Greif Management

Management criteria checks 2/4

Greif's CEO is Ole Rosgaard, appointed in Feb 2022, has a tenure of 2.75 years. total yearly compensation is $4.35M, comprised of 22.5% salary and 77.5% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth €6.08M. The average tenure of the management team and the board of directors is 2.8 years and 2.7 years respectively.

Key information

Ole Rosgaard

Chief executive officer

US$4.4m

Total compensation

CEO salary percentage	22.5%
CEO tenure	2.8yrs
CEO ownership	0.2%
Management average tenure	2.8yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ole Rosgaard's remuneration changed compared to Greif's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	US$267m
Apr 30 2024	n/a	n/a	US$270m
Jan 31 2024	n/a	n/a	US$337m
Oct 31 2023	US$4m	US$981k	US$359m
Jul 31 2023	n/a	n/a	US$391m
Apr 30 2023	n/a	n/a	US$442m
Jan 31 2023	n/a	n/a	US$456m
Oct 31 2022	US$5m	US$827k	US$377m
Jul 31 2022	n/a	n/a	US$382m
Apr 30 2022	n/a	n/a	US$353m
Jan 31 2022	n/a	n/a	US$378m
Oct 31 2021	US$2m	US$602k	US$391m
Jul 31 2021	n/a	n/a	US$331m
Apr 30 2021	n/a	n/a	US$238m
Jan 31 2021	n/a	n/a	US$100m
Oct 31 2020	US$1m	US$550k	US$109m
Jul 31 2020	n/a	n/a	US$129m
Apr 30 2020	n/a	n/a	US$171m
Jan 31 2020	n/a	n/a	US$174m
Oct 31 2019	US$2m	US$507k	US$171m
Jul 31 2019	n/a	n/a	US$146m
Apr 30 2019	n/a	n/a	US$151m
Jan 31 2019	n/a	n/a	US$183m
Oct 31 2018	US$2m	US$460k	US$209m

Compensation vs Market: Ole's total compensation ($USD4.35M) is above average for companies of similar size in the German market ($USD1.90M).

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

CEO

Ole Rosgaard (60 yo)

2.8yrs

Tenure

US$4,352,908

Compensation

Mr. Ole G. Rosgaard serves as President and Chief Executive Officer at Greif, Inc since February 01, 2022 and serves as its Director since March 01, 2022. He served as Chief Operating Officer at Greif, Inc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ole Rosgaard	President	2.8yrs	US$4.35m	0.18% € 6.1m
Lawrence Hilsheimer	Executive VP & CFO	10.5yrs	US$5.55m	0.51% € 17.0m
Gary Martz	Executive VP	22.8yrs	US$3.65m	0.19% € 6.4m
Bala Sathyanarayanan	Executive VP & Chief Human Resources Officer	6yrs	US$2.06m	0.079% € 2.6m
Timothy Bergwall	Senior VP and Group President of Paper Packaging & Services & Soterra LLC	5.8yrs	US$2.98m	0.13% € 4.2m
Kimberly Kellermann	Senior Vice President of Global Operations Group	2.8yrs	no data	0.017% € 548.5k
Michael Taylor	VP, Corporate Controller & Chief Accounting Officer	2.5yrs	no data	0.0028% € 92.1k
Vivian Bouet	VP and Chief Information & Digital Officer	1.9yrs	no data	no data
Bill D'Onofrio	Vice President of Investor Relations & Corporate Development	less than a year	no data	no data
Tina Schoner	Senior VP & Chief Supply Chain Officer	2.8yrs	no data	0.0021% € 70.5k
Patrick Mullaney	Senior VP & Group President of Global Industrial Packaging	2.8yrs	no data	0.028% € 934.1k
Anthony Krabill	VP & Corporate Treasurer	2.5yrs	no data	0.0046% € 152.6k

2.8yrs

Average Tenure

54yo

Average Age

Experienced Management: GR3's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ole Rosgaard	President	2.7yrs	US$4.35m	0.18% € 6.1m
B. Rose	Director	less than a year	no data	0.0032% € 104.7k
Bruce Edwards	Chairman & Independent Lead Director	18.8yrs	US$367.00k	0.12% € 3.9m
Mark Emkes	Independent Director	16.8yrs	US$272.00k	0.082% € 2.7m
Robert Patterson	Independent Director	4.7yrs	US$272.00k	0.055% € 1.8m
John McNamara	Independent Director	15.3yrs	US$257.00k	8.15% € 270.9m
Karen Morrison	Independent Director	2.7yrs	US$252.00k	0.014% € 474.4k
Jillian Evanko	Director	less than a year	no data	0.0031% € 103.4k
Kimberly Scott	Independent Director	2.7yrs	US$257.00k	0.014% € 474.4k
Frank Miller	Independent Director	1.8yrs	US$217.00k	0.0090% € 300.5k

2.7yrs

Average Tenure

56.5yo

Average Age

Experienced Board: GR3's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Greif Management

Management criteria checks 2/4

Key information

Recent management updates

Greif, Inc. Announces Vicki Avril-Groves Retires from Board of Directors, Effective November 1, 2024

Greif, Inc. Elects Andy Rose to Its Board of Directors

High number of new directors

Jillian Evanko Joins Greif, Inc.'s Board of Directors

Executive VP recently sold €2.9m worth of stock

Executive VP & CFO recently sold €2.7m worth of stock

Recent updates

Investor sentiment improves as stock rises 17%

Greif, Inc. to Report Q4, 2024 Results on Dec 04, 2024

Greif, Inc. Announces Vicki Avril-Groves Retires from Board of Directors, Effective November 1, 2024

Third quarter dividend of US$0.54 announced

Third quarter 2024 earnings released: EPS: US$1.85 (vs US$1.93 in 3Q 2023)

Greif, Inc. Declares Quarterly Cash Dividends, Payable on October 1, 2024

Greif, Inc. Elects Andy Rose to Its Board of Directors

PSC Group LLC acquired Delta Petroleum Company, Inc. from Greif, Inc. (NYSE:GEF).

