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Seneca Foods Corporation (SENEA)

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Seneca Foods Corporation

3736 South Main Street
Marion, NY 14505
United States
315-926-8100
http://www.senecafoods.com

SectorConsumer Goods
IndustryProcessed & Packaged Goods
Full Time Employees3,300

Key Executives

NameTitlePayExercisedAge
Mr. Arthur S. WolcottFounder & Chairman638.72kN/A91
Mr. Kraig H. KayserPres, Chief Exec. Officer & Director643.79kN/A56
Mr. Timothy John BenjaminSr. VP, CFO & Treasurer243.05kN/A58
Mr. Paul L. PalmbyExec. VP & COO385.26kN/A54
Mr. Dean E. ErstadSr. VP of Sales and Marketing262.85kN/A54
Amounts are as of December 31, 2017 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

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. It offers canned and frozen produce, bottled produce, snack chips, and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby’s, Aunt Nellie’s, READ, Green Valley, Cherryman, and Seneca Farms. The company also packs Green Giant, Le Sueur, and other brands of canned vegetables, as well as selected Green Giant frozen vegetables for B&G Foods North America under a contract packing agreement. In addition, it is involved in the sale of cans and ends, as well as trucking and aircraft operations. The company offers its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; and food service distributors, industrial markets, other food packagers, and export customers in 90 countries, as well as to federal, state, and local governments for school and other feeding programs. Seneca Foods Corporation was founded in 1949 and is headquartered in Marion, New York.

Corporate Governance

Seneca Foods Corporation’s ISS Governance QualityScore as of September 1, 2017 is 9. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 10; 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.