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 Employees3,200

Key Executives

NameTitlePayExercisedYear Born
Mr. John B. Gerlach Jr.Exec. Chairman717.4kN/A1955
Mr. David A. CiesinskiPres, CEO & Director1.33MN/A1966
Mr. Douglas A. FellTransformation Program Officer696.8k50.11k1962
Mr. David S. NagleSr. VP of Supply Chain - T. Marzetti Company568.04kN/A1965
Mr. Thomas K. PigottVP, Assistant Sec. & CFON/AN/A1965
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 USD.

Description

Lancaster Colony Corporation manufactures and markets specialty food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It offers frozen garlic breads under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's; frozen mini stuffed bagels under the Bantam Bagels; salad dressings under the Marzetti, Simply Dressed, Simply 60, Cardini's, and Girard's; and vegetable and fruit dips under the Marzetti brand names. The company also provides flatbread wraps and pizza crusts under the Flatout; sprouted grain bakery products under the Angelic Bakehouse; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; and frozen pasta under the Marzetti Frozen Pasta brand names. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden's dressings and Buffalo Wild Wings sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. 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 29, 2019 is 6. The pillar scores are Audit: 1; Board: 5; 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.