Universal Corporation

NYSE:UVV Stock Report

Market Cap: US$1.3b

Universal Management

Management criteria checks 4/4

Universal's CEO is Preston Wigner, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is $1.55M, comprised of 30.6% salary and 69.4% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $1.78M. The average tenure of the management team and the board of directors is 5.4 years and 9.8 years respectively.

Key information

Preston Wigner

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage30.6%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure5.4yrs
Board average tenure9.8yrs

Recent management updates

Increases to CEO Compensation Might Be Put On Hold For Now at Universal Corporation (NYSE:UVV)

Jul 31
Increases to CEO Compensation Might Be Put On Hold For Now at Universal Corporation (NYSE:UVV)

Recent updates

Universal Corporation's (NYSE:UVV) Low P/E No Reason For Excitement

Sep 09
Universal Corporation's (NYSE:UVV) Low P/E No Reason For Excitement

Universal Corporation: Still Not Convinced Despite Good 2024 Results

Aug 07

Increases to CEO Compensation Might Be Put On Hold For Now at Universal Corporation (NYSE:UVV)

Jul 31
Increases to CEO Compensation Might Be Put On Hold For Now at Universal Corporation (NYSE:UVV)

Universal (NYSE:UVV) Is Increasing Its Dividend To $0.81

Jun 19
Universal (NYSE:UVV) Is Increasing Its Dividend To $0.81

Universal Corporation: Tactical, Liquid Diversifier For The Equity Bucket

May 23

Universal Corporation's (NYSE:UVV) Shares Not Telling The Full Story

May 05
Universal Corporation's (NYSE:UVV) Shares Not Telling The Full Story

Do Universal's (NYSE:UVV) Earnings Warrant Your Attention?

Mar 09
Do Universal's (NYSE:UVV) Earnings Warrant Your Attention?

Universal Corporation: Tobacco Leader Offers Compelling 6.4% Dividend Yield

Feb 21

Investors Aren't Entirely Convinced By Universal Corporation's (NYSE:UVV) Earnings

Dec 18
Investors Aren't Entirely Convinced By Universal Corporation's (NYSE:UVV) Earnings

Universal Corporation: Stable Business But Growth Is Stagnating

Nov 28

Universal Corporation: Fairly Valued With A Stable Demand

Sep 16

Is Now The Time To Put Universal (NYSE:UVV) On Your Watchlist?

Sep 06
Is Now The Time To Put Universal (NYSE:UVV) On Your Watchlist?

Estimating The Intrinsic Value Of Universal Corporation (NYSE:UVV)

Aug 01
Estimating The Intrinsic Value Of Universal Corporation (NYSE:UVV)

Universal Corporation: The Risks Of This High Yielder Are Likely Overrated

Jul 11

Universal (NYSE:UVV) Will Pay A Larger Dividend Than Last Year At $0.80

Jun 25
Universal (NYSE:UVV) Will Pay A Larger Dividend Than Last Year At $0.80

Still Avoiding Universal Corporation

Feb 22

Universal Non-GAAP EPS of $1.67, revenue of $795M

Feb 08

A Look At The Fair Value Of Universal Corporation (NYSE:UVV)

Feb 02
A Look At The Fair Value Of Universal Corporation (NYSE:UVV)

Universal declares $0.79 dividend

Feb 01

Universal (NYSE:UVV) Has A Somewhat Strained Balance Sheet

Jan 16
Universal (NYSE:UVV) Has A Somewhat Strained Balance Sheet

Universal Corporation: Steady As She Goes

Dec 15

Universal declares $0.79 dividend

Nov 03

Calculating The Fair Value Of Universal Corporation (NYSE:UVV)

Nov 02
Calculating The Fair Value Of Universal Corporation (NYSE:UVV)

Does Universal (NYSE:UVV) Have A Healthy Balance Sheet?

Oct 16
Does Universal (NYSE:UVV) Have A Healthy Balance Sheet?

