Brian Kocher is the CEO of Calavo Growers, Inc., a company he joined on February 1, 2022. With a focus on management, Kocher has been steering the company through interesting times. Under his leadership, the company's performance metrics include Adjusted...

Brian Kocher is the CEO of Calavo Growers, Inc., a company he joined on February 1, 2022. With a focus on management, Kocher has been steering the company through interesting times. Under his leadership, the company's performance metrics include Adjusted EBITDA targets, showing a clear connection between staff efforts and company earnings. In 2023, he received a total compensation of $2.14 million, including a salary of $1.08 million and a significant bonus of $288,172 tied to company performance. This compensation reflects his commitment to aligning executive pay with the company’s success. Notably, Kocher's level of vested stock was valued at $800,000 recently, indicating confidence in the company’s future. Prior to Calavo, Kocher gained substantial experience in the food industry, making strategic decisions that helped shape his current approach. As he continues in the role, his decisions impact not only the company but also its shareholders, tying the success of Calavo to his leadership skill.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Calavo Growers CEOs

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Brian Kocher

CEO of Calavo Growers

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1970 - 55 years ago

CEO of Calavo Growers for

3 years 5 months (Feb 2022 - Present)

Previous Experience

President and Chief Executive Officer of the Castellini Group of Companies

Rivals

Competitors/colleagues of Brian Kocher

Holdings

See how much did Brian Kocher make over time.

Brian Kocher's holdings in Calavo Growers, Inc. reflect an important part of his wealth. In 2023, his vested stock was valued at $800,000, showcasing a significant stake in the company's success. This indicates that Kocher's wealth is closely tied to...

Brian Kocher's holdings in Calavo Growers, Inc. reflect an important part of his wealth. In 2023, his vested stock was valued at $800,000, showcasing a significant stake in the company's success. This indicates that Kocher's wealth is closely tied to how well the company performs, aligning his interests with those of shareholders. In the prior year, he had a notable vested stock value of approximately $1.37 million in 2022, which included shares granted when he joined the company. The fluctuation in his stock holdings highlights his increasing commitment to Calavo and its future performance. As the CEO, his personal wealth and the company's growth prospects are closely linked, making his decisions crucial for both parties involved.

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Insider Trading

See recent insider trades of Brian Kocher.

No insider trades found for this CEO.

Compensation History

See how much did Brian Kocher make over time.

In 2023, Brian Kocher, the CEO of Calavo Growers, earned a total compensation of $2.14 million. This amount is a combination of his base salary of $1.08 million, a performance-based bonus of $288,172, and vested stock valued at $800,000. The bonus he received was based on performance targets related to Adjusted EBITDA, a clear indicator that his pay is linked directly to the company's financial results. In 2022, his total compensation was higher at around $3.08 million, driven in part by higher vested stock awards that year. This drop in compensation is likely due to the nature of his stock vesting schedule and the performance review process. His compensation package reflects a broader strategy to align leadership incentives with company performance, ensuring that he and shareholders have shared goals regarding the company's success.

Year

2023

Total Compensation

$2.21M

Salary

$1.08M

Board Justification

The compensation philosophy emphasizes performance-based pay to align executive compensation with company performance and shareholder interests, while also considering competitive benchmarking and retention strategies.

Bonus

$288.17K

Board Justification

Pro-rata portion of estimated STIP bonus based on performance metrics for the fiscal year 2023.

Other

$47.96K

Board Justification

Other compensation includes health benefits, car allowance, 401(k) contributions, life insurance, and relocation allowance.

Restricted Stock

$800.00K(800K RSU)

Board Justification

Value of stock awards that vested in 2023, including restricted stock units (RSUs) and performance-based stock units (PRSUs).

Performance Metrics

Performance metrics for the bonus included Adjusted EBITDA targets, with specific thresholds for payout.

Other Calavo Growers CEOs

Here are other CEOs of Calavo Growers

Steven Hollister

Ex-CEO of Calavo Growers

September 2021 - January 2022