Turning Point Brands Management
Management criteria checks 2/4
Turning Point Brands' CEO is Graham Purdy, appointed in Oct 2022, has a tenure of 1.5 years. total yearly compensation is $2.99M, comprised of 24.6% salary and 75.4% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth $4.54M. The average tenure of the management team and the board of directors is 1.5 years and 11.3 years respectively.
Key information
Graham Purdy
Chief executive officer
US$3.0m
Total compensation
| CEO salary percentage | 24.6% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.9% |
| Management average tenure | 1.5yrs |
| Board average tenure | 11.3yrs |
Recent management updates
Recent updates
Turning Point Brands' (NYSE:TPB) Dividend Will Be Increased To $0.07
Mar 19
Turning Point Brands (NYSE:TPB) Has Affirmed Its Dividend Of $0.07
Mar 03Turning Point Brands, Inc. (NYSE:TPB) Doing What It Can To Lift Shares
Mar 01Turning Point Brands: Entry Into Oral Nicotine Pouch Category Is A 2024 Catalyst
Mar 01Turning Point Brands (NYSE:TPB) Has Affirmed Its Dividend Of $0.065
Dec 07Turning Point: Double-Digit Growth Of Stoker's MST May Imply Undervaluation
Nov 11Turning Point Brands (NYSE:TPB) Will Pay A Dividend Of $0.065
Aug 28Turning Point Brands' (NYSE:TPB) Dividend Will Be $0.065
Aug 09Turning Point Brands Reports Positive Q2 Income And Free Cash Flow
Aug 04Does Turning Point Brands (NYSE:TPB) Have A Healthy Balance Sheet?
Jun 08Turning Point Brands (NYSE:TPB) Is Due To Pay A Dividend Of $0.065
May 21Turning Point Brands' (NYSE:TPB) Dividend Will Be $0.065
May 07Turning Point Brands (NYSE:TPB) Is Paying Out A Dividend Of $0.065
Feb 27We Think Turning Point Brands (NYSE:TPB) Is Taking Some Risk With Its Debt
Feb 25Turning Point Brands Q4 2022 Earnings Preview
Feb 23Has Turning Point Brands Reached A Turning Point?
Jan 26Turning Point Brands Q3 2022 Earnings Preview
Oct 25Turning Point Brands guides Q3 sales above consensus, revises full-year outlook
Oct 17Turning Point Brands: Short-Term Pain, Long-Term Gain
Aug 27Turning Point Brands' (NYSE:TPB) Dividend Will Be $0.06
Aug 19Turning Point Brands declares $0.06 dividend
Aug 03Turning Point Brands Non-GAAP EPS of $0.70 misses by $0.03, revenue of $102.9M misses by $2.96M
Jul 27Turning Point Brands (NYSE:TPB) Has Re-Affirmed Its Dividend Of US$0.06
Jun 04Turning Point Brands: Some Risk But Ready For Growth
Jun 02Turning Point Brands (NYSE:TPB) Is Increasing Its Dividend To US$0.06
Mar 08Turning Point Brands: Growth And Safety For Only 10x Free Cash Flow
Feb 23Turning Point Brands: A Blunt Assessment
Dec 30Is Now The Time To Put Turning Point Brands (NYSE:TPB) On Your Watchlist?
Nov 19An Intrinsic Calculation For Turning Point Brands, Inc. (NYSE:TPB) Suggests It's 42% Undervalued
Sep 23Does Turning Point Brands (NYSE:TPB) Deserve A Spot On Your Watchlist?
Aug 10Turning Point Brands: A Profitable Cannabis Company At A Compelling Valuation
Jul 28Insight Into Turning Point Brands' Upcoming Q2 Earnings
Jul 10These 4 Measures Indicate That Turning Point Brands (NYSE:TPB) Is Using Debt Reasonably Well
Jun 21Is There An Opportunity With Turning Point Brands, Inc.'s (NYSE:TPB) 43% Undervaluation?
May 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$736k | US$38m |
| Sep 30 2023 | n/a | n/a | US$12m |
| Jun 30 2023 | n/a | n/a | US$13m |
| Mar 31 2023 | n/a | n/a | US$8m |
| Dec 31 2022 | US$1m | US$555k | US$12m |
| Sep 30 2022 | n/a | n/a | US$39m |
| Jun 30 2022 | n/a | n/a | US$41m |
| Mar 31 2022 | n/a | n/a | US$51m |
| Dec 31 2021 | US$1m | US$455k | US$52m |
| Sep 30 2021 | n/a | n/a | US$55m |
| Jun 30 2021 | n/a | n/a | US$51m |
| Mar 31 2021 | n/a | n/a | US$45m |
| Dec 31 2020 | US$1m | US$407k | US$38m |
Compensation vs Market: Graham's total compensation ($USD2.99M) is about average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Graham's compensation has increased by more than 20% in the past year.
CEO
Graham Purdy (51 yo)
1.5yrs
Tenure
US$2,994,622
Compensation
Mr. Graham A. Purdy serves as Chief Executive Officer, President and Director at Turning Point Brands, Inc. since October 16, 2022. He served as Chief Operating Officer at Turning Point Brands, Inc. since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 11.4yrs | US$1.97m | 0.35% $ 1.7m | |
| CEO, President & Director | 1.5yrs | US$2.99m | 0.93% $ 4.5m | |
| Senior VP | 3.5yrs | US$907.14k | 0.074% $ 358.4k | |
| Senior VP & CFO | no data | no data | no data | |
| Chief Accounting Officer | no data | no data | 0.020% $ 96.8k | |
| Chief Information Officer | 1.5yrs | no data | no data | |
| Senior Vice President of Sales | 2.7yrs | no data | no data | |
| Chief People Officer | 1.5yrs | no data | no data | |
| Chief Revenue Officer | 1.3yrs | no data | 0.085% $ 411.2k | |
| Chief Strategy Officer | less than a year | no data | 0.17% $ 850.2k |
1.5yrs
Average Tenure
46yo
Average Age
Experienced Management: TPB's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 11.4yrs | US$1.97m | 0.35% $ 1.7m | |
| CEO, President & Director | 1.5yrs | US$2.99m | 0.93% $ 4.5m | |
| Director | 11.3yrs | US$1.25m | 2.06% $ 10.0m | |
| Independent Director | 18yrs | US$150.00k | 0.21% $ 1.0m | |
| Independent Director | 11.4yrs | US$150.00k | 0.041% $ 198.3k | |
| Independent Director | 3.1yrs | US$150.01k | 0.0072% $ 35.1k | |
| Independent Director | 11.3yrs | US$150.02k | 0.35% $ 1.7m | |
| Lead Independent Director | 5.6yrs | US$155.24k | 0.013% $ 63.0k | |
| Independent Director | less than a year | no data | no data |
11.3yrs
Average Tenure
56yo
Average Age
Experienced Board: TPB's board of directors are seasoned and experienced ( 11.3 years average tenure).