Seneca Foods Management
Management criteria checks 4/4
Seneca Foods' CEO is Paul Palmby, appointed in Oct 2020, has a tenure of 3.58 years. total yearly compensation is $1.13M, comprised of 66.1% salary and 33.9% bonuses, including company stock and options. directly owns 2.59% of the company’s shares, worth $10.98M. The average tenure of the management team and the board of directors is 11.3 years and 3.5 years respectively.
Key information
Paul Palmby
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 66.1% |
| CEO tenure | 3.6yrs |
| CEO ownership | 2.6% |
| Management average tenure | 11.3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Seneca Foods (NASDAQ:SENE.A)
Feb 13
Seneca Foods (NASDAQ:SENE.A) Might Have The Makings Of A Multi-Bagger
Jun 15Seneca Foods (NASDAQ:SENE.A) Is Doing The Right Things To Multiply Its Share Price
Oct 05Does Seneca Foods (NASDAQ:SENE.A) Have A Healthy Balance Sheet?
Aug 18Seneca Foods (NASDAQ:SENE.A) Is Doing The Right Things To Multiply Its Share Price
Jun 14Seneca Foods' (NASDAQ:SENE.A) Returns On Capital Are Heading Higher
Oct 08Seneca Foods (NASDAQ:SENE.A) Is Reinvesting To Multiply In Value
May 07We Think Seneca Foods (NASDAQ:SENE.A) Can Manage Its Debt With Ease
Apr 13Introducing Seneca Foods (NASDAQ:SENE.A), A Stock That Climbed 80% In The Last Three Years
Mar 02Here's Why I Think Seneca Foods (NASDAQ:SENE.A) Is An Interesting Stock
Feb 09
What We Make Of Seneca Foods' (NASDAQ:SENE.A) Returns On Capital
Jan 19These 4 Measures Indicate That Seneca Foods (NASDAQ:SENE.A) Is Using Debt Reasonably Well
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 30 2023 | n/a | n/a | US$33m |
| Sep 30 2023 | n/a | n/a | US$36m |
| Jul 01 2023 | n/a | n/a | US$27m |
| Mar 31 2023 | US$1m | US$748k | US$9m |
| Dec 31 2022 | n/a | n/a | US$44m |
| Oct 01 2022 | n/a | n/a | US$41m |
| Jul 02 2022 | n/a | n/a | US$37m |
| Mar 31 2022 | US$998k | US$688k | US$46m |
| Jan 01 2022 | n/a | n/a | US$59m |
| Oct 02 2021 | n/a | n/a | US$113m |
| Jul 03 2021 | n/a | n/a | US$119m |
| Mar 31 2021 | US$788k | US$512k | US$126m |
| Dec 26 2020 | n/a | n/a | US$132m |
| Sep 26 2020 | n/a | n/a | US$84m |
| Jun 27 2020 | n/a | n/a | US$70m |
| Mar 31 2020 | US$493k | US$384k | US$51m |
| Dec 28 2019 | n/a | n/a | US$21m |
| Sep 28 2019 | n/a | n/a | -US$23m |
| Jun 29 2019 | n/a | n/a | -US$33m |
| Mar 31 2019 | US$437k | US$383k | -US$37m |
| Dec 29 2018 | n/a | n/a | -US$28m |
| Sep 29 2018 | n/a | n/a | US$1m |
| Jun 30 2018 | n/a | n/a | US$9m |
| Mar 31 2018 | US$425k | US$372k | US$10m |
Compensation vs Market: Paul's total compensation ($USD1.13M) is below average for companies of similar size in the US market ($USD2.45M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
CEO
Paul Palmby (60 yo)
3.6yrs
Tenure
US$1,132,606
Compensation
Mr. Paul L. Palmby serves as the President and Chief Executive Officer at Seneca Foods Corporation since October 01, 2020 and served as Chief Operating Officer for Seneca Foods Corp. since January 1, 2006...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.6yrs | US$1.13m | 2.59% $ 11.0m | |
| Senior VP of Operations and President of Fruit & Snack | no data | US$513.66k | 0.048% $ 205.0k | |
| Senior Vice President of Sales & Marketing | 23.3yrs | US$511.19k | 0.059% $ 250.3k | |
| CFO, Treasurer & Senior VP | 1.1yrs | no data | 0.35% $ 1.5m | |
| Vice President of Accounting | no data | no data | no data | |
| Chief Information Officer and Senior VP of Technology & Planning | 18.3yrs | US$179.55k | no data | |
| General Counsel & Secretary | 18.3yrs | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Logistics | 14.3yrs | no data | no data | |
| Senior Vice President of Technical Services & Development | 8.3yrs | no data | no data | |
| VP, Corporate Controller & Assistant Secretary | 3.4yrs | no data | 0.0085% $ 36.2k |
11.3yrs
Average Tenure
55yo
Average Age
Experienced Management: SENE.A's management team is seasoned and experienced (11.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | US$1.13m | 2.59% $ 11.0m | |
| Non-Executive Chairman | 2.5yrs | US$80.00k | 3.99% $ 16.9m | |
| Independent Director | 14.6yrs | US$80.00k | 0.014% $ 59.6k | |
| Independent Director | 13.3yrs | US$80.00k | 0.086% $ 363.4k | |
| Independent Director | 3.3yrs | US$80.00k | no data | |
| Independent Director | 5.8yrs | US$80.00k | 0.0070% $ 29.8k | |
| Director | 3.5yrs | US$80.00k | 0.98% $ 4.2m | |
| Independent Director | 5.3yrs | US$80.00k | no data | |
| Independent Director | less than a year | no data | no data |
3.5yrs
Average Tenure
62yo
Average Age
Experienced Board: SENE.A's board of directors are considered experienced (3.5 years average tenure).