Steven Hollister has been the CEO of Calavo Growers Inc since September 2021. Under his leadership, the company has focused on management practices that align with shareholder value. In 2022, Hollister earned a total compensation of $150,000, primarily from his...

Steven Hollister has been the CEO of Calavo Growers Inc since September 2021. Under his leadership, the company has focused on management practices that align with shareholder value. In 2022, Hollister earned a total compensation of $150,000, primarily from his salary, with no performance bonuses. His strategy seems to prioritize long-term growth, reflected in the vesting of 1,500 shares of restricted stock, which has value tied to the company’s performance. Interestingly, in 2021, his total compensation was significantly higher at $323,882, which included stock options meant to motivate the team. Despite this, the company faced a loss that year, so no bonuses were awarded. This shows that Hollister is navigating a challenging environment, making decisions that balance immediate financial realities with future potential. He has extensive experience specifically in the fresh food sector, guiding Calavo Growers through a period marked by both opportunity and competition.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Calavo Growers CEOs

C

Steven Hollister

Ex-CEO of Calavo Growers

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1958 - 67 years ago

CEO of Calavo Growers for

0 years 4 months (Sep 2021 - Jan 2022)

Previous Experience

Managing Member of Rocking Spade, LLC, Vice President of Sunrise Mortgage & Investment Company

Rivals

Competitors/colleagues of Steven Hollister

Holdings

See how much did Steven Hollister make over time.

As CEO of Calavo Growers Inc, Steven Hollister manages significant interests in the company. In 2022, he saw 1,500 shares of restricted stock vest, valued at approximately $62,535, which shows a modest share in the company's current performance. Earlier, in...

As CEO of Calavo Growers Inc, Steven Hollister manages significant interests in the company. In 2022, he saw 1,500 shares of restricted stock vest, valued at approximately $62,535, which shows a modest share in the company's current performance. Earlier, in 2021, he also vested 1,500 shares worth around $130,815. All of this suggests a stable yet cautious approach to growing his holdings reflecting the company's performance state. Hollister’s involvement with options remains strategic; he was granted 5,000 stock options in 2021 with an exercise price of $39.20 per share, emphasizing a long-term vision as they vest annually. Hollister's wealth in the company is closely tied to performance and reflects both the potential and risks of the food sector's dynamics. His current wealth from these holdings indicates a focus on aligning personal incentives with the firm's growth, and the overall fluctuation of his holdings mirrors the company's resilience and market challenges.

Loading...

Insider Trading

See recent insider trades of Steven Hollister.

No insider trades found for this CEO.

Compensation History

See how much did Steven Hollister make over time.

Steven Hollister's compensation as CEO of Calavo Growers Inc has seen significant fluctuations. In 2022, his total compensation was $150,000, derived solely from his salary, as no performance-based bonuses were awarded. This lack of a bonus reflects the company's focus on long-term stability amid challenges. The previous year, 2021, was quite different, with his total compensation reaching $323,882, which included vested stock options and shares due to the company's strategic incentives. In 2021, despite the lack of cash bonuses because of financial losses, Hollister received stock options that underline an intention to align his interests with shareholder value. His compensation structure demonstrates a focus on performance metrics tied to company health, reinforcing the idea that premium pay is contingent on company success rather than just a standard salary. The emphasis on performance-based pay aims to motivate leadership and ensure accountability during tough periods.

Year

2022

Total Compensation

$212.54K

Salary

$150.00K

Board Justification

The compensation philosophy emphasizes performance-based pay to align executive interests with shareholder value.

Bonus

$0.00

Board Justification

No performance-based cash bonus was awarded for fiscal year 2022.

Other

$0.00

Board Justification

No additional compensation reported for fiscal year 2022.

Restricted Stock

$62.54K(1.5K restricted stock)

Board Justification

1,500 shares of restricted stock vested in fiscal year 2022.

Performance Metrics

Performance metrics for bonuses are based on company-wide performance targets.

Other Calavo Growers CEOs

Here are other CEOs of Calavo Growers

James E. Gibson

Founder and Ex-CEO of Calavo Growers

February 2020 - September 2021

Brian Kocher

CEO of Calavo Growers

February 2022 - Present