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Tech — Hardware

Hubbell Executive Compensation (FY25)

HUBB · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Gerben Bakker
Latest say-on-pay support
=
May 5, 2026
Chief executive pay ratio
◇
To the median employee
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The paid brief on Hubbell

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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15 filings cited on this page
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429 figures on this page: 419 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

More on Hubbell

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Gerben Bakker: $9,321,451 → $10,346,752 (11.0% higher)
Say-on-pay support: 89.7% → 89.0% (0.7 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Hubbell's chief executive and what were they paid?
Gerben Bakker was paid $10,346,752 in total compensation as Chairman, President and Chief Executive Officer for fiscal 2025. Bakker's total moved 11.0% higher from the $9,321,451 reported for fiscal 2024.
What was Hubbell's say-on-pay result?
Shareholders supported the say-on-pay proposal with 89.0% of votes cast for or against in favor at the meeting held May 5, 2026 for fiscal 2025.
Which companies are in Hubbell's peer group?
The disclosed peer group names Acuity Brands, Inc., AMETEK, Inc., Carlisle Companies Incorporated, Donaldson Company, Inc. and Dover Corporation, among others.
What is Hubbell's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 161:1, against median employee compensation of $64,210.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gerben Bakker
Chairman, President and Chief Executive Officer
◇—◇◇◇—◇◇
William Sperry
Executive Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Allan Connolly
President, Utility Solutions Segment
◇—◇◇◇—◇◇
Peter Lau
Former President, Electrical Solutions Segment
Departed during or after this year
◇—◇◇——◇◇
Katherine Lane
Senior Vice President, General Counsel and Secretary
◇◇◇◇◇—◇◇
Alyssa Flynn
Chief Human Resources Officer
◇◇◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gerben Bakker
Chairman, President and Chief Executive Officer
◇—◇◇◇◇◇◇
William Sperry
Executive Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Allan Connolly
Former President, Utility Solutions Segment
Departed during or after this year
◇—————◇◇
Mark Mikes
President, Electrical Solutions Segment
◇—◇◇◇◇◇◇
Katherine Lane
Senior Vice President, General Counsel and Secretary
◇—◇◇◇—◇◇
Gregory Gumbs
President, Utility Solutions Segment
◇◇◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gerben Bakker
Chairman, President and Chief Executive Officer
◇—◇◇◇◇◇◇
William Sperry
Executive Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Mark Mikes
President, Electrical Solutions Segment
◇—◇◇◇◇◇◇
Katherine Lane
Senior Vice President, General Counsel and Secretary
◇—◇◇◇—◇◇
Gregory Gumbs
President, Utility Solutions Segment
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gerben Bakker
Chairman, President and Chief Executive Officer
◇—◇◇◇◇◇◇
William Sperry
Executive Vice President, Former Chief Financial Officer
◇—◇◇◇—◇◇
Mark Mikes
President, Electrical Solutions Segment
◇—◇◇◇◇◇◇
Gregory Gumbs
President, Utility Solutions Segment
◇—◇◇◇—◇◇
Katherine Lane
Executive Vice President, General Counsel and Secretary
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Gerben BakkerRSU◇——◇——◇
Gerben BakkerPSU◇◇◇—◇—◇
Gerben BakkerPSU◇◇◇—◇—◇
Gerben BakkerPSU◇◇◇—◇—◇
Gerben BakkerSAR◇——◇—◇◇
Gregory GumbsRSU◇——◇——◇
Gregory GumbsPSU◇◇◇—◇—◇
Gregory GumbsPSU◇◇◇—◇—◇
Gregory GumbsPSU◇◇◇—◇—◇
Gregory GumbsSAR◇——◇—◇◇
Katherine LaneRSU◇——◇——◇
Katherine LanePSU◇◇◇—◇—◇
Katherine LanePSU◇◇◇—◇—◇
Katherine LanePSU◇◇◇—◇—◇
Katherine LaneSAR◇——◇—◇◇
Mark MikesRSU◇——◇——◇
Mark MikesPSU◇◇◇—◇—◇
Mark MikesPSU◇◇◇—◇—◇
Mark MikesPSU◇◇◇—◇—◇
Mark MikesSAR◇——◇—◇◇
William SperryRSU◇——◇——◇
William SperryPSU◇◇◇—◇—◇
William SperryPSU◇◇◇—◇—◇
William SperryPSU◇◇◇—◇—◇
William SperrySAR◇——◇—◇◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Gerben BakkerOption◇—◇2/18/35
PSU◇◇——
Option◇—◇2/6/34
PSU◇◇——
PSU◇◇——
Option◇—◇2/7/33
RSU◇◇——
RSU◇◇——
RSU◇◇——
