Gerben W. Bakker is the CEO of Hubbell Incorporated, a role he stepped into after significant leadership positions in the company. He has a solid background in business, having earned a Bachelor's degree in Business Administration from the University of...
Gerben W. Bakker is the CEO of Hubbell Incorporated, a role he stepped into after significant leadership positions in the company. He has a solid background in business, having earned a Bachelor's degree in Business Administration from the University of Michigan. Bakker has been with Hubbell since at least 2014, progressively climbing the ranks from Group President of the Power Systems business to President and Chief Operating Officer before becoming CEO. His strategic focus has been on aligning executive pay with company performance, which is evident through the metrics they use, like earnings per share and cash flow. Interestingly, Bakker's total compensation reached over $8 million in 2022, consisting mainly of options and vested stock. His financial decisions extend beyond his salary—his insider trading activity saw notable spikes, peaking in February 2024 with nearly $28 million in transactions. This shows his deep confidence in the company's future and aligns his wealth with shareholders’ interests. He promotes a culture of accountability and responsibility while steering the company towards its long-term goals.