Nomad Foods Management

Management criteria checks 1/4

Nomad Foods' CEO is Stefan Descheemaeker, appointed in Jun 2015, has a tenure of 9.42 years. directly owns 2.54% of the company’s shares, worth €69.83M. The average tenure of the management team and the board of directors is 1.9 years and 8.8 years respectively.

Key information

Stefan Descheemaeker

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	9.4yrs
CEO ownership	2.5%
Management average tenure	1.9yrs
Board average tenure	8.8yrs

Recent management updates

Recent updates

CEO

Stefan Descheemaeker (64 yo)

9.4yrs

Tenure

Mr. Stefan Descheemaeker serves as an Operational Advisor at Verlinvest S.A. He has been the Chief Executive Officer of Nomad Foods Europe Holdings Limited since June 01, 2015. Mr. Descheemaeker has been t...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Noam Gottesman	Co-Founder & Co-Chairman	10.6yrs	no data	1.47% € 40.4m
Martin Franklin	Co-Founder & Co-Chairman	10.6yrs	no data	6.38% € 175.1m
Stefan Descheemaeker	CEO & Director	9.4yrs	no data	2.54% € 69.8m
Steven Libermann	Group Executive President	less than a year	no data	no data
Ruben Baldew	Chief Financial Officer	less than a year	no data	no data
Jason English	Interim Head of Investor Relations	no data	no data	no data
Neil Fletcher	General Counsel	4.8yrs	no data	no data
Steve Challouma	Chief Marketing Officer	1.7yrs	no data	no data
Harriet Hounsell	Chief People Officer	4.1yrs	no data	no data
Eduardo Bachiega	Chief Supply Officer	1.9yrs	no data	no data
Anja van Kruijsbergen	Company Secretary	no data	no data	no data

1.9yrs

Average Tenure

61.5yo

Average Age

Experienced Management: 0NH's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Noam Gottesman	Co-Founder & Co-Chairman	10.6yrs	no data	1.47% € 40.4m
Martin Franklin	Co-Founder & Co-Chairman	10.6yrs	no data	6.38% € 175.1m
Stefan Descheemaeker	CEO & Director	9.4yrs	no data	2.54% € 69.8m
James Lillie	Lead Independent Director	9.5yrs	no data	0.55% € 15.2m
Ian Ashken	Independent Non-Executive Director	8.4yrs	no data	0.0031% € 84.5k
Victoria Parry	Independent Non-Executive Director	8.8yrs	no data	0.015% € 407.3k
Stuart MacFarlane	Independent Non-Executive Director	5.5yrs	no data	0.0016% € 43.6k
Melanie Stack	Independent Non-Executive Director	3.5yrs	no data	0.0027% € 73.0k
Amit Pilowsky	Independent Non-Executive Director	2.5yrs	no data	0.0017% € 46.4k

8.8yrs

Average Tenure

63yo

Average Age

Experienced Board: 0NH's board of directors are considered experienced (8.8 years average tenure).

Nomad Foods Management

Management criteria checks 1/4

Key information

Recent management updates

Insufficient new directors

Nomad Foods Limited, Annual General Meeting, Jul 10, 2024

Nomad Foods Limited Announces CFO Changes

Nomad Foods Limited Announces CFO Changes

Nomad Foods Limited, Annual General Meeting, Jul 06, 2023

Nomad Foods Limited Announce Resignation of Golnar Khosrowshahi as Director

Recent updates

Third quarter 2024 earnings released: EPS: €0.44 (vs €0.46 in 3Q 2023)

Nomad Foods Limited to Report Q3, 2024 Results on Nov 14, 2024

Nomad Foods Limited Declares Quarterly Dividend, Payable on November 26, 2024

Second quarter 2024 earnings released: EPS: €0.43 (vs €0.28 in 2Q 2023)

Nomad Foods Limited Provides Earnings Guidance for the Full Year 2024

Nomad Foods Limited Declares Quarterly Dividend, Payable on August 26, 2024

Nomad Foods Limited to Report Q2, 2024 Results on Aug 07, 2024

Insufficient new directors

Nomad Foods Limited, Annual General Meeting, Jul 10, 2024

Nomad Foods Limited Announces CFO Changes

Nomad Foods Limited Announces CFO Changes

Nomad Foods Limited Reiterates Earnings Guidance for the Full Year 2024

First quarter 2024 earnings released: EPS: €0.21 (vs €0.24 in 1Q 2023)

