Lancaster Colony Corporation

NasdaqGS:LANC Stock Report

Market Cap: US$5.3b

Lancaster Colony Management

Management criteria checks 3/4

Lancaster Colony's CEO is Dave Ciesinski, appointed in Apr 2016, has a tenure of 8.08 years. total yearly compensation is $5.03M, comprised of 17.7% salary and 82.3% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $11.94M. The average tenure of the management team and the board of directors is 3.3 years and 6.2 years respectively.

Key information

Dave Ciesinski

Chief executive officer

US$5.0m

Total compensation

CEO salary percentage17.7%
CEO tenure8.1yrs
CEO ownership0.2%
Management average tenure3.3yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

Returns On Capital At Lancaster Colony (NASDAQ:LANC) Have Stalled

Apr 20
Returns On Capital At Lancaster Colony (NASDAQ:LANC) Have Stalled

Lancaster Colony Is Fundamentally Sound But A Bit Overpriced

Feb 23

Market Participants Recognise Lancaster Colony Corporation's (NASDAQ:LANC) Earnings

Feb 01
Market Participants Recognise Lancaster Colony Corporation's (NASDAQ:LANC) Earnings

Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital

Jan 10
Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital

An Intrinsic Calculation For Lancaster Colony Corporation (NASDAQ:LANC) Suggests It's 36% Undervalued

Dec 20
An Intrinsic Calculation For Lancaster Colony Corporation (NASDAQ:LANC) Suggests It's 36% Undervalued

Lancaster Colony (NASDAQ:LANC) Will Pay A Larger Dividend Than Last Year At $0.90

Nov 12
Lancaster Colony (NASDAQ:LANC) Will Pay A Larger Dividend Than Last Year At $0.90

Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital

Oct 04
Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital

Some Investors May Be Worried About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Jun 24
Some Investors May Be Worried About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Some Investors May Be Worried About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Mar 19
Some Investors May Be Worried About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Lancaster Colony (NASDAQ:LANC) Is Increasing Its Dividend To $0.85

Feb 26
Lancaster Colony (NASDAQ:LANC) Is Increasing Its Dividend To $0.85

Here's What's Concerning About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Dec 08
Here's What's Concerning About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Lancaster Colony (NASDAQ:LANC) Is Increasing Its Dividend To $0.85

Nov 17
Lancaster Colony (NASDAQ:LANC) Is Increasing Its Dividend To $0.85

Lancaster Colony: Upside Is Limited From Here

Oct 18

Lancaster Colony Non-GAAP EPS of $1.35 beats by $0.55, revenue of $452.41M beats by $36.88M

Aug 25

Returns On Capital Signal Tricky Times Ahead For Lancaster Colony (NASDAQ:LANC)

Aug 24
Returns On Capital Signal Tricky Times Ahead For Lancaster Colony (NASDAQ:LANC)

Lancaster Colony declares $0.80 dividend

Aug 17

Lancaster Colony: A Colony Of Market Leading Businesses

Aug 01

Lancaster Colony Remains Dead Money

Jul 06

Are Lancaster Colony Corporation (NASDAQ:LANC) Investors Paying Above The Intrinsic Value?

Jun 06
Are Lancaster Colony Corporation (NASDAQ:LANC) Investors Paying Above The Intrinsic Value?

Lancaster Colony (NASDAQ:LANC) Is Reinvesting At Lower Rates Of Return

May 20
Lancaster Colony (NASDAQ:LANC) Is Reinvesting At Lower Rates Of Return

Continue To Avoid Lancaster Colony

May 03

Lancaster Colony Is Still Expensive

Feb 28

Lancaster Colony's (NASDAQ:LANC) Upcoming Dividend Will Be Larger Than Last Year's

Feb 27
Lancaster Colony's (NASDAQ:LANC) Upcoming Dividend Will Be Larger Than Last Year's

Lancaster Colony (NASDAQ:LANC) Could Be Struggling To Allocate Capital

Feb 12
Lancaster Colony (NASDAQ:LANC) Could Be Struggling To Allocate Capital

Lancaster Colony: An Excellent Company With A Hefty Price Tag

Nov 22

CEO Compensation Analysis

How has Dave Ciesinski's remuneration changed compared to Lancaster Colony's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$133m

