Hillman Solutions Announces CEO Transition and Executive Pay Changes
Company Announcements

Hillman Solutions Announces CEO Transition and Executive Pay Changes

Hillman Solutions (HLMN) has provided an update.

Hillman Solutions Corp. is set to welcome Jon Michael Adinolfi as its new CEO and President starting January 1, 2025, succeeding Douglas J. Cahill who will transition to Executive Chairman while retaining his role as Chair of the Board. Adinolfi brings extensive experience from his time at Hillman and previous roles at Stanley Black & Decker. Both leaders have had their compensation packages revised, with Adinolfi’s base salary set at $700,000 and Cahill’s at $800,000, alongside significant target bonuses and equity awards. Moreover, adjustments have been made to their severance benefits, varying based on the circumstances of any potential terminations.

For a thorough assessment of HLMN stock, go to TipRanks’ Stock Analysis page.

Related Articles
Howard KimHLMN Upcoming Earnings Report: What to Expect?
TheFlyHillman Solutions price target raised to $13 from $12 at Canaccord
TheFlyHillman Solutions acquires Intex DIY
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App