Nomad Foods Limited Declares Quarterly Dividend, Payable on May 28, 2024

Full year 2023 earnings released: EPS: €1.13 (vs €1.43 in FY 2022)

Nomad Foods Limited to Report Q4, 2023 Results on Feb 29, 2024

Nomad Foods Limited Declares Initial Cash Dividend, Payable on February 26, 2024

Nomad Foods Limited Declares Initial Cash Dividend, Payable on February 26, 2024

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: €0.46 (vs €0.47 in 3Q 2022)

Nomad Foods Limited (NYSE:NOMD) announces an Equity Buyback for $500 million worth of its shares.

Nomad Foods Limited to Report Q3, 2023 Results on Nov 09, 2023

Nomad Foods Limited Provides Revenue Guidance for the Third Quarter of 2023

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: €0.28 (vs €0.43 in 2Q 2022)

Nomad Foods Limited to Report Q2, 2023 Results on Aug 09, 2023

Nomad Foods Limited, Annual General Meeting, Jul 06, 2023

First quarter 2023 earnings released: EPS: €0.24 (vs €0.32 in 1Q 2022)

Full year 2022 earnings released: EPS: €1.43 (vs €1.02 in FY 2021)

Nomad Foods Limited to Report Q4, 2022 Results on Feb 23, 2023

Third quarter 2022 earnings released: EPS: €0.48 (vs €0.29 in 3Q 2021)

Nomad Foods Limited to Report Q3, 2022 Results on Nov 09, 2022

Nomad Foods Limited to Report Q3, 2022 Results on Nov 09, 2022

Second quarter 2022 earnings released: EPS: €0.43 (vs €0.29 in 2Q 2021)

Nomad Foods Limited Provides Revenue Guidance for the Year 2022

Nomad Foods Limited to Report Q2, 2022 Results on Aug 10, 2022

Nomad Foods Limited Announce Resignation of Golnar Khosrowshahi as Director

Nomad Foods Limited, Annual General Meeting, Jul 01, 2022

Nomad Foods Limited Announces Board Changes

First quarter 2022 earnings released: EPS: €0.32 (vs €0.28 in 1Q 2021)

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Nomad Foods Limited Provides Earnings Guidance for the Year 2022

Nomad Foods Limited to Report Q4, 2021 Results on Feb 24, 2022

Third quarter 2021 earnings released: EPS €0.29 (vs €0.29 in 3Q 2020)

Second quarter 2021 earnings released: EPS €0.29 (vs €0.32 in 2Q 2020)

Nomad Foods Limited (NYSE:NOMD) announces an Equity Buyback for $500 million worth of its shares.

Independent Non-Executive Director Jeremy Isaacs has left the company

Independent Non-Executive Director Simon White has left the company

Nomad Foods Limited Reiterates 2021 Guidance

First quarter 2021 earnings released: EPS €0.28 (vs €0.23 in 1Q 2020)

Full year 2020 earnings released: EPS €1.16 (vs €0.80 in FY 2019)

Revenue beats expectations

New 90-day high: €22.00

Nomad Foods Enters Exclusive Negotiations to Acquire FFBG from Fortenova

Nomad Foods Limited (NYSE:NOMD) completed the acquisition of Frozen Foods business and certain intellectual property from Froneri International Limited and Nestlé S.A. (SWX:NESN).

Nomad Foods Raises 2020 Earnings Guidance

Revenue misses expectations

Third quarter 2020 earnings released: EPS €0.29

Nomad Foods Limited (NYSE:NOMD) entered into an agreement to acquire Frozen Foods Business from Froneri International Limited for approximately €110 million on a debt-free, cash-free basis.

New 90-day low: €19.20

Revenue misses expectations

Third quarter 2020 earnings released: EPS €0.29

Three Foreign Buyers Continue Race for Fortenova Frozen Food Units

Nomad Foods Limited to Report Q3, 2020 Results on Nov 05, 2020

New 90-day high: €22.40

New 90-day high - €21.60

Earnings released

New 90-day high - €20.40