Vital Farms Management
Management criteria checks 2/4
Vital Farms' CEO is Russell Diez-Canseco, appointed in May 2019, has a tenure of 5.33 years. total yearly compensation is $3.16M, comprised of 21.8% salary and 78.2% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth $14.10M. The average tenure of the management team and the board of directors is 1.5 years and 4.8 years respectively.
Key information
Russell Diez-Canseco
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | 21.8% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.9% |
| Management average tenure | 1.5yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Vital Farms: Peak Margin Confirmed, Expect Valuation To Normalize
Sep 09Is Now The Time To Put Vital Farms (NASDAQ:VITL) On Your Watchlist?
Aug 28
With A 31% Price Drop For Vital Farms, Inc. (NASDAQ:VITL) You'll Still Get What You Pay For
Aug 09Vital Farms: Admirable Business, But Q2 May Not Be As Resilient As Q1
Jul 29Capital Investments At Vital Farms (NASDAQ:VITL) Point To A Promising Future
Jul 15What Is Vital Farms, Inc.'s (NASDAQ:VITL) Share Price Doing?
Jun 26We Take A Look At Why Vital Farms, Inc.'s (NASDAQ:VITL) CEO Compensation Is Well Earned
Jun 06A Compelling Pair Trade: Long Cal-Maine Foods/ Short Vital Farms
May 20Vital Farms, Inc.'s (NASDAQ:VITL) 54% Price Boost Is Out Of Tune With Earnings
May 10Be Wary Of Vital Farms (NASDAQ:VITL) And Its Returns On Capital
Apr 08Vital Farms: Company Of Great Merit, Yet Shrouded By Costly Valuation
Apr 06Vital Farms: Great Business, But Overpriced
Mar 28We Think Vital Farms' (NASDAQ:VITL) Profit Is Only A Baseline For What They Can Achieve
Mar 15Vital Farms, Inc. (NASDAQ:VITL) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable
Mar 06Calculating The Fair Value Of Vital Farms, Inc. (NASDAQ:VITL)
Feb 22The Returns At Vital Farms (NASDAQ:VITL) Aren't Growing
Dec 04Capital Allocation Trends At Vital Farms (NASDAQ:VITL) Aren't Ideal
May 31Vital Farms: Only Catalysts Playing Out Can Justify Current Pricing
Sep 01Vital Farms Q2 2022 Earnings Preview
Aug 03Vital Farms: Taking Market Share In The Egg Distribution Space
May 30Vital Farms: Revisiting The Investment Thesis
Mar 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$47m |
| Mar 31 2024 | n/a | n/a | US$37m |
| Dec 31 2023 | US$3m | US$687k | US$26m |
| Sep 24 2023 | n/a | n/a | US$20m |
| Jun 25 2023 | n/a | n/a | US$16m |
| Mar 26 2023 | n/a | n/a | US$10m |
| Dec 25 2022 | US$2m | US$625k | US$1m |
| Sep 25 2022 | n/a | n/a | -US$4m |
| Jun 26 2022 | n/a | n/a | -US$6m |
| Mar 27 2022 | n/a | n/a | -US$3m |
| Dec 26 2021 | US$2m | US$486k | US$2m |
| Sep 26 2021 | n/a | n/a | US$5m |
| Jun 27 2021 | n/a | n/a | US$8m |
| Mar 28 2021 | n/a | n/a | US$10m |
| Dec 27 2020 | US$1m | US$391k | US$9m |
| Sep 27 2020 | n/a | n/a | US$5m |
| Jun 28 2020 | n/a | n/a | US$4m |
| Mar 29 2020 | n/a | n/a | US$1m |
| Dec 29 2019 | US$3m | US$328k | US$2m |
Compensation vs Market: Russell's total compensation ($USD3.16M) is below average for companies of similar size in the US market ($USD5.54M).
Compensation vs Earnings: Russell's compensation has increased by more than 20% in the past year.
CEO
Russell Diez-Canseco (52 yo)
5.3yrs
Tenure
US$3,155,173
Compensation
Mr. Russell Diez-Canseco has been President and Chief Executive Officer of Vital Farms, Inc. since May 1, 2019 and as a Member of Board of Directors since December 2019 and served as Chief Operating Office...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 15.7yrs | no data | 16.75% $ 253.6m | |
| President | 5.3yrs | US$3.16m | 0.93% $ 14.1m | |
| CFO, Chief Accounting Officer & principal accounting officer | 1.5yrs | US$1.67m | 0.016% $ 245.7k | |
| Advisor | less than a year | US$1.34m | 0.056% $ 850.9k | |
| General Counsel | 3.4yrs | US$1.19m | 0.041% $ 627.0k | |
| Chief Sales Officer | 3.9yrs | US$1.34m | 0.047% $ 705.6k | |
| Chief Marketing Officer | 2.7yrs | no data | 0.028% $ 421.7k | |
| Chief People Officer | no data | no data | no data | |
| Senior Vice President of Strategy | no data | no data | 0.040% $ 599.6k | |
| Chief Supply Chain Officer | no data | no data | no data | |
| Controller | no data | no data | no data |
1.5yrs
Average Tenure
52yo
Average Age
Experienced Management: VITL's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 15.7yrs | no data | 16.75% $ 253.6m | |
| President | 4.8yrs | US$3.16m | 0.93% $ 14.1m | |
| Lead Independent Director | 4.8yrs | US$167.51k | 0.039% $ 591.5k | |
| Independent Director | 4.2yrs | US$147.51k | 0.060% $ 907.7k | |
| Independent Director | 4.8yrs | US$165.01k | 0.035% $ 522.4k | |
| Independent Director | 9.7yrs | US$170.01k | 0.32% $ 4.9m | |
| Independent Director | 4.3yrs | US$157.51k | 0.081% $ 1.2m | |
| Independent Director | 3.7yrs | US$142.51k | 0.054% $ 812.4k |
4.8yrs
Average Tenure
55yo
Average Age
Experienced Board: VITL's board of directors are considered experienced (4.8 years average tenure).