J. M. Smucker Management

Management criteria checks 3/4

J. M. Smucker's CEO is Mark Smucker, appointed in Apr 2015, has a tenure of 9.5 years. total yearly compensation is $10.37M, comprised of 11.4% salary and 88.6% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €22.98M. The average tenure of the management team and the board of directors is 4.5 years and 5.7 years respectively.

Key information

Mark Smucker

Chief executive officer

US$10.4m

Total compensation

CEO salary percentage	11.4%
CEO tenure	9.5yrs
CEO ownership	0.2%
Management average tenure	4.5yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Smucker's remuneration changed compared to J. M. Smucker's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	US$745m
Apr 30 2024	US$10m	US$1m	US$744m
Jan 31 2024	n/a	n/a	-US$101m
Oct 31 2023	n/a	n/a	-US$13m
Jul 31 2023	n/a	n/a	-US$17m
Apr 30 2023	US$11m	US$1m	-US$91m
Jan 31 2023	n/a	n/a	US$710m
Oct 31 2022	n/a	n/a	US$572m
Jul 31 2022	n/a	n/a	US$586m
Apr 30 2022	US$9m	US$1m	US$630m
Jan 31 2022	n/a	n/a	US$572m
Oct 31 2021	n/a	n/a	US$764m
Jul 31 2021	n/a	n/a	US$790m
Apr 30 2021	US$12m	US$1m	US$873m
Jan 31 2021	n/a	n/a	US$956m
Oct 31 2020	n/a	n/a	US$882m
Jul 31 2020	n/a	n/a	US$862m
Apr 30 2020	US$11m	US$1m	US$775m
Jan 31 2020	n/a	n/a	US$625m
Oct 31 2019	n/a	n/a	US$559m
Jul 31 2019	n/a	n/a	US$536m
Apr 30 2019	US$8m	US$970k	US$514m
Jan 31 2019	n/a	n/a	US$629m
Oct 31 2018	n/a	n/a	US$1b
Jul 31 2018	n/a	n/a	US$1b
Apr 30 2018	US$7m	US$934k	US$1b

Compensation vs Market: Mark's total compensation ($USD10.37M) is above average for companies of similar size in the German market ($USD5.44M).

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

CEO

Mark Smucker (54 yo)

9.5yrs

Tenure

US$10,367,569

Compensation

Mr. Mark T. Smucker is an Independent Director of Kimberly-Clark Corp. since September 18, 2019. Mr. Smucker has been the President of The J. M. Smucker Company since April 2015 and its Chief Executive Off...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Smucker	CEO, President & Chairman	9.5yrs	US$10.37m	0.20% $ 23.0m
Tucker Marshall	Chief Financial Officer	4.4yrs	US$3.21m	0.020% $ 2.2m
John Brase	Chief Operating Officer	4.5yrs	US$4.22m	0.033% $ 3.8m
Jeannette Knudsen	Chief Legal Officer & Secretary	14.2yrs	US$2.81m	0.021% $ 2.4m
Jill Penrose	Chief People & Company Services Officer	10.3yrs	US$2.41m	0.015% $ 1.8m
Bryan Hutson	Senior Vice President of Information Services & Transformation and Portfolio Operations	4.1yrs	no data	no data
Aaron Broholm	Vice President of Investor Relations	no data	no data	no data
Abbey Linville	Vice President of Corporate Communications	no data	no data	no data
Robert Crane	Senior VP & Head of Sales and Sales Commercialization	1.6yrs	no data	no data
Gail Hollander	Chief Marketing Officer	1.8yrs	no data	no data
Julia Sabin	Vice President of Government Relations	no data	no data	no data
James Day	Senior Vice President of Supply Chain & Operations	no data	no data	no data

