Sign in

    Robert Bodor

    President and Chief Executive Officer at Proto Labs Inc
    Since March 1, 2021
    Age
    52 years
    Education
    Holds B.S., M.S., and Ph.D. degrees in Engineering and Computer Science.
    Tenure
    Joined PRLB in December 2012 as Director of Business Development, advanced to Chief Technology Officer, served as Vice President and General Manager – Americas, and has been serving as President and CEO since March 1, 2021.

    Also at Proto Labs Inc

    DS
    Daniel Schumacher
    Chief Financial Officer
    MRK
    Michael R. Kenison
    Vice President/General Manager - Americas
    OR
    Oleg Ryaboy
    Chief Technology Officer

    About

    With a robust background in technology and strategic leadership, this executive has built a reputation through significant contributions at both Honeywell and PRLB, where early roles set the stage for a trajectory toward executive leadership.

    Over the years, a steady progression through key positions—from business development to technology oversight and then to regional operational management—demonstrated a commitment to innovation that has been central to driving growth and transformation in the digital manufacturing space.

    By emphasizing a technology-driven approach and a deep understanding of market dynamics, this leader has not only advanced internal capabilities at PRLB but has also inspired teams to meet ambitious strategic objectives, reinforcing a culture of continuous improvement and competitive excellence.

    $PRLB Performance Under Robert Bodor

    Past Roles

    OrganizationRoleDate RangeDetails
    Proto Labs (PRLB) Vice President and General Manager – Americas January 2015 – March 2021 Promoted to President and CEO in March 2021
    Proto Labs (PRLB) Chief Technology Officer July 2013 – January 2015 N/A
    Proto Labs (PRLB) Director of Business Development December 2012 – June 2013 N/A
    Honeywell Leader of SaaS business offerings, Life Safety Division January 2011 – December 2012 N/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$600,000 AnnuallyFixed cash compensation; unchanged from 2022.
    All Other Compensation$11,200 AnnuallyIncludes 401(k) contributions and other benefits.

    Performance Compensation

    Data from  FY 2023

    Annual Incentive Program

    ComponentMetricWeight (%)ThresholdTargetActual PerformancePayout FactorAdditional Details
    Revenue FactorRevenue75$480.1M $535.5M $499.9M 60.7% Calculated without FX effects ; payout increases between threshold and target.
    AOI FactorAdjusted Operating Income2511.8% 14.1% 11.8% 40.7% Based on budgeted AOI margin; payout scales proportionately.

    Final Incentive Amount: $334,063 representing 56% of target achievement.

    Long-Term Incentive Plan (LTIP)

    Award TypeQuantity / UnitsGrant Date Fair ValueVesting SchedulePerformance Metric / Conditions
    PSUs44,327 (target) $2,561,558 (target) / $5,123,116 (max) Vests at end of 3-year performance period (January 1, 2023 – December 31, 2025) 3-year cumulative TSR relative to the Russell 2000 Growth Index; payout scale: 0% below 25th, 50% at 25th, 100% at 50th, 200% at/above 75th.
    RSUs22,164 $750,030 Vest 25% annually over 4 years starting February 13, 2024 Time-based vesting; no performance metric.
    Stock Options42,061 $750,003 Vest 25% annually over 4 years starting February 13, 2024; expire 10 years from grant Time-based vesting; exercise price is $33.84 per share.