Central Garden & Pet Management

Management criteria checks 4/4

Central Garden & Pet's CEO is Niko Lahanas, appointed in Sep 2024, has a tenure of less than a year. total yearly compensation is $770.35K, comprised of 66% salary and 34% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €3.05M. The average tenure of the management team and the board of directors is 3.4 years and 5.6 years respectively.

Key information

Niko Lahanas

Chief executive officer

US$770.4k

Total compensation

CEO salary percentage	66.0%
CEO tenure	less than a year
CEO ownership	0.1%
Management average tenure	3.4yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Niko Lahanas's remuneration changed compared to Central Garden & Pet's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 29 2024	n/a	n/a	US$145m
Mar 30 2024	n/a	n/a	US$148m
Dec 30 2023	n/a	n/a	US$135m
Sep 30 2023	US$770k	US$509k	US$126m
Jun 24 2023	n/a	n/a	US$121m
Mar 25 2023	n/a	n/a	US$113m
Dec 24 2022	n/a	n/a	US$135m
Sep 24 2022	US$864k	US$479k	US$152m
Jun 25 2022	n/a	n/a	US$151m
Mar 26 2022	n/a	n/a	US$152m
Dec 25 2021	n/a	n/a	US$155m
Sep 25 2021	US$978k	US$467k	US$152m
Jun 26 2021	n/a	n/a	US$168m
Mar 27 2021	n/a	n/a	US$161m
Dec 26 2020	n/a	n/a	US$131m
Sep 26 2020	US$3m	US$456k	US$121m
Jun 27 2020	n/a	n/a	US$110m
Mar 28 2020	n/a	n/a	US$87m
Dec 28 2019	n/a	n/a	US$87m
Sep 28 2019	US$2m	US$448k	US$93m
Jun 29 2019	n/a	n/a	US$101m
Mar 30 2019	n/a	n/a	US$96m
Dec 29 2018	n/a	n/a	US$99m
Sep 29 2018	US$759k	US$387k	US$124m

Compensation vs Market: Niko's total compensation ($USD770.35K) is below average for companies of similar size in the German market ($USD1.64M).

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

CEO

Niko Lahanas (55 yo)

less than a year

Tenure

US$770,352

Compensation

Mr. Nicholas Lahanas, also known as Niko, is CEO & Director of Central Garden & Pet Company from September 29, 2024 and served as the Chief Financial Officer since May 22, 2017 until September 29, 2024 and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Brown	Founder & Chairman	44.8yrs	US$784.21k	6.67% € 146.5m
Nicholas Lahanas	CEO & Director	less than a year	US$770.35k	0.14% € 3.0m
Joyce McCarthy	General Counsel & Secretary	2.6yrs	US$822.99k	0.019% € 407.4k
John Walker	President of Garden Consumer Products	7.8yrs	US$852.73k	0.13% € 2.8m
John Hanson	President of Pet Consumer Products	5.3yrs	US$843.95k	0.041% € 909.9k
Brad Smith	Chief Financial Officer	less than a year	no data	0.011% € 237.2k
Howard Machek	Senior VP & Chief Accounting Officer	no data	US$643.95k	0.081% € 1.8m
Chris Walter	Senior VP & Chief Information Officer	13yrs	no data	no data
Friederike Edelmann	Vice President of Investor Relations	4.3yrs	no data	no data
Marilyn Leahy	Interim Senior Vice President of Human Resources	less than a year	no data	no data
Glen Axelrod	Senior Vice President of Dog & Cat Brands	no data	no data	no data
William Pennington	Senior Vice President of Wild Bird	no data	no data	no data

3.4yrs

Average Tenure

59.5yo

Average Age

Experienced Management: GP7's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Brown	Founder & Chairman	44.8yrs	US$784.21k	6.67% € 146.5m
Nicholas Lahanas	CEO & Director	less than a year	US$770.35k	0.14% € 3.0m
Christopher Metz	Independent Director	5.8yrs	US$199.01k	0.019% € 417.3k
Brooks Pennington	Director	26.8yrs	US$239.12k	0.39% € 8.5m
Mary Springer	Lead Independent Director	11.8yrs	US$254.01k	0.020% € 445.6k
John Ranelli	Independent Director	14.6yrs	US$309.51k	0.012% € 256.1k
Michael Griffith	Independent Director	5.4yrs	US$235.01k	0.019% € 407.4k
Courtnee Chun	Independent Director	3.8yrs	US$201.01k	0.016% € 359.3k
Brendan Dougher	Independent Director	4.2yrs	US$224.51k	0.018% € 405.4k
Lisa Coleman	Independent Director	3.2yrs	US$213.51k	0.015% € 318.9k

5.6yrs

Average Tenure

60.5yo

Average Age

Experienced Board: GP7's board of directors are considered experienced (5.6 years average tenure).

Central Garden & Pet Management

Management criteria checks 4/4

Key information

Recent management updates

Central Garden & Pet Company Announces Chief Financial Officer Changes, Effective September 29, 2024

Insufficient new directors

Central Garden & Pet Company, Annual General Meeting, Feb 13, 2024

Central Garden & Pet Company Announces Chief Executive Officer Changes

Director recently sold €952k worth of stock

Central Garden & Pet Company, Annual General Meeting, Feb 07, 2023

Recent updates

Central Garden & Pet Company to Report Q4, 2024 Results on Nov 25, 2024

Central Garden & Pet Company (NasdaqGS:CENT) acquired Leading Edge Associates, Inc/Leading Edge Aero Technologies, Inc.