William SperryOption◇—◇2/18/35
PSU◇◇——
Option◇—◇2/6/34
PSU◇◇——
Option◇—◇2/7/33
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Mark MikesOption◇—◇2/6/34
Option◇—◇2/18/35
PSU◇◇——
PSU◇◇——
Option◇—◇2/7/33
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇7/6/33
RSU◇◇——
Katherine LaneOption◇—◇2/18/35
Option◇—◇2/6/34
PSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇2/7/33
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Gerben Bakker
Chairman, President and Chief Executive Officer
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Gregory Gumbs
President, Utility Solutions Segment · Change-in-control agreement
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Katherine Lane
Executive Vice President, General Counsel and Secretary · Change-in-control agreement
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Mark Mikes
President, Electrical Solutions Segment · Change-in-control agreement
Change-in-control multiple◇
William Sperry
Executive Vice President, Former Chief Financial Officer · Change-in-control agreement
Severance base◇
Severance cash amount◇
Change-in-control multiple◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Anthony J. Guzzi
Lead independent director
◇◇———◇◇
Neal J. Keating
◇◇———◇◇
Carlos M. Cardoso
◇◇———◇◇
Jennifer M. Pollino
◇◇———◇◇
Debra L. Dial
◇◇———◇◇
Rhett A. Hernandez
◇◇———◇◇
Bonnie C. Lind
◇◇———◇◇
John F. Malloy
◇◇————◇
Garrick J. Rochow
◇◇————◇
Edward H. Baine
◇◇————◇
Gerben W. Bakker served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Restricted Stock.
Stock ownership guideline: 5x base annual cash retainer ($500,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Acuity Brands, Inc. AYI
  • AMETEK, Inc. AME
  • Carlisle Companies Incorporated CSL
  • Donaldson Company, Inc. DCI
  • Dover Corporation DOV
  • Emerson Electric Co. EMR
  • EnerSys ENS
  • Fortive Corporation FTV
  • Fortune Brands Innovations, Inc. FBIN
  • IDEX Corporation IEX
  • Illinois Tool Works Inc. ITW
  • Ingersoll Rand Inc. IR
  • ITT Inc. ITT
  • Lennox International Inc. LII
  • Lincoln Electric Holdings, Inc. LECO
  • Regal Rexnord Corporation RRX
  • Rockwell Automation, Inc. ROK
  • Sensata Technologies Holding plc ST
  • Snap-on Incorporated SNA
  • Vertiv Holdings Co. VRT
  • Xylem, Inc. XYL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 5, 2026=◇◇◇
2024May 6, 2025=◇◇◇
2023May 7, 2024=◇◇◇
2022May 2, 2023=◇◇◇
2021May 3, 2022=◇◇◇
2020May 4, 2021=◇◇◇
2019May 5, 2020=◇◇◇
2018May 7, 2019=◇◇◇
2017May 1, 2018=◇◇◇
2016May 2, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Gerben Bakker (Chairman, President and Chief Executive Officer), FY2025 total compensation $10,346,752 (base salary $1,146,923) [exec_comp, SEC accession 0001308179-26-000121, filed 2026-03-23]

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What this page does not include

Everything above is a fact Hubbell disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Hubbell sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
429 figures on this page: 419 cited to the filing that reported them, 10 calculated from figures it prints.
419 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001193125-26-209139
  2. 0001308179-26-000121
    CEO Pay Ratio · DIRECTOR COMPENSATION · Outstanding Equity Awards at Fiscal Year End · Summary Compensation Table
  3. 0001193125-25-114934
  4. 0001308179-25-000207
    Summary Compensation Table
  5. 0001193125-24-135315
  6. 0001308179-24-000281
    Summary Compensation Table (“SCT”)
  7. 0001193125-23-135985
  8. 0001308179-23-000266
    Summary Compensation Table
  9. 0001193125-22-142526
  10. 0001193125-21-155018
  11. 0001193125-20-134885
  12. 0001193125-19-143084
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-18-150877
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001628280-17-005052
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Hubbell executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/HUBB (accessed 2026).
Short form: data: Velarion

The paid brief for Hubbell

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Hardware rankings

Peers Hubbell discloses

The companies named in HUBB's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}