4.5yrs

Average Tenure

54yo

Average Age

Experienced Management: JM2's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Smucker	CEO, President & Chairman	15.8yrs	US$10.37m	0.20% $ 23.0m
Jodi Taylor	Independent Director	4.2yrs	US$280.00k	no data
Timothy Smucker	Chairman Emeritus	8.4yrs	US$100.00k	1.32% $ 150.6m
Richard Smucker	Chairman Emeritus	1.2yrs	US$105.00k	1.86% $ 211.8m
Alex Shumate	Lead Independent Director	15.8yrs	US$290.00k	no data
Jonathan Johnson	Independent Director	2.7yrs	US$260.00k	no data
Tarang Amin	Independent Director	1.2yrs	US$265.00k	0.0018% $ 203.7k
Jay Henderson	Independent Director	8.2yrs	US$265.00k	0.0028% $ 320.9k
Kirk Perry	Independent Director	7.2yrs	US$260.00k	no data
Dawn Willoughby	Independent Director	7.2yrs	US$275.00k	no data
Susan Chapman-Hughes	Independent Director	4.2yrs	US$275.00k	no data
Mercedes Abramo	Independent Director	1.2yrs	US$265.00k	no data

5.7yrs

Average Tenure

58.5yo

Average Age

Experienced Board: JM2's board of directors are considered experienced (5.7 years average tenure).

J. M. Smucker Management

Management criteria checks 3/4

Key information

Recent management updates

CEO, President & Chairman recently sold €1.0m worth of stock

The J. M. Smucker Company, Annual General Meeting, Aug 14, 2024

Chief Legal Officer & Secretary recently sold €729k worth of stock

The J.M. Smucker Co. Announces Board Changes

CEO, President & Chairman recently sold €1.4m worth of stock

Chief Operating Officer recently sold €1.4m worth of stock

Recent updates

Uncrustables Launches New Raspberry Flavor -The First New Pb&J in 10 Years

First quarter 2025 earnings released: EPS: US$1.74 (vs US$1.79 in 1Q 2024)

Upcoming dividend of US$1.08 per share

The J. M. Smucker Company to Report Q1, 2025 Results on Aug 28, 2024

J.M. Smucker Reportedly Exploring Sale of Voortman Bakery

Fourth quarter dividend of US$1.08 announced

The J. M. Smucker Company Announces Quarterly Dividend, Payable on September 3, 2024

CEO, President & Chairman recently sold €1.0m worth of stock

New minor risk - Shareholder dilution

the J. M. Smucker Company Provides Earnings Guidance for the Full-Year Fiscal Year 2025

Full year 2024 earnings released: EPS: US$7.15 (vs US$0.86 loss in FY 2023)

The J. M. Smucker Company to Report Q4, 2024 Results on Jun 06, 2024

Upcoming dividend of US$1.06 per share

Jif Announces its Biggest Flavor Innovation in Nearly 10 Years with the Launch of Peanut Butter & Chocolate Flavored Spread

Third quarter dividend of US$1.06 announced

The J. M. Smucker Company, Annual General Meeting, Aug 14, 2024

the J.M. Smucker Co. Declares Dividend, Payable on June 3, 2024

Chief Legal Officer & Secretary recently sold €729k worth of stock

The J. M. Smucker Company Updates Earnings Guidance for the Full Year 2024

Third quarter 2024 earnings released: EPS: US$1.14 (vs US$1.96 in 3Q 2023)

Upcoming dividend of US$1.06 per share at 3.2% yield

The J. M. Smucker Company to Report Q3, 2024 Results on Feb 27, 2024

Second quarter dividend of US$1.06 announced

The J. M. Smucker Company Declares Dividend, Payable on March 1, 2024

New major risk - Financial position

Second quarter 2024 earnings released: EPS: US$1.91 (vs US$1.79 in 2Q 2023)

The J. M. Smucker Company Updates Earnings Guidance for the Full Fiscal Year 2023

The J. M. Smucker Company (NYSE:SJM) completed the acquisition of Hostess Brands, Inc. (NasdaqCM:TWNK) from a group of shareholders.

