Brown-Forman Management
Management criteria checks 4/4
Brown-Forman's CEO is Lawson Whiting, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is $9.65M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth $3.19M. The average tenure of the management team and the board of directors is 5.5 years and 6.1 years respectively.
Key information
Lawson Whiting
Chief executive officer
US$9.7m
Total compensation
| CEO salary percentage | 13.0% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 5.5yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Brown-Forman Corp: Multiple Growth Catalysts
Apr 24Brown-Forman: Normalization Year In FY24; Initiate With 'Buy'
Mar 21Brown-Forman: Valuation Has Gone Down, But So Has The Industry Growth Outlook
Jan 05Brown-Forman: Spirit Company Priced Like A High-End Cocktail
Dec 02There Are Reasons To Feel Uneasy About Brown-Forman's (NYSE:BF.B) Returns On Capital
Sep 16
Brown-Forman: Expectation Remains High At 31x Forward P/E
Sep 04Brown-Forman (NYSE:BF.B) Has A Pretty Healthy Balance Sheet
Aug 04A Look At The Fair Value Of Brown-Forman Corporation (NYSE:BF.B)
Jul 20Brown-Forman's Premium Brands Drive Profitability In The Spirits Industry
Jul 09Here's What's Concerning About Brown-Forman's (NYSE:BF.B) Returns On Capital
May 06We Think Brown-Forman (NYSE:BF.B) Can Stay On Top Of Its Debt
Apr 18Is Brown-Forman Corporation (NYSE:BF.B) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 17A Look Into Brown-Forman's (NYSE:BF.B) Impressive Returns On Capital
Jan 25Brown-Forman declares $0.2055 dividend
Jan 24Brown-Forman: A Baby Boomer Bubble Stock
Jan 11These 4 Measures Indicate That Brown-Forman (NYSE:BF.B) Is Using Debt Safely
Jan 09Brown-Forman FQ2 2023 Earnings Preview
Dec 06Brown-Forman's (NYSE:BF.B) Dividend Will Be Increased To $0.2055
Nov 21Brown-Forman's Valuation Leaves A Bad Taste In My Mouth
Nov 07Brown-Forman (NYSE:BF.B) Looks To Prolong Its Impressive Returns
Oct 18Is Brown-Forman (NYSE:BF.B) Using Too Much Debt?
Oct 02Brown-Forman (NYSE:BF.B) Is Paying Out A Dividend Of $0.1885
Sep 01Brown-Forman Q1 2023 Earnings Preview
Aug 30Estimating The Fair Value Of Brown-Forman Corporation (NYSE:BF.B)
Aug 28Brown-Forman (NYSE:BF.B) Has Announced A Dividend Of $0.1885
Aug 15Brown-Forman (NYSE:BF.B) Will Pay A Dividend Of $0.1885
Aug 01Brown-Forman declares $0.1885 dividend
Jul 28Brown-Forman (NYSE:BF.B) Is Reinvesting To Multiply In Value
Jul 11Here's Why Brown-Forman (NYSE:BF.B) Can Manage Its Debt Responsibly
Jun 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Jan 31 2018 | n/a | n/a | US$752m |
| Oct 31 2017 | n/a | n/a | US$744m |
| Jul 31 2017 | n/a | n/a | US$703m |
| Apr 30 2017 | US$2m | US$487k | US$669m |
Compensation vs Market: Lawson's total compensation ($USD9.65M) is about average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: Lawson's compensation has been consistent with company performance over the past year.
CEO
Lawson Whiting (55 yo)
5.3yrs
Tenure
US$9,651,262
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 | 7.9yrs | US$722.45k | 1.41% $ 333.3m | |
| CEO, President & Director | 5.3yrs | US$9.65m | 0.014% $ 3.2m | |
| Executive VP & CFO | 2.8yrs | US$2.73m | 0.0017% $ 393.6k | |
| Secretary | 16.5yrs | US$1.90m | 0.050% $ 11.9m | |
| Executive VP and Chief People | 9.2yrs | US$1.62m | 0.0047% $ 1.1m | |
| Executive VP | 14.3yrs | no data | 0.0046% $ 1.1m | |
| Executive VP & President of Emerging International | 5.8yrs | US$1.99m | 0.0046% $ 1.1m | |
| Senior VP & Chief Accounting Officer | 5.7yrs | no data | 0.00053% $ 124.9k | |
| Executive VP | 2.1yrs | no data | 0.0027% $ 638.7k | |
| Chief Information Officer and Director of Supply Chain Integration & Strategy | 1.3yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP & Global MD of Jack Daniel’s Family of Brands | no data | no data | no data |
5.5yrs
Average Tenure
53yo
Average Age
Experienced Management: BF.B's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.9yrs | US$722.45k | 1.41% $ 333.3m | |
| CEO, President & Director | 5.4yrs | US$9.65m | 0.014% $ 3.2m | |
| Executive VP | 7.9yrs | no data | 0.0046% $ 1.1m | |
| Independent Director | 10.1yrs | US$296.25k | no data | |
| Lead Independent Director | 10.3yrs | US$301.22k | no data | |
| Independent Director | 1.3yrs | US$6.72k | no data | |
| Independent Director | 2.3yrs | US$314.69k | no data | |
| Independent Director | 1.4yrs | US$25.06k | no data | |
| Director | 8.9yrs | US$215.00k | 0.41% $ 96.5m | |
| Independent Director | 6.1yrs | US$262.88k | no data | |
| Director | less than a year | no data | 0.14% $ 34.1m |
6.1yrs
Average Tenure
57yo
Average Age
Experienced Board: BF.B's board of directors are considered experienced (6.1 years average tenure).