Brown-Forman Management
Management criteria checks 3/4
Brown-Forman's CEO is Lawson Whiting, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is $13.19M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth $2.85M. The average tenure of the management team and the board of directors is 3 years and 6 years respectively.
Key information
Lawson Whiting
Chief executive officer
US$13.2m
Total compensation
| CEO salary percentage | 9.5% |
| CEO tenure | 5.8yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Brown-Forman: This Dividend Aristocrat Hasn't Been This Interesting For Years
Oct 23When Big Tech Craters, Head To The Liquor Cabinet: Buy Brown-Forman
Jul 23Brown-Forman Stock: Down 40% From Its Highs, Still Not A Buy
Jun 07Brown-Forman Stock: A Good Buy Now After The Drop?
Dec 08Brown-Forman: Patience Mandated For Dividend Seekers
Sep 25Brown-Forman: Does Not Deserve This Premium
Jun 03Diageo And Brown-Forman: Like Them Both But For Different Reasons
Jan 06Brown-Forman: Not A Compelling Idea - Softening Volumes, Weaker Margins, And High Valuation
Dec 08Brown-Forman to buy Diplomático Rum brand
Oct 06Brown-Forman to acquire the famous Gin Mare brands based in Europe
Sep 06Brown-Forman: Shares Are A Hold, Valuation Concerns Are Overblown
Aug 25Brown-Forman: Sound Business, Multiple Contraction Remains A Danger
Mar 15Don't Buy Brown-Forman At This Valuation Because Even Quality Has A Price
Dec 13Brown-Forman declares $0.1795 dividend
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 31 2024 | n/a | n/a | US$988m |
| Apr 30 2024 | US$13m | US$1m | US$1b |
| Jan 31 2024 | n/a | n/a | US$965m |
| Oct 31 2023 | n/a | n/a | US$780m |
| Jul 31 2023 | n/a | n/a | US$765m |
| Apr 30 2023 | US$10m | US$1m | US$783m |
| Jan 31 2023 | n/a | n/a | US$727m |
| Oct 31 2022 | n/a | n/a | US$886m |
| Jul 31 2022 | n/a | n/a | US$895m |
| Apr 30 2022 | US$8m | US$1m | US$838m |
| Jan 31 2022 | n/a | n/a | US$807m |
| Oct 31 2021 | n/a | n/a | US$767m |
| Jul 31 2021 | n/a | n/a | US$771m |
| Apr 30 2021 | US$9m | US$1m | US$903m |
| Jan 31 2021 | n/a | n/a | US$911m |
| Oct 31 2020 | n/a | n/a | US$923m |
| Jul 31 2020 | n/a | n/a | US$965m |
| Apr 30 2020 | US$6m | US$1m | US$827m |
| Jan 31 2020 | n/a | n/a | US$858m |
| Oct 31 2019 | n/a | n/a | US$854m |
| Jul 31 2019 | n/a | n/a | US$821m |
| Apr 30 2019 | US$4m | US$872k | US$835m |
| Jan 31 2019 | n/a | n/a | US$786m |
| Oct 31 2018 | n/a | n/a | US$749m |
| Jul 31 2018 | n/a | n/a | US$739m |
| Apr 30 2018 | US$2m | US$598k | US$717m |
Compensation vs Market: Lawson's total compensation ($USD13.19M) is about average for companies of similar size in the US market ($USD12.73M).
Compensation vs Earnings: Lawson's compensation has increased by more than 20% in the past year.
CEO
Lawson Whiting (56 yo)
5.8yrs
Tenure
US$13,194,160
Compensation
Mr. Lawson E. Whiting has been Chief Executive Officer of Brown-Forman Corporation since January 1, 2019 and has been its President since March 28, 2019 and served as its President from January 1, 2019 to...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.5yrs | US$739.25k | 1.41% $ 268.1m | |
| CEO, President & Director | 5.8yrs | US$13.19m | 0.015% $ 2.8m | |
| Executive VP & CFO | 3.3yrs | US$3.78m | 0.0019% $ 365.9k | |
| Executive VP | 14.8yrs | US$3.66m | 0.0047% $ 896.7k | |
| Senior VP & Chief Accounting Officer | 6.3yrs | no data | 0.00057% $ 108.1k | |
| Executive VP | 2.7yrs | no data | 0.0028% $ 532.7k | |
| Chief Information Officer and Director of Supply Chain Integration & Strategy | 1.8yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Executive Vice President | less than a year | no data | 0.00011% $ 20.9k | |
| Chief People | less than a year | no data | 0.000090% $ 17.1k | |
| Senior VP & Global MD of Jack Daniel’s Family of Brands | no data | no data | no data | |
| Executive VP & President of Emerging International | less than a year | no data | 0.00020% $ 37.9k |
3.0yrs
Average Tenure
53yo
Average Age
Experienced Management: BF.A's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.5yrs | US$739.25k | 1.41% $ 268.1m | |
| CEO, President & Director | 6yrs | US$13.19m | 0.015% $ 2.8m | |
| Executive VP | 8.5yrs | US$3.66m | 0.0047% $ 896.7k | |
| Independent Director | 10.7yrs | US$312.00k | no data | |
| Lead Independent Director | 10.8yrs | US$339.25k | no data | |
| Independent Director | 1.8yrs | US$6.72k | no data | |
| Independent Director | 2.8yrs | US$275.50k | no data | |
| Independent Director | 2yrs | US$387.24k | no data | |
| Independent Director | 6.7yrs | US$279.00k | no data | |
| Director | less than a year | no data | 2.7% $ 512.7m | |
| Director | 1.3yrs | no data | 0.14% $ 27.4m |
6.0yrs
Average Tenure
57yo
Average Age
Experienced Board: BF.A's board of directors are considered experienced (6 years average tenure).