Hubbell Incorporated announces CFO Bill Sperry's retirement, effective December 31, 2025, with Joseph Capozzoli appointed as successor.
Quiver AI Summary
Hubbell Incorporated announced the retirement of Chief Financial Officer Bill Sperry, effective December 31, 2025, after 17 years with the company, including 14 as CFO. Joseph Capozzoli, currently Vice President of Finance for the Electrical Solutions segment, will succeed Sperry as Senior Vice President and CFO starting January 1, 2026. Chairman and CEO Gerben Bakker praised Sperry for his leadership and impact on the company's growth, while expressing confidence in Capozzoli's experience and track record. Sperry will assist in the transition throughout 2025 and continue as Executive Vice President into 2026. Capozzoli joined Hubbell in 2013 and has held several key roles, bringing over 15 years of experience in leadership positions at major corporations.
Potential Positives
- Bill Sperry's retirement as CFO after 17 years of service reflects a notable leadership transition that showcases stability and continuity within the company.
- Joseph Capozzoli's appointment as the new CFO underscores Hubbell's strong internal talent development and continuity in financial leadership.
- The successful guidance under Bill Sperry, as noted by the CEO, reinforces the company’s history of exceptional growth and shareholder value, which could positively influence investor confidence.
Potential Negatives
- Change in CFO leadership may create uncertainty among investors and stakeholders regarding the company's future financial strategy and performance.
- Retirement of a long-tenured CFO could impact internal morale and stability, as employees adjust to new leadership.
- Potential challenges in achieving a smooth transition and maintaining the same level of financial performance during the leadership change.
FAQ
Who is retiring from Hubbell Incorporated?
Bill Sperry, the Chief Financial Officer, is retiring effective December 31, 2025, after 17 years with the company.
Who will succeed Bill Sperry as CFO?
Joseph Capozzoli, currently Vice President of Finance for the Electrical Solutions segment, will succeed him starting January 1, 2026.
What are Bill Sperry's contributions to Hubbell?
Bill Sperry has provided financial and strategic leadership that has significantly contributed to Hubbell's growth and success over 17 years.
What is Joseph Capozzoli's background at Hubbell?
Joseph Capozzoli joined Hubbell in 2013 and has held various leadership roles, including Vice President, Business Transformation and finance leader.
What are Hubbell's annual revenues?
Hubbell Incorporated reported revenues of $5.6 billion for the year 2024, highlighting its role in critical infrastructure solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HUBB Congressional Stock Trading
Members of Congress have traded $HUBB stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HUBB stock by members of Congress over the last 6 months:
- REPRESENTATIVE JEFFERSON SHREVE has traded it 2 times. They made 1 purchase worth up to $50,000 on 03/31 and 1 sale worth up to $50,000 on 05/12.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$HUBB Insider Trading Activity
$HUBB insiders have traded $HUBB stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $HUBB stock by insiders over the last 6 months:
- GERBEN BAKKER (Chairman, President & CEO) sold 7,723 shares for an estimated $2,970,497
- CARLOS M CARDOSO sold 400 shares for an estimated $154,516
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HUBB Hedge Fund Activity
We have seen 449 institutional investors add shares of $HUBB stock to their portfolio, and 440 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP added 749,806 shares (+565.9%) to their portfolio in Q2 2025, for an estimated $306,228,268
- MARSHALL WACE, LLP removed 613,883 shares (-92.7%) from their portfolio in Q2 2025, for an estimated $250,715,956
- BOSTON PARTNERS added 562,278 shares (+inf%) to their portfolio in Q2 2025, for an estimated $229,639,957
- PRICE T ROWE ASSOCIATES INC /MD/ added 411,070 shares (+35.2%) to their portfolio in Q2 2025, for an estimated $167,885,098
- NORGES BANK removed 404,622 shares (-86.8%) from their portfolio in Q2 2025, for an estimated $165,251,671
- VICTORY CAPITAL MANAGEMENT INC added 375,378 shares (+101.7%) to their portfolio in Q2 2025, for an estimated $153,308,128
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. removed 367,054 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $149,908,524
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$HUBB Analyst Ratings
Wall Street analysts have issued reports on $HUBB in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 09/02/2025
To track analyst ratings and price targets for $HUBB, check out Quiver Quantitative's $HUBB forecast page.
$HUBB Price Targets
Multiple analysts have issued price targets for $HUBB recently. We have seen 3 analysts offer price targets for $HUBB in the last 6 months, with a median target of $431.0.
Here are some recent targets:
- Joseph O'Dea from Wells Fargo set a target price of $490.0 on 09/02/2025
- Julian Mitchell from Barclays set a target price of $431.0 on 08/01/2025
- Stephen Tusa from JP Morgan set a target price of $417.0 on 05/16/2025
Full Release
Shelton, CT, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced that Bill Sperry will retire as Chief Financial Officer effective December 31, 2025 after 17 years of distinguished service to the company, including 14 years as CFO. Joseph Capozzoli, Vice President, Finance of the company’s Electrical Solutions segment, has been appointed to succeed Bill as Senior Vice President and Chief Financial Officer, effective January 1, 2026.
“Bill’s financial and strategic leadership have helped shape Hubbell into the company it is today,” said Gerben Bakker, Chairman, President and CEO. “Bill’s focus on performance, portfolio management, capital deployment, and creating value for our shareholders has guided Hubbell through a period of exceptional growth and success. Bill has been a key thought leader within Hubbell, and he is held in the highest regard by our employees, customers and key stakeholders. I have long valued our partnership and his commitment to Hubbell.”
Mr. Bakker continued, “I am also pleased to have Joe Capozzoli succeed Bill as CFO next year. Joe’s depth of experience, demonstrated leadership capabilities and track record of success in prior roles are a testament to Hubbell’s strong bench of talent. Most recently, Joe has been instrumental in driving strong financial performance and margin expansion in our Electrical Solutions segment, as well as playing a key leadership role in our journey to transform HES into a unified operating segment. I have worked closely with Joe over our tenures at Hubbell, and I look forward to him delivering further value to our key stakeholders in his new role as CFO.”
Mr. Sperry will work with Mr. Capozzoli throughout 2025 to provide transition support and Mr. Sperry will then continue as Executive Vice President of the company into 2026.
Mr. Capozzoli joined Hubbell in April, 2013 as Vice President, Controller and served in this role as the company’s Principal Accounting Officer until January, 2021. Mr. Capozzoli then was Hubbell’s Vice President, Business Transformation prior to becoming the Electrical Solutions segment finance leader in January, 2023. Prior to joining Hubbell, Mr. Capozzoli spent more than 15 years in leadership positions at major multi-national corporations. He holds an MBA in Finance from Villanova University and a Bachelor of Science degree in Business Administration from LaSalle University. Mr. Capozzoli is also a certified public accountant. Starting in 2026, he will report to Mr. Bakker.
About Hubbell
Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure safely, reliably and efficiently. With 2024 revenues of $5.6 billion, Hubbell solutions electrify economies and energize communities. The corporate headquarters is located in Shelton, CT.
Contact
Dan Innamorato
Hubbell Incorporated
40 Waterview Drive
PO Box 1000
Shelton, CT 06484
(475) 882-4000