Dec 31 2023n/an/a

US$129m

Sep 30 2023n/an/a

US$117m

Jun 30 2023US$5mUS$890k

US$111m

Mar 31 2023n/an/a

US$131m

Dec 31 2022n/an/a

US$102m

Sep 30 2022n/an/a

US$96m

Jun 30 2022US$4mUS$845k

US$89m

Mar 31 2022n/an/a

US$92m

Dec 31 2021n/an/a

US$125m

Sep 30 2021n/an/a

US$136m

Jun 30 2021US$4mUS$820k

US$142m

Mar 31 2021n/an/a

US$141m

Dec 31 2020n/an/a

US$134m

Sep 30 2020n/an/a

US$133m

Jun 30 2020US$4mUS$800k

US$137m

Mar 31 2020n/an/a

US$139m

Dec 31 2019n/an/a

US$148m

Sep 30 2019n/an/a

US$152m

Jun 30 2019US$4mUS$775k

US$150m

Mar 31 2019n/an/a

US$150m

Dec 31 2018n/an/a

US$147m

Sep 30 2018n/an/a

US$145m

Jun 30 2018US$3mUS$750k

US$135m

Mar 31 2018n/an/a

US$131m

Dec 31 2017n/an/a

US$118m

Sep 30 2017n/an/a

US$111m

Jun 30 2017US$2mUS$615k

US$115m

Compensation vs Market: Dave's total compensation ($USD5.03M) is below average for companies of similar size in the US market ($USD8.44M).

Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.


CEO

Dave Ciesinski (57 yo)

8.1yrs

Tenure

US$5,029,587

Compensation

Mr. David A. Ciesinski, also known as Dave, serves as Independent Director at Essential Utilities, Inc. since July 2, 2021. Mr. Ciesinski has been Chief Executive Officer of Lancaster Colony Corporation si...


Leadership Team

NamePositionTenureCompensationOwnership
David Ciesinski
President8.1yrsUS$5.03m0.23%
$ 11.9m
Thomas Pigott
VP, Assistant Secretary & CFO5.1yrsUS$1.87m0.045%
$ 2.4m
John Gerlach
Executive Directorless than a yearUS$315.79k24.03%
$ 1.3b
Carl Stealey
President of Retail Division at T. Marzetti Company5.6yrsUS$1.29m0.019%
$ 1.0m
Kristin Bird
President of Foodservice Division of T. Marzetti Company4.7yrsUS$1.31m0.012%
$ 643.6k
Luis Viso
Chief Supply Chain Officer of T. Marzetti Companyless than a yearUS$1.16m0.0094%
$ 496.3k
Dale Ganobsik
Vice President of Corporate Finance1.3yrsno datano data
Matthew Shurte
General Counselno datano datano data
Janet Murch
VP & Corporate Controller2yrsno datano data

3.3yrs

Average Tenure

57yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
David Ciesinski
President6.8yrsUS$5.03m0.23%
$ 11.9m
John Gerlach
Executive Director39.3yrsUS$315.79k24.03%
$ 1.3b
Alan Harris
Independent Chairman16yrsUS$234.36k0.086%
$ 4.5m
Robert Fox
Independent Director33.3yrsUS$216.86k1.26%
$ 66.5m
Barbara Brasier
Independent Director4.5yrsUS$214.98k0.011%
$ 585.2k
Michael Keown
Independent Director5.5yrsUS$206.86k0.013%
$ 686.2k
George Knight
Independent Directorless than a yearno data0.0025%
$ 132.5k
Robert Ostryniec
Independent Director9.5yrsUS$229.98k0.026%
$ 1.4m
Zena Arnold
Independent Director1.3yrsUS$18.75k0.0025%
$ 132.5k
Elliot Fullen
Independent Director3.3yrsUS$214.98k0.0083%
$ 439.0k

6.2yrs

Average Tenure

63yo

Average Age

Experienced Board: LANC's board of directors are considered experienced (6.2 years average tenure).


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