Hubbell Incorporated

BMV:HUBB * Stock Report

Market Cap: Mex$370.1b

Hubbell Management

Management criteria checks 3/4

Hubbell's CEO is Gerben Bakker, appointed in Jun 2019, has a tenure of 4.92 years. total yearly compensation is $9.67M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth MX$457.82M. The average tenure of the management team and the board of directors is 3.5 years and 5.3 years respectively.

Key information

Gerben Bakker

Chief executive officer

US$9.7m

Total compensation

CEO salary percentage11.3%
CEO tenure4.9yrs
CEO ownership0.1%
Management average tenure3.5yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gerben Bakker's remuneration changed compared to Hubbell's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$724m

Dec 31 2023US$10mUS$1m

US$758m

Sep 30 2023n/an/a

US$710m

Jun 30 2023n/an/a

US$660m

Mar 31 2023n/an/a

US$589m

Dec 31 2022US$8mUS$1m

US$510m

Sep 30 2022n/an/a

US$487m

Jun 30 2022n/an/a

US$440m

Mar 31 2022n/an/a

US$393m

Dec 31 2021US$6mUS$973k

US$364m

Sep 30 2021n/an/a

US$324m

Jun 30 2021n/an/a

US$328m

Mar 31 2021n/an/a

US$327m

Dec 31 2020US$7mUS$768k

US$329m

Sep 30 2020n/an/a

US$371m

Jun 30 2020n/an/a

US$394m

Mar 31 2020n/an/a

US$402m

Dec 31 2019US$3mUS$602k

US$360m

Sep 30 2019n/an/a

US$386m

Jun 30 2019n/an/a

US$368m

Mar 31 2019n/an/a

US$373m

Dec 31 2018US$2mUS$500k

US$359m

Sep 30 2018n/an/a

US$292m

Jun 30 2018n/an/a

US$259m

Mar 31 2018n/an/a

US$238m

Dec 31 2017US$2mUS$470k

US$242m

Compensation vs Market: Gerben's total compensation ($USD9.67M) is above average for companies of similar size in the MX market ($USD6.03M).

Compensation vs Earnings: Gerben's compensation has been consistent with company performance over the past year.

CEO

Gerben Bakker (58 yo)

4.9yrs

Tenure

US$9,666,284

Compensation

Mr. Gerben W. Bakker serves as President at Hubbell Incorporated since June 6, 2019 and has been its Chief Executive Officer and Director since October 1, 2020 and has been its Chairman since May 4, 2021....

Leadership Team

NamePositionTenureCompensationOwnership
Gerben Bakker
President4.9yrsUS$9.67m0.12%
MX$ 457.8m
William Sperry
Executive VP & CFO11.9yrsUS$4.01m0.082%
MX$ 303.9m
Katherine Lane
Senior VP5.2yrsUS$2.31m0.023%
MX$ 84.4m
Mark Mikes
President of Hubbell Electrical Solutions Segmentless than a yearUS$2.44m0.0055%
MX$ 20.4m
Gregory Gumbs
President of Hubbell Utility Solutions Segmentless than a yearUS$2.09m0.0038%
MX$ 14.1m
Akshay Mittal
Global Operations Presidentno datano datano data
Jonathan Del Nero
VP, Controller & Principal Accounting Officer3.3yrsno data0.0080%
MX$ 29.8m
Alexis Bernard
Chief Technology Officerno datano datano data
Drew Marquardt
Chief Information Officerno datano datano data
Daniel Innamorato
Director of Investor Relationsno datano datano data
Alyssa Flynn
Chief Human Resources Officer2.3yrsUS$1.15m0.0079%
MX$ 29.1m
Rodd Ruland
Executive Vice President of Transition & Integration3.8yrsUS$1.74mno data

3.5yrs

Average Tenure

53yo

Average Age

Experienced Management: HUBB *'s management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gerben Bakker
President3.6yrsUS$9.67m0.12%
MX$ 457.8m
Neal Keating
Independent Director13.7yrsUS$254.90k0.016%
MX$ 59.1m
Carlos Cardoso
Independent Director11.3yrsUS$266.90k0.0040%
MX$ 14.6m
John Malloy
Independent Director12.9yrsUS$257.90k0.035%
MX$ 128.4m
Anthony Guzzi
Lead Independent Director17.4yrsUS$304.90k0.012%
MX$ 44.7m
Jennifer Pollino
Independent Director3.8yrsUS$282.90k0.0045%
MX$ 16.7m
Bonnie Cruickshank-Lind
Independent Director5.3yrsUS$259.90k0.0011%
MX$ 4.1m
Rhett Hernandez
Independent Director3.2yrsUS$274.90k0.0045%
MX$ 16.7m
Debra Dial
Independent Directorless than a yearUS$197.31k0.0011%
MX$ 4.1m

5.3yrs

Average Tenure

65yo

Average Age

Experienced Board: HUBB *'s board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/27 17:58
End of Day Share Price 2024/02/28 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hubbell Incorporated is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert CornellBarclays
Julian MitchellBarclays
Joshua PokrzywinskiBuckingham Research Group Inc.