Brown-Forman Corporation

BOVESPA:B1FC34 Stock Report

Market Cap: R$117.9b

Brown-Forman Management

Management criteria checks 2/4

Brown-Forman's CEO is Lawson Whiting, appointed in Jan 2019, has a tenure of 5.92 years. total yearly compensation is $13.19M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth R$17.69M. The average tenure of the management team and the board of directors is 3.1 years and 6.1 years respectively.

Key information

Lawson Whiting

Chief executive officer

US$13.2m

Total compensation

CEO salary percentage9.5%
CEO tenure5.9yrs
CEO ownership0.02%
Management average tenure3.1yrs
Board average tenure6.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lawson Whiting's remuneration changed compared to Brown-Forman's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 31 2024n/an/a

US$1b

Jul 31 2024n/an/a

US$988m

Apr 30 2024US$13mUS$1m

US$1b

Jan 31 2024n/an/a

US$965m

Oct 31 2023n/an/a

US$780m

Jul 31 2023n/an/a

US$765m

Apr 30 2023US$10mUS$1m

US$783m

Jan 31 2023n/an/a

US$727m

Oct 31 2022n/an/a

US$886m

Jul 31 2022n/an/a

US$895m

Apr 30 2022US$8mUS$1m

US$838m

Jan 31 2022n/an/a

US$807m

Oct 31 2021n/an/a

US$767m

Jul 31 2021n/an/a

US$771m

Apr 30 2021US$9mUS$1m

US$903m

Jan 31 2021n/an/a

US$911m

Oct 31 2020n/an/a

US$923m

Jul 31 2020n/an/a

US$965m

Apr 30 2020US$6mUS$1m

US$827m

Jan 31 2020n/an/a

US$858m

Oct 31 2019n/an/a

US$854m

Jul 31 2019n/an/a

US$821m

Apr 30 2019US$4mUS$872k

US$835m

Jan 31 2019n/an/a

US$786m

Oct 31 2018n/an/a

US$749m

Jul 31 2018n/an/a

US$739m

Apr 30 2018US$2mUS$598k

US$717m

Compensation vs Market: Lawson's total compensation ($USD13.19M) is above average for companies of similar size in the BR market ($USD5.74M).

Compensation vs Earnings: Lawson's compensation has increased by more than 20% in the past year.

CEO

Lawson Whiting (56 yo)

5.9yrs

Tenure

US$13,194,160

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

NamePositionTenureCompensationOwnership
Campbell Brown
Executive Chairman8.6yrsUS$739.25k1.41%
R$ 1.7b
Lawson Whiting
CEO, President & Director5.9yrsUS$13.19m0.015%
R$ 17.7m
Leanne Cunningham
Executive VP & CFO3.4yrsUS$3.78m0.0019%
R$ 2.3m
Marshall Farrer
Executive VP14.9yrsUS$3.66m0.0047%
R$ 5.6m
Kelli Brown
Senior VP & Chief Accounting Officer6.3yrsno data0.00057%
R$ 671.8k
Timothy Nall
Executive VP2.8yrsno data0.0028%
R$ 3.3m
Larry Combs
Chief Information Officer and Director of Supply Chain Integration & Strategy1.9yrsno datano data
Susanne Perram
VP & Director of Investor Relationsno datano datano data
Michael Carr
Executive Vice Presidentless than a yearno data0.00011%
R$ 129.6k
Diane Nguyen
Chief Peopleless than a yearno data0.000090%
R$ 106.1k
Mark Bacon
Senior VP & Global MD of Jack Daniel’s Family of Brandsno datano datano data
Michael Masick
Executive VP & President of Emerging Internationalless than a yearno data0.00020%
R$ 235.7k

3.1yrs

Average Tenure

53yo

Average Age

Experienced Management: B1FC34's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Campbell Brown
Executive Chairman8.6yrsUS$739.25k1.41%
R$ 1.7b
Lawson Whiting
CEO, President & Director6.1yrsUS$13.19m0.015%
R$ 17.7m
Marshall Farrer
Executive VP8.6yrsUS$3.66m0.0047%
R$ 5.6m
Michael Roney
Independent Director10.8yrsUS$312.00kno data
Michael Todman
Lead Independent Director10.9yrsUS$339.25kno data
Elizabeth Smith
Independent Director1.9yrsUS$6.72kno data
Jan Singer
Independent Director2.9yrsUS$275.50kno data
Mark Clouse
Independent Director2.1yrsUS$387.24kno data
Tracy Skeans
Independent Director6.8yrsUS$279.00kno data
W. Musselman
Directorless than a yearno data1.61%
R$ 1.9b
Elizabeth Brown
Director1.4yrsno data0.15%
R$ 174.8m

6.1yrs

Average Tenure

57yo

Average Age

Experienced Board: B1FC34's board of directors are considered experienced (6.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 18:10
End of Day Share Price 2024/10/30 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Brown-Forman Corporation is covered by 42 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.

AnalystInstitution
Ishan MajumdarBaptista Research
Michael BrancaBarclays
Lauren LiebermanBarclays