Richard J. Tobin
President, Chief Executive Officer & Chair
Executive
8 yr
18 reports
Dover Corporation ·DOV
Five segment presidents report directly to a combined Chair-CEO
Industrials · Fortune #456 · Hybrid structure · 24K employees · Downers Grove, Illinois
View as of:
4
CEO span
↓ tighter than peers (avg 10)
2.5
Avg span
tight
3
Max depth
3 levels
4 yr
Avg tenure
↓ 1.0yr from FY2024
25%
Internal hires
↓ below industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$8.1B
Operating income
$1.4B
Net income
$1.1B
Total assets
$13.4B
Shares out
135M
Sourced from Dover Corporation DEF 14A · filed 2026-03-24 ↗ View on SEC
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Dover Corporation organizational chart
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Dover operates with a lean corporate center and a combined Chair-CEO, with major functions reporting directly to the top and operating segments retaining autonomy. This page details the executive structure, leadership metrics, recent changes, and peer comparisons.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Chris B. Woenker moved into Senior Vice President & CFO
Promoted to CFO effective January 31, 2025.
Source · See change logScenario views in the chart
- Add Chief Operating Officer Introduce a COO role to reduce CEO span of control and centralize operational coordination across segments.
- Add Chief AI Officer Create a Chief AI Officer role to accelerate industrial AI, analytics, and automation initiatives.
Atlas work this supports
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The people
Who's running this
5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Chris B. Woenker
Senior Vice President & Chief Financial Officer
Finance
1 yr
6 reports
Girish Juneja
Senior Vice President & Chief Digital Officer
Digital
5 yr
5 reports
Ivonne M. Cabrera
Senior Vice President & General Counsel
Legal
7 yr
4 reports
Jeffrey C. Yehle
Senior Vice President & Chief Human Resources Officer
Human Resources
1 yr
4 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Richard J. Tobin $18.8M
- Base salary
- $1.39M
- Bonus
- $2.54M
- Stock awards
- $8.04M
- Option awards
- $6.56M
- Other
- $231K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
Executives and directors are subject to stock ownership guidelines based on salary or retainer multiples.
The businesses
How Dover Corporation divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Finance
500 employees
Senior Vice President & CFO (Chris B. Woenker)
Oversees financial reporting, capital allocation, treasury, and investor relations.
Legal
120 employees
Senior Vice President & General Counsel (Ivonne M. Cabrera)
Manages corporate governance, compliance, M&A legal support, and risk management.
Digital & IT
400 employees
Senior Vice President & Chief Digital Officer (Girish Juneja)
Leads enterprise IT, cybersecurity, data, and digital transformation initiatives.
The thesis
Why this org is unusual
Dover’s most distinctive structural feature is that its five operating segments are overseen directly by a combined Chair and CEO rather than through a separate group COO layer.
This concentrates strategic and capital allocation authority at the top while preserving segment autonomy. The corporate center remains lean, with functional leaders in finance, legal, digital, and HR reporting directly to the CEO.
The absence of a COO shifts coordination responsibilities to the CFO and Chief Digital Officer, particularly around shared services, systems, and operational excellence. This design aligns with Dover’s long-standing portfolio model, where segment leaders are accountable for performance while the corporate center focuses on governance, capital allocation, and talent development.
- Combined Chair and CEO role
- No standalone COO position
The comparison
How Dover Corporation stacks up
Compared with diversified industrial peers such as Illinois Tool Works and Danaher, Dover operates with a similarly lean corporate center but with fewer enterprise-level C-suite roles. Unlike Honeywell or 3M, Dover does not use a strong COO layer, relying instead on direct CEO oversight of segments. This results in a …
C-suite size
Reporting depth
Avg C-suite tenure
Has COO / Has CAIO
Dover Corporation — no COO — no CAIO
3M ✓ COO — no CAIO
Current signals
What changed recently
The most significant recent change was the CFO transition, with Chris Woenker promoted following Brad Cerepak’s retirement in January 2025.
- promoted
- departed
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-24
- CEO
- Richard J. Tobin
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 4 yr
CFO succession completed following long-planned retirement.
Named executive officers (5)
- Richard J. Tobin - President & CEO since 2018
- Chris B. Woenker - SVP & CFO since 2025
- Ivonne M. Cabrera - SVP & General Counsel since 2019
- Girish Juneja - SVP & Chief Digital Officer since 2020
- Jeffrey C. Yehle - SVP & CHRO since 2024
FY2024
DEF 14A filed 2025-03-20
- CEO
- Richard J. Tobin
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 5 yr
CFO retirement announced; transition underway.
Named executive officers (5)
- Richard J. Tobin - President & CEO since 2018
- Brad M. Cerepak - SVP & CFO since 2015
- Ivonne M. Cabrera - SVP & General Counsel since 2019
- Girish Juneja - SVP & Chief Digital Officer since 2020
- Jeffrey C. Yehle - SVP & CHRO since 2024
FY2023
DEF 14A filed 2024-03-21
- CEO
- Richard J. Tobin
- CEO span
- 4
- C-suite
- 4
- Avg tenure
- 5.5 yr
Stable executive team prior to CFO succession.
Named executive officers (4)
- Richard J. Tobin - President & CEO since 2018
- Brad M. Cerepak - SVP & CFO since 2015
- Ivonne M. Cabrera - SVP & General Counsel since 2019
- Girish Juneja - SVP & Chief Digital Officer since 2020
Year-over-year changes
The primary change was the CFO transition, modestly reducing average C-suite tenure.
- CEO span: 4 → 4
- C-suite size: 5 → 5
- Avg tenure: 5 → 4 yr
- promoted Chris B. Woenker - SVP & CFO (was Vice President, Finance) (DEF 14A, 2026-03-24)
- departed Brad M. Cerepak - SVP & CFO (DEF 14A, 2026-03-24)
Frequently Asked Questions
Who is the CEO of Dover Corporation?
Richard J. Tobin has served as President and CEO since May 2018 and also became Chair of the Board in 2024.
What type of organizational structure does Dover Corporation use?
Dover uses a hybrid structure combining decentralized operating segments with a lean corporate center.
How many direct reports does Dover Corporation's CEO have?
The CEO has four direct-report C-suite executives at the corporate level.
How has Dover Corporation's leadership changed recently?
In January 2025, Chris Woenker was promoted to CFO following the retirement of long-time CFO Brad Cerepak.
Does Dover Corporation have a COO?
No. Dover does not have a standalone COO; operating oversight sits directly with the CEO.
Sources
- DEF 14A Filing, Mar 2026
- SEC EDGAR: Dover Corporation DEF 14A Proxy Statement
- SEC EDGAR: Dover Corporation 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Dover Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/dover/MLA 9th
"Dover Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/dover/. Accessed .Chicago 17
Creately. "Dover Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/dover/.Original SEC source View on SEC ↗
Dover Corporation. DEF 14A. Filed 2026-03-24. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/29905/000119312526120708/d935769ddef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/dover/ · last updated 2026-04-01