People: Farmer Bros. Co (FARM.O)
FARM.O on Consolidated Issue listed on NASDAQ Global Market
15.93USD
19 Jun 2013
15.93USD
19 Jun 2013
Price Change (% chg)
$-0.32 (-1.97%)
$-0.32 (-1.97%)
Prev Close
$16.25
$16.25
Open
$16.32
$16.32
Day's High
$16.32
$16.32
Day's Low
$15.90
$15.90
Volume
11,905
11,905
Avg. Vol
30,054
30,054
52-wk High
$16.90
$16.90
52-wk Low
$7.00
$7.00
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Guenter Berger |
74 | 2007 | Independent Chairman of the Board |
Michael Keown |
49 | 2012 | President, Chief Executive Officer, Director |
Mark Nelson |
44 | 2013 | Chief Financial Officer, Treasurer |
Thomas Mortensen |
59 | 2012 | Senior Vice President - Route Sales |
Mark Harding |
51 | 2010 | Senior Vice President - Operations |
Hortensia Gomez |
54 | 2009 | Vice President, Controller, Assistant Treasurer |
John Anglin |
64 | 2003 | Secretary |
Hamideh Assadi |
2011 | Director | |
Jeanne Grossman |
61 | 2009 | Independent Director |
Martin Lynch |
74 | 2007 | Independent Director |
James McGarry |
58 | 2007 | Independent Director |
John Merrell |
67 | 2001 | Independent Director |
Biographies
| Name | Description |
|---|---|
Guenter Berger |
Mr. Guenter W. Berger is Independent Chairman of the Board of Farmer Brothers Co. He retired in December 2007 as Chief Executive Officer of Farmer Bros. after more than 47 years of service with the Company in various capacities. Mr. Berger served as Chief Executive Officer of the Company from 2005 to 2007, President from August 2005 through July 2006, and Interim President and Chief Executive Officer from January 2005 to August 2005. For more than 25 years, from 1980 to 2005, Mr. Berger served as Vice President of Torrance inventory, production, coffee roasting and distribution operations. |
Michael Keown |
Mr. Michael H. Keown is President, Chief Executive Officer, Director of Farmer Bros Co. He has been appointed as Director of the company effective March 28, 2012. He has served in various executive capacities at Dean Foods Company, a food and beverage company, since 2003. He has been at WhiteWave Foods Company, a subsidiary of Dean Foods, since 2004 and most recently as President, Indulgent Brands. He was also responsible for WhiteWave’s alternative channel business comprised largely of foodservice. Mr. Keown served as President of the Dean Branded Products Group of Dean Foods since 2003. Mr. Keown joined Dean Foods from The Coca-Cola Company, where he served as Vice President and General Manager of the Shelf Stable Division of The Minute Maid Company. Mr. Keown has over 25 years of experience in the Consumer Goods business, having held various positions with E.&J. Gallo Winery and The Procter & Gamble Company. Mr. Keown holds a Bachelor’s degree in Economics from Northwestern University. |
Mark Nelson |
Mr. Mark J. Nelson has been appointed as Chief Financial Officer, Treasurer of Farmer Bros. Co., effective April 15, 2013. Mr. Nelson has served in various senior financial management positions at Newport Corporation, a global supplier of advanced technology products and systems, since 2004. Since 2010, he has been serving as Vice President, Corporate Controller and Chief Accounting Officer of Newport Corporation. From 2004 to 2010, Mr. Nelson held various senior financial roles at Newport Corporation as Vice President and Controller, Vice President and General Manager of its Optical Components Division and Finance Director of its Photonics division. Prior to Newport Corporation, he held the positions of Finance Director in Thermo Electron Corporation, Cost and Budget Manager at C.R. Bard, Inc., co-owner and Chief Financial Officer of Western Energy Services, Inc. and Financial Management Program Trainee with the General Electric Company. Mr. Nelson earned his MBA in Entrepreneurship and Finance from Babson College, Wellesley, Massachusetts and his BA in Finance from the University of Massachusetts. |
