Freshpet Management
Management criteria checks 3/4
Freshpet's CEO is Billy Cyr, appointed in Sep 2016, has a tenure of 7.67 years. total yearly compensation is $914.92K, comprised of 67.8% salary and 32.2% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $8.48M. The average tenure of the management team and the board of directors is 4.3 years and 4.9 years respectively.
Key information
Billy Cyr
Chief executive officer
US$914.9k
Total compensation
| CEO salary percentage | 67.8% |
| CEO tenure | 7.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.3yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
With Freshpet, Inc. (NASDAQ:FRPT) It Looks Like You'll Get What You Pay For
Apr 26
Freshpet, Inc. (NASDAQ:FRPT) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 29Freshpet (NASDAQ:FRPT) Is Making Moderate Use Of Debt
Feb 20Short Freshpet: Replaceable Product, No Moat
Feb 12Why Investors Shouldn't Be Surprised By Freshpet, Inc.'s (NASDAQ:FRPT) P/S
Dec 28Does Freshpet (NASDAQ:FRPT) Have A Healthy Balance Sheet?
Nov 02Freshpet, Inc. (NASDAQ:FRPT) Not Lagging Industry On Growth Or Pricing
Jul 05Here's Why Freshpet (NASDAQ:FRPT) Can Afford Some Debt
Jun 08Health Check: How Prudently Does Freshpet (NASDAQ:FRPT) Use Debt?
Jan 16Is Freshpet, Inc. (NASDAQ:FRPT) Potentially Undervalued?
Dec 10Freshpet: Shares Haven't Fallen Enough Yet
Sep 21Is There Now An Opportunity In Freshpet, Inc. (NASDAQ:FRPT)?
Sep 04Is Freshpet (NASDAQ:FRPT) A Risky Investment?
Aug 10Freshpet: Zombie Stock #2 - Could Fall Further As Fed Raises Rates
Jun 30Freshpet Has A Lot Of Potential, But Also Significant Risks
May 12Freshpet Q1 Earnings: Stock Still Overpriced
May 03Freshpet: Put This Stock In The Doghouse
Feb 17Freshpet: Valuation Finally Beginning To Improve
Feb 09We Think Freshpet (NASDAQ:FRPT) Needs To Drive Business Growth Carefully
Jan 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$34m |
| Sep 30 2023 | n/a | n/a | -US$52m |
| Jun 30 2023 | n/a | n/a | -US$63m |
| Mar 31 2023 | n/a | n/a | -US$67m |
| Dec 31 2022 | US$915k | US$620k | -US$59m |
| Sep 30 2022 | n/a | n/a | -US$66m |
| Jun 30 2022 | n/a | n/a | -US$49m |
| Mar 31 2022 | n/a | n/a | -US$36m |
| Dec 31 2021 | US$885k | US$600k | -US$30m |
| Sep 30 2021 | n/a | n/a | -US$24m |
| Jun 30 2021 | n/a | n/a | -US$18m |
| Mar 31 2021 | n/a | n/a | -US$10m |
| Dec 31 2020 | US$16m | US$600k | -US$3m |
| Sep 30 2020 | n/a | n/a | US$5m |
| Jun 30 2020 | n/a | n/a | US$4m |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | US$1m | US$600k | -US$1m |
| Sep 30 2019 | n/a | n/a | -US$4m |
| Jun 30 2019 | n/a | n/a | -US$7m |
| Mar 31 2019 | n/a | n/a | -US$5m |
| Dec 31 2018 | US$1m | US$600k | -US$5m |
| Sep 30 2018 | n/a | n/a | -US$6m |
| Jun 30 2018 | n/a | n/a | -US$6m |
| Mar 31 2018 | n/a | n/a | -US$5m |
| Dec 31 2017 | US$1m | US$600k | -US$4m |
Compensation vs Market: Billy's total compensation ($USD914.92K) is below average for companies of similar size in the US market ($USD8.44M).
Compensation vs Earnings: Billy's compensation has increased whilst the company is unprofitable.
CEO
Billy Cyr (60 yo)
7.7yrs
Tenure
US$914,920
Compensation
Mr. William B. Cyr, also known as Billy, has been Chief Executive Officer of Freshpet, Inc. since September 6, 2016. Mr. Cyr joined Freshpet with experience in key consumer packaged foods leadership roles...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.7yrs | US$914.92k | 0.16% $ 8.5m | |
| Co-Founder | 18.3yrs | US$669.08k | 0.69% $ 36.7m | |
| Co-Founder | 18.3yrs | US$564.61k | 0.24% $ 12.6m | |
| Chief Financial Officer | 1.4yrs | US$3.05m | 0.039% $ 2.0m | |
| Chief Human Resources Officer | 3.8yrs | US$407.73k | 0% $ 0 | |
| Chief Accounting Officer | less than a year | no data | 0.0052% $ 277.3k | |
| Executive VP of Manufacturing | 1.3yrs | no data | no data | |
| Chief Information Officer | less than a year | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior Vice President of Sales | 11.3yrs | no data | no data | |
| Senior Vice President of Engineering | 10.3yrs | no data | no data | |
| Senior Vice President of Business Development | 4.3yrs | no data | no data |
4.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: FRPT's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.7yrs | US$914.92k | 0.16% $ 8.5m | |
| Independent Director | 9.5yrs | US$194.96k | 0.061% $ 3.2m | |
| Independent Director | less than a year | no data | 0.050% $ 2.6m | |
| Independent Director | less than a year | no data | 0% $ 0 | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 9.5yrs | US$187.46k | 0.096% $ 5.1m | |
| Independent Director | 13.3yrs | US$187.46k | 0.11% $ 6.0m | |
| Independent Director | 5.3yrs | US$179.96k | 0.018% $ 938.8k | |
| Independent Director | less than a year | no data | 0.0039% $ 205.3k | |
| Independent Director | less than a year | no data | 0.0022% $ 114.8k | |
| Independent Director | 5.7yrs | US$179.96k | 0.020% $ 1.1m | |
| Independent Director | 4.6yrs | US$184.96k | 0.013% $ 710.2k |
4.9yrs
Average Tenure
63.5yo
Average Age
Experienced Board: FRPT's board of directors are considered experienced (4.9 years average tenure).