Brown-Forman Corporation

NYSE:BF.B Stock Report

Market Cap: US$19.0b

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 percentage9.5%
CEO tenure5.8yrs
CEO ownership0.02%
Management average tenure3yrs
Board average tenure6yrs

Recent management updates

Recent updates

Brown-Forman: Jack Daniel's Tennessee Whiskey Is Out Of Favor, But Only Temporarily

Nov 18

Brown-Forman: Stock Price Likely To Stay Rangebound (Maintain Hold Rating)

Sep 12

Brown-Forman Corp: Multiple Growth Catalysts

Apr 24

Brown-Forman: Normalization Year In FY24; Initiate With 'Buy'

Mar 21

Brown-Forman: Valuation Has Gone Down, But So Has The Industry Growth Outlook

Jan 05

Brown-Forman: Spirit Company Priced Like A High-End Cocktail

Dec 02

There Are Reasons To Feel Uneasy About Brown-Forman's (NYSE:BF.B) Returns On Capital

Sep 16
There Are Reasons To Feel Uneasy About Brown-Forman's (NYSE:BF.B) Returns On Capital

Brown-Forman: Expectation Remains High At 31x Forward P/E

Sep 04

Brown-Forman (NYSE:BF.B) Has A Pretty Healthy Balance Sheet

Aug 04
Brown-Forman (NYSE:BF.B) Has A Pretty Healthy Balance Sheet

A Look At The Fair Value Of Brown-Forman Corporation (NYSE:BF.B)

Jul 20
A Look At The Fair Value Of Brown-Forman Corporation (NYSE:BF.B)

Brown-Forman's Premium Brands Drive Profitability In The Spirits Industry

Jul 09

Here's What's Concerning About Brown-Forman's (NYSE:BF.B) Returns On Capital

May 06
Here's What's Concerning About Brown-Forman's (NYSE:BF.B) Returns On Capital

We Think Brown-Forman (NYSE:BF.B) Can Stay On Top Of Its Debt

Apr 18
We Think Brown-Forman (NYSE:BF.B) Can Stay On Top Of Its Debt

Is Brown-Forman Corporation (NYSE:BF.B) Expensive For A Reason? A Look At Its Intrinsic Value

Mar 17
Is Brown-Forman Corporation (NYSE:BF.B) Expensive For A Reason? A Look At Its Intrinsic Value

A Look Into Brown-Forman's (NYSE:BF.B) Impressive Returns On Capital

Jan 25
A Look Into Brown-Forman's (NYSE:BF.B) Impressive Returns On Capital

Brown-Forman declares $0.2055 dividend

Jan 24

Brown-Forman: A Baby Boomer Bubble Stock

Jan 11

These 4 Measures Indicate That Brown-Forman (NYSE:BF.B) Is Using Debt Safely

Jan 09
These 4 Measures Indicate That Brown-Forman (NYSE:BF.B) Is Using Debt Safely

Brown-Forman FQ2 2023 Earnings Preview

Dec 06

Brown-Forman's (NYSE:BF.B) Dividend Will Be Increased To $0.2055

Nov 21
Brown-Forman's (NYSE:BF.B) Dividend Will Be Increased To $0.2055

CEO Compensation Analysis

How has Lawson Whiting's remuneration changed compared to Brown-Forman's earnings?
DateTotal CompensationSalaryCompany Earnings
Jul 31 2024n/an/a

US$988m

Apr 30 2024US$13mUS$1m

US$1b

Jan 31 2024n/an/a

US$965m

Oct 31 2023n/an/a

US$780m

Jul 31 2023n/an/a

US$765m

Apr 30 2023US$10mUS$1m

US$783m

Jan 31 2023n/an/a

US$727m

Oct 31 2022n/an/a

US$886m

Jul 31 2022n/an/a

US$895m

Apr 30 2022US$8mUS$1m

US$838m

Jan 31 2022n/an/a

US$807m

Oct 31 2021n/an/a

US$767m

Jul 31 2021n/an/a

US$771m

Apr 30 2021US$9mUS$1m

US$903m

Jan 31 2021n/an/a

US$911m

Oct 31 2020n/an/a

US$923m

Jul 31 2020n/an/a

US$965m

Apr 30 2020US$6mUS$1m

US$827m

Jan 31 2020n/an/a

US$858m

Oct 31 2019n/an/a

US$854m

Jul 31 2019n/an/a

US$821m

Apr 30 2019US$4mUS$872k

US$835m

Jan 31 2019n/an/a

US$786m

Oct 31 2018n/an/a

US$749m

Jul 31 2018n/an/a

US$739m

Apr 30 2018US$2mUS$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

NamePositionTenureCompensationOwnership
Campbell Brown
Executive Chairman8.5yrsUS$739.25k1.41%
$ 268.1m
Lawson Whiting
CEO, President & Director5.8yrsUS$13.19m0.015%
$ 2.8m
Leanne Cunningham
Executive VP & CFO3.3yrsUS$3.78m0.0019%
$ 365.9k
Marshall Farrer
Executive VP14.8yrsUS$3.66m0.0047%
$ 896.7k
Kelli Brown
Senior VP & Chief Accounting Officer6.3yrsno data0.00057%
$ 108.1k
Timothy Nall
Executive VP2.7yrsno data0.0028%
$ 532.7k
Larry Combs
Chief Information Officer and Director of Supply Chain Integration & Strategy1.8yrsno datano data
Susanne Perram
Director of Investor Relationsno datano datano data
Michael Carr
Executive Vice Presidentless than a yearno data0.00011%
$ 20.9k
Diane Nguyen
Chief Peopleless than a yearno data0.000090%
$ 17.1k
Mark Bacon
Senior VP & Global MD of Jack Daniel’s Family of Brandsno datano datano data
Michael Masick
Executive VP & President of Emerging Internationalless than a yearno data0.00020%
$ 37.9k

3.0yrs

Average Tenure

53yo

Average Age

Experienced Management: BF.B's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Campbell Brown
Executive Chairman8.5yrsUS$739.25k1.41%
$ 268.1m
Lawson Whiting
CEO, President & Director6yrsUS$13.19m0.015%
$ 2.8m
Marshall Farrer
Executive VP8.5yrsUS$3.66m0.0047%
$ 896.7k
Michael Roney
Independent Director10.7yrsUS$312.00kno data
Michael Todman
Lead Independent Director10.8yrsUS$339.25kno data
Elizabeth Smith
Independent Director1.8yrsUS$6.72kno data
Jan Singer
Independent Director2.8yrsUS$275.50kno data
Mark Clouse
Independent Director2yrsUS$387.24kno data
Tracy Skeans
Independent Director6.7yrsUS$279.00kno data
W. Musselman
Directorless than a yearno data2.7%
$ 512.7m
Elizabeth Brown
Director1.3yrsno data0.14%
$ 27.4m

6.0yrs

Average Tenure

57yo

Average Age

Experienced Board: BF.B's board of directors are considered experienced (6 years average tenure).