B&G Foods Management

Management criteria checks 2/4

B&G Foods' CEO is Casey Keller, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is $7.96M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth €1.57M. The average tenure of the management team and the board of directors is 4.5 years and 14.1 years respectively.

Key information

Casey Keller

Chief executive officer

US$8.0m

Total compensation

CEO salary percentage	14.2%
CEO tenure	3.4yrs
CEO ownership	0.3%
Management average tenure	4.5yrs
Board average tenure	14.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Casey Keller's remuneration changed compared to B&G Foods's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 28 2024	n/a	n/a	-US$26m
Jun 29 2024	n/a	n/a	-US$116m
Mar 30 2024	n/a	n/a	-US$110m
Dec 30 2023	US$8m	US$1m	-US$66m
Sep 30 2023	n/a	n/a	-US$44m
Jul 01 2023	n/a	n/a	-US$21m
Apr 01 2023	n/a	n/a	-US$32m
Dec 31 2022	US$2m	US$1m	-US$11m
Oct 01 2022	n/a	n/a	-US$40m
Jul 02 2022	n/a	n/a	US$40m
Apr 02 2022	n/a	n/a	US$64m
Jan 01 2022	US$6m	US$565k	US$67m

Compensation vs Market: Casey's total compensation ($USD7.96M) is above average for companies of similar size in the German market ($USD1.05M).

Compensation vs Earnings: Casey's compensation has increased whilst the company is unprofitable.

CEO

Casey Keller (62 yo)

3.4yrs

Tenure

US$7,958,639

Compensation

Mr. Kenneth Charles Keller, Jr., also known as Casey, has been President, Chief Executive Officer and Director at B&G Foods, Inc. since June 14, 2021. Mr. Keller serves as a Member of Advisory Council of W...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenneth Keller	President	3.4yrs	US$7.96m	0.34% € 1.6m
Bruce Wacha	CFO & Executive VP of Finance	7yrs	US$1.55m	0.12% € 538.7k
Scott Lerner	Executive VP	19.3yrs	US$1.52m	0.25% € 1.2m
Jordan Greenberg	Executive VP and President of Spices & Flavor Solutions	5.7yrs	US$1.30m	0.083% € 389.9k
Ellen Schum	Executive VP & President of Specialty	5.7yrs	US$1.36m	0.095% € 443.2k
Michael Adasczik	VP of Finance & Chief Accounting Officer	6yrs	no data	0.025% € 116.2k
Eric Hart	Executive VP of Human Resources & Chief Human Resources Officer	9.8yrs	no data	0.11% € 494.9k
Tessie Gallagher	Senior Vice President of Field Sales	2.3yrs	no data	no data
Kristen Thompson	Senior VP & President of Frozen and Vegetables	2.3yrs	no data	0.017% € 80.8k
Marty Schoch	Senior Vice President of Supply Chain	2.3yrs	no data	0.019% € 87.0k
Gary Benedict	Senior Vice President of Commercial Operations	2.3yrs	no data	no data
Rick Drummond	Senior VP of Quality Assurance & Research and Development	2.3yrs	no data	no data

4.5yrs

Average Tenure

54yo

Average Age

Experienced Management: DHR's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenneth Keller	President	3.4yrs	US$7.96m	0.34% € 1.6m
Stephen Sherrill	Independent Chairman of the Board	28.8yrs	US$282.31k	0.45% € 2.1m
David Wenner	Director	27.3yrs	US$222.31k	1% € 4.7m
Cheryl Palmer	Independent Director	14.1yrs	US$237.31k	0.070% € 327.7k
Charles Marcy	Independent Director	14.1yrs	US$227.31k	0.11% € 506.9k
Alfred Poe	Independent Director	27.8yrs	US$242.31k	0.071% € 330.4k
Dennis Mullen	Independent Director	18.7yrs	US$237.31k	0.099% € 460.6k
DeAnn Brunts	Independent Director	9.5yrs	US$247.31k	0.075% € 349.5k
Robert Mills	Independent Director	6.7yrs	US$227.31k	0.061% € 283.6k
Debra Chase	Independent Director	4.3yrs	US$242.31k	0.045% € 211.6k

14.1yrs

Average Tenure

68.5yo

Average Age

Experienced Board: DHR's board of directors are seasoned and experienced ( 14.1 years average tenure).

