MGP Ingredients, Inc.

NasdaqGS:MGPI Stock Report

Market Cap: US$1.0b

MGP Ingredients Management

Management criteria checks 2/4

MGP Ingredients' CEO is David Bratcher, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $1.88M, comprised of 26.6% salary and 73.4% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $1.31M. The average tenure of the management team and the board of directors is 2 years and 3.4 years respectively.

Key information

David Bratcher

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage26.6%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure2yrs
Board average tenure3.4yrs

Recent management updates

Recent updates

MGP Ingredients (NASDAQ:MGPI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Nov 07
MGP Ingredients (NASDAQ:MGPI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

MGP Ingredients (NASDAQ:MGPI) Has Announced A Dividend Of $0.12

Nov 04
MGP Ingredients (NASDAQ:MGPI) Has Announced A Dividend Of $0.12

MGP Ingredients: Getting Caught In Weak Spirit Demand In Q3

Oct 21

MGP Ingredients (NASDAQ:MGPI) Has A Pretty Healthy Balance Sheet

Oct 19
MGP Ingredients (NASDAQ:MGPI) Has A Pretty Healthy Balance Sheet

Positive Sentiment Still Eludes MGP Ingredients, Inc. (NASDAQ:MGPI) Following 27% Share Price Slump

Oct 19
Positive Sentiment Still Eludes MGP Ingredients, Inc. (NASDAQ:MGPI) Following 27% Share Price Slump

MGP Ingredients, Inc.'s (NASDAQ:MGPI) Earnings Haven't Escaped The Attention Of Investors

Aug 27
MGP Ingredients, Inc.'s (NASDAQ:MGPI) Earnings Haven't Escaped The Attention Of Investors

Intrinsic Valuation Of MGP Ingredients Reveals It's Overvalued

Aug 04

MGP Ingredients (NASDAQ:MGPI) Seems To Use Debt Quite Sensibly

Jul 12
MGP Ingredients (NASDAQ:MGPI) Seems To Use Debt Quite Sensibly

MGP Ingredients: Modest Organic Growth Likely Ahead After 2024 Distillery Closure

Jun 18

MGP Ingredients, Inc. (NASDAQ:MGPI) Might Not Be As Mispriced As It Looks

May 24
MGP Ingredients, Inc. (NASDAQ:MGPI) Might Not Be As Mispriced As It Looks

MGP Ingredients: Tax Tariff Extension And Move Away From White Goods

Feb 07

We Think MGP Ingredients (NASDAQ:MGPI) Can Stay On Top Of Its Debt

Jan 05
We Think MGP Ingredients (NASDAQ:MGPI) Can Stay On Top Of Its Debt

MGP Ingredients, Inc.'s (NASDAQ:MGPI) P/E Is On The Mark

Dec 18
MGP Ingredients, Inc.'s (NASDAQ:MGPI) P/E Is On The Mark

Is Now The Time To Look At Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?

Nov 30
Is Now The Time To Look At Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?

Is MGP Ingredients (NASDAQ:MGPI) Using Too Much Debt?

May 23
Is MGP Ingredients (NASDAQ:MGPI) Using Too Much Debt?

Is There An Opportunity With MGP Ingredients, Inc.'s (NASDAQ:MGPI) 34% Undervaluation?

May 07
Is There An Opportunity With MGP Ingredients, Inc.'s (NASDAQ:MGPI) 34% Undervaluation?

What Is MGP Ingredients, Inc.'s (NASDAQ:MGPI) Share Price Doing?

Mar 09
What Is MGP Ingredients, Inc.'s (NASDAQ:MGPI) Share Price Doing?

Does MGP Ingredients (NASDAQ:MGPI) Have A Healthy Balance Sheet?

Jan 15
Does MGP Ingredients (NASDAQ:MGPI) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has David Bratcher's remuneration changed compared to MGP Ingredients's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$107m

Jun 30 2024n/an/a

US$96m

Mar 31 2024n/an/a

US$96m

Dec 31 2023US$2mUS$500k

US$106m

Sep 30 2023n/an/a

US$98m

Jun 30 2023n/an/a

US$109m

Mar 31 2023n/an/a

US$102m

Dec 31 2022US$2mUS$475k

US$109m

Sep 30 2022n/an/a

US$118m

Jun 30 2022n/an/a

US$118m

Mar 31 2022n/an/a

US$112m

Dec 31 2021US$1mUS$343k

US$91m

Compensation vs Market: David's total compensation ($USD1.88M) is below average for companies of similar size in the US market ($USD3.21M).

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

CEO

David Bratcher (56 yo)

less than a year

Tenure

US$1,876,948

Compensation

Mr. David S. Bratcher served as President of Branded Spirits at MGP Ingredients, Inc. since 2021 until January 1, 2024 and served as its Chief Operating Officer since July 06, 2021 until December 2023 & se...

Leadership Team

NamePositionTenureCompensationOwnership
David Bratcher
CEO, President & Directorless than a yearUS$1.88m0.13%
$ 1.3m
Brandon Gall
VP of Finance5.6yrsUS$1.67m0.058%
$ 589.3k
Amel Pasagic
VP & Chief Commercial Officerless than a yearUS$1.08m0.053%
$ 539.7k
David Colyott
Executive Vice President of Operationsless than a yearno datano data
Clodualdo Maningat
Chief Science Officer and VP of Ingredients Research & Development9.1yrsno datano data
Amit Sharma
Vice President of Investor Relationsless than a yearno datano data
Kathleen Molamphy
VP, General Counsel & Corporate Secretaryless than a yearno datano data
Greg Manis
Corporate Director of Communicationsno datano datano data
Fletcher Buchman
Vice President of Marketing3.1yrsno datano data
Erika Lapish
VP & Chief Human Resources Officer3.5yrsUS$708.88k0.0025%
$ 25.5k
Mark Davidson
Corporate Controller5.4yrsno datano data

2.0yrs

Average Tenure

56yo

Average Age

Experienced Management: MGPI's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
David Bratcher
CEO, President & Directorless than a yearUS$1.88m0.13%
$ 1.3m
Kevin Rauckman
Independent Director3.4yrsUS$170.50k0.019%
$ 195.9k
Thomas Gerke
Independent Director3.4yrsUS$172.50k0.031%
$ 311.9k
Donn Lux
Director3.4yrsUS$162.50k12.02%
$ 122.0m
Todd Siwak
Independent Director2.5yrsUS$162.50k0.021%
$ 218.3k
Karen Seaberg
Independent Chairperson15.3yrsUS$227.50k1.54%
$ 15.6m
Neha Clark
Independent Director3.4yrsUS$177.50k0.019%
$ 189.4k
Lori Mingus
Independent Director4.4yrsUS$162.50k0.20%
$ 2.1m
Preet Michelson
Independent Director2.5yrsUS$162.50k0.020%
$ 206.8k

3.4yrs

Average Tenure

61yo

Average Age

Experienced Board: MGPI's board of directors are considered experienced (3.4 years average tenure).