Philip J. Hawk, born in 1952, has been a pivotal leader at Team, Inc. since 1998, serving as CEO until the end of 2014. His career shows a strong focus on management, contributing significantly to the company’s direction in a...
Philip J. Hawk, born in 1952, has been a pivotal leader at Team, Inc. since 1998, serving as CEO until the end of 2014. His career shows a strong focus on management, contributing significantly to the company’s direction in a competitive market. Looking at his compensation, in 2014, he earned a total of about $1.29 million, a mix of salary and stock options with no bonuses or vested stock that year. Interestingly, his compensation in 2013 was higher at approximately $1.39 million due to a performance bonus of $176,000. A notable fact is his substantial insider trading activity in 2019, with transactions worth millions (peaking at $3.58 million), suggesting a strategic control over his investments in the company. Hawk’s approach to compensation in Team reflects a philosophy aimed at aligning pay with company performance, focusing on attracting and retaining top talents while ensuring the executive pay matches shareholder interests. He has also navigated the challenges of stock performance, adapting his strategies to maintain value for shareholders and to adapt to market conditions.