Patrick H. Hawkins is the CEO of Hawkins Inc, a company he has been with since 1992. He stepped into the CEO role on March 11, 2011, right after the passing of the previous CEO, John R. Hawkins, who was...

Patrick H. Hawkins is the CEO of Hawkins Inc, a company he has been with since 1992. He stepped into the CEO role on March 11, 2011, right after the passing of the previous CEO, John R. Hawkins, who was also his father. Patrick climbed the ranks from various positions, including Plant Manager and Quality Director, to President before leading the company. This gives him a deep understanding of the business and its operations. His overall compensation reflects his importance to the company, with total earnings peaking at over $2.2 million in 2021, driven by solid performance metrics linked to the company's profit. Currently, he holds around 98,632 shares of Hawkins stock, with a significant portion from restricted stock units. His leadership style and experience in the field are key to navigating Hawkins's growth in a competitive industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Hawkins CEOs

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Patrick H. Hawkins

CEO of Hawkins

Education

Bachelor's degree in Business Administration from University of Minnesota

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

June 15, 1971 - 53 years ago

CEO of Hawkins for

14 years 0 months (Mar 2011 - Present)

Previous Experience

Business Director - Food and Pharmaceuticals, Business Manager - Food and Co-Extrusion Products, Sales Representative - Food Ingredients

Rivals

Competitors/colleagues of Patrick H. Hawkins

Holdings

See how much did Patrick H. Hawkins make over time.

Currently, Patrick H. Hawkins holds approximately 98,632 shares of Hawkins Inc. This ownership reflects both his commitment to the company and his success as CEO. His stock holdings include a combination of shares from the Employee Stock Ownership Plan, with...

Currently, Patrick H. Hawkins holds approximately 98,632 shares of Hawkins Inc. This ownership reflects both his commitment to the company and his success as CEO. His stock holdings include a combination of shares from the Employee Stock Ownership Plan, with 13,036 shares, and restricted stock worth about $329,244 that will fully vest in 2023. Notably, his wealth in stock holdings peaked dramatically in prior years, aligning closely with the company’s good performance metrics in fiscal years 2019 and 2020. This suggests that Hawkins has a vested interest in the company’s long-term success, as any fluctuations in stock price directly impact his financial status. His shares’ value has remained significant, showcasing his substantial role in the company’s direction.

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Charitable Transactions

HWKN

3,270 shares

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Recent Charitable Transactions

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300 shares

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Aug 13, 2024

Charity

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1,530 shares

HWKN

Mar 4, 2024

Charity

HWKN

1,440 shares

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Dec 15, 2023

Charity

Insider Trading

See recent insider trades of Patrick H. Hawkins.

HWKN

340 shares

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Jan 15, 2025

Charity

HWKN

300 shares

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Oct 28, 2024

Charity

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300 shares

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Aug 13, 2024

Charity

HWKN

22,188 shares

HWKN

May 15, 2024

Received

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1,530 shares

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Mar 4, 2024

Charity

HWKN

480 shares

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Dec 26, 2023

Charity

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1,440 shares

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Dec 15, 2023

Charity

HWKN

19,365 shares

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May 17, 2023

Received

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24,336 shares

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May 18, 2022

Received

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40,137 shares

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May 20, 2021

Received

Compensation History

See how much did Patrick H. Hawkins make over time.

Patrick's compensation as CEO has varied over the years, showing a trend that correlates with company performance. In 2021, he received a total of $2,246,529, which included a base salary of $500,000 and over $1 million in performance bonuses. Notably, he didn't get stock awards that year, instead focusing on performance-based incentives which are pivotal to his pay structure. The compensation system at Hawkins is designed to align Patrick's goals with those of the shareholders, where his bonus pays out based on the company’s pre-tax income. His pay has increased significantly over the years as he has helped lead Hawkins through various challenges and growth phases. It's clear his financial rewards are tied closely to how well Hawkins performs in the market.

Year

2021

Total Compensation

$659.74K

Salary

$500.00K

Board Justification

The compensation program is designed to attract and retain executives, aligning their interests with those of shareholders through performance-based incentives.

Bonus

$100.00K

Board Justification

Discretionary cash bonuses approved by the Compensation Committee based on company performance metrics.

Other

$59.74K

Board Justification

Includes contributions to nonqualified deferred compensation plan, employer matching contributions to 401(k) plan, and the personal value of a company-provided car.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2021 as the focus was on performance-based restricted stock units for fiscal 2022, which will vest based on performance in that year.

Performance Metrics

Income before income taxes adjusted for acquisitions.

Other Hawkins CEOs

Here are other CEOs of Hawkins

John R. Hawkins

Ex-CEO of Hawkins

May 2009 - March 2011