Maria Bofill
About Maria A. Bofill
Maria A. Bofill (age 67) is an independent director of The Hackett Group, Inc. (HCKT) serving since 2021 with a current board term expiring in 2027. She is a seasoned finance and operations executive across multinational companies and professional services; the Board has designated her an “audit committee financial expert” under SEC rules, underscoring depth in accounting and audit oversight. She is retired; her most recent role was Director of Business Development at TTG Talent Solutions (Feb 2020–Mar 2023). Her background includes CFO and senior finance leadership roles at Fyffes North America, Fresh Quest, Octavian, and Fresh Del Monte Produce, providing global and operational expertise relevant to Hackett’s audit and governance needs .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| TTG Talent Solutions | Director of Business Development | Feb 2020 – Mar 2023 | Led business development; DEI engagement; talent acquisition insights supporting sourcing in competitive markets |
| Fyffes North America, Inc. | Chief Financial Officer | Jun 2016 – Sep 2019 | Multinational operations; finance and accounting leadership |
| Fresh Quest, Inc. | Director of Finance & Administration; Treasurer | May 2008 – Jun 2016 | Financial management; administration oversight |
| Octavian, Inc. | Managing Principal | Oct 2005 – May 2008 | Operations and finance leadership |
| Fresh Del Monte Produce (North America) | Vice President of Finance & Administration | Jan 1988 – Oct 2005 | Long-tenured finance and administration leadership in multinational context |
External Roles
- Other public company directorships: none disclosed in the proxy statement .
- Private/non-profit/academic boards: not disclosed in the proxy statement .
Board Governance
- Independence: The Board has seven members; five, including Maria A. Bofill, are independent under Nasdaq listing standards. All standing committees are composed entirely of independent directors .
- Committees and Chair roles:
- Audit Committee: Member; Chair—Richard N. Hamlin. Board determined Bofill is an “audit committee financial expert” .
- Compensation Committee: Member; Chair—John R. Harris .
- Nominating & Corporate Governance Committee: Member; Chair—Alan T.G. Wix .
- Attendance and engagement:
- FY2024: Board met 6 times; Audit 5; Compensation 6; Nominating & Corporate Governance 5. No director attended fewer than 75% of meetings of the Board and committees on which they served; independent directors meet in executive session regularly .
- Lead Independent Director: The Board has not appointed a lead independent director; governance rationale provided given committee independence and composition .
- Risk oversight: Audit Committee oversight includes financial reporting integrity, internal controls, auditor independence, ethical compliance, cybersecurity, and related-party transactions .
Fixed Compensation
| Component | FY 2024 Amount | Notes |
|---|---|---|
| Annual Cash Retainer | $40,000 | Paid quarterly; travel expenses reimbursed |
| Committee Membership/Chair Fees | Not disclosed | Proxy outlines standard retainer and equity; no incremental fee detail disclosed |
| Meeting Fees | Not disclosed | Not specified in proxy |
Director Compensation Table (FY 2024):
| Name | Fees Earned or Paid in Cash ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| Maria A. Bofill | $40,000 | $72,000 | $112,000 |
Performance Compensation
| Equity Type | Grant Value | Grant Date | Shares/Units | Vesting | Notes |
|---|---|---|---|---|---|
| Annual RSUs (Outside Director Program) | $72,000 (FY 2024) | 2024 (date per program) | Not disclosed | 100% on 1-year anniversary; also vest upon involuntary termination, incl. change of control | Deferral election permitted (3 or 5 years or until death/disability/termination) |
| Annual RSUs (Outside Director Program) | $108,000 (FY 2025) | Feb 14, 2025 | 2,294 (one-year tranche) | 100% on 1-year anniversary | Granted per 2025 changes to outside director program |
| Annual RSUs (Outside Director Program) | Part of $108,000 (FY 2025) | Feb 14, 2025 | 1,147 (three-year tranche) | Vests one-third annually over 3 years starting first anniversary | 33% of award moved to 3-year pro rata vesting |
Performance metrics: Director equity awards are time-based RSUs; no director-specific performance metrics disclosed (e.g., TSR or EBITDA targets) for non-employee directors .
Other Directorships & Interlocks
| Company | Role | Committee Positions | Status |
|---|---|---|---|
| Not disclosed | — | — | No other public company boards disclosed for Maria A. Bofill |
Expertise & Qualifications
- Financial and accounting expertise; designated “audit committee financial expert” .
- Multinational operational experience; finance and administration leadership across Fresh Del Monte, Fresh Quest, Fyffes NA .
- Professional services and talent acquisition industry experience; DEI and retention initiatives .
Equity Ownership
| Holder | Shares Beneficially Owned (#) | % of Class | Vested vs. Unvested | Notes |
|---|---|---|---|---|
| Maria A. Bofill | 3,282 | <1% (“*”) | Excludes 3,441 unvested RSUs that would vest upon termination of service | Hedging prohibited; pledging requires Audit Committee approval |
| Unvested RSUs at FY 2024 Year-End | 3,077 | — | Unvested | Does not include Feb 14, 2025 grants |
| RSUs Granted Feb 14, 2025 (1-year) | 2,294 | — | Unvested | Vest 100% on first anniversary |
| RSUs Granted Feb 14, 2025 (3-year) | 1,147 | — | Unvested | Vest one-third annually over 3 years |
Related-Person Transactions (Share Repurchases):
- Feb 23, 2024: Company repurchased 4,744 shares from Maria Bofill at $24.34 per share under outside director repurchase program approved by Audit Committee .
- Feb 19, 2025: Company repurchased 3,282 shares from Maria Bofill at $30.78 per share under outside director repurchase program; conducted as part of existing share repurchase program .
Hedging & Pledging:
- Directors are prohibited from hedging Company securities; pledging by directors/officers is prohibited without prior written Audit Committee approval .
Stock Ownership Guidelines:
- CEO-only guidelines disclosed (6x base salary); no director ownership guidelines disclosed in proxy .
Governance Assessment
-
Strengths:
- Independence across committees; Bofill is an independent director and Audit Committee financial expert, enhancing oversight quality .
- Solid attendance: no director below 75%; regular executive sessions of independent directors .
- Clear committee charters and risk oversight delineation, including cybersecurity oversight under Audit .
- Transparent director pay program; increased 2025 equity with balanced vesting (67% 1-year, 33% 3-year) supports retention and alignment .
-
Potential Concerns / Monitoring Items:
- Related-person share repurchases for outside directors, including Bofill; program is Audit Committee-approved but merits monitoring for optics and alignment with long-term ownership .
- No lead independent director; Board rationale provided, but some investors prefer a lead independent role, particularly with combined Chair/CEO .
- Director stock ownership guidelines not disclosed; while RSU grants exist, explicit director ownership policy could further strengthen alignment .
-
Signals affecting investor confidence:
- Audit Committee designation of Bofill as financial expert supports credibility in financial oversight and internal controls .
- Time-based RSU structure for directors indicates alignment via equity, though absent explicit performance metrics for directors; 2025 shift to partial three-year vesting enhances long-term orientation .
- Clear hedging/pledging restrictions mitigate alignment risks; any pledging would require Audit Committee approval, reducing potential red flags .