Alexander Hutter
About Alexander Hutter
Alexander G. Hutter, age 40, was appointed Senior Vice President, Strategy and Investor Relations at Silgan Holdings (SLGN) effective November 6, 2025, after serving as Vice President, Investor Relations since January 2023 and earlier roles in Corporate Development and FP&A since joining Silgan in 2018 . Prior to Silgan, he was a Vice President in Equity Research at Jefferies (2013–2018), covering Paper & Packaging and Building Products, with earlier equity research roles at Gleacher & Company and Wolfe Research . Company performance context: 2024 Adjusted EBITDA was $881.5M (101.2% of 2023’s $870.7M), and net sales were approximately $5.9B in 2024, with strong say‑on‑pay support (~98%) for 2023 NEO compensation—indicating a stable pay-for-performance posture .
| Performance Context (USD) | FY 2023 | FY 2024 |
|---|---|---|
| Adjusted EBITDA | $870.7M | $881.5M |
| Net Sales (approx.) | — | ~$5.9B |
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Silgan Holdings | SVP, Strategy & Investor Relations | Nov 2025–present | Expanded remit to lead Strategy and IR; also leads Strategy and Corporate Development teams within the Executive Office . |
| Silgan Holdings | VP, Investor Relations | Jan 2023–Nov 2025 | IR leadership during capital allocation actions (e.g., $500M repurchase authorization) and acquisition communication cadence . |
| Silgan Holdings | Director, IR & Corporate Development | Apr 2022–Jan 2023 | Combined investor messaging with M&A pipeline support . |
| Silgan Holdings | Director, Corporate Development | Aug 2021–Apr 2022 | Corporate development responsibilities supporting growth agenda . |
| Silgan Holdings | Director, Financial Planning & Analysis | Feb 2018–Jul 2021 | FP&A leadership aligning operating targets and long‑term plans . |
| Jefferies LLC | Vice President, Equity Research | Jun 2013–Jan 2018 | Covered Paper & Packaging and Building Products; sector expertise foundational to SLGN role . |
| Gleacher & Company; Wolfe Research | Equity Research roles | Pre‑2013 | Covered software, clean tech, autos, machinery; diversified analytical background . |
External Roles
No public company directorships or external board roles were disclosed for Mr. Hutter in reviewed filings .
Fixed Compensation
Not disclosed for Mr. Hutter (he was not a Named Executive Officer in the 2025 proxy’s 2024 compensation tables) . Company guidelines apply to executives generally:
- Stock ownership guidelines: CEO 6x salary; other Named Executive Officers 3x; other executive officers 1x salary (5-year transition window) .
- Trading policy: directors/officers must trade only in approved windows and are prohibited from trading while in possession of MNPI .
- Anti‑hedging and anti‑pledging: directors/officers are prohibited from hedging and from pledging or margining company stock .
- Clawback: NYSE-compliant executive incentive compensation clawback for three fiscal years preceding a restatement (beginning on/after Oct 2, 2023) .
Performance Compensation
Mr. Hutter’s specific annual incentive plan details were not disclosed. For context on SLGN’s executive pay-for-performance framework (illustrative, not specific to Mr. Hutter):
- CEO and certain top executives: annual cash bonus formulas tied to company Adjusted EBITDA versus prior year (e.g., 2024 payout at 100% of target as 2024 Adj. EBITDA was 101.2% of 2023) .
- Corporate office executives program example (CFO in 2024): 75% financial (Adjusted EBIT vs budget with sliding scale) and 25% non-financial strategic goals; actual payout 51.19% of salary in 2024 for CFO (financial: 37.5% at target; non‑financial: 13.69%) .
| Metric (Illustrative Company Framework) | Weighting | Target | Actual (2024 example) | Payout Mechanic |
|---|---|---|---|---|
| Adjusted EBITDA (CEO/top execs) | 100% | Prior-year Adj. EBITDA | 101.2% of 2023 | 100% of target bonus paid . |
| Adjusted EBIT vs Budget (Corp Office) | 75% | 96–104% of budgeted | 96.1% | Target payout for financial component . |
| Non-financial goals (Corp Office) | 25% | 100% | 109.5% | Over-target factor applied to non‑financial component . |
Equity vehicles: SLGN grants restricted stock units (RSUs) and performance awards of RSUs; options are not outstanding under equity plans (companywide) .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Total beneficial ownership | 18,511 shares, including 17,400 RSUs not yet vested (Form 3, 11/10/2025) . |
| Direct/vested shares (implied) | ~1,111 shares (=18,511 – 17,400), per Form 3 composition . |
| Ownership as % of SO | ~0.017% (=18,511 / 106,993,180 shares outstanding as of Apr 4, 2025) . |
| Options | None reported on Form 3 Table II; company reports no options outstanding plan-wide . |
| Pledging/Hedging | Prohibited for directors and officers (anti‑hedging/pledging policy) . |
| Ownership guidelines | Other executive officers: 1x base salary; 5‑year compliance window . |
| Clawback applicability | Executive incentive compensation subject to recovery post‑restatement (NYSE rule) . |
RSU Vesting Schedule (as disclosed)
| Vesting Date | RSUs |
|---|---|
| March 1, 2026 | 4,100 |
| March 1, 2027 | 4,100 |
| March 1, 2028 | 3,900 |
| Subsequent tranches | Additional RSUs scheduled after 2028; Form 3 notes remaining tranches but the excerpt is truncated in available text . |
Note: Company equity plan pays dividend equivalents on RSUs upon vesting (aligns holders with shareholders during vest periods) .
Employment Terms
| Term | Detail |
|---|---|
| Appointment/Role | Elected SVP, Strategy & Investor Relations effective Nov 6, 2025 . |
| Company Tenure | Joined Silgan in Feb 2018 (progressed through FP&A and Corporate Development into IR/Strategy) . |
| Trading/Windows | Must adhere to company insider trading windows and pre‑clearance; no trading while in possession of MNPI . |
| Anti‑Hedging / Anti‑Pledging | Hedging, margin, pledging prohibited for officers . |
| Clawback | Incentive comp subject to recovery under restatement policy . |
Investment Implications
- Multi‑year RSU vesting cadence suggests potential periodic selling around March vest dates from 2026 onward; however, company’s anti‑hedging/pledging policy and trading‑window controls mitigate risk of problematic trading patterns .
- Ownership size is modest relative to shares outstanding (~0.017%), but a high proportion of unvested equity ties compensation to long‑term value creation; look for future Form 4s to track net share retention post‑vesting (sell‑to‑cover vs discretionary sales) .
- Compensation governance appears shareholder‑friendly (98% say‑on‑pay support; NYSE‑compliant clawback; no options outstanding; RSU‑only approach), limiting misalignment risk in the IR/Strategy function Mr. Hutter leads .
- Corporate backdrop supportive of share demand: $500M repurchase authorization through 2029 provides potential absorption of executive‑related selling pressure around vesting windows .
Monitoring plan: Track Forms 4 for Hutter’s transactions beginning March 2026, disclosure of any new equity grants tied to expanded Strategy remit, and any updates to stock ownership levels or guideline compliance in future proxies .