SunOpta Management
Management criteria checks 2/4
SunOpta's CEO is Joe Ennen, appointed in Apr 2019, he has a tenure of 4.17 years. His total yearly compensation is $7.80M , comprised of 9.9% salary and 90.1% bonuses, including company stock and options. He directly owns 1.64% of the company’s shares, worth $12.99M. The average tenure of the management team and the board of directors is 4 years and 4 years respectively.
Key information
Joe Ennen
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 9.9% |
| CEO tenure | 4.2yrs |
| CEO ownership | 1.6% |
| Management average tenure | 4yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Capital Allocation Trends At SunOpta (NASDAQ:STKL) Aren't Ideal
Mar 03
Does SunOpta (NASDAQ:STKL) Have A Healthy Balance Sheet?
Nov 24Returns On Capital At SunOpta (NASDAQ:STKL) Have Hit The Brakes
Nov 09SunOpta to sell sunflower & roasted snacks business to Pacific Avenue
Oct 13SunOpta Inc.'s (NASDAQ:STKL) Intrinsic Value Is Potentially 93% Above Its Share Price
Aug 12SunOpta Inc. Just Recorded A 11% Revenue Beat: Here's What Analysts Think
Aug 12SunOpta: Fairly Valued Today But Potentially Attractive For Speculators In The Future
Jul 04Is SunOpta (NASDAQ:STKL) A Risky Investment?
Jun 17Here's What's Concerning About SunOpta's (NASDAQ:STKL) Returns On Capital
May 05SunOpta: Turning In The Right Direction
Feb 19SunOpta signs new $250M asset-based credit facility with a $75M term loan; reduces net debt by ~$355M
Jan 04SunOpta to offload its Global Ingredients business to Amsterdam Commodities N.V. for €330M
Nov 10SunOpta -7% despite posting margin improvements to Q3 earnings beat
Oct 29CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Apr 01 2023 | n/a | n/a | -US$12m |
| Dec 31 2022 | US$8m | US$771k | -US$13m |
| Oct 01 2022 | n/a | n/a | -US$11m |
| Jul 02 2022 | n/a | n/a | -US$1m |
| Apr 02 2022 | n/a | n/a | -US$5m |
| Jan 01 2022 | US$2m | US$743k | -US$5m |
| Oct 02 2021 | n/a | n/a | -US$43m |
| Jul 03 2021 | n/a | n/a | -US$46m |
| Apr 03 2021 | n/a | n/a | -US$52m |
| Jan 02 2021 | US$3m | US$741k | -US$53m |
| Sep 26 2020 | n/a | n/a | -US$40m |
| Jun 27 2020 | n/a | n/a | -US$47m |
| Mar 28 2020 | n/a | n/a | -US$51m |
| Dec 28 2019 | US$9m | US$512k | -US$21m |
Compensation vs Market: Joe's total compensation ($USD7.80M) is above average for companies of similar size in the US market ($USD3.56M).
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
CEO
Joe Ennen (56 yo)
4.2yrs
Tenure
US$7,801,397
Compensation
Mr. Joseph D. Ennen, also known as Joe, has been Chief Executive Officer and Director of SunOpta Inc since April 1, 2019. He served as President and Chief Executive Officer of Columbus Craft Meats since 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.2yrs | US$7.80m | 1.64% $ 13.0m | |
| Chief Financial Officer | 3.8yrs | US$2.56m | 0.57% $ 4.5m | |
| General Counsel | 8.9yrs | US$1.35m | 0.13% $ 1.1m | |
| Senior Vice President of Supply Chain | 4.4yrs | US$1.02m | 0.15% $ 1.2m | |
| Senior VP and GM of Plant-Based Foods & Beverages | no data | US$1.26m | 0.16% $ 1.2m | |
| Chief Information Officer | 6.3yrs | no data | 0.071% $ 562.3k | |
| Senior Vice President of Sales | 2.4yrs | no data | no data | |
| Senior Vice President of Global Sourcing | 3.8yrs | no data | 0.044% $ 351.7k | |
| Senior Vice President of R&D | less than a year | no data | 0.049% $ 390.4k |
4.0yrs
Average Tenure
56yo
Average Age
Experienced Management: STKL's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.2yrs | US$7.80m | 1.64% $ 13.0m | |
| Independent Director | 22.5yrs | US$185.50k | 0.20% $ 1.6m | |
| Independent Director | 1.9yrs | US$178.50k | 0.0079% $ 62.9k | |
| Independent Director | 6.7yrs | US$175.50k | 0.14% $ 1.1m | |
| Independent Chair of the Board | 6.7yrs | US$251.50k | 0.42% $ 3.3m | |
| Independent Director | 3.9yrs | US$181.50k | 0.053% $ 420.9k | |
| Independent Director | 3.9yrs | US$190.50k | 0.059% $ 468.4k | |
| Independent Director | less than a year | no data | no data |
4.0yrs
Average Tenure
63yo
Average Age
Experienced Board: STKL's board of directors are considered experienced (4 years average tenure).