Central Garden & Pet Company Announces Chief Financial Officer Changes, Effective September 29, 2024

Third quarter 2024 earnings released: EPS: US$1.21 (vs US$1.58 in 3Q 2023)

Central Garden & Pet Company to Report Q3, 2024 Results on Aug 07, 2024

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: EPS: US$0.94 (vs US$0.92 in 2Q 2023)

Central Garden & Pet Company to Report Q2, 2024 Results on May 08, 2024

Paw Love Launches Simply Smoked

Insufficient new directors

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: US$0.008 (vs US$0.16 loss in 1Q 2023)

Central Garden & Pet Company to Report Q1, 2024 Results on Feb 07, 2024

Central Garden & Pet Company, Annual General Meeting, Feb 13, 2024

Full year 2023 earnings released: EPS: US$2.40 (vs US$2.86 in FY 2022)

Central Garden & Pet Company to Report Q4, 2023 Results on Nov 20, 2023

Central Garden & Pet Company (NasdaqGS:CENT) acquired TDBBS, LLC from Bregal Partners, L.P. managed by Bregal Investments Inc.

Central Garden & Pet Company Announces Chief Executive Officer Changes

Director recently sold €952k worth of stock

Third quarter 2023 earnings released: EPS: US$1.58 (vs US$1.42 in 3Q 2022)

Central Garden & Pet Company to Report Q3, 2023 Results on Aug 02, 2023

Central Garden & Pet Company(NasdaqGS:CENT.A) dropped from Russell 2000 Growth-Defensive Index

Second quarter 2023 earnings released: EPS: US$0.92 (vs US$1.30 in 2Q 2022)

First quarter 2023 earnings released: US$0.16 loss per share (vs US$0.17 profit in 1Q 2022)

Central Garden & Pet Company Provides Earnings Guidance for the Fiscal Year 2023

Central Garden & Pet Company to Report Q1, 2023 Results on Jan 31, 2023

Central Garden & Pet Company, Annual General Meeting, Feb 07, 2023

Full year 2022 earnings released: EPS: US$2.86 (vs US$2.82 in FY 2021)

Central Garden & Pet Company Provides Earnings Guidance for the Fiscal Year 2023

Central Garden & Pet Company to Report Q4, 2022 Results on Nov 21, 2022

High number of new directors

Third quarter 2022 earnings released: EPS: US$1.42 (vs US$1.41 in 3Q 2021)

Central Garden & Pet Company Provides Earnings Guidance for the Year 2022

Central Garden & Pet Company to Report Q3, 2022 Results on Aug 03, 2022

Central Garden & Pet Company Revises Earnings Guidance for the Full Fiscal Year 2022

Second quarter 2022 earnings released: EPS: US$1.26 (vs US$1.36 in 2Q 2021)

Central Garden & Pet Company Provides Earnings Guidance for the Fiscal Year 2022

High number of new directors

Central Garden & Pet Company to Report Q2, 2022 Results on May 04, 2022

Central Garden & Pet Company Announces Retirement of George A. Yuhas as General Counsel and Secretary, Effective April 4, 2022

Central Garden & Pet Company Announces Management Changes, Effective April 4, 2022

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Central Garden & Pet Company Provides Earnings Guidance for the Fiscal 2022

Central Garden & Pet Company Provides Earnings Guidance for Fiscal Year 2022

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

Third quarter 2021 earnings released: EPS US$1.37 (vs US$1.29 in 3Q 2020)

Central Garden & Pet Company (NasdaqGS:CENT) acquired D & D Commodities Ltd.

Central Garden & Pet Company Launches New Opticalm Diffuser Based on Consumer Feedback

Second quarter 2021 earnings released: EPS US$1.36 (vs US$0.79 in 2Q 2020)

Central Garden & Pet Company Revises Earnings Guidance for the Year 2021

Central Garden & Pet Company (NasdaqGS:CENT) completed the acquisition of all outstanding shares of Green Garden Products LLC from Freeman Spogli Management Co., L.P. and other shareholders.

Independent Director has left the company

New 90-day high: €40.20

First quarter 2021 earnings released: EPS US$0.10 (vs US$0.081 loss in 1Q 2020)

Revenue beats expectations

Central Garden & Pet Company to Report Q1, 2021 Results on Feb 03, 2021

New 90-day high: €35.80

Central Garden & Pet Company (NasdaqGS:CENT) acquired P&M Solutions, LLC from Michael and Philip Gossling.

Central Garden & Pet Company (NasdaqGS:CENT) signed an agreement to acquire Green Garden Products LLC from Freeman Spogli Management Co., L.P. for approximately $530 million.

Central Garden & Pet Company, Annual General Meeting, Feb 09, 2021

Central Garden & Pet Company (NasdaqGS:CENT) entered into an agreement to acquire Hopewell Nursery, Inc.

New 90-day low: €30.80

Central Garden & Pet Launches Central Ventures

Revenue beats expectations

Full year 2020 earnings released: EPS US$2.23

Central Garden & Pet Company to Report Q4, 2020 Results on Nov 23, 2020

New 90-day high - €36.00

Third quarter earnings released

Central Garden & Pet Company to Report Q3, 2020 Results on Aug 05, 2020