0T5.F - Turning Point Brands, Inc.

Frankfurt - Frankfurt Delayed Price. Currency in EUR

Turning Point Brands, Inc.

5201 Interchange Way
Louisville, KY 40229
United States
502-778-4421
http://www.turningpointbrands.com

SectorConsumer Defensive
IndustryTobacco
Full Time Employees520

Key Executives

NameTitlePayExercisedYear Born
Mr. Lawrence S. WexlerPres, CEO & Director1.4MN/A1952
Mr. Robert LavanCFO & Sr. VP573.54kN/A1981
Mr. James W. DobbinsSr. VP, Gen. Counsel & Corp. Sec.537.83kN/A1960
Mr. Charles H. MelanderSr. VP of Operations & Quality AssuranceN/AN/AN/A
Mr. Brian WiggintonChief Accounting Officer & VP of Fin.N/AN/AN/A
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Turning Point Brands, Inc., together with its subsidiaries, provides other tobacco products in the United States. The company operates in three segments: Smokeless Products, Smoking Products, and NewGen Products. The Smokeless Products segment manufactures and markets moist snuff; and contracts for and markets loose leaf chewing tobacco products. The Smoking Products segment imports and markets cigarette papers, tubes, and related products, as well as finished cigars, make-your-own cigar tobaccos, and cigar wraps; and processes, packages, and markets pipe tobaccos. The NewGen Products segment markets and distributes e-cigarettes, e-liquids, vaporizers, and other products without tobacco and/or nicotine. It also distributes various assortments of vaping related products to non-traditional retail outlets through VaporBeast, Vapor Shark, Vapor Supply, and IVG; and various vaping related products to individual consumers through Shark, Vapor World, and VaporFi branded retail outlets, as well as through online platforms. The company sells its products under the Zig-Zag, Beech-Nut, Stoker's, Trophy, VaporBeast, Vapor Shark, VaporFi, Havana Blossom, Durango, Tequila Sunrise, Fred's Choice, Old Hillside, Our Pride, Red Cap, Tennessee Chew, Big Mountain, Springfield Standard, Snake River, DirectVapor, and SouthBeachSmoke brands. It sells its products to wholesale distributors and retail merchants in the independent and chain convenience store, tobacco outlet, food store, mass merchandising, drug store, and non-traditional retail channels. The company was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. Turning Point Brands, Inc. was incorporated in 2004 and is headquartered in Louisville, Kentucky. Turning Point Brands, Inc. is a subsidiary of Standard Diversified Inc.

Corporate Governance

Turning Point Brands, Inc.’s ISS Governance QualityScore as of April 1, 2019 is 7. The pillar scores are Audit: 2; Board: 10; Shareholder Rights: 4; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.