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Flowers Foods, Inc. (FLO)


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Flowers Foods, Inc.

1919 Flowers Circle
Thomasville, GA 31757
United States
229-226-9110
http://www.flowersfoods.com

SectorConsumer Goods
IndustryProcessed & Packaged Goods
Full Time Employees10,800

Key Executives

NameTitlePayExercisedAge
Mr. Allen L. ShiverChief Exec. Officer, Pres and Director1.62M1.2M61
Mr. R. Steven KinseyChief Financial Officer and Exec. VP779.95k940.09k56
Mr. Bradley K. AlexanderChief Operating Officer and Exec. VP783.29k448.94k58
Mr. Stephen R. AveraExec. VP, Gen. Counsel and Sec.668.04k829.14k60
Mr. David Keith WheelerPres of Flowers Bakeries576.58k90.65k53
Amounts are as of December 31, 2016 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 USD.

Description

Flowers Foods, Inc. produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and markets fresh bakery foods, including fresh breads, buns, rolls, tortillas, and snack cakes. This segment offers its products primarily under the Nature’s Own, Wonder, Cobblestone Bread Company, Tastykake, and Dave’s Killer Bread brand names. It operates 39 bakeries, as well as sells its products through a network of independent distributors to retail and foodservice customers. The Warehouse Delivery segment produces snack cakes, breads, and rolls for national retail, foodservice, vending, and co-pack customers through a network of warehouse channels. This segment markets its products under the Mrs. Freshley’s, Alpine Valley Bread, and European Bakers brand names. Flowers Foods, Inc. also sells products under franchised and licensed trademarks and trade names, such as Sunbeam, Bunny, and Sara Lee. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.

Corporate Governance

Flowers Foods, Inc.’s ISS Governance QualityScore as of June 2, 2017 is 1. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 2; Compensation: 2.

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.