Utz Brands Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Howard Friedman
Chief executive officer
US$4.1m
Total compensation
| CEO salary percentage | 20.7% |
| CEO tenure | 2yrs |
| CEO ownership | 0.07% |
| Management average tenure | 3.2yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Utz Brands' (NYSE:UTZ) Dividend Will Be $0.061
Dec 09
Utz Brands (NYSE:UTZ) Seems To Use Debt Quite Sensibly
Nov 23Utz Brands (NYSE:UTZ) Might Be Having Difficulty Using Its Capital Effectively
Oct 06Utz Brands: Potential Miss In FY24 Adj EPS Guidance
Sep 22Utz Brands: Spotlight On Growth Outlook And Potential M&A (Rating Downgrade)
Sep 06Is Utz Brands, Inc. (NYSE:UTZ) Trading At A 36% Discount?
Sep 05These 4 Measures Indicate That Utz Brands (NYSE:UTZ) Is Using Debt Reasonably Well
Jul 12Utz Brands: Network Optimization Strategy Making Good Progress
Jun 19Utz Brands (NYSE:UTZ) Has Announced A Dividend Of $0.059
Jun 11Utz Brands, Inc.'s (NYSE:UTZ) Popularity With Investors Is Clear
Jun 06Capital Allocation Trends At Utz Brands (NYSE:UTZ) Aren't Ideal
Apr 16Utz Brands: Enough Reasons To Be Salty (Rating Downgrade)
Apr 15Is Utz Brands, Inc. (NYSE:UTZ) Trading At A 44% Discount?
Mar 01Utz Brands: Optimistic Growth Prospects Baked In
Feb 01Utz Brands (NYSE:UTZ) Takes On Some Risk With Its Use Of Debt
Feb 01Capital Allocation Trends At Utz Brands (NYSE:UTZ) Aren't Ideal
Jan 14The Price Is Right For Utz Brands, Inc. (NYSE:UTZ)
Dec 23Utz Brands: Secular Tailwind With Share Gains Potential
Dec 16When Should You Buy Utz Brands, Inc. (NYSE:UTZ)?
Dec 05Snack Maker Utz Brands: Holding For Dividend Growth And Cash Flow
Nov 22Utz Brands: Underwhelming And Slowdown Potential Ahead
Sep 23Utz Brands (NYSE:UTZ) Is Due To Pay A Dividend Of $0.057
Sep 12Investors Could Be Concerned With Utz Brands' (NYSE:UTZ) Returns On Capital
Sep 06UTZ Brands: Still Unattractive Despite The Share Price Drop
Aug 24Revenues Tell The Story For Utz Brands, Inc. (NYSE:UTZ)
Jul 19Utz Brands: Value Creation Opportunities Relating To Capital Allocation
Jul 03Utz Brands (NYSE:UTZ) Has Announced A Dividend Of $0.057
Jun 13Are Investors Undervaluing Utz Brands, Inc. (NYSE:UTZ) By 21%?
May 01Utz Brands (NYSE:UTZ) Is Increasing Its Dividend To $0.057
Apr 10What Does Utz Brands, Inc.'s (NYSE:UTZ) Share Price Indicate?
Mar 17Utz Brands: Capturing Share In The U.S. Salty Snack Category
Jan 19Utz Brands: Potential Upside Ahead With A Caveat
Jan 04Utz Brands' (NYSE:UTZ) Upcoming Dividend Will Be Larger Than Last Year's
Dec 12Utz Brands raises quarterly dividend by 5.6% to $0.057/share
Dec 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 29 2024 | n/a | n/a | -US$14m |
| Jun 30 2024 | n/a | n/a | US$4m |
| Mar 31 2024 | n/a | n/a | -US$20m |
| Dec 31 2023 | US$4m | US$850k | -US$25m |
| Oct 01 2023 | n/a | n/a | US$18m |
| Jul 02 2023 | n/a | n/a | US$748k |
| Apr 02 2023 | n/a | n/a | US$8m |
| Jan 01 2023 | US$5m | US$23k | -US$392k |
Compensation vs Market: Howard's total compensation ($USD4.11M) is about average for companies of similar size in the US market ($USD5.37M).
Compensation vs Earnings: Insufficient data to compare Howard's compensation with company performance.
CEO
Howard Friedman (54 yo)
2yrs
Tenure
US$4,113,444
Compensation
Mr. Howard A. Friedman joined Utz in December 2022. He served as an Executive Vice President and Chief Operations Officer at Post Holdings, Inc. since September 13, 2021 until December 12, 2022. He serves...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2yrs | US$4.11m | 0.074% $ 1.7m | |
| Executive VP | 3.2yrs | US$1.36m | 0.11% $ 2.5m | |
| Executive VP and Chief Operating & Transformation Officer | 3.2yrs | US$3.07m | 0.21% $ 4.9m | |
| Executive VP | 3.4yrs | US$1.15m | 0.014% $ 326.9k | |
| Executive VP of Sales & Chief Customer Officer | 7.7yrs | US$1.09m | 0.097% $ 2.2m | |
| Senior VP & Chief Information Officer | 2.8yrs | no data | no data | |
| Senior Vice President of Investor Relations | 3.9yrs | no data | no data | |
| EVP & Chief Marketing Officer | less than a year | no data | no data | |
| Director of Corporate Development | no data | no data | no data | |
| Executive VP & Chief People Officer | 3.3yrs | no data | 0.022% $ 504.6k | |
| Executive Vice President of Manufacturing | 4.2yrs | no data | 0.0086% $ 199.6k | |
| Senior Vice President of Enterprise Integration | 3.1yrs | no data | no data |
3.2yrs
Average Tenure
51.5yo
Average Age
Experienced Management: UTZ's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2yrs | US$4.11m | 0.074% $ 1.7m | |
| Independent Director | 6.1yrs | US$240.00k | 0.33% $ 7.6m | |
| Lead Independent Director | 6.5yrs | US$225.00k | 5.26% $ 121.4m | |
| Independent Director | 4.3yrs | US$210.00k | 0.053% $ 1.2m | |
| Director | 4.3yrs | US$125.00k | 0.0027% $ 61.5k | |
| Chairman | 4.3yrs | US$489.95k | 0.066% $ 1.5m | |
| Independent Director | 4.3yrs | US$200.00k | 0.042% $ 981.5k | |
| Independent Director | 6.5yrs | US$215.00k | 4.18% $ 96.6m | |
| Independent Director | 6.2yrs | US$200.00k | 0.27% $ 6.2m | |
| Director | 4.3yrs | US$200.00k | 0.047% $ 1.1m | |
| Independent Director | 4.3yrs | US$200.00k | 0.027% $ 624.8k | |
| Independent Director | 3yrs | US$200.00k | 0.025% $ 575.3k |
4.3yrs
Average Tenure
58yo
Average Age
Experienced Board: UTZ's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:28 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Utz Brands, Inc. is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Lazar | Barclays |
| Peter Galbo | BofA Global Research |
| Wendy Nicholson | Citigroup Inc |