Flowers Foods, Inc.

BMV:FLO * Stock Report

Market Cap: Mex$41.5b

Flowers Foods Management

Management criteria checks 2/4

Flowers Foods' CEO is A. McMullian, appointed in May 2019, has a tenure of 6.5 years. total yearly compensation is $7.94M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 1.23% of the company’s shares, worth MX$510.70M. The average tenure of the management team and the board of directors is 5.8 years and 5.8 years respectively.

Key information

A. McMullian

Chief executive officer

US$7.9m

Total compensation

CEO salary percentage12.43%
CEO tenure6.5yrs
CEO ownership1.2%
Management average tenure5.8yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has A. McMullian's remuneration changed compared to Flowers Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 04 2025n/an/a

US$194m

Jul 12 2025n/an/a

US$219m

Apr 19 2025n/an/a

US$228m

Dec 28 2024US$8mUS$988k

US$248m

Oct 05 2024n/an/a

US$241m

Jul 13 2024n/an/a

US$129m

Apr 20 2024n/an/a

US$126m

Dec 30 2023US$6mUS$954k

US$123m

Oct 07 2023n/an/a

US$136m

Jul 15 2023n/an/a

US$224m

Apr 22 2023n/an/a

US$214m

Dec 31 2022US$6mUS$918k

US$228m

Oct 08 2022n/an/a

US$219m

Jul 16 2022n/an/a

US$217m

Apr 23 2022n/an/a

US$220m

Jan 01 2022US$6mUS$896k

US$206m

Oct 09 2021n/an/a

US$223m

Jul 17 2021n/an/a

US$228m

Apr 24 2021n/an/a

US$230m

Jan 02 2021US$5mUS$726k

US$152m

Oct 03 2020n/an/a

US$99m

Jul 11 2020n/an/a

US$98m

Apr 18 2020n/an/a

US$93m

Dec 28 2019US$4mUS$641k

US$165m

Compensation vs Market: A.'s total compensation ($USD7.94M) is above average for companies of similar size in the MX market ($USD480.36K).

Compensation vs Earnings: A.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

A. McMullian (55 yo)

6.5yrs
Tenure
US$7,944,533
Compensation

Mr. A. Ryals McMullian, Jr., serves as Chairman of Board at Flowers Foods, Inc. since May 25, 2023. He is Chief Executive Officer of Flowers Foods, Inc. since May 23, 2019, served as its President since Ma...


Leadership Team

NamePositionTenureCompensationOwnership
A. McMullian
CEO & Chairman of Board6.5yrsUS$7.94m1.23%
MX$ 510.7m
Heeth Varnedoe
President & COO2.8yrsUS$2.60m0.025%
MX$ 10.4m
R. Kinsey
Chief Financial Officer5.6yrsUS$2.66m0.23%
MX$ 95.0m
Stephanie Tillman
Chief Legal Counsel & Corporate Secretary5.8yrsUS$1.92m0.033%
MX$ 13.6m
Terry Thomas
Chief Growth Officer2.2yrsUS$2.60m0.024%
MX$ 9.8m
Mark Chaffin
Chief Information Officer5.8yrsno data0.028%
MX$ 11.8m
James Rieck
Executive VP of Finance & Investor Relations9.3yrsno datano data
Brenda Smith
Compliance Managerno datano datano data
Cindy Cox
Chief Human Resources Officer2.8yrsno data0.0080%
MX$ 3.3m
David Roach
Chief Strategic Projects Officer8.5yrsno data0.072%
MX$ 29.9m
H. Courtney
Chief Brand Officer6.5yrsUS$1.33m0.036%
MX$ 15.0m
Tom Winters
Chief Supply Chain Officer3.6yrsno data0.012%
MX$ 5.1m
5.8yrs
Average Tenure
57yo
Average Age

Experienced Management: FLO *'s management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
A. McMullian
CEO & Chairman of Board6.3yrsUS$7.94m1.23%
MX$ 510.7m
George Deese
Independent Non-Executive Director21.4yrsUS$255.12k1.46%
MX$ 604.5m
James Spear
Independent Director10.8yrsUS$280.12k0.043%
MX$ 18.0m
Edward Casey
Independent Director5.3yrsUS$255.12k0.016%
MX$ 6.4m
Melvin Stith
Independent Director21.3yrsUS$255.12k0.021%
MX$ 8.7m
Thomas Chubb
Independent Presiding Director5.3yrsUS$295.12k0.022%
MX$ 9.0m
Margaret Lewis
Independent Director11.5yrsUS$281.38k0.040%
MX$ 16.5m
Joanne Smith
Independent Director2.1yrsUS$265.23k0.0043%
MX$ 1.8m
Rhonda Gass
Independent Director9.8yrsUS$272.33k0.029%
MX$ 12.1m
William McFadden
Independent Director4.8yrsUS$265.12k0.25%
MX$ 104.9m
Sterling Spainhour
Directorless than a yearno datano data
Brigitte King
Independent Director2.1yrsUS$266.68k0.0022%
MX$ 916.5k
5.8yrs
Average Tenure
63.5yo
Average Age

Experienced Board: FLO *'s board of directors are considered experienced (5.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/29 09:13
End of Day Share Price 2025/09/26 00:00
Earnings2025/10/04
Annual Earnings2024/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Flowers Foods, Inc. is covered by 23 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Donald McLeeBerenberg
Kenneth ZaslowBMO Capital Markets Equity Research
Amit SharmaBMO Capital Markets Equity Research