LANC - Lancaster Colony Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Lancaster Colony Corporation

380 Polaris Parkway
Suite 400
Westerville, OH 43082
United States
614-224-7141
http://www.lancastercolony.com

SectorConsumer Defensive
IndustryPackaged Foods
Full Time Employees2,800

Key Executives

NameTitlePayExercisedYear Born
Mr. John B. Gerlach Jr.Exec. Chairman1.01MN/A1954
Mr. David A. CiesinskiPres, CEO & Director260.9kN/A1966
Mr. Douglas A. FellCFO, VP & Treasurer750.05k365.7k1962
Dale N. GanobsikDirector of Investor Relations & Corp. PlanningN/AN/AN/A
Mr. Matthew R. ShurteGen. Counsel, Chief Ethics Officer and Sec.N/AN/A1968
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

Lancaster Colony Corporation manufactures and markets specialty food products for the retail and foodservice markets in the United States. It offers salad dressings and sauces under the Marzetti, Marzetti Simply Dressed, Cardini's, and Girard's brands; vegetable dips and fruit dips under the Marzetti brand; frozen garlic breads under the New York BRAND Bakery, Mamma Bella, and Mamma Bella's brands; and frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's and Mary B's brands. The company also provides dry egg noodles under the Inn Maid and Amish Kitchen brands; frozen specialty noodles under the Reames and Aunt Vi's brands; croutons and salad toppings under the New York BRAND Bakery, New York BRAND Bakery Texas Toast, Chatham Village, Cardini's, Marzetti Simply Dressed, and Marzetti brands; sprouted grain bakery products under the Angelic Bakehouse and Flatzza brands; flatbread wraps and pizza crusts under the Flatout brand; and caviar under the Romanoff brand name. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden's dressings and Jack Daniel's mustards, as well as endorsement agreements, such as Hungry Girl flatbreads. The company's products are sold through sales personnel, food brokers, and distributors to retailers and restaurants, as well as to industrial customers. Lancaster Colony Corporation was founded in 1961 and is based in Westerville, Ohio.

Corporate Governance

Lancaster Colony Corporation’s ISS Governance QualityScore as of July 1, 2018 is 6. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 9; Compensation: 4.

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.