Brown-Forman Management
Management criteria checks 3/4
Brown-Forman's CEO is Lawson Whiting, appointed in Jan 2019, has a tenure of 4.83 years. total yearly compensation is $9.65M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth €3.39M. The average tenure of the management team and the board of directors is 5 years and 5.7 years respectively.
Key information
Lawson Whiting
Chief executive officer
US$9.7m
Total compensation
| CEO salary percentage | 13.0% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.01% |
| Management average tenure | 5yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 31 2023 | n/a | n/a | US$765m |
| Apr 30 2023 | US$10m | US$1m | US$783m |
| Jan 31 2023 | n/a | n/a | US$727m |
| Oct 31 2022 | n/a | n/a | US$886m |
| Jul 31 2022 | n/a | n/a | US$895m |
| Apr 30 2022 | US$8m | US$1m | US$838m |
| Jan 31 2022 | n/a | n/a | US$807m |
| Oct 31 2021 | n/a | n/a | US$767m |
| Jul 31 2021 | n/a | n/a | US$771m |
| Apr 30 2021 | US$9m | US$1m | US$903m |
| Jan 31 2021 | n/a | n/a | US$911m |
| Oct 31 2020 | n/a | n/a | US$923m |
| Jul 31 2020 | n/a | n/a | US$965m |
| Apr 30 2020 | US$6m | US$1m | US$827m |
| Jan 31 2020 | n/a | n/a | US$858m |
| Oct 31 2019 | n/a | n/a | US$854m |
| Jul 31 2019 | n/a | n/a | US$821m |
| Apr 30 2019 | US$4m | US$872k | US$835m |
| Jan 31 2019 | n/a | n/a | US$786m |
| Oct 31 2018 | n/a | n/a | US$749m |
| Jul 31 2018 | n/a | n/a | US$739m |
| Apr 30 2018 | US$2m | US$598k | US$717m |
| Jan 31 2018 | n/a | n/a | US$752m |
| Oct 31 2017 | n/a | n/a | US$744m |
| Jul 31 2017 | n/a | n/a | US$703m |
| Apr 30 2017 | US$2m | US$487k | US$669m |
Compensation vs Market: Lawson's total compensation ($USD9.65M) is above average for companies of similar size in the BG market ($USD4.12M).
Compensation vs Earnings: Lawson's compensation has been consistent with company performance over the past year.
CEO
Lawson Whiting (55 yo)
4.8yrs
Tenure
US$9,651,262
Compensation
Mr. Lawson E. Whiting has been Chief Executive Officer of Brown-Forman Corporation since January 1, 2019 and has been its President since March 28, 2019 and served as its President from January 1, 2019 to...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.5yrs | US$722.45k | 1.39% € 371.2m | |
| CEO, President & Director | 4.8yrs | US$9.65m | 0.013% € 3.4m | |
| Executive VP & CFO | 2.3yrs | US$2.73m | 0.0016% € 439.4k | |
| Executive VP & General Counsel | 16.1yrs | US$1.90m | 0.049% € 13.1m | |
| Executive VP and Chief People | 8.8yrs | US$1.62m | 0.0046% € 1.2m | |
| Executive VP | 13.8yrs | no data | 0.0045% € 1.2m | |
| Executive VP & President of Emerging International | 5.4yrs | US$1.99m | 0.0045% € 1.2m | |
| Senior VP & Chief Accounting Officer | 5.3yrs | no data | 0.00053% € 141.1k | |
| Executive VP | 1.7yrs | no data | 0.0024% € 633.8k | |
| Chief Information Officer and Director of Supply Chain Integration & Strategy | less than a year | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP & MD of Woodford Reserve | no data | no data | no data |
5.0yrs
Average Tenure
53yo
Average Age
Experienced Management: BF5B's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.5yrs | US$722.45k | 1.39% € 371.2m | |
| CEO, President & Director | 5yrs | US$9.65m | 0.013% € 3.4m | |
| Executive VP | 7.5yrs | no data | 0.0045% € 1.2m | |
| Independent Director | 9.7yrs | US$296.25k | no data | |
| Lead Independent Director | 9.8yrs | US$301.22k | no data | |
| Independent Director | less than a year | US$6.72k | no data | |
| Independent Director | 1.8yrs | US$314.69k | no data | |
| Independent Director | less than a year | US$25.06k | no data | |
| Director | 8.5yrs | US$215.00k | 0.40% € 107.5m | |
| Independent Director | 5.7yrs | US$262.88k | no data | |
| Director | less than a year | no data | 0.14% € 38.0m |
5.7yrs
Average Tenure
57yo
Average Age
Experienced Board: BF5B's board of directors are considered experienced (5.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/07 08:11 |
| End of Day Share Price | 2023/08/10 00:00 |
| Earnings | 2023/07/31 |
| Annual Earnings | 2023/04/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Brown-Forman Corporation is covered by 41 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Michael Branca | Barclays |
| Lauren Lieberman | Barclays |