Hain Celestial Group DEF 14A: Executive Compensation Details
Ticker: HAIN · Form: DEF 14A · Filed: Sep 19, 2024 · CIK: 910406
Sentiment: neutral
Topics: executive-compensation, DEF-14A, equity-awards
TL;DR
Hain Celestial DEF 14A out: Exec comp details for FY24, Schiller & Davidson equity awards in focus.
AI Summary
The Hain Celestial Group, Inc. filed a DEF 14A on September 19, 2024, detailing executive compensation for the fiscal year ending June 30, 2024. The filing includes information on equity awards granted and vested for key executives such as Mark L. Schiller and Wendy P. Davidson, with specific dates and values related to their compensation packages.
Why It Matters
This filing provides transparency into how Hain Celestial compensates its top executives, which can influence investor perception and the company's ability to attract and retain talent.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing detailing executive compensation, which typically does not introduce new material risks.
Key Players & Entities
- HAIN CELESTIAL GROUP INC (company) — Filer
- Mark L. Schiller (person) — Executive
- Wendy P. Davidson (person) — Executive
- 20240919 (date) — Filing Date
- 20241031 (date) — Fiscal Year End
FAQ
What is the primary purpose of this DEF 14A filing for Hain Celestial Group?
The primary purpose is to provide detailed information regarding the compensation of the company's directors and top executives for the fiscal year ending June 30, 2024.
Who are the key executives mentioned in relation to equity awards?
Key executives mentioned in relation to equity awards include Mark L. Schiller and Wendy P. Davidson.
What fiscal year does the compensation information in this filing primarily cover?
The compensation information primarily covers the fiscal year ending June 30, 2024.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on September 19, 2024.
What is the company's principal business address?
The company's principal business address is 221 River Street, 12th Floor, Hoboken, NJ 07030.
Filing Stats: 4,400 words · 18 min read · ~15 pages · Grade level 15.5 · Accepted 2024-09-19 16:02:21
Key Financial Figures
- $1,736.3 million — al Highlights Include: Net Sales of $1,736.3 million Adjusted Gross Margin* of 22.4%
- $154.5 million — gin* of 22.4% Adjusted EBITDA* of $154.5 million Free Cash Flow* of $82.9 million
- $82.9 million — $154.5 million Free Cash Flow* of $82.9 million * Adjusted Gross Margin, Adjusted E
Filing Documents
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Executive Compensation
Executive Compensation 33 Appendix A – Non-GAAP Financial Measures A- 1 Compensation Discussion and Analysis 33 Non-GAAP Measures Under the 2024 AIP A- 1 Compensation and Talent Management Committee Adjusted Gross Margin A- 1 Report 45 Adjusted EBITDA A- 1
Executive Compensation Tables
Executive Compensation Tables 46 Free Cash Flow A- 2 Potential Payments upon Termination or Change in Control 50 Appendix B-1 – First Amendment to The Hain Celestial CEO Pay Ratio 54 Group, Inc. 2022 Long Term Incentive and Stock Award Plan B- 1 Pay Versus Performance 55 Appendix B-2 – The Hain Celestial Group, Inc. 2022 Long Term Incentive and Stock Award Plan B- 2 This proxy statement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. The words "believe," "expect," "anticipate," "may," "should," "plan," "intend," "potential," "vision," "will" and similar expressions are intended to identify such forward-looking statements. Forward-looking statements include, among other things, our beliefs or expectations relating to our future performance, results of operations and financial condition and our strategic plans. Forward-looking statements are based on current assumptions that are subject to risks and uncertainties that may cause actual results to differ materially from the forward-looking statements. The risks and uncertainties that may cause actual results to differ materially from forward-looking statements are described in our most recent Annual Report on Form 10-K and our other filings from time to time with the U.S. Securities and Exchange Commission (the " SEC "). We undertake no obligation to update forward-looking statements to reflect actual results or changes in assumptions or circumstances, except as required by applicable law. Proxy Statement Summary Proxy materials, including this proxy statement, are first being distributed and made available on or about September 19, 2024. This su