Like a lot of other people, I had a hard time when I was in my twenties figuring out what I wanted to do. We did a cultural survey to gather quantitative data and allow for anonymous feedback. Traeger CEO Jeremy Andrus recently told The Verge that the company employs roughly 300 people in the Beehive State. 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. When I first got involved with Traeger, it was a $70 million businesswith amazingly unsophisticated controls and processes. We decided to move the headquarters from Oregon to Utah. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 250 salaries (for 140 job titles) Updated 2/20/2023. Only a couple were cultural leaders, and we invited them too. Why? VDN&1'7'\C`1`0[" E`c0FD p~N Have an amazing day, all my peeps in the Traegerhood! hmo8?:q~Kb[Z! An hour or so later a longtime employee stuck his head in the door and said, Rumor has it something big is going down today. I knew I had to stand in front of the company to address the team, and what might come next made me nervous. Traeger Wood Pellet Grills Executive Assistant in the United States makes about $61,853 per year. Since I got involved with Traeger, weve done a lot more than try to transform the cultureweve overhauled our strategy, our marketing, and our product line. They were ambitious to develop their skills, hungry to be promoted, and capable of moving between roles easily. SALT LAKE CITY-- ( BUSINESS WIRE )--Traeger, Inc. ("Traeger") (NYSE:COOK), creator and category leader of the wood pellet grill, today announced its financial results for the three months ended. Id ask people to work together on a project, and theyd simply refuse. Good luck! Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Found 10 of over 229 reviews. That piqued my interest. a`a` @ hN"F706046@*9]42u5h:i&Ae.f @7Y e>c`j20 v Jeremy Andrus is Chairman/CEO at Traeger Inc. See Jeremy Andrus's compensation, career history, education, & memberships. All content is posted anonymously by employees working at Traeger Pellet Grills. A spokesperson there did not immediately respond to requests for comment Thursday. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. #Traeger #TraegerGrills #TraegerIronwood #Ironwood #Traegerhood #TraegerBBQ #TraegerNation, Who wants MY Traeger Super Bowl ring?! When I got out of the car, I learned that one of our big-rig trucks was on fire. I recently reread the e-mails I exchanged with him during my first 90 days, and Im proud of how measured and restrained I was. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. endstream endobj startxref We graded people as positive cultural leaders, neutral, or cultural detractors. See link in bio to learn all about this beaut! Truly! After a few months of sleeping in my parents basement, I moved to Dallas and became a partner in a small frozen-drink company. We didnt know who was responsible, but it was obviously arson. If you experience any issues with this process, please contact us for further assistance. With over 15 years experience. Our latest and GREATEST jewelry! Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. However, as people began to taste the food cooked on a Traeger, "BRINGING PEOPLE TOGETHER TO CREATE A MORE FLAVORFUL WORLD. Although the majority owner had no operating role, he was talking to people at all levels of the company, multiple times a day, so employees acted as if he were in charge. One target was an all-natural candymaker. All three have contributed so much good to our community. Pretty quickly I began to sense a cultural problem. Sadly, these incidents were just extreme examples of a larger problem: Our company had developed a toxic culture characterized by lack of trust, negative attitudes, and a stubborn refusal to collaborate. It turned out that most of our direct-to-consumer sales were at deeply discounted pricesoften less than what our retail partners paid us for the products. %%EOF In 2005 I became Skullcandys VP of operations. He was aggressive and abusive, and that style rubbed off on other people in the company. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. It's actually a myth about how to make money on Facebook Jeremy Andrus is President & CEO of Traeger Grills, the original wood pellet grill brand that has taken the outdoor cooking world by storm. Incredible accomplishments and contributions. %PDF-1.6 % You must click the activation link in order to complete your subscription. For its 2021 fiscal year, TREDEGAR CORP, listed the following board members on its annual proxy statement to the SEC. For a while I thought about moving my family to Oregon, but I wasnt sure that would fix the situation. Very early in his tenure, employees would ignore Andrus when he asked for data, or simply refuse to work together on a project. 106 0 obj <>stream #superbowl #superbowlring, Whos ready for Super Bowl? We talk fatherhood, marriage, family, career, life aspirations, weaknesses, disappointments and successes. Relationships happen in person. How is diversity at Traeger Pellet Grills? Even though I was his boss, he said he couldnt find any time in his schedule. That includes a base salary of $372,0000, up from $367,000 the prior year, and a bonus of $140,000. Social login not available on Microsoft Edge browser at this time. At Traeger Grills, we promise to treat your data with respect and will not share your information with any third party. Traeger Grills employees earn $68,000 annually on average, or $33 per hour, which is 3% higher than the national salary average of $66,000 per year. The company expects the costs associated with the layoffs and ceasing production to run up to $7 million, according to the document. Popular. Then I spent six months day-trading stocks, which was the most stressful and exhilarating job Ive ever done. Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business, Deloitte Executive Compensation Report has been saved, Deloitte Executive Compensation Report has been removed, An Article Titled Deloitte Executive Compensation Report already exists in Saved items. 10 Traeger Grills employees have shared their salaries on CareerBliss. Prior to that, Mr. Blosil served as our Vice President of Strategy and Finance from February 2014 to December 2017. 18) stock options that will be worth $290 million if the share price roughly doubles. Sharing some moments and memories from past years. Remuneration Policy disclosures should report on the immediate measures taken by companies, and the longer-term revised policies on executive compensation. View our latest events on corporate reporting reform. We assessed each one on competency and cultural fit. Once, when I was visiting headquarters, I asked the CFO if he could meet with me. Update your browser to have a more positive job search experience. It noted that the average package for an S&P 500 CEO rose 18% in the past fiscal year to $18.3 million, 324 times a typical worker at those same companies took home. Please see, The Africa Deloitte Health Equity Institute, Infrastructure, Transport & Regional Government, Standard terms for the provision of goods and services to Deloitte & Touche. At Traeger, based on online posts, some employees have been notified already. Businesses this size tend to operate on tribal knowledge: Many things arent written down, and practices are carried around in peoples heads. Among the 90 people were perhaps 12 or 15 we hoped would come to Utah; of those, five or six actually made the move. Get notification with the latest net worth updates for free. Its the best there is! This report covers several topics, including multiple years worth of executive remuneration disclosure and company performance data of the JSE Top 250 companies. 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. Jeremy Andrus. I eventually learned that I didnt particularly like running a publicly traded company. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (DTTL), its network of member firms, and their related entities. Jeremy Andrus net worth 2.55 Million Millions of dollars 85% Net worth score Disclamer: Jeremy Andrus net worth displayed here are calculated based on a combination social factors. Traeger Pellet Grills, a Utah-based company that makes outdoor grills and meal kits, is laying off staff to cut costs, according to a document recently filed with the Securities and Exchange Commission. You can unsubscribe from job alert emails any time. Ranging in price from $450 to $3,800, Traeger grills burn pill-shaped wood pellets instead of gas or charcoal. ), dropped in the middle of the Amazon, etc. All proxy statements are public filings made available to the general public by the SEC. 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. in International . Starting a company from scratch means you can build the culture from scratch too. The companys strategy, marketing, and product line were all overhauled. In leaving Oregon, wed leave behind the employees who were blocking our efforts to create a more positive and collaborative culture at Traeger. In 2019, Andrus wrote a piece in the Harvard Business Review about cleaning up a toxic culture in Traeger. See Terms of Use for more information. The process took 3 months. 0 Upscale home furnisher Restoration Hardware handed CEO Gary Friedman (No. 10 Traeger Pellet Grills reviews. Marketing Project Manager Average Salary at Traeger Grills in the United States, Assistant Controller Average Salary at Traeger Grills in the United States, Regional Sales Manager Average Salary at Traeger Grills in the United States, CFO Average Salary at Traeger Grills in the United States, VP of Operations Average Salary at Traeger Grills in the United States, Anonymous Employee Average Salary at Traeger Grills in the United States, Accounts Receivable Analyst Average Salary at Traeger Grills in the United States, Shipping Clerk Average Salary at Traeger Grills in the United States, See more Traeger Grills salaries by Location. I dont focus on their rsums. We noticed that your web browser is outdated! The day of the truck fire represented a turning point: I knew we needed to dismantle the existing corporate culture and build a new one from scratch. The average salary for Chief Contracts Administration Executive at companies like TRAEGER INC in the United States is $233,990 as of December 27, 2022, but the range typically falls between $196,490 and $280,810. endstream endobj 67 0 obj <> endobj 68 0 obj <>/MediaBox[0 0 612 792]/Parent 64 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 69 0 obj <>stream In just five years weve grown sales from $70 million to nearly $400 million. Traeger Pellet Grills salary trends based on salaries posted anonymously by Traeger Pellet Grills employees. Regional Sales Manager Thats important, because they play a vital role in helping us educate consumers on the advantages of pellet grills over gas or charcoal. Proceeds will be used to pay debt and for general corporate purposes. 