B&G Foods Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Chairman of the Board recently bought €433k worth of stock

Independent Chairman of the Board recently bought €995k worth of stock

B&G Foods, Inc., Annual General Meeting, May 23, 2024

Insufficient new directors

Insider recently sold €161k worth of stock

CFO & Executive VP of Finance recently sold €174k worth of stock

Recent updates

Independent Chairman of the Board recently bought €433k worth of stock

New minor risk - Share price stability

Third quarter 2024 earnings released: EPS: US$0.094 (vs US$1.11 loss in 3Q 2023)

B&G Foods, Inc. Revises Earnings Guidance for the Year 2024

Second quarter dividend of US$0.19 announced

B&G Foods, Inc. Declares Regular Quarterly Dividend, Payable on January 30, 2025

B&G Foods, Inc. to Report Q3, 2024 Results on Nov 05, 2024

Upcoming dividend of US$0.19 per share

Second quarter 2024 earnings released: EPS: US$0.05 (vs US$0.15 in 2Q 2023)

First quarter dividend of US$0.19 announced

B&G Foods, Inc. Declares Regular Quarterly Dividend, Payable on October 30, 2024

B&G Foods, Inc. to Report Q2, 2024 Results on Aug 06, 2024

B&G Foods Introduces the B&G® Pickleball Bag in Collaboration with Nyc Designer, Made by Alex

First quarter dividend of US$0.19 announced

Now 21% undervalued

B&G Foods Declares Regular Quarterly Dividend, Payable on July 30, 2024

Independent Chairman of the Board recently bought €995k worth of stock

B&G Foods Announces Partnership with Four Sixes (6666) Ranch to Introduce Four Sixes™ Seasonings, Bbq & Hot Sauces

B&G Foods, Inc. Reports Unaudited Impairment Charges for the First Quarter Ended March 30, 2024

First quarter 2024 earnings released: US$0.51 loss per share (vs US$0.048 profit in 1Q 2023)

B&G Foods, Inc. to Report Q1, 2024 Results on May 08, 2024

B&G Foods, Inc., Annual General Meeting, May 23, 2024

Upcoming dividend of US$0.19 per share

B&G Foods, Inc. Provides Earnings Guidance for the Full Year Fiscal 2024

Fourth quarter dividend of US$0.19 announced

Full year 2023 earnings released: US$0.89 loss per share (vs US$0.16 loss in FY 2022)

B&G Foods Declares Regular Quarterly Cash Dividend, Payable on April 30, 2024

B&G Foods, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Upcoming dividend of US$0.19 per share at 7.2% yield

B&G Foods, Inc. Declares Regular Quarterly Dividend, Payable on January 30, 2024

B&G Foods, Inc. Provides Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: US$1.11 loss per share (vs US$0.83 loss in 3Q 2022)

Seneca Foods Corporation (NasdaqGS:SENE.A) acquired of Green Giant U.S. shelf stable vegetable product line of B&G Foods, Inc.

B&G Foods, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Upcoming dividend of US$0.19 per share at 7.3% yield

B&G Foods, Inc. Partners with Sazerac Company to Release New Line of Weber(R) Seasoning Blends

New major risk - Revenue and earnings growth

B&G Foods, Inc. Revises Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$0.15 (vs US$0.004 in 2Q 2022)

B&G Foods, Inc. Declares Regular Quarterly Dividend, Payable on October 30, 2023

Insufficient new directors

B&G Foods, Inc. to Report Q2, 2023 Results on Aug 03, 2023

B&G Foods, Inc.(NYSE:BGS) dropped from Russell 2000 Value-Defensive Index

Upcoming dividend of US$0.19 per share at 5.4% yield

Insider recently sold €161k worth of stock

B&G Foods, Inc. Declares Regular Quarterly Dividend, Payable on July 31, 2023

B&G Foods, Inc. Reaffirms Earnings Guidance for the Year 2023

First quarter 2023 earnings released: EPS: US$0.048 (vs US$0.34 in 1Q 2022)

Upcoming dividend of US$0.19 per share at 5.1% yield

CFO & Executive VP of Finance recently sold €174k worth of stock

Full year 2022 earnings released: US$0.16 loss per share (vs US$1.04 profit in FY 2021)

B&G Foods, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Barilla America, Inc. acquired Back to Nature Foods Company, LLC from B&G Foods, Inc. (NYSE:BGS).

Upcoming dividend of US$0.19 per share

Barilla America, Inc. acquired Back to Nature Foods Company, LLC from B&G Foods, Inc. (NYSE:BGS).

Third quarter 2022 earnings released: US$0.83 loss per share (vs US$0.32 profit in 3Q 2021)

B&G Foods, Inc. Reaffirms Net Sales Guidance for the Full Year Fiscal 2022

B&G Foods, Inc. to Report Q3, 2022 Results on Nov 09, 2022

B&G Foods, Inc. Appoints Andrew Vogel as Executive Vice President and President of Meals

Upcoming dividend of US$0.47 per share

Independent Director recently sold €286k worth of stock

B&G Foods, Inc. has completed a Follow-on Equity Offering in the amount of $200.718888 million.

Second quarter 2022 earnings released: EPS: US$0.004 (vs US$0.38 in 2Q 2021)

B&G Foods Provides Net Sales Guidance for Full Year Fiscal 2022

B&G Foods, Inc. Declares Regular Quarterly Cash Dividend, Payable on October 31, 2022

B&G Foods, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Upcoming dividend of US$0.47 per share

B&G Foods Announces Senior Leadership Appointments

B&G Foods, Inc. Declares Regular Quarterly Cash Dividend, Payable on August 1, 2022