Greif, Inc. to Report Q3, 2024 Results on Aug 28, 2024

High number of new directors

Second quarter dividend of US$0.52 announced

New major risk - Financial position

Second quarter 2024 earnings released: EPS: US$0.94 (vs US$2.35 in 2Q 2023)

Jillian Evanko Joins Greif, Inc.'s Board of Directors

Greif, Inc. to Report Q2, 2024 Results on Jun 05, 2024

Executive VP recently sold €2.9m worth of stock

Greif, Inc. (NYSE:GEF) completed the acquisition of Ipackchem Group SAS from SK Capital Partners, LP and other shareholders.

Executive VP & CFO recently sold €2.7m worth of stock

Upcoming dividend of US$0.52 per share

First quarter 2024 earnings released: EPS: US$1.44 (vs US$1.90 in 1Q 2023)

Greif, Inc. Declares Quarterly Cash Dividends on Class B Common Stock, Payable on April 1, 2024

Greif, Inc. to Report Q1, 2024 Results on Feb 28, 2024

Full year 2023 earnings released: EPS: US$7.63 (vs US$7.81 in FY 2022)

Greif, Inc. Declares Quarterly Cash Dividends on Its Class B Common Stock, Payable on January 1, 2024

Greif, Inc. (NYSE:GEF) signed an agreement to acquire Ipackchem Group SAS from SK Capital Partners, LP and other shareholders for $538 million.

Greif, Inc. to Report Q4, 2023 Results on Dec 06, 2023

Upcoming dividend of US$0.52 per share at 3.0% yield

Greif, Inc. Declares Quarterly Cash Dividends, Payable on October 1, 2023

Third quarter 2023 earnings released: EPS: US$1.93 (vs US$2.94 in 3Q 2022)

Greif, Inc. to Report Q3, 2023 Results on Aug 30, 2023

Greif, Inc.(NYSE:GEF) dropped from Russell 2000 Growth Index

Greif, Inc. DeclareS Quarterly Cash Dividends, Payable on July 1, 2023

Second quarter 2023 earnings released: EPS: US$2.35 (vs US$2.57 in 2Q 2022)

Senior VP & Chief Supply Chain Officer recently bought €57k worth of stock

First quarter 2023 earnings released: EPS: US$1.90 (vs US$0.21 in 1Q 2022)

Greif, Inc. Announces Management Changes

Greif, Inc. to Report Q1, 2023 Results on Mar 01, 2023

Greif, Inc., Annual General Meeting, Feb 28, 2023

Executive VP & CFO recently sold €299k worth of stock

Full year 2022 earnings released: EPS: US$7.91 (vs US$8.05 in FY 2021)

Greif, Inc. Declares Quarterly Cash Dividend, Payable on January 1, 2023

High number of new directors

Greif, Inc. (NYSE : GEF) entered into a definitive agreement to acquire Lee Container Corporation, Inc. for $300 million.

High number of new directors

High number of new directors

Insider recently sold €66k worth of stock

Upcoming dividend of US$0.50 per share

Third quarter 2022 earnings released: EPS: US$2.94 (vs US$2.33 in 3Q 2021)

Greif, Inc. Appoints Roel Vestjens to its Board of Directors

Greif, Inc. Declares Increased Quarterly Dividends, Payable on October 1, 2022

Greif, Inc. to Report Q3, 2022 Results on Aug 31, 2022

Independent Director recently sold €358k worth of stock

Greif, Inc. Provides Earnings Guidance for the Fiscal Year 2022

Second quarter 2022 earnings released: EPS: US$2.57 (vs US$3.09 in 2Q 2021)

Greif, Inc. Declares Quarterly Dividend, Payable on July 1, 2022

Greif, Inc. to Report Q2, 2022 Results on Jun 08, 2022

Gulf Refined Packaging completed the acquisition of remaining 50% stake in Flexible Packaging Joint Venture of Greif, Inc. (NYSE:GEF).

Upcoming dividend of US$0.46 per share

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

Greif, Inc. Reports Impairment Results for the First Quarter Ended January 31, 2021

Greif, Inc. Announces Election of Two New Board Members

Greif, Inc. to Report Q1, 2022 Results on Mar 02, 2022

Greif, Inc. Announces New Executive Leadership Team

Gulf Refined Packaging entered into a definitive agreement to acquire remaining 50% stake in Flexible Packaging Joint Venture of Greif, Inc. (NYSE:GEF) for approximately $120 million.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Greif, Inc. Provides Earnings Guidance for the Fiscal Year 2022

Independent Director Judith Hook has left the company

Independent Director Judith Hook has left the company

Independent Director Judith Hook has left the company