Robert C. Cantwell served as the CEO of B&G Foods, a company known for its popular food brands, from January 2015 until his retirement in April 2019. A certified public accountant with a wealth of financial expertise, Cantwell started his...

Robert C. Cantwell served as the CEO of B&G Foods, a company known for its popular food brands, from January 2015 until his retirement in April 2019. A certified public accountant with a wealth of financial expertise, Cantwell started his career at B&G Foods back in 1983, working his way up from Assistant Vice President of Finance. Notably, he transitioned seamlessly from CFO to CEO, demonstrating his deep knowledge of the company's operations and finances. During his tenure, he was instrumental in expanding the B&G Foods portfolio through strategic acquisitions, including Pirate Brands, which boosted the company's product offerings substantially. Cantwell's compensation varied significantly during his time, peaking in 2016 with a total of approximately $2.78 million, largely due to a substantial bonus reflecting his performance. Following his retirement, he continued to be involved with B&G Foods, advising on mergers and acquisitions. Cantwell's values include a strong commitment to quality, ethical practices, and community support, which are fundamental to the culture at B&G Foods.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other B&G Foods CEOs

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Robert C. Cantwell

Ex-CEO of B&G Foods

Education

Certified Public Accountant

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Defensive

Born

January 1, 1957 - 68 years ago

CEO of B&G Foods for

4 years 3 months (Jan 2015 - Apr 2019)

Previous Experience

Executive Vice President of Finance and Chief Financial Officer at B&G Foods

Rivals

Competitors/colleagues of Robert C. Cantwell

Holdings

See how much did Robert C. Cantwell make over time.

Robert C. Cantwell's insider trading activities showed significant fluctuations during his time as CEO of B&G Foods. At one point in 2019, his holdings were worth around $4.49 million, reflecting a peak in company performance. However, after retirement, his holdings...

Robert C. Cantwell's insider trading activities showed significant fluctuations during his time as CEO of B&G Foods. At one point in 2019, his holdings were worth around $4.49 million, reflecting a peak in company performance. However, after retirement, his holdings began to decline, reaching about $2.2 million by 2024. This drop indicates the impact of the stock performance on his net worth, as his wealth was heavily tied to B&G Foods. There were noticeable spikes in his portfolio value, with a high of approximately $7.39 million in early 2021, showing a resilient market interest in the company during that period. Overall, he demonstrated a keen ability to manage and hold significant assets within the company, while also experiencing the natural ebb and flow of the stock market.

No data yet.

Total Stock Sold

$7.84M

BGS

$7.84M

275,000 BGS shares

What if they kept their stock?

If Robert C. Cantwell didn't sell their stock, today they would have:
Extra BGS275,000 shares worth $6.62M.
This is -15.62% and $1.22M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Robert C. Cantwell.

BGS

32,249 shares

BGS

Feb 25, 2019

Received

BGS

$264.20K

BGS at $26.42/share

Mar 9, 2018

Purchase

BGS

56,714 shares

BGS

Feb 26, 2018

Received

BGS

22,604 shares

BGS

Feb 21, 2017

Received

BGS

18,454 shares

BGS

Feb 22, 2016

Received

BGS

24,002 shares

BGS

Feb 13, 2015

Received

BGS

$1.87M

BGS at $33.93/share

Jun 10, 2014

Sale

BGS

57,789 shares

BGS

Feb 11, 2014

Received

BGS

$2.19M

BGS at $33.70/share

Dec 4, 2013

Sale

BGS

$1.89M

BGS at $29.08/share

Feb 20, 2013

Sale

Compensation History

See how much did Robert C. Cantwell make over time.

During his time as CEO, Robert C. Cantwell's compensation varied quite a bit. In 2015, he started with a base salary of $700,000 and had the potential for bonuses. The highest reported compensation was about $2.78 million in 2016, driven mainly by a strong annual bonus based on performance metrics. This was due to adjustments tied to the company's financial goals and his individual achievements. Despite no bonuses in 2019 as he was set to retire, he still received a total package that included options, reflecting his long-term commitment to the company's success. His compensation reflects a mix of fixed income and performance-based incentives, aiming to align his interests closely with those of the shareholders.

Year

2019

Total Compensation

$429.43K

Salary

$257.48K

Board Justification

The compensation committee aims to provide incentives for superior performance and align executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No annual bonus was earned for fiscal 2019 as Mr. Cantwell retired on April 5, 2019 and was not a participant in the 2019 annual bonus plan.

Other

$171.96K

Board Justification

Includes a cash payment for accrued but unused vacation and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2019 as Mr. Cantwell retired before any performance shares could be earned.

Performance Metrics

The performance metrics for Mr. Cantwell's compensation were based on adjusted EBITDA and excess cash objectives, but he did not earn any performance shares due to not meeting the threshold performance objectives.

Other B&G Foods CEOs

Here are other CEOs of B&G Foods

David L. Wenner

Ex-CEO of B&G Foods

March 1993 - December 2014

Kenneth G. Romanzi

Ex-CEO of B&G Foods

April 2019 - November 2020