Mission Produce Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Steve Barnard

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage	30.1%
CEO tenure	41.8yrs
CEO ownership	5.3%
Management average tenure	4.3yrs
Board average tenure	15.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Barnard's remuneration changed compared to Mission Produce's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	US$23m
Apr 30 2024	n/a	n/a	US$18m
Jan 31 2024	n/a	n/a	US$6m
Oct 31 2023	US$3m	US$775k	-US$3m
Jul 31 2023	n/a	n/a	-US$49m
Apr 30 2023	n/a	n/a	-US$37m
Jan 31 2023	n/a	n/a	-US$30m
Oct 31 2022	US$3m	US$771k	-US$35m
Jul 31 2022	n/a	n/a	US$24m
Apr 30 2022	n/a	n/a	US$24m
Jan 31 2022	n/a	n/a	US$29m
Oct 31 2021	US$1m	US$740k	US$45m
Jul 31 2021	n/a	n/a	US$47m
Apr 30 2021	n/a	n/a	US$52m
Jan 31 2021	n/a	n/a	US$30m
Oct 31 2020	US$2m	US$700k	US$29m
Jul 31 2020	n/a	n/a	US$34m
Apr 30 2020	n/a	n/a	US$35m
Jan 31 2020	n/a	n/a	US$60m
Oct 31 2019	US$13m	US$569k	US$72m

Compensation vs Market: Steve's total compensation ($USD2.58M) is above average for companies of similar size in the German market ($USD1.46M).

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

CEO

Steve Barnard (71 yo)

41.8yrs

Tenure

US$2,575,284

Compensation

Mr. Stephen J. Barnard, also known as Steve, founded Mission Produce, Inc. in 1983 and serves as its Chief Executive Officer since 1988 and served as its President and Chief Operating Officer since Septemb...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stephen Barnard	Founder	no data	US$2.58m	5.32% € 47.4m
Bryan Giles	Chief Financial Officer	6.8yrs	US$1.20m	0.086% € 763.1k
Joanne Wu	General Counsel & Secretary	3.7yrs	US$972.80k	0.019% € 168.5k
John Pawlowski	President & COO	less than a year	no data	no data
Ross Wileman	Senior Vice President of Sales & Marketing	5yrs	US$747.62k	no data
Anita Lemos	Vice President of Human Resources	no data	no data	no data

4.3yrs

Average Tenure

53yo

Average Age

Experienced Management: 5YM's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Stephen Barnard	Founder	41.8yrs	US$2.58m	5.32% € 47.4m
Bruce Taylor	Independent Director	23.8yrs	US$167.11k	12.79% € 113.9m
Tony Sarsam	Independent Director	1.3yrs	US$90.41k	0.0080% € 71.0k
Bonnie Cruickshank-Lind	Independent Director	4.8yrs	US$182.11k	0.049% € 439.0k
Stephen Beebe	Independent Chairman of the Board	29.8yrs	US$210.71k	0.23% € 2.0m
Linda Segre	Independent Director	4.2yrs	US$172.11k	0.053% € 472.3k
Jay Pack	Independent Director	16.8yrs	US$174.61k	2.37% € 21.1m
Luis Gonzalez	Director	13.8yrs	US$162.11k	11.65% € 103.7m

15.3yrs

Average Tenure

69.5yo

Average Age

Experienced Board: 5YM's board of directors are seasoned and experienced ( 15.3 years average tenure).

