Golden Growers Cooperative Management
Management criteria checks 4/4
Golden Growers Cooperative's CEO is Scott Stofferahn, appointed in Oct 2012, has a tenure of 11.58 years. total yearly compensation is $235.56K, comprised of 81.7% salary and 18.3% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth $119.68K. The average tenure of the management team and the board of directors is 9.2 years and 7.2 years respectively.
Key information
Scott Stofferahn
Chief executive officer
US$235.6k
Total compensation
| CEO salary percentage | 81.7% |
| CEO tenure | 11.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 9.2yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$236k | US$192k | US$5m |
| Sep 30 2023 | n/a | n/a | US$6m |
| Jun 30 2023 | n/a | n/a | US$6m |
| Mar 31 2023 | n/a | n/a | US$6m |
| Dec 31 2022 | US$203k | US$183k | US$7m |
| Sep 30 2022 | n/a | n/a | US$7m |
| Jun 30 2022 | n/a | n/a | US$8m |
| Mar 31 2022 | n/a | n/a | US$9m |
| Dec 31 2021 | US$196k | US$174k | US$8m |
| Sep 30 2021 | n/a | n/a | US$7m |
| Jun 30 2021 | n/a | n/a | US$7m |
| Mar 31 2021 | n/a | n/a | US$6m |
| Dec 31 2020 | US$192k | US$171k | US$6m |
| Sep 30 2020 | n/a | n/a | US$6m |
| Jun 30 2020 | n/a | n/a | US$6m |
| Mar 31 2020 | n/a | n/a | US$7m |
| Dec 31 2019 | US$193k | US$173k | US$7m |
| Sep 30 2019 | n/a | n/a | US$7m |
| Jun 30 2019 | n/a | n/a | US$7m |
| Mar 31 2019 | n/a | n/a | US$7m |
| Dec 31 2018 | US$182k | US$167k | US$6m |
| Sep 30 2018 | n/a | n/a | US$7m |
| Jun 30 2018 | n/a | n/a | US$8m |
| Mar 31 2018 | n/a | n/a | US$9m |
| Dec 31 2017 | US$176k | US$159k | US$9m |
Compensation vs Market: Scott's total compensation ($USD235.56K) is below average for companies of similar size in the US market ($USD663.50K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
CEO
Scott Stofferahn (65 yo)
11.6yrs
Tenure
US$235,558
Compensation
Mr. Scott Stofferahn has been the Chief Executive Officer, Chief Financial Officer and Executive Vice President of Golden Growers Cooperative since October 15, 2012. Since March 2001, Mr. Stofferahn has wo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, CFO & Executive VP | 11.6yrs | US$235.56k | 0.18% $ 119.7k | |
| Secretary & Independent Director | 9.2yrs | US$4.25k | 0.052% $ 34.0k | |
| Treasurer & Director | 2.2yrs | US$3.30k | 0.14% $ 92.6k |
9.2yrs
Average Tenure
65yo
Average Age
Experienced Management: GGRO.U's management team is seasoned and experienced (9.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Secretary & Independent Director | 11.2yrs | US$4.25k | 0.052% $ 34.0k | |
| Treasurer & Director | 9.2yrs | US$3.30k | 0.14% $ 92.6k | |
| Director | 1.2yrs | US$2.55k | 0.68% $ 448.4k | |
| 1st Vice Chair | 1.3yrs | US$4.50k | 0.32% $ 212.5k | |
| Director | 13.2yrs | US$1.93k | 0.37% $ 246.5k | |
| Independent Chair | 11.2yrs | US$8.15k | 0.16% $ 106.3k | |
| Independent Director | 7.2yrs | US$4.00k | 1.32% $ 870.0k | |
| Director | 2.2yrs | US$4.00k | 0.26% $ 170.0k | |
| Director | 2.2yrs | US$4.10k | 0.032% $ 21.3k |
7.2yrs
Average Tenure
62yo
Average Age
Experienced Board: GGRO.U's board of directors are considered experienced (7.2 years average tenure).