Jeffrey P. Oldenkamp is the CEO of Hawkins Inc, a role he stepped into in late 2021 after serving as CFO since 2017. He has a strong educational background with an MBA from the University of Minnesota and a Bachelor's in Accounting from the University of St. Thomas. With over 20 years of finance experience, he has also held key positions at MTS Systems Corporation and Nilfisk-Advance, a global cleaning equipment manufacturer. One interesting note about his leadership at Hawkins is the bonus structure that ties his rewards directly to company performance, achieving a payout of 200% of the targeted bonus because the company exceeded expectations in fiscal 2024. His background in finance and operational leadership plays a crucial role as Hawkins continues to push for growth and efficiency in its business operations.

Current Market Cap

$2.65B

Number of Employees

934

Total Compensation

2021 - 2023

Trending up by 45.62% last year

Showing total compensation for the last 2021 - 2023

Stock

Up by 0.00% last year

Salary

Up by 3.54% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

2023 2022 2021

Year

2023

Total Compensation

$658.20K

Salary

$468.00K

Board Justification

The compensation philosophy aims to attract and retain executives by aligning their interests with those of shareholders through performance-based incentives.

Bonus

$70.20K

Board Justification

The bonus is based on the achievement of corporate performance goals, with a payout of 200% of the targeted payout level due to exceeding performance expectations in fiscal 2024.

Other

$0.00

Board Justification

No other compensation was reported for 2023.

Restricted Stock

$120.00K(12.27K RSU)

Board Justification

The stock awarded for fiscal 2024 was based on performance metrics, with 150% of the target number of shares vested due to exceeding performance targets.

Performance Metrics

The performance metrics for fiscal 2024 included income before income taxes as the primary measure for determining cash and equity incentive payouts.

SEC Filing

From June 20, 2024

View SEC Filing

Jeffrey P. Oldenkamp

Ex-CEO of Hawkins

Education

MBA from the University of Minnesota, Bachelor of Arts in Accounting from the University of St. Thomas

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1977 - 47 years ago

Is Founder?

Tenure

1 year 11 months (Oct 2021 - Oct 2023)

Previous Experience

Chief Financial Officer at MTS Systems Corporation

Predecessor

Patrick H. Hawkins

March 2011 - October 2021

Successor

None