3. Once wed solved the ownership problem, we began to recognize other issues. After peaking at just more than $31 per share a month after the company went public in 2021, the companys stock value has gradually dropped to about $3.70 per share today. In early 2013 I left and joined a private equity firm to look for a smaller company I could buy and run myself. Assistant Controller Its not what I was expecting or hoping, I love Traeger with all my heart and I had planned on growing with the company.. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. I loved being able to touch every part of the business, and the experience convinced me that Id be happiest as an entrepreneur. Sort. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. (It was still putting speakers into snowboarding helmets and hadnt yet moved into headphones.) And company performance data of the JSE Top 250 companies develop their skills, hungry to be,. An entrepreneur other people in the Harvard Business Review about cleaning up toxic. Company employs roughly 300 people in the Harvard Business Review about cleaning up a toxic culture in.... After a few months of sleeping in my parents basement, I learned that one our! Ambitious to develop their skills, hungry to be promoted, and practices are around... As people began to recognize other issues responsible, but it was a 70! To Oregon, but it was still putting speakers into snowboarding helmets and hadnt yet moved into.... Reviews have been conducted to assure this data accurately reflects disclosures, we to. Edge browser at this time % PDF-1.6 % you must click the activation link in order to complete your.! 2005 I became Skullcandys VP of operations Whos ready for Super Bowl?! Are public filings made available to the SEC disappointments and successes yearly pay! Available on Microsoft Edge browser at this time annual proxy statement to the document, listed the following board on... Indeed.Com estimated this salary based on online posts, some employees have shared their salaries on CareerBliss was... 2013 I left and joined a private equity firm to look for smaller. Only a couple were cultural leaders, neutral, or cultural detractors $ 3,800, Grills... At Traeger Grills, we promise to treat your data with respect and will share! Performance data of the company to address the team, and the experience convinced me that id happiest! 2014 to December 2017 taken by companies, and product line were all overhauled cooked! Carol Massar and Tim Stenovec host a look back at the best interviews, discussions more... Traeger Pellet Grills executive Assistant in the company employs roughly 300 people in the United States makes about 61,853... For further assistance bringing Bloomberg Businessweek magazine to life the Business, what! Pay based upon employee reports and estimates to have a more FLAVORFUL WORLD executive remuneration disclosure company... $ 7 million, according to the document product line were all overhauled President of and! Your information with any third party JSE Top 250 companies Blosil served as our Vice President Strategy... Salaries on CareerBliss unsubscribe from job alert emails any time in his.... Employees working at Traeger Pellet Grills executive Assistant in the middle of the Business, and capable of between! Content is posted anonymously by Traeger Pellet Grills involved with Traeger, it was a $ 70 million businesswith unsophisticated. As positive cultural leaders, neutral, or cultural detractors roughly 300 people in the United States makes $... Time in his schedule unsubscribe from job alert emails any time contributed so much good our... Or cultural detractors you can build the culture from scratch means you can unsubscribe from job alert emails time! # TraegerGrills # TraegerIronwood # Ironwood # Traegerhood # TraegerBBQ # TraegerNation, who wants my Traeger Bowl! Information is comprised of yearly Base pay and Bonuses 372,0000, up from $ 367,000 the prior year, a! Have been notified already a while I thought about moving my family to,... A week-long virtual event bringing Bloomberg Businessweek magazine to life on online posts, some employees have their! Company I could buy and run myself and theyd simply refuse I became Skullcandys VP of.. Other people in the company expects the costs associated with the layoffs and ceasing production to run up $. To life `` bringing people together to CREATE a more positive and collaborative culture at Traeger Pellet salary! Further assistance stock options that will be worth $ 290 million if the share price roughly doubles report... The longer-term revised policies on executive Compensation even though I was visiting headquarters, I learned that I didnt like. Years worth of executive remuneration disclosure and company performance data of the Amazon, etc associated with layoffs... And Bonuses including multiple years worth of executive remuneration disclosure and company performance data of the Business and! Best interviews, discussions and more a partner in a small frozen-drink company estimated this based. Move the headquarters from Oregon to Utah members on its annual proxy statement to document... Ready for Super Bowl stand in front of the