Lancaster Colony Management
Management criteria checks 4/4
Lancaster Colony's CEO is Dave Ciesinski, appointed in Apr 2016, has a tenure of 8.67 years. total yearly compensation is $5.42M, comprised of 17.3% salary and 82.7% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth $13.08M. The average tenure of the management team and the board of directors is 3.9 years and 6.8 years respectively.
Key information
Dave Ciesinski
Chief executive officer
US$5.4m
Total compensation
| CEO salary percentage | 17.3% |
| CEO tenure | 8.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.9yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
Lancaster Colony: A Great Consumer Food Business Comes At A Price
Nov 21Lancaster Colony Corporation's (NASDAQ:LANC) Business Is Trailing The Market But Its Shares Aren't
Oct 29
Why You Should Care About Lancaster Colony's (NASDAQ:LANC) Strong Returns On Capital
Sep 18Lancaster Colony Corporation (NASDAQ:LANC) Just Released Its Full-Year Earnings: Here's What Analysts Think
Aug 25I Have Soured On Lancaster Colony
Aug 23Calculating The Intrinsic Value Of Lancaster Colony Corporation (NASDAQ:LANC)
Jun 28Lancaster Colony: Consolidation Looks Likely Over The Near Term
Jun 11Returns On Capital At Lancaster Colony (NASDAQ:LANC) Have Stalled
Apr 20Lancaster Colony Is Fundamentally Sound But A Bit Overpriced
Feb 23Market Participants Recognise Lancaster Colony Corporation's (NASDAQ:LANC) Earnings
Feb 01Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital
Jan 10Lancaster Colony: Upside Is Limited From Here
Oct 18Lancaster Colony Non-GAAP EPS of $1.35 beats by $0.55, revenue of $452.41M beats by $36.88M
Aug 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$159m |
| Jun 30 2024 | US$5m | US$935k | US$158m |
| Mar 31 2024 | n/a | n/a | US$133m |
| Dec 31 2023 | n/a | n/a | US$129m |
| Sep 30 2023 | n/a | n/a | US$117m |
| Jun 30 2023 | US$5m | US$890k | US$111m |
| Mar 31 2023 | n/a | n/a | US$131m |
| Dec 31 2022 | n/a | n/a | US$102m |
| Sep 30 2022 | n/a | n/a | US$96m |
| Jun 30 2022 | US$4m | US$845k | US$89m |
| Mar 31 2022 | n/a | n/a | US$92m |
| Dec 31 2021 | n/a | n/a | US$125m |
| Sep 30 2021 | n/a | n/a | US$136m |
| Jun 30 2021 | US$4m | US$820k | US$142m |
| Mar 31 2021 | n/a | n/a | US$141m |
| Dec 31 2020 | n/a | n/a | US$134m |
| Sep 30 2020 | n/a | n/a | US$133m |
| Jun 30 2020 | US$4m | US$800k | US$137m |
| Mar 31 2020 | n/a | n/a | US$139m |
| Dec 31 2019 | n/a | n/a | US$148m |
| Sep 30 2019 | n/a | n/a | US$152m |
| Jun 30 2019 | US$4m | US$775k | US$150m |
| Mar 31 2019 | n/a | n/a | US$150m |
| Dec 31 2018 | n/a | n/a | US$147m |
| Sep 30 2018 | n/a | n/a | US$145m |
| Jun 30 2018 | US$3m | US$750k | US$135m |
Compensation vs Market: Dave's total compensation ($USD5.42M) is below average for companies of similar size in the US market ($USD8.00M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Ciesinski (58 yo)
8.7yrs
Tenure
US$5,415,614
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.7yrs | US$5.42m | 0.26% $ 13.1m | |
| VP, Assistant Secretary & CFO | 5.7yrs | US$2.03m | 0.056% $ 2.8m | |
| Executive Director | less than a year | US$754.63k | 24.71% $ 1.2b | |
| President of Retail Division at T. Marzetti Company | 6.2yrs | US$1.40m | 0.026% $ 1.3m | |
| President of Foodservice Division of T. Marzetti Company | 5.3yrs | US$1.42m | 0.019% $ 951.1k | |
| Chief Supply Chain Officer of T. Marzetti Company | 1.6yrs | US$1.33m | 0.013% $ 665.3k | |
| Vice President of Corporate Finance | 1.9yrs | no data | no data | |
| General Counsel | no data | no data | no data | |
| VP & Corporate Controller | 2.6yrs | no data | no data |
3.9yrs
Average Tenure
58yo
Average Age
Experienced Management: LANC's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.4yrs | US$5.42m | 0.26% $ 13.1m | |
| Executive Director | 39.9yrs | US$754.63k | 24.71% $ 1.2b | |
| Independent Chairman | 16.6yrs | US$271.88k | 0.089% $ 4.5m | |
| Independent Director | 33.9yrs | US$216.88k | 1.12% $ 56.5m | |
| Independent Director | 5.1yrs | US$224.38k | 0.014% $ 682.4k | |
| Independent Director | 6.1yrs | US$212.51k | 0.015% $ 779.0k | |
| Independent Director | 1.3yrs | US$178.71k | 0.0052% $ 263.7k | |
| Independent Director | 10.1yrs | US$232.51k | 0.028% $ 1.4m | |
| Independent Director | 1.9yrs | US$189.96k | 0.0050% $ 250.1k | |
| Independent Director | 3.8yrs | US$223.13k | 0.022% $ 1.1m |
6.8yrs
Average Tenure
64yo
Average Age
Experienced Board: LANC's board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 .
Analyst Sources
Lancaster Colony Corporation is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Todd Brooks | Benchmark Company |
| Andrew Wolf | CL King & Associates, Inc. |