TreeHouse Foods Management

Management criteria checks 3/4

TreeHouse Foods' CEO is Steve Oakland, appointed in Mar 2018, has a tenure of 6.67 years. total yearly compensation is $9.44M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth €9.70M. The average tenure of the management team and the board of directors is 3.3 years and 4.8 years respectively.

Key information

Steve Oakland

Chief executive officer

US$9.4m

Total compensation

CEO salary percentage	11.6%
CEO tenure	6.7yrs
CEO ownership	0.6%
Management average tenure	3.3yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Oakland's remuneration changed compared to TreeHouse Foods's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$25m
Jun 30 2024	n/a	n/a	-US$12m
Mar 31 2024	n/a	n/a	US$27m
Dec 31 2023	US$9m	US$1m	US$59m
Sep 30 2023	n/a	n/a	US$92m
Jun 30 2023	n/a	n/a	US$71m
Mar 31 2023	n/a	n/a	US$25m
Dec 31 2022	US$16m	US$1m	-US$9m
Sep 30 2022	n/a	n/a	-US$80m
Jun 30 2022	n/a	n/a	-US$72m
Mar 31 2022	n/a	n/a	-US$95m
Dec 31 2021	US$6m	US$1m	-US$69m
Sep 30 2021	n/a	n/a	US$23m
Jun 30 2021	n/a	n/a	US$39m
Mar 31 2021	n/a	n/a	US$82m
Dec 31 2020	US$6m	US$1m	-US$55m
Sep 30 2020	n/a	n/a	-US$9m
Jun 30 2020	n/a	n/a	-US$81m
Mar 31 2020	n/a	n/a	-US$129m
Dec 31 2019	US$7m	US$1m	-US$110m
Sep 30 2019	n/a	n/a	-US$130m
Jun 30 2019	n/a	n/a	-US$57m
Mar 31 2019	n/a	n/a	-US$27m
Dec 31 2018	US$11m	US$769k	-US$46m

Compensation vs Market: Steve's total compensation ($USD9.44M) is above average for companies of similar size in the German market ($USD1.64M).

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

CEO

Steve Oakland (63 yo)

6.7yrs

Tenure

US$9,437,097

Compensation

Mr. Steven T. Oakland, also known as Steve, has been the President and Chief Executive Officer of TreeHouse Foods, Inc. since March 26, 2018 and has been its Director since March 02, 2018 and also serves a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Steven Oakland	President	6.7yrs	US$9.44m	0.56% € 9.7m
Patrick O'Donnell	Executive VP & CFO	1.6yrs	US$1.15m	0.020% € 353.2k
Kristy Waterman	Executive VP	3.3yrs	US$2.02m	0.041% € 705.5k
Amit Philip	Senior VP	5.2yrs	US$1.47m	0.054% € 934.9k
Steve Landry	Senior VP & Chief Operations Officer	2.8yrs	no data	no data
Matthew Siler	Vice President of Investor Relations	no data	no data	no data
Thomas O'Neill	Consultant	3.4yrs	US$3.43m	no data
Curt Craig	Senior VP & Chief Supply Chain Officer	3.3yrs	US$1.66m	no data
Jeffrey Haye	Senior VP	2.8yrs	no data	no data
Scott Tassani	Executive VP	less than a year	no data	no data
Lee Wise	VP & Treasurer	7.3yrs	no data	no data

3.3yrs

Average Tenure

52yo

Average Age

Experienced Management: T4H's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Steven Oakland	President	6.7yrs	US$9.44m	0.56% € 9.7m
Joseph Scalzo	Independent Director	2.6yrs	US$274.71k	0.018% € 313.4k
Jean Spence	Independent Director	6.2yrs	US$287.21k	0.0040% € 68.7k
Jason Tyler	Independent Director	5.6yrs	US$282.21k	0.016% € 278.1k
Scott Ostfeld	Independent Director	2.6yrs	US$274.71k	no data
Adam DeWitt	Independent Director	less than a year	no data	0.0027% € 47.6k
Linda Massman	Lead Independent Director	8.3yrs	US$309.71k	0.052% € 902.2k
Jill Rahman	Independent Director	4yrs	US$272.21k	0.028% € 494.7k

4.8yrs

Average Tenure

60yo

Average Age

Experienced Board: T4H's board of directors are considered experienced (4.8 years average tenure).

TreeHouse Foods Management

Management criteria checks 3/4

Key information

Recent management updates

TreeHouse Foods, Inc., Annual General Meeting, Apr 25, 2024

TreeHouse Foods, Inc. Appoints Scott Tassani as Executive Vice President, Business President and Chief Commercial Officer, Effective February 5, 2024

TreeHouse Foods, Inc. Announces Board Changes

TreeHouse Foods, Inc. Announces Timothy Smith to Step Down as Senior Vice President, Division President

Independent Director recently sold €377k worth of stock

Independent Chair of the Board recently sold €234k worth of stock

Recent updates

Third quarter 2024 earnings released: US$0.066 loss per share (vs US$0.17 profit in 3Q 2023)

TreeHouse Foods, Inc. (NYSE:THS) announces an Equity Buyback for $400 million worth of its shares.

