Steven Hollister has been the CEO of Calavo Growers Inc since September 2021. Under his leadership, the company has focused on management practices that align with shareholder value. In 2022, Hollister earned a total compensation of $150,000, primarily from his...
Steven Hollister has been the CEO of Calavo Growers Inc since September 2021. Under his leadership, the company has focused on management practices that align with shareholder value. In 2022, Hollister earned a total compensation of $150,000, primarily from his salary, with no performance bonuses. His strategy seems to prioritize long-term growth, reflected in the vesting of 1,500 shares of restricted stock, which has value tied to the company’s performance. Interestingly, in 2021, his total compensation was significantly higher at $323,882, which included stock options meant to motivate the team. Despite this, the company faced a loss that year, so no bonuses were awarded. This shows that Hollister is navigating a challenging environment, making decisions that balance immediate financial realities with future potential. He has extensive experience specifically in the fresh food sector, guiding Calavo Growers through a period marked by both opportunity and competition.