Upcoming dividend of US$1.06 per share at 3.9% yield

The J. M. Smucker Company (NYSE:SJM) completed the acquisition of Hostess Brands, Inc. (NasdaqCM:TWNK) from a group of shareholders.

Kar Nut Products Company, LLC completed the acquisition of Sahale Snacks, Inc. from The J. M. Smucker Company (NYSE:SJM).

Kar Nut Products Company, LLC completed the acquisition of Sahale Snacks, Inc. from The J. M. Smucker Company (NYSE:SJM).

The J. M. Smucker Company Declares Dividend, Payable on December 1, 2023

TreeHouse Foods, Inc. (NYSE:THS) entered into a definitive agreement to acquire Fermented Food Condiment Brands from The J. M. Smucker Company (NYSE:SJM) for $20 million.

Kar Nut Products Company, LLC entered into a definitive agreement to acquire Sahale Snacks, Inc. from The J. M. Smucker Company (NYSE:SJM) for approximately $34 million.

The J. M. Smucker Company (NYSE:SJM) signed a definitive agreement to acquire Hostess Brands, Inc. (NasdaqCM:TWNK) from shareholders for approximately $4.7 billion.

The J. M. Smucker Company Provides Earnings Guidance for Full Fiscal Year 2024

The J.M. Smucker Co. Announces Board Changes

Upcoming dividend of US$1.06 per share at 2.9% yield

The J. M. Smucker Company to Report Q1, 2024 Results on Aug 29, 2023

The J.M. Smucker Co. Approves an Increase in the Quarterly Dividend, Payable on September 1, 2023

CEO, President & Chairman recently sold €1.4m worth of stock

Full year 2023 earnings released: US$0.86 loss per share (vs US$5.84 profit in FY 2022)

Chief Operating Officer recently sold €1.4m worth of stock

New minor risk - Dividend sustainability

The J. M. Smucker Company Provides Earnings Guidance for the Fiscal Year 2024

The J. M. Smucker Company to Report Q4, 2023 Results on Jun 06, 2023

Upcoming dividend of US$1.02 per share at 2.6% yield

Director recently sold €3.7m worth of stock

Third quarter 2023 earnings released: EPS: US$1.96 (vs US$0.64 in 3Q 2022)

The J. M. Smucker Company to Report Q3, 2023 Results on Feb 28, 2023

Upcoming dividend of US$1.02 per share at 2.7% yield

The J. M. Smucker Company Announces the Resignation of Geoff E. Tanner, Chief Commercial and Marketing Officer, Effective February 24, 2023

The J. M. Smucker Company Approves Dividend, Payable on March 1, 2023

The J.M. Smucker Co. Announces Executive Changes

Second quarter 2023 earnings released: EPS: US$1.79 (vs US$1.90 in 2Q 2022)

The J.M. Smucker Co. Revises Earnings Guidance for the Fiscal Year Ending April 30, 2023

Upcoming dividend of US$1.02 per share

The J.M. Smucker Co. Approves Dividend on the Common Shares, Payable on December 1, 2022

The J.M. Smucker Co. Introduces New Smucker's(R) Uncrustables(R) Meat and Cheese Bites Perfect for This School Year

Chief People & Administrative Officer recently sold €643k worth of stock

Director recently sold €2.8m worth of stock

The J. M. Smucker Company Appoints Gagnesh Gupta as Senior Vice President of Commodities and Procurement and an Officer, Effective September 8, 2022

First quarter 2023 earnings released: EPS: US$1.03 (vs US$1.42 in 1Q 2022)

The J.M. Smucker Co. Revises Sales Guidance for Fiscal Year 2023

Upcoming dividend of US$1.02 per share

The J. M. Smucker Company to Report Q1, 2023 Results on Aug 23, 2022

The J.M. Smucker Co. Approves Increase in the Quarterly Dividend, Payable on September 1, 2022

The J.M. Smucker Co. Announces Updates to Its Board of Directors Leadership