TreeHouse Foods Announces Voluntary Recall of Certain Waffle Products Due to the Potential for Listeria Monocytogenes Contamination

TreeHouse Foods, Inc. to Report Q3, 2024 Results on Nov 12, 2024

Second quarter 2024 earnings released: US$0.32 loss per share (vs US$0.42 profit in 2Q 2023)

TreeHouse Foods, Inc. Provides Earnings Guidance for the Third Quarter of the Fiscal Year 2024; Reaffirms Sales Guidance for 2024

TreeHouse Foods, Inc. to Report Q2, 2024 Results on Aug 05, 2024

TreeHouse Foods, Inc.(NYSE:THS) dropped from Russell Small Cap Comp Growth Index

TreeHouse Foods, Inc. Provides Earnings Guidance for the Second Quarter of the Fiscal Year 2024

First quarter 2024 earnings released: US$0.22 loss per share (vs US$0.34 profit in 1Q 2023)

TreeHouse Foods, Inc. to Report Q1, 2024 Results on May 06, 2024

TreeHouse Foods, Inc., Annual General Meeting, Apr 25, 2024

Full year 2023 earnings released: EPS: US$1.06 (vs US$0.16 loss in FY 2022)

TreeHouse Foods, Inc. Provides Financial Guidance for the First Quarter and Full Year of Fiscal 2024

TreeHouse Foods, Inc. Appoints Scott Tassani as Executive Vice President, Business President and Chief Commercial Officer, Effective February 5, 2024

TreeHouse Foods, Inc. to Report Q4, 2023 Results on Feb 16, 2024

TreeHouse Foods, Inc. Announces Board Changes

TreeHouse Foods, Inc. Announces Timothy Smith to Step Down as Senior Vice President, Division President

Third quarter 2023 earnings released: EPS: US$0.17 (vs US$0.27 loss in 3Q 2022)

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.

TreeHouse Foods, Inc. to Report Q3, 2023 Results on Nov 06, 2023

John B. Sanfilippo & Son, Inc. (NasdaqGS:JBSS) signed a definitive agreement to acquire Certain Assets Relating to the Snack Bars Business Unit of TreeHouse Foods, Inc. (NYSE:THS) for $63 million.

Second quarter 2023 earnings released: EPS: US$0.39 (vs US$0.68 loss in 2Q 2022)

TreeHouse Foods, Inc. to Report Q2, 2023 Results on Aug 07, 2023

TreeHouse Foods, Inc. (NYSE:THS) completed the acquisition of Direct Ship Business, Including its Northlake, Texas Facility, of Farmer Bros. Co. (NasdaqGS:FARM).

Independent Director recently sold €377k worth of stock

Treehouse Foods, Inc. Provides Revenue Guidance for the Second Quarter and Fiscal Year 2023

TreeHouse Foods, Inc. (NYSE:THS) entered into a definitive agreement to acquire Direct Ship Business, Including its Northlake, Texas Facility, of Farmer Bros. Co. (NasdaqGS:FARM) for $100 million.

First quarter 2023 earnings released: EPS: US$0.34 (vs US$0.05 loss in 1Q 2022)

TreeHouse Foods, Inc. Reaffirms Earnings Guidance for the Year 2023; Provides Earnings Guidance for the Second Quarter and Six Months of 2023

Independent Chair of the Board recently sold €234k worth of stock

TreeHouse Foods, Inc. Provides Earnings Guidance for the First Quarter and Fiscal Year 2023 and for the Fiscal Year 2024

Full year 2022 earnings released: US$0.29 loss per share (vs US$0.48 loss in FY 2021)

TreeHouse Foods, Inc. to Report Q4, 2022 Results on Feb 13, 2023

High number of new directors

Third quarter 2022 earnings released: US$0.27 loss per share (vs US$0.12 profit in 3Q 2021)

TreeHouse Foods, Inc. Provides Financial Guidance for the Fourth Quarter of 2022 and for Fiscal Year 2023

TreeHouse Foods, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Independent Chair of the Board recently sold €748k worth of stock

Investindustrial VII L.P. managed by InvestIndustrial entered into an agreement to acquire Significant Portion of Meal Preparation business from TreeHouse Foods, Inc. (NYSE:THS) for approximately $950 million.

Treehouse Foods, Inc. Revises Earnings Guidance for the Year 2022

Second quarter 2022 earnings released: US$0.55 loss per share (vs US$0.093 loss in 2Q 2021)

TreeHouse Foods, Inc. to Report Q2, 2022 Results on Aug 08, 2022

InvestIndustrial Reportedly in Talks to Acquire TreeHouse Meal-Prep Unit

TreeHouse Foods, Inc. Announces Chief Financial Officer Change

TreeHouse Foods, Inc. Reaffirms Earnings Guidance for the Full Year 2022

High number of new directors

First quarter 2022 earnings released: US$0.05 loss per share (vs US$0.007 profit in 1Q 2021)

TreeHouse Foods, Inc. Reaffirms Earnings Guidance for the Full Year 2022

High number of new directors

TreeHouse Foods, Inc. Announces Board Changes

TreeHouse Foods, Inc. Announces Board Changes

TreeHouse Foods, Inc. to Report Q1, 2022 Results on May 09, 2022

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

TreeHouse Foods, Inc. Provides Sales Guidance for the Full Year 2022

Insider recently bought €149k worth of stock

JANA Partners Engages in Discussions with TreeHouse Foods

Third quarter 2021 earnings released: EPS US$0.12 (vs US$0.20 in 3Q 2020)

Second quarter 2021 earnings released: US$0.093 loss per share (vs US$0.046 loss in 2Q 2020)

Independent Director Gary Smith has left the company

TreeHouse Foods, Inc.(NYSE:THS) dropped from Russell Midcap Index

Insider recently sold €509k worth of stock

TreeHouse Foods, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2021

Independent Director has left the company

Independent Director has left the company

Senior VP & COO has left the company

Senior VP & COO recently sold €65k worth of stock

TreeHouse Foods, Inc., Annual General Meeting, Apr 29, 2021

Treehouse Foods, Inc. Announces Appointment of Board of Directors