Universal Corporation: The Demand For Tobacco Remains Strong

Sep 30

Universal Non-GAAP EPS of $0.25, revenue of $429.8M

Aug 03

Universal Corp. Could Be An Attractive Buy For Dividend Investors

Jul 20

Universal (NYSE:UVV) Has Announced That It Will Be Increasing Its Dividend To US$0.79

Jun 29
Universal (NYSE:UVV) Has Announced That It Will Be Increasing Its Dividend To US$0.79

Estimating The Fair Value Of Universal Corporation (NYSE:UVV)

May 30
Estimating The Fair Value Of Universal Corporation (NYSE:UVV)

CEO Compensation Analysis

How has Preston Wigner's remuneration changed compared to Universal's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$122m

Mar 31 2024US$2mUS$476k

US$120m

Dec 31 2023n/an/a

US$133m

Sep 30 2023n/an/a

US$121m

Jun 30 2023n/an/a

US$115m

Mar 31 2023US$1mUS$455k

US$124m

Dec 31 2022n/an/a

US$96m

Sep 30 2022n/an/a

US$89m

Jun 30 2022n/an/a

US$87m

Mar 31 2022US$1mUS$433k

US$87m

Dec 31 2021n/an/a

US$100m

Sep 30 2021n/an/a

US$99m

Jun 30 2021n/an/a

US$86m

Mar 31 2021US$1mUS$427k

US$87m

Dec 31 2020n/an/a

US$64m

Sep 30 2020n/an/a

US$56m

Jun 30 2020n/an/a

US$77m

Mar 31 2020US$1mUS$419k

US$72m

Dec 31 2019n/an/a

US$87m

Sep 30 2019n/an/a

US$90m

Jun 30 2019n/an/a

US$93m

Mar 31 2019US$1mUS$406k

US$104m

Dec 31 2018n/an/a

US$103m

Sep 30 2018n/an/a

US$121m

Jun 30 2018n/an/a

US$115m

Mar 31 2018US$1mUS$398k

US$106m

Compensation vs Market: Preston's total compensation ($USD1.55M) is below average for companies of similar size in the US market ($USD5.36M).

Compensation vs Earnings: Preston's compensation has been consistent with company performance over the past year.

CEO

Preston Wigner (55 yo)

less than a year

Tenure

US$1,554,763

Compensation

Mr. Preston Douglas Wigner serves as President, CEO & Chairman of Universal Corporation since October 01, 2024. He had been the General Counsel and Secretary of Universal Corporation since November 2, 2005...

Leadership Team

NamePositionTenureCompensationOwnership
Preston Wigner
Presidentless than a yearUS$1.55m0.14%
$ 1.8m
Johan Kroner
Senior VP & CFO6.2yrsUS$1.98m0.095%
$ 1.2m
Airton Hentschke
COO & Senior VP9.6yrsUS$2.68m0.28%
$ 3.6m
J. O'Keefe
Senior Vice President of Universal Global Ventures4.6yrsUS$1.16mno data
Catherine Claiborne
VP, General Counsel & Secretaryless than a yearno data0.048%
$ 611.8k
Harvard Smith
VP & Chief Compliance Officerno datano datano data
McKeen Starke
Senior VP & Sales Director1.3yrsno data0.0066%
$ 84.7k
Theodore Broome
Executive VP & Sales Director of Universal Leaf Tobacco Company Inc12.1yrsUS$1.52m0.078%
$ 1.0m
Joseph Hearington
Vice President of Internal Auditingno datano datano data
Beth Luther
Vice President of Taxesno datano datano data
Candace Formacek
VP & Treasurer12.6yrsno data0.052%
$ 672.7k
Scott Bleicher
VP & Controller5.4yrsno data0.018%
$ 229.4k

5.4yrs

Average Tenure

55.5yo

Average Age

Experienced Management: UVV's management team is seasoned and experienced (5.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Preston Wigner
Presidentless than a yearUS$1.55m0.14%
$ 1.8m
Thomas Johnson
Lead Independent Director23.8yrsUS$268.13k0.11%
$ 1.4m
Henry Harrell
Chairman Emeritusno dataUS$1.82mno data
Allen King
Chairman Emeritusno dataUS$117.00kno data
Robert Sledd
Independent Director15.3yrsUS$243.26k0.062%
$ 791.2k
Lennart Freeman
Independent Director11.3yrsUS$237.63k0.070%
$ 903.3k
George Freeman
Vice Chairman17yrsUS$5.28m0.86%
$ 11.0m
Thomas Tullidge
Independent Director6.3yrsUS$232.13k0.058%
$ 739.8k
Diana Cantor
Independent Director12.8yrsUS$240.13k0.090%
$ 1.2m
Michael Lawton
Independent Director8.3yrsUS$249.63k0.070%
$ 901.0k
Jacqueline Williams
Independent Director4.6yrsUS$232.13k0.046%
$ 586.6k
Arthur Schick
Independent Director1.6yrsUS$251.54k0.014%
$ 185.2k

9.8yrs

Average Tenure

71yo

Average Age

Experienced Board: UVV's board of directors are considered experienced (9.8 years average tenure).