Seneca Foods Corporation

NasdaqGS:SENE.B Stock Report

Market Cap: US$482.8m

Seneca Foods Management

Management criteria checks 4/4

Seneca Foods' CEO is Paul Palmby, appointed in Oct 2020, has a tenure of 4.08 years. total yearly compensation is $1.20M, comprised of 62.8% salary and 37.2% bonuses, including company stock and options. directly owns 2.67% of the company’s shares, worth $12.91M. The average tenure of the management team and the board of directors is 11.8 years and 4 years respectively.

Key information

Paul Palmby

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage62.8%
CEO tenure4.1yrs
CEO ownership2.7%
Management average tenure11.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Palmby's remuneration changed compared to Seneca Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 28 2024n/an/a

US$41m

Jun 29 2024n/an/a

US$53m

Mar 31 2024US$1mUS$751k

US$63m

Dec 30 2023n/an/a

US$33m

Sep 30 2023n/an/a

US$36m

Jul 01 2023n/an/a

US$27m

Mar 31 2023US$1mUS$748k

US$9m

Dec 31 2022n/an/a

US$44m

Oct 01 2022n/an/a

US$41m

Jul 02 2022n/an/a

US$37m

Mar 31 2022US$998kUS$688k

US$46m

Jan 01 2022n/an/a

US$59m

Oct 02 2021n/an/a

US$113m

Jul 03 2021n/an/a

US$119m

Mar 31 2021US$788kUS$512k

US$126m

Dec 26 2020n/an/a

US$132m

Sep 26 2020n/an/a

US$84m

Jun 27 2020n/an/a

US$70m

Mar 31 2020US$493kUS$384k

US$51m

Dec 28 2019n/an/a

US$21m

Sep 28 2019n/an/a

-US$23m

Jun 29 2019n/an/a

-US$33m

Mar 31 2019US$437kUS$383k

-US$37m

Dec 29 2018n/an/a

-US$28m

Sep 29 2018n/an/a

US$1m

Jun 30 2018n/an/a

US$9m

Mar 31 2018US$425kUS$372k

US$10m

Compensation vs Market: Paul's total compensation ($USD1.20M) is below average for companies of similar size in the US market ($USD2.22M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.

CEO

Paul Palmby (61 yo)

4.1yrs

Tenure

US$1,195,063

Compensation

Mr. Paul L. Palmby has been the Director of First Bancshares, Inc. since First Mid Bancshares since November 19, 2024. He serves as the President and Chief Executive Officer at Seneca Foods Corporation sin...

Leadership Team

NamePositionTenureCompensationOwnership
Paul Palmby
President4.1yrsUS$1.20m2.67%
$ 12.9m
Michael Wolcott
CFO, Treasurer & Senior VP1.6yrsUS$499.63k0.37%
$ 1.8m
Timothy Nelson
Senior VP of Operations and President of Fruit & Snackno dataUS$598.31k0.056%
$ 271.8k
Dean Erstad
Senior Vice President of Sales & Marketing23.8yrsUS$586.50k0.067%
$ 325.4k
Mary Sagona
Vice President of Accountingno datano datano data
Carl Cichetti
Chief Information Officer and Senior VP of Technology & Planning18.8yrsUS$179.55kno data
Julie Roloson
Senior VP of Human Resources & Chief Administrative Officerno datano datano data
John Exner
General Counsel & Secretary18.8yrsno datano data
Aaron Girard
Senior Vice President of Logistics14.8yrsno datano data
Matthew Henschler
Senior Vice President of Technical Services & Development8.8yrsno datano data
Gregory Ide
VP, Corporate Controller & Assistant Secretary3.9yrsno data0.015%
$ 72.7k

11.8yrs

Average Tenure

56yo

Average Age

Experienced Management: SENE.B's management team is seasoned and experienced (11.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Paul Palmby
President3.4yrsUS$1.20m2.67%
$ 12.9m
Kraig Kayser
Non-Executive Chairman3yrsUS$80.00k6.6%
$ 31.9m
John Gaylord
Independent Director15.1yrsUS$80.00k0.015%
$ 70.1k
Peter Call
Independent Director13.8yrsUS$80.00k0.088%
$ 427.2k
Linda Nelson
Independent Director3.8yrsUS$80.00kno data
Keith Woodward
Independent Director6.3yrsUS$80.00k0.0073%
$ 35.1k
Donald Stuart
Director4yrsUS$80.00k2.21%
$ 10.7m
Kathryn Boor
Independent Director5.8yrsUS$80.00kno data
Bruce Ware
Independent Director1.3yrsUS$53.33kno data

4.0yrs

Average Tenure

63yo

Average Age

Experienced Board: SENE.B's board of directors are considered experienced (4 years average tenure).