Seaboard Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Bob Steer

Chief executive officer

US$5.7m

Total compensation

CEO salary percentage	19.4%
CEO tenure	4.3yrs
CEO ownership	n/a
Management average tenure	3.8yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bob Steer's remuneration changed compared to Seaboard's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 29 2024	n/a	n/a	US$273m
Mar 30 2024	n/a	n/a	US$264m
Dec 31 2023	US$6m	US$1m	US$226m
Sep 30 2023	n/a	n/a	US$385m
Jul 01 2023	n/a	n/a	US$405m
Apr 01 2023	n/a	n/a	US$461m
Dec 31 2022	US$5m	US$1m	US$580m
Oct 01 2022	n/a	n/a	US$478m
Jul 02 2022	n/a	n/a	US$426m
Apr 02 2022	n/a	n/a	US$494m
Dec 31 2021	US$6m	US$1m	US$570m
Oct 02 2021	n/a	n/a	US$708m
Jul 03 2021	n/a	n/a	US$768m
Apr 03 2021	n/a	n/a	US$565m
Dec 31 2020	US$4m	US$957k	US$283m
Sep 26 2020	n/a	n/a	US$203m
Jun 27 2020	n/a	n/a	US$42m
Mar 28 2020	n/a	n/a	US$127m
Dec 31 2019	US$4m	US$834k	US$287m
Sep 28 2019	n/a	n/a	US$17m
Jun 29 2019	n/a	n/a	US$59m
Mar 30 2019	n/a	n/a	US$8m
Dec 31 2018	US$3m	US$810k	US$3m
Sep 29 2018	n/a	n/a	US$97m
Jun 30 2018	n/a	n/a	US$143m
Mar 31 2018	n/a	n/a	US$194m
Dec 31 2017	US$4m	US$786k	US$247m

Compensation vs Market: Bob's total compensation ($USD5.68M) is above average for companies of similar size in the German market ($USD2.60M).

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

CEO

Bob Steer (64 yo)

4.3yrs

Tenure

US$5,678,799

Compensation

Mr. Robert L. Steer, also known as Bob, has been the President and Chief Executive Officer of Seaboard Corporation since July 20, 2020. Mr. Steer served as the Chief Financial Officer of Seaboard Corporati...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Steer	President & CEO	4.3yrs	US$5.68m	no data
David Rankin	Executive VP & CFO	3.8yrs	US$1.29m	no data
Edward Gonzalez	President of Seaboard Marine Ltd.	19.8yrs	US$2.81m	no data
Jacob Bresky	President and CEO of Seaboard Overseas & Trading Group	1.8yrs	US$1.39m	no data
Barbara Smith	VP, Corporate Controller & Principal Accounting Officer	1.6yrs	no data	no data
David Becker	Executive VP	20.8yrs	no data	no data
Ty Tywater	Senior Vice President of Audit Services	3.8yrs	no data	no data
Oscar Rojo	Chief Executive Officer of Sugar & Alcohol	3.3yrs	no data	no data
Benjamin Hodes	Senior Vice President of Finance	less than a year	no data	no data
Adriana Hoskins	Senior VP & Treasurer	3.8yrs	no data	no data
Armando Rodriguez	Chief Executive Officer of Power	no data	no data	no data
Chad Groves	President & CEO of Seaboard Foods LLC	less than a year	no data	no data

3.8yrs

Average Tenure

54yo

Average Age

Experienced Management: S0V's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Adamsen	Independent Director	29.8yrs	US$90.00k	0.0021% € 55.8k
Douglas Baena	Lead Independent Director	23.8yrs	US$150.00k	0.012% € 320.9k
Paul Squires	Director	8.5yrs	US$80.00k	no data
Ellen Bresky	Chairwoman of the Board of Directors	4.3yrs	US$213.18k	36.47% € 988.4m
Frances Shifman	Independent Director	3.5yrs	US$90.00k	0.0028% € 75.3k

8.5yrs

Average Tenure

72yo

Average Age

Experienced Board: S0V's board of directors are considered experienced (8.5 years average tenure).

Seaboard Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

Seaboard Corporation, Annual General Meeting, Apr 22, 2024

Seaboard Corporation, Annual General Meeting, Apr 26, 2021

Edward I. Shifman Not Stands for Re-Election to the Board of Directors of Seaboard Corporation

Seaboard Corporation Announces Management Changes

Seaboard Corporation Announces Executive Changes

Recent updates

Second quarter dividend of US$2.25 announced

Second quarter 2024 earnings released: EPS: US$62.82 (vs US$44.80 in 2Q 2023)

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on August 19, 2024

First quarter dividend of US$2.25 announced

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on May 20, 2024

Insufficient new directors

Seaboard Corporation, Annual General Meeting, Apr 22, 2024

Fourth quarter dividend of US$2.25 announced

Seaboard Corporation Declares A Quarterly Cash Dividend, Payable on March 4, 2024

Full year 2023 earnings released: EPS: US$202 (vs US$500 in FY 2022)

Third quarter 2023 earnings released: EPS: US$109 (vs US$126 in 3Q 2022)

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on November 20, 2023

Seaboard Corporation (NYSEAM:SEB) announces an Equity Buyback for 189,724 shares, for $600 million.

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on August 21, 2023

Second quarter 2023 earnings released: EPS: US$44.80 (vs US$93.04 in 2Q 2022)

Seaboard Corporation(NYSEAM:SEB) dropped from Russell 1000 Dynamic Index

First quarter 2023 earnings released: US$13.78 loss per share (vs US$88.73 profit in 1Q 2022)

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on May 25, 2023

Full year 2022 earnings released: EPS: US$500 (vs US$491 in FY 2021)

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on March 6, 2023

Third quarter 2022 earnings released: EPS: US$126 (vs US$80.98 in 3Q 2021)

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on November 21, 2022

Second quarter 2022 earnings released: EPS: US$93.04 (vs US$152 in 2Q 2021)

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on August 22, 2022

First quarter 2022 earnings released: EPS: US$88.73 (vs US$154 in 1Q 2021)

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on May 23, 2022

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

Seaboard Corporation Declares a Quarterly Cash Dividend, Payable on March 7, 2022

Third quarter 2021 earnings released: EPS US$80.98 (vs US$133 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$152 (vs US$22.40 loss in 2Q 2020)

First quarter 2021 earnings released: EPS US$154 (vs US$88.50 loss in 1Q 2020)

Seaboard Corporation Declares Quarterly Cash Dividend, Payable on May 24, 2021

Independent Director has left the company

Seaboard Corporation, Annual General Meeting, Apr 26, 2021

Investor sentiment improved over the past week

New 90-day high: €2,780

Full year 2020 earnings released: EPS US$244 (vs US$246 in FY 2019)

New 90-day low: €2,460

Edward I. Shifman Not Stands for Re-Election to the Board of Directors of Seaboard Corporation

Third quarter earnings released

New 90-day high: €2,880

New 90-day high: €2,600

Seaboard Corporation Announces Management Changes

New 90-day low - €2,220

Seaboard Corporation Announces Executive Changes

Seaboard Corporation Announces Demise of Steven J. Bresky

Seaboard Corporation(AMEX:SEB) dropped from Russell 1000 Value-Defensive Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age