Gregory H. Trepp is the CEO of Hamilton Beach Brands Holding Company, where he has been at the helm since October 2018. Under his leadership, the company has focused heavily on sales performance, which is evident in his compensation structure...

Gregory H. Trepp is the CEO of Hamilton Beach Brands Holding Company, where he has been at the helm since October 2018. Under his leadership, the company has focused heavily on sales performance, which is evident in his compensation structure that emphasizes performance-based pay. For instance, in 2023, Trepp earned a total of approximately $3.97 million, mainly driven by a salary of about $860,000 and a performance bonus tied to the company's success metrics. An interesting aspect of Trepp's journey is his track record with insider trading, particularly in 2021 when his holdings fluctuated significantly, peaking in the millions, which shows his strong belief in the company's potential. He guided Hamilton Beach through considerable changes, including a transition that saw a new president take over operations in 2024 while he remains focused on overall strategy as CEO. Trepp's role involves evaluating executive performances and recommending salary adjustments, ensuring that the leadership team aligns with the company’s goals. His education background is not disclosed, but his impact on Hamilton Beach's direction reflects a deep understanding of the business and market dynamics.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Hamilton Beach Brands Holding Company CEOs

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Gregory H. Trepp

Ex-CEO of Hamilton Beach Brands Holding Company

Education

MBA from Harvard Business School

Field of Expertise

Business & Management - Business Management

Sector of Economy

Consumer Cyclical

Born

June 15, 1959 - 65 years ago

CEO of Hamilton Beach Brands Holding Company for

14 years 8 months (Jan 2010 - Sep 2024)

Previous Experience

Various executive roles within Hamilton Beach Brands

Rivals

Competitors/colleagues of Gregory H. Trepp

Holdings

See how much did Gregory H. Trepp make over time.

Gregory H. Trepp's holdings in Hamilton Beach Brands have experienced significant growth and fluctuations. In the early years of his tenure, particularly around 2021, his wealth in stock holdings peaked over several months, with notable spikes reaching around $3 million....

Gregory H. Trepp's holdings in Hamilton Beach Brands have experienced significant growth and fluctuations. In the early years of his tenure, particularly around 2021, his wealth in stock holdings peaked over several months, with notable spikes reaching around $3 million. However, after reaching such heights, his holdings have not only increased but also fluctuated significantly, showing a keen engagement with the market. As time passed, his holdings demonstrated a strong correlation with the company's financial performance and strategic shifts in the market, showcasing a robust connection between his personal investments and his leadership role in the company. Currently, his holdings reflect continued confidence in Hamilton Beach's ongoing strategy and growth trajectory.

Charitable Transactions

HBB

100,000 shares

HBB

Recent Charitable Transactions

HBB

100,000 shares

HBB

Sep 13, 2024

Charity

Insider Trading

See recent insider trades of Gregory H. Trepp.

HBB

100,000 shares

HBB

Sep 13, 2024

Charity

HBB

100,000 shares

HBB

Sep 13, 2024

Charity

HBB

85,509 shares

HBB

Mar 5, 2024

Received

HBB

$105.90K

HBB at $10.59/share

Aug 7, 2023

Purchase

HBB

$768.27K

HBB at $12.63/share

Mar 7, 2023

Received

HBB

$99.90K

HBB at $9.99/share

May 9, 2022

Purchase

HBB

$552.22K

HBB at $10.93/share

Mar 16, 2022

Received

HBB

$954.46K

HBB at $18.21/share

Mar 16, 2021

Received

HBB

$457.58K

HBB at $13.84/share

Feb 25, 2020

Received

HBB

$70.35K

HBB at $14.07/share

Aug 2, 2019

Purchase

Compensation History

See how much did Gregory H. Trepp make over time.

In 2023, Gregory H. Trepp's compensation package totaled nearly $3.97 million, consisting mainly of a salary close to $860,000. He also received a performance bonus of about $1.36 million, which was tied to key performance metrics like adjusted ROTCE and net sales. Notably, his stock awards, which amounted to over $1.5 million, reflect his significant investment in the company's long-term success. His compensation structure is heavily performance-oriented, aligning his earnings with the company’s performance, and this is consistent across previous years as well. For example, in 2022, he earned approximately $2.71 million, highlighting his growing impact and strong leadership within the company as it navigated market challenges and opportunities. This performance-based approach underscores Trepp's commitment to driving shareholder value and company growth through measurable results.

Year

2023

Total Compensation

$3.76M

Salary

$859.92K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, with a significant portion of total compensation being at risk based on performance metrics.

Bonus

$1.36M

Board Justification

The bonus for 2023 is based on performance metrics including adjusted ROTCE and adjusted net sales, with a payout percentage of 106.2% of the target bonus.

Other

$231.00K

Board Justification

Other compensation includes employer contributions to retirement plans and life insurance premiums.

Restricted Stock

$1.30M(71.54K RSU)

Board Justification

The stock awards that vested in 2023 were granted under the Long-Term Equity Plan, with a total value of $1,303,853 based on the average stock price at the time of vesting.

Performance Metrics

Performance metrics for 2023 included adjusted ROTCE and adjusted net sales.

Other Hamilton Beach Brands Holding Company CEOs

Here are other CEOs of Hamilton Beach Brands Holding Company

R. Scott Tidey

CEO of Hamilton Beach Brands Holding Company

October 2024 - Present