Mission Produce Management

Management criteria checks 3/4

Key information

Recent management updates

Director recently sold €3.3m worth of stock

Insufficient new directors

Director recently sold €981k worth of stock

Director recently sold €2.1m worth of stock

Director recently sold €3.0m worth of stock

Mission Produce, Inc. Announces Management Changes

Recent updates

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 23%

Director recently sold €3.3m worth of stock

Third quarter 2024 earnings released: EPS: US$0.17 (vs US$0.093 in 3Q 2023)

Mission Produce, Inc. to Report Q3, 2024 Results on Sep 09, 2024

Insufficient new directors

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: EPS: US$0.099 (vs US$0.065 loss in 2Q 2023)

Mission Produce, Inc. to Report Q2, 2024 Results on Jun 06, 2024

Director recently sold €981k worth of stock

Director recently sold €2.1m worth of stock

Director recently sold €3.0m worth of stock

First quarter 2024 earnings released

Mission Produce, Inc. Announces Management Changes

Mission Produce, Inc. to Report Q1, 2024 Results on Mar 11, 2024

Mission Produce, Inc., Annual General Meeting, Apr 11, 2024

New major risk - Revenue and earnings growth

Mission Produce, Inc. to Report Fiscal Year 2023 Results on Dec 21, 2023

New major risk - Revenue and earnings growth

Founder recently sold €2.8m worth of stock

Mission Produce, Inc. Announces Management Changes

Mission Produce, Inc. (NasdaqGS:AVO) announces an Equity Buyback for $20 million worth of its shares.

Mission Produce, Inc. to Report Q3, 2023 Results on Sep 11, 2023

Mission Produce, Inc. Appoints Tony Sarsam to Board of Directors, Effective from August 14, 2023

Director recently sold €224k worth of stock

Mission Produce, Inc. Provides Production Guidance for the Third Quarter of Fiscal Year 2023

Second quarter 2023 earnings released: US$0.07 loss per share (vs US$0.034 profit in 2Q 2022)

Mission Produce, Inc. to Report Q2, 2023 Results on Jun 08, 2023

Insider recently sold €399k worth of stock

First quarter 2023 earnings released: US$0.12 loss per share (vs US$0.19 loss in 1Q 2022)

Insufficient new directors

Full year 2022 earnings released: US$0.49 loss per share (vs US$0.64 profit in FY 2021)

Mission Produce, Inc. to Report Q4, 2022 Results on Dec 22, 2022

Third quarter 2022 earnings released

Mission Produce, Inc. to Report Q3, 2022 Results on Sep 08, 2022

Second quarter 2022 earnings released: EPS: US$0.034 (vs US$0.10 in 2Q 2021)

Mission Produce, Inc. to Report Q2, 2022 Results on Jun 08, 2022

Mission Produce, Inc. Appoints Timothy Bulow as President and Chief Operating Officer, Effective No Later Than August 1, 2022

Founder recently bought €264k worth of stock

Investor sentiment deteriorated over the past week

Mission Produce, Inc. to Report Q1, 2022 Results on Mar 10, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Director recently sold €8.5m worth of stock

Third quarter 2021 earnings released: EPS US$0.26 (vs US$0.37 in 3Q 2020)

Mission Produce, Inc. Provides Production Guidance for 2021

Chief Operating Officer Michael Browne has left the company

Second quarter 2021 earnings released: EPS US$0.10 (vs US$0.23 loss in 2Q 2020)

Mission Produce, Inc. Provides Earnings Guidance for the Full Year Fiscal 2021

Director recently sold €5.7m worth of stock

President recently bought €168k worth of stock

Revenue beats expectations

First quarter 2021 earnings released: EPS US$0.031 (vs US$0.022 in 1Q 2020)

New 90-day high: €17.80

Mission Produce, Inc., Annual General Meeting, Apr 13, 2021

Mission Produce, Inc. to Report Q1, 2021 Results on Mar 10, 2021

New 90-day high: €15.90

Investor sentiment improved over the past week

Revenue beats expectations

Revenue beats expectations

Full year 2020 earnings released: EPS US$0.45

New 90-day high: €12.70

Mission Produce, Inc. to Report Q4, 2020 Results on Jan 19, 2021

Mission Produce to Launch Mission Jumbos ‘More to Eat, More to Love’

Chief Operating Officer recently bought €125k worth of stock

Mission Produce, Inc. has filed an IPO in the amount of $100 million.

CEO Compensation Analysis

CEO

Tenure

Compensation