Thomas Mortensen |
Mr. Thomas W. Mortensen has been appointed as Senior Vice President - Route Sales of Farmer Bros. Co., effective March 28, 2012. He has served as the Company’s Vice President, Sales (West) for the past three years. In that capacity, Mr. Mortensen oversaw the sales operations of 74 sales branches in 16 states in the western United States. Prior to that, Mr. Mortensen served as the Company’s National Sales Manager for three years. Mr. Mortensen has over 33 years of service with the Company and experience in the route sales industry. |
Mark Harding |
Mr. Mark A. Harding is Senior Vice President of Operations of Farmer Bros. Co., since March 2010. He joined the Company in March 2008 as Vice President of Operations, responsible for warehousing, transportation, manufacturing, fleet operations, purchasing and Brewmatic manufacturing. He is responsible for route sales, branch operations, warehousing, transportation, manufacturing, fleet operations, purchasing, the National Equipment Service Organization, and Brewmatic refurbishment centers. Prior to joining the Company, Mr. Harding was Vice President of Operations of Intercontinental Art, Inc., a producer and importer of home decor, from March 2002 to March 2008, where his responsibilities included warehousing, transportation, quality control, domestic manufacturing and China manufacturing. Mr. Harding attended the University of Phoenix, where he received a B.A. in Business Administration. |
Hortensia Gomez |
Ms. Hortensia R. Gomez is Vice President, Controller, Assistant Treasurer of Farmer Brothers Co. She joined the Company in 2006 as Controller after serving as Chief Financial Officer at Barco Uniforms Inc., a professional apparel company, from 1992 to 2005. Ms. Gómez has more than 28 years of experience in management, accounting and finance positions. Ms. Gómez graduated from the University of California at Los Angeles. |
John Anglin |
Mr. John M. Anglin is Secretary of Farmer Brothers Co. since 2003. He served as a member of the Company’s Board of Directors from 1985 until 2003. In addition to his role at Farmer Bros., Mr. Anglin is a partner in the Pasadena-based law firm of Anglin, Flewelling, Rasmussen, Campbell & Trytten LLP (“AFRCT”), where his practice is concentrated in the corporate and real estate areas. Prior to this, Mr. Anglin was a partner of Walker Wright Tyler & Ward, LLP, Los Angeles, California from 1978 to 2002 (managing partner from 1994 to 2000). Mr. Anglin received his undergraduate and law degrees from the University of Southern California. AFRCT provided legal services to the Company in fiscal 2011 as discussed below under the heading “Certain Relationships and Related Person Transactions.” the company expect to continue to engage AFRCT to perform legal services in fiscal 2012. |
Hamideh Assadi |
|
Jeanne Grossman |
Ms. Jeanne Farmer Grossman is Independent Director of Farmer Brothers Co. She is a retired teacher and a homemaker. Ms. Grossman received her undergraduate degree and teaching credentials from the University of California at Los Angeles. |
Martin Lynch |
Mr. Martin Andrew Lynch is Independent Director of Farmer Brothers Co. He is currently the President of Claremorris Consulting, a privately-owned consulting company helping privately-held and publicly-held companies in the areas of strategic and financial projects, and has been serving in this capacity since 2002. From 2003 to 2005, Mr. Lynch served as the Executive Vice President and Chief Financial Officer of Diedrich Coffee, Inc., a diversified operator of coffee houses and franchises that was known for its experience in specialty coffee. From 2001 to 2003, he served as a consultant to Smart & Final, Inc., an operator of non-membership grocery warehouse stores for food and foodservice