Throughout his tenure at Transcat, Hadeed's personal wealth was closely tied to the performance of the company's stock. While he did not exercise stock options during his later years as CEO, he was granted substantial awards earlier in his career,...
Throughout his tenure at Transcat, Hadeed's personal wealth was closely tied to the performance of the company's stock. While he did not exercise stock options during his later years as CEO, he was granted substantial awards earlier in his career, notably a stock award of 10,000 shares during 2014. During the years leading up to his departure in 2021, his total compensation fluctuated as well, peaked at over $1 million in 2018, showing his significant impact on the company. By 2021, with a total compensation of $1 million again, it reflected a strategic shift back to performance-based cash incentives. This approach indicates his focus on ensuring that his finances aligned with the company’s success during turbulent financial times.