Kenneth A. Camp served as the President and CEO of Hillenbrand, Inc. from 2008 until 2013. He holds a Bachelor's degree in economics from Dartmouth College and an MBA from the Kellogg School of Management at Northwestern University. Camp was...

Kenneth A. Camp served as the President and CEO of Hillenbrand, Inc. from 2008 until 2013. He holds a Bachelor's degree in economics from Dartmouth College and an MBA from the Kellogg School of Management at Northwestern University. Camp was at the helm during a crucial time for the company, overseeing significant transitions and focusing on performance-based strategies to align executive compensation with long-term shareholder value. Notably, he had a unique compensation philosophy that emphasized achieving financial performance targets, which is indicative of his management style. In 2012, he received a $400,000 bonus in recognition of his leadership and commitment to continue serving beyond retirement age, illustrating the company's appreciation for his contributions. His retirement in 2013 marked the end of a transformative period for Hillenbrand, making room for new leadership while leaving a legacy of strategic focus and performance alignment. Overall, Camp's tenure was marked by efforts to drive growth and maintain shareholder value, crucial aspects of any corporate leadership role.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Hillenbrand CEOs

H

Kenneth A. Camp

Ex-CEO of Hillenbrand

Education

Bachelor's degree in economics from Dartmouth College; MBA from Kellogg School of Management at Northwestern University.

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1962 - 63 years ago

CEO of Hillenbrand for

4 years 0 months (Sep 2009 - Sep 2013)

Previous Experience

President of Batesville Casket Company; President of Process Equipment Group at Hillenbrand.

Rivals

Competitors/colleagues of Kenneth A. Camp

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David M. Foulkes

CEO of Brunswick

2023 Compensation

Stock

$0.00

Salary

$1.16M

Bonus

$0.00

Other

$389.62K

Total Holdings

$16.97M

D

Richard J. Tobin

CEO of Dover

2023 Compensation

Stock

$3.25M

Salary

$1.29M

Bonus

$2.00M

Other

$207.19K

Total Holdings

$69.71M

L

Christopher L. Mapes

CEO of Lincoln Electric Holdings

2023 Compensation

Stock

$2.59M

Salary

$1.11M

Bonus

$2.78M

Other

$320.35K

Total Holdings

$21.65M

I

Nicholas Fanandakis

CEO of ITT

2023 Compensation

Stock

$0.00

Salary

$1.09M

Bonus

$0.00

Other

$158.98K

Total Holdings

$1.45M

Holdings

See how much did Kenneth A. Camp make over time.

During his time at Hillenbrand, Kenneth A. Camp's stock holdings reflected the company's performance alignment strategy. His compensation included performance-based restricted stock units, which vested over time based on financial results. For instance, in 2010, he had vested stock awards...

During his time at Hillenbrand, Kenneth A. Camp's stock holdings reflected the company's performance alignment strategy. His compensation included performance-based restricted stock units, which vested over time based on financial results. For instance, in 2010, he had vested stock awards worth approximately $1.57 million, linked to the company's shareholder value increase. Although he had no new stock grants in 2012, his strategic focus was evident as he transitioned responsibilities to his successor, balancing a portfolio aimed at long-term growth. By the time he retired in 2013, he had nurtured his investments within Hillenbrand but also reflected on a career where fluctuations in stock performance became directly tied to the company's success metrics he had helped define.

Insider Trading

See recent insider trades of Kenneth A. Camp.

HI

$113.04K

HI at $18.84/share

Aug 11, 2011

Purchase

Compensation History

See how much did Kenneth A. Camp make over time.

In terms of compensation, Kenneth A. Camp's earnings over the years illustrate the company's focus on aligning pay with performance. In 2013, his total compensation amounted to about $3.4 million, significantly backed by a base salary of $758,710. Importantly, there was no cash bonus awarded that year, showing a strict adherence to performance metrics. His previous years of service showed a varying structure of salary and bonuses, such as a notable $400,000 bonus in 2012, highlighting the balance between performance incentives and long-term company success. Camp's commitment to a performance-based compensation structure, alongside his years of navigating corporate finance, highlights a leadership style that sought to ensure alignment between executive interests and shareholder expectations.

Year

2013

Total Compensation

$1.10M

Salary

$758.71K

Board Justification

The compensation philosophy emphasizes performance-based compensation aligned with long-term shareholder value creation, ensuring competitive compensation to attract and retain talent.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal year 2013; however, a transition performance incentive bonus of up to $225,000 was available for services rendered after retirement.

Other

$338.13K

Board Justification

Change in actuarial present value of accumulated pension benefits, reflecting the supplemental benefits earned under the agreement dated March 15, 2006.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock options were awarded for fiscal year 2013; only performance-based restricted stock units were granted, which are not included in vested stock calculations as they are performance-based and vest over a three-year period.

Performance Metrics

Performance metrics include financial performance targets such as Net Revenue, Core IBT, and Core Cash Flow, with specific thresholds established for payout.

Other Hillenbrand CEOs

Here are other CEOs of Hillenbrand

Joe A. Raver

Ex-CEO of Hillenbrand

September 2013 - December 2021