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Douglas Cahill is the CEO of Hillman Solutions Corp., a company focused on providing product solutions to various industries. With an MBA from Harvard Business School, he has a strong background in business and finance. Besides leading Hillman, he has...

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Douglas Cahill

Ex-CEO of Hillman Solutions Corp.

Education

MBA from Harvard Business School

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1972 - 53 years ago

CEO of Hillman Solutions Corp. for

1 year 10 months (Jul 2021 - Jun 2023)

Previous Experience

President of Hillman Solutions Corp. prior to CEO role

Holdings

See how much did Douglas Cahill make over time.

Douglas Cahill holds around 4.7 million shares in Hillman Solutions Corp., which makes up about 2.4% of the company. His investment rises from a strong belief in Hillman’s future and reflects his direct involvement in the business strategy. Over the...

Insider Trading

See recent insider trades of Douglas Cahill.

HLMN

114,445 shares

HLMN

Mar 7, 2024

Received

HLMN

121,721 shares

HLMN

Mar 7, 2023

Received

HLMN

$993.95K

HLMN at $7.71/share

Nov 30, 2022

Purchase

HLMN

$1.00M

HLMN at $10.60/share

Mar 7, 2022

Purchase

HLMN

90,543 shares

HLMN

Jan 11, 2022

Received

Compensation History

See how much did Douglas Cahill make over time.

In 2023, Douglas Cahill's total compensation reached $1,577,438, which includes a salary of $800,000 and an annual cash bonus of $742,201 based on performance metrics like Adjusted EBITDA. It’s worth noting that he chose cash compensation over stock options, reaffirming his focus on immediate business performance. His compensation reflects a strong alignment with company goals, designed to attract and retain talent while rewarding individual and corporate successes. In 2022, he earned $819,165, with a substantial increase in 2023 highlighting improvements in the company's overall financial health. This structured compensation package differentiates his earnings from traditional stock-based rewards, emphasizing performance-driven results during his tenure as CEO.

Year

2023

Total Compensation

$1.56M

Salary

$800.00K

Board Justification

The compensation philosophy aims to attract, motivate, and retain qualified executives, aligning their compensation with corporate performance and individual contributions.

Bonus

$742.20K

Board Justification

Annual performance-based bonus based on achievement of specified performance targets, paid in cash for the year ended December 30, 2023.

Other

$19.54K

Board Justification

Other compensation includes matching contributions to the 401(k) plan and car allowance.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

Adjusted EBITDA and Adjusted Leverage Ratio were the primary performance metrics determining the bonus for 2023.

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