supplies, on strategic and financial projects. For twelve years, from 1989 to 2001, he served as Executive Vice President and Chief Financial Officer of Smart & Final. From 1984 to 1989, Mr. Lynch was Executive Vice President and Chief Financial Officer of San Francisco-based Duty Free Shoppers Group, Ltd. (retail). He served in a number of key positions with Los Angeles-based Tiger International (transportation and financial services) from 1970 to 1984 including the position of Senior Vice President, Chief Financial Officer from 1976 to 1984. Mr. Lynch’s earlier experience includes merger and acquisition activities at Scot Lad Foods, Inc. (retail grocery) and service as audit manager for Price Waterhouse & Company (accounting) in Chicago. Mr. Lynch received his undergraduate degree from De Paul University and received his Certified Public Accountant designation in Illinois. |
James McGarry |
Mr. James J. McGarry is Independent Director of Farmer Brothers Co. He has been a partner in the law firm of McGarry & Laufenberg, El Segundo, California, since 1995, and was a partner in other law firms bearing his name since 1984. A licensed attorney since 1980, his experience has been as a litigator and a mediator, specializing in business, tort and contract litigation. Mr. McGarry received his undergraduate degree from Loyola Marymount University and his law degree from Loyola Law School. |
John Merrell |
Mr. John H. Merrell, CPA, is Independent Director of Farmer Brothers Co. He is a retired partner of the regional accounting and consulting firm of Hutchinson and Bloodgood LLP, Glendale, California. He was an active Partner in the firm from 1978 to 2008. He served as Managing Partner of the firm from 1988 to 2002. Prior to 1978, Mr. Merrell spent six years with an international public accounting firm both in the audit and tax departments. Mr. Merrell has also served as the Corporate Controller and then Chief Financial Officer of a publicly-held company in the international insurance industry. Mr. Merrell received his undergraduate degree in Accounting from San Jose State University, and is a Certified Public Accountant. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Guenter Berger |
343,115 |
Michael Keown |
-- |
Mark Nelson |
-- |
Thomas Mortensen |
-- |
Mark Harding |
531,161 |
Hortensia Gomez |
259,211 |
John Anglin |
-- |
Hamideh Assadi |
-- |
Jeanne Grossman |
-- |
Martin Lynch |
-- |
James McGarry |
-- |
John Merrell |
-- |
As Of 29 Jun 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Guenter Berger |
0 | 0 |
Michael Keown |
0 | 0 |
Mark Nelson |
0 | 0 |
Thomas Mortensen |
0 | 0 |
Mark Harding |
0 | 0 |
Hortensia Gomez |
0 | 0 |
John Anglin |
0 | 0 |
Hamideh Assadi |
0 | 0 |
Jeanne Grossman |
0 | 0 |
Martin Lynch |
0 | 0 |
James McGarry |
0 | 0 |
John Merrell |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
CLARK RANDY E |
1,409 | $15.50 |
KEOWN MICHAEL H |
4,958 | $15.04 |
NELSON MARK JOSEPH |
5,947 | $13.62 |
WAHBA JEFFREY A |
10,000 | $13.36 |
WAHBA JEFFREY A |
33,500 | $13.30 |
WAHBA JEFFREY A |
115,000 | $12.77 |
WAHBA JEFFREY A |
15,000 | $10.82 |
WAHBA JEFFREY A |
50,000 | $10.82 |
WAHBA JEFFREY A |
50,000 | $9.63 |
WAITE CAROL LYNN FARMER |
217,790 | $0.00 |
WAITE CAROL LYNN FARMER |
217,789 | $0.00 |
WAITE CAROL LYNN FARMER |
217,790 | $0.00 |
WAITE CAROL LYNN FARMER |
250,205 | $0.00 |
WAITE CAROL LYNN FARMER |
250,205 | $0.00 |
WAITE CAROL LYNN FARMER |
417,986 | $0.00 |
WAITE CAROL LYNN FARMER |
217,790 | $0.00 |
WAITE CAROL LYNN FARMER |
217,790 | $0.00 |
WAITE CAROL LYNN FARMER |
250,205 | $0.00 |
WAITE CAROL LYNN FARMER |
340,000 | $0.00 |
WAITE CAROL LYNN FARMER |
250,205 | $0.00 |
WAITE CAROL LYNN FARMER |
417,986 | $0.00 |
WAITE CAROL LYNN FARMER |
250,205 | $0.00 |
WAITE CAROL LYNN FARMER |
217,789 | $0.00 |
WAITE CAROL LYNN FARMER |
250,205 | $0.00 |
MORTENSEN THOMAS W |
1,