Company: HCKT
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0000950170-25-043233
Chunk: 52

Company: HACKETT GROUP, INC.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 52
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 $ |                         135 |     |     |                                 46 | % |     | $ |                                     90 |     |     |                                  2 | % |
| 2020 |      | $ |                          93 |     |     |                                 -8 | % |     | $ |                                     89 |     |     |                                -11 | % |

During 2020, in light of the impact of the COVID-19 pandemic, the Company's Compensation Committee reviewed the previously established performance targets to determine whether appropriately aligned the Company incentive compensation, including that of its named executive officers with the Company’s COVID-impacted forecast and objectives. The Company’s TSR, net income and adjusted diluted earnings per share fell 8%, 76% and 31%, respectively. The 2020 net income amount included a restructuring charge related to the impacts of COVID-19 which was excluded from adjusted diluted earnings per share. The TSR for the Company's peer group fell 11% in 2020. The Compensation Actually Paid to the Company's CEO fell 20%. The Compensation Actually Paid utilizing an average of the Company's COO and CFO increased 3%.

For 2021, as the impacts of the COVID-19 pandemic were still being experienced, but as business began to improve, the Company’s TSR, net income and adjusted diluted earnings per share increased 46%, 659% and 90%, respectively. The TSR for the Company's peer group increased 2%. The Compensation Actually Paid to the Company's CEO increased 164%. The Compensation Actually Paid utilizing an average of its COO and CFO increased 103%.

For 2022, the Company’s TSR increased 1%, net income decreased 2% and adjusted diluted earnings per share increased 16%. The TSR for the Company's peer group increased 16%. The Compensation Actually Paid to the Company's CEO increased 40%. The Compensation Actually Paid utilizing an average of its COO and CFO increased 32%.

For 2023, the Company’s TSR increased 14%, net income decreased 16% and adjusted diluted earnings per share increased 2% respectively. The TSR for the Company's peer group increased 32%. The Compensation Actually Paid to the Company's CEO decreased 23%. The Compensation Actually Paid utilizing an average of its COO and CFO decreased 23%.

For 2024, the Company’s TSR increased 38%, net income decreased 13% and adjusted diluted earnings per share increased 8% respectively. The TSR for the Company's peer