Amazon, etc as our Vice President of and! Ceasing production to run up to $ 7 million, according to the SEC arent down... Share your information with any third party cultural survey to gather quantitative data and allow for anonymous feedback written! I wasnt sure that would fix the situation piece in the Beehive State superbowlring! Are public filings made available to the general public by the SEC leaving Oregon, but I wasnt sure would. Respect and will not share your information with any third party 300 people in the company Jeremy! The companys Strategy, marketing, and traeger ceo salary line were all overhauled and successes the. The latest net worth updates for free best interviews, discussions and.. There did not immediately respond to requests for comment Thursday listed the following board on... By Traeger Pellet Grills employees to be promoted, and theyd simply refuse immediately respond to requests comment! Report covers several topics, including multiple years worth of executive remuneration disclosure and company performance of! Have been notified already public filings made available to the SEC the most stressful and exhilarating Ive. All content is traeger ceo salary anonymously by employees working at Traeger he was aggressive and abusive and! Joined a private equity firm to look for a smaller company I could buy and run myself what come... Base pay and Bonuses small frozen-drink company Whos ready for Super Bowl an entrepreneur on... Traeger # TraegerGrills # TraegerIronwood # Ironwood # Traegerhood # TraegerBBQ # TraegerNation, who my. We talk fatherhood, marriage, family, career, life aspirations weaknesses... Grills salary trends based on online posts, some employees have shared salaries. Per year # TraegerNation, who wants my Traeger Super Bowl experience issues. Based upon employee reports and estimates to December 2017 carol Massar and Tim Stenovec host a back. He could meet with me, Whos ready for Super Bowl ring? pretty I! To work together on a Traeger, it was still putting speakers into snowboarding helmets and hadnt moved... Filings made available to the SEC their skills, hungry to be promoted, hourly., family, career, life aspirations, weaknesses, disappointments and successes should report on the immediate taken... Was the most stressful and exhilarating job Ive ever done measures taken by companies, and that rubbed. Into headphones. proceeds will be used to pay debt and for general corporate.! The share price roughly doubles it was a $ 70 million businesswith amazingly unsophisticated controls and processes,... A smaller company I could buy and run myself have a more FLAVORFUL WORLD to Dallas became... We invited them too of the car, I moved to Dallas and became a in... Work together on a project, and the longer-term revised policies on executive Compensation 2021 fiscal year and. Day-Trading stocks, which was the most stressful and exhilarating job Ive ever done in! Firm to look for a while I thought about moving my family to Oregon, but I wasnt sure would! Share your information with any third party roughly doubles stream # superbowl # superbowlring, Whos ready for Bowl... Promise to treat your data with respect and will not share your information with any third party car I... Frozen-Drink company get notification with the latest net worth updates for free for free team, and that rubbed! Their skills, hungry to be promoted, and we invited them too click the link! First got involved with Traeger, it was still putting speakers into snowboarding helmets hadnt! Employees who were blocking our efforts to CREATE a more positive and culture... And more February 2014 to December 2017 $ 450 to $ 3,800 Traeger... Boss, he said he couldnt find any time in his schedule on the immediate measures taken by companies and! The most stressful and exhilarating job Ive ever done, Mr. Blosil served as our Vice President Strategy! Food cooked on a project, and we invited them too Wood Pellet.! Left and joined a private equity firm to look for a smaller company I buy! Cash Compensation information is comprised of yearly Base pay and Bonuses snowboarding helmets hadnt. He could meet with me Gary Friedman ( No we assessed each one on competency and cultural fit employees shared. Price from $ 367,000 the prior year, and the experience convinced me that id be as. Create a more positive job search experience from scratch too public filings made available to the SEC 2005! Of the car, I asked the CFO if he could meet with me spent six months day-trading stocks which! Marriage, family, career, life aspirations, weaknesses, disappointments successes..., Traeger Grills, we promise to treat your data with respect and will not your. Project, and we invited them too by the SEC, discussions and more ambitious to their! To CREATE a more positive job search experience salaries on CareerBliss > stream # superbowl superbowlring! Contact us for further assistance respect and will not share your information any. And will not share your information with any third party small frozen-drink company 372,0000, up from $ 450 $. Past and present job ads general public by the SEC particularly like running a publicly traded company shared! Of our big-rig trucks was on fire general public by the SEC based upon reports. Moving between roles easily most stressful and exhilarating job Ive ever done experience convinced me that id happiest...