Steven Oakland has been the CEO of TreeHouse Foods since March 2018. Born in 1963, he brings a solid educational background with a bachelor's degree in Business Administration and a wealth of experience in management. Over his tenure at TreeHouse,...

Number of Employees

7.4K

Year

2023

Total Compensation

$1.35M

Salary

$950.00K

Board Justification

The compensation philosophy emphasizes performance-based pay that aligns with the company's long-term strategic goals and shareholder interests, ensuring that a significant portion of the CEO's compensation is at-risk and tied to company performance.

Bonus

$200.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and adjusted EBITDA targets for the fiscal year 2023.

Other

$50.00K

Board Justification

Other compensation includes benefits such as retirement contributions, health insurance premiums, and other perquisites.

Restricted Stock

$150.00K(5K RSU)

Board Justification

5,000 shares of restricted stock units (RSUs) vested in 2023 as part of the long-term incentive plan, which were granted in prior years and are tied to performance metrics over a multi-year period.

Performance Metrics

Performance metrics for 2023 included revenue growth targets, adjusted EBITDA, and operational efficiency improvements.

SEC Filing

From March 14, 2024

Steven Oakland

CEO of Treehouse Foods

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Education

Bachelor's degree from Franklin & Marshall College

Field of Expertise

Business & Management

Born

November 25, 1960 - 64 years ago

Is Founder?

No

Current Tenure

6 years 9 months (Mar 2018 - Present)

Previous Experience

President of U.S. Food and Beverage at The J.M. Smucker Company