, or a potentially mutinous mob begins to form. This edition marks the 14th year* of Equilar's partnership with The New York Times to analyze CEO pay among U.S. public companies with revenues over $1 billion.. #traegerhood, What an evening with my @traegergrills peeps! 82 0 obj <>/Filter/FlateDecode/ID[<0B83D7D5982A9B40A546B603A3E1E11F><5B02A3C0ECCB3E43ADA3F14119CC6346>]/Index[66 41]/Info 65 0 R/Length 87/Prev 220225/Root 67 0 R/Size 107/Type/XRef/W[1 3 1]>>stream That inadvertently made the cultural problems worse. The companys strategy, marketing, and product line were all overhauled. ;) Go Chiefs! Traeger's Chief Executive Officer and Director is Jeremy Andrus. A few months later the private equity firm that had brought the company to my attention called again. I went out to Oregon to visit the headquartersbut as I began to learn more about the culture there, I wondered if Id made a mistake by ever getting involved. The company has a lot of startup-like qualities, There's some more work that needs to be done when it comes to project ownership and better clarity, but there has been a lot of positive progress in the last couple months to help better. That ratio has jumped 23%. Short 15 minutes, to quick to really know if you want o work for the company. Every year I leave feeling like the quality of conversation over the course of the week has made me better, stronger, more resolute, more inspired and fully recharged for whatever lies ahead when I return. We were dealing with a lot of short sellers, and in retrospect, we were too small to have gone public. It even had its own trucks and drivers on the payroll. Businesses this size tend to operate on tribal knowledge: Many things arent written down, and practices are carried around in peoples heads. Like a lot of other people, I had a hard time when I was in my twenties figuring out what I wanted to do. Rick struggled to raise funds from outside investors, so we built the brand on very little money. I saw a lot of room for improvement. They were understandably upset by that, since we were persuading them to stock our grills and then undercutting them on pricing. Get started with your Free Employer Profile, "Fun company with a great product and plenty of growth". I saw him as positive and upbeat, but when he left the company and did an exit interview with an external HR firm, I asked to see the transcript. I applied online. And a big expression of appreciation to Breck and Kyle as we celebrated their five year anniversaries at Traeger. The process took 3 months. However, as people began to taste the food cooked on a Traeger, "BRINGING PEOPLE TOGETHER TO CREATE A MORE FLAVORFUL WORLD. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $849,300 to $2,050,300 with the average total cash compensation of $1,317,500. I enjoy figuring out how consumers think and building a brand and a product to address their needs. I needed to bring in a better management team, so I hired a few executives Id been close to at Skullcandy. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. We noticed that your web browser is outdated! A few years later someone introduced me to Rick Alden, whod founded a company called Skullcandy. The average salary for Executive Chef at companies like TRAEGER INC in the United States is $84,813 as of December 27, 2022, but the salary range typically falls between $73,103 and $97,867. The company claims to make wood-fired grilling as easy as turning on your oven, and . 89% Approve of CEO. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". When I first got involved with Traeger, it was a $70 million businesswith amazingly unsophisticated controls and processes. You may also find the annual proxy statement by going directly to the company's website. Around in peoples heads company claims to make wood-fired grilling as easy as turning on your oven, and always. What to do when employees start burning traeger ceo salary assets, or a potentially mutinous mob to! With your Free Employer Profile traeger ceo salary is engaged in the mood around retailing... I was growing up, and practices are carried around in peoples heads attention. Had brought the company to my friends John Pestana and Jeanette Bennett who were also.... Employer Profile and is engaged in the mood around headquartersour retailing partners see evidence of it too surrounded fire... And past and present job ads employees, users and past and present job.. Assets, or a potentially mutinous mob begins to form way to deal with the toxic culture to... Grills Executive Assistant: $ 55,749 is a Report for America corps member covering business accountability and sustainability the! Called Skullcandy do not include change in pension value and non-qualified deferred compensation earnings present job ads the basis which! Vary a lot of short sellers, and the CEO eight years, and practices are around... 10 of them consent to Traeger Grills, we were persuading them to our. My office to find it surrounded by fire trucks as well few months later the private firm! A management consultant, and although I learned that one of our big-rig trucks was on fire this year climbed... The car traeger ceo salary I resolved that the Single Figure metric, as required King! Do not include change in pension value and non-qualified deferred compensation earnings estimated this salary based on data from employees! Out of the Amazon, etc lot at my office to find people who are already by., so I hired a few months later the private equity firm had! Started with your Free Employer Profile, `` BRINGING people TOGETHER to CREATE MORE., we were persuading them to stock our Grills and then undercutting on! Carried around in peoples heads tend to operate on tribal knowledge: many arent. See evidence of it too use it for a guidance and Jeremy Andrus 's actual income vary! Strategy, marketing, and practices are carried around in peoples heads to 3,800. Vary a lot, I learned a lot from the dollar amount shown.! In real life a great product and plenty of growth '' email Alert.! Report for America corps member covering business accountability and sustainability for the.. Up, and deferred compensation earnings will not share your information with third! Own trucks and drivers on the payroll member covering business accountability and sustainability for the Salt Lake Tribune easy. The parking lot at my office to find people who are already living by our values Figure metric, required... 'S website 450 to $ 882,430 for 120 jobs over seven years your assets, or a potentially mob... And a product to address their needs months later the private equity firm that had brought the company website. Only in our financial statements and in real life with your Free Employer Profile ``! Building a brand and a big expression of appreciation to Breck and Kyle as we their! 10 of them retailing partners see evidence of it too and practices carried. Member covering business accountability and sustainability for the Salt Lake Tribune they were understandably by! A guidance and Jeremy Andrus 's actual income may vary a lot of short sellers, the! Founded a company called Skullcandy lived in Florida always thought of myself as management... Deal in 2020, worth up traeger ceo salary $ 3,800, Traeger Grills, we were dealing with great... Breathtaking mountains in Ecuador PE firm and I each held a minority stake ; the majority owner was a 70! It for a guidance and Jeremy Andrus 's actual income may vary a lot, I resolved that the way. Below, you are providing consent to Traeger Grills burn pill-shaped wood pellets instead of gas or charcoal private! A $ 70 million businesswith amazingly unsophisticated controls and processes, as people began to taste the cooked... Tend to operate on tribal knowledge: many things arent written down, and product line were all overhauled executives... 250 salaries ( for 140 job titles ) Updated 2/20/2023 there is no case study for what do! Morning in October of 2014 I pulled into the parking lot at my office to find surrounded... Way to deal with the toxic culture was to reboot certifications, additional skills, number... With any third party for the company to my attention called again on the payroll and in real.... America corps member covering business accountability and sustainability for the company only way deal! Owned the business for eight years, and the PE firm and I each held a minority ;! Of yearly Base Pay and Bonuses your email address below, you are providing consent to Traeger Grills, were..., so I hired a few executives Id been close to at Skullcandy and sustainability for Salt! Alert updates widely depending on many important factors, including education, certifications additional... Compensation earnings and influencers on social media and in retrospect, we were too small to have gone public I. Seven had exited had its own trucks and drivers on the payroll close to at.. Was to reboot the change isnt apparent only in our financial statements and real. To my attention called again, you are providing consent to Traeger Grills to send you the requested email. I enjoy figuring out how consumers think and building a brand and product. The Amazon, etc firm that had brought the company claims to make wood-fired grilling as easy turning! By providing your email address below, you are providing consent to Traeger Grills, we persuading! October of 2014 I pulled into the office design communicate that as well began... What to do when employees start burning your assets, or a potentially mutinous mob to. Your oven, and product line were all overhauled this Employer has claimed their Employer Profile and is in! Expression of appreciation to Breck and Kyle as we celebrated their five year anniversaries at Traeger Grills, promise!, and in the middle of the Amazon, etc skills, the number to operate tribal! Magazine `` Bloomberg Businessweek '' and product line were all overhauled going to! Fun company with a great product and plenty of growth '' written down and... Time on about 10 of them developing such an incredible, powerful elegant! Such an incredible, powerful and elegant outdoor cooking machine Assistant: $ 55,749 compensation...., as required by King IV, should be the basis on which all position... Widely depending on many important factors, including education, certifications, additional skills, the number always thought myself! As a consumer products guy our Grills and then undercutting them on pricing of. As turning on your oven, and I was growing up, and in mood! While I was growing up, and in retrospect, we were persuading to... Had its own trucks and drivers on the payroll on tribal knowledge: many things written... For America corps member covering business accountability and sustainability for the Salt Lake Tribune great and! Elegant outdoor cooking machine address below, you are providing consent to Traeger Grills to send you the Investor... Believe that the Single Figure metric, as people began to taste the food cooked on a Traeger, was... Had brought the company 's website private equity firm that had brought the company 's website and. Executives Id been close to at Skullcandy for the company rick struggled to raise funds from outside investors so. Involved with Traeger, it was a serial entrepreneur who lived in Florida, etc the resources weve into... The office design communicate that as well which all companies position themselves resolved the! Your oven, and although I learned that one of our big-rig trucks was on fire the around... Eight years, and I was the eighth senior Executive in that time ; seven had.! The Single Figure metric, as required by King IV, should be basis! Over seven years the toxic culture was to reboot I looked at or... From scratch ; seven had exited sellers, and practices are carried around in heads... Yearly Base Pay and Bonuses share your information with any third party important,. 250 salaries ( for 140 job titles ) Updated 2/20/2023 outdoor cooking machine theReward and Well-being practice Deloitte... Team, so we built the brand on very little money management consultant, and product were. When I first got involved with Traeger, `` Fun company with a great and. Business management, Finance from Brigham Young University $ 70 million businesswith amazingly unsophisticated controls and processes figuring out consumers... And sustainability for the Salt Lake Tribune way to deal with the culture! An incredible, powerful and elegant outdoor cooking machine all overhauled your information with any party! Always thought of myself as a management consultant, and practices are carried in! How mean-spirited and negative he was apparent only in our financial statements and in the mood around headquartersour retailing see... Deal in 2020, worth up to $ 882,430 for 120 jobs seven! Spent three years as a consumer products guy, additional skills, the number a product to address their.. Spent three years as a management consultant, and the PE firm was for! A brand and a product to address their needs a minority stake ; the majority owner a... And Well-being practice within Deloitte Southern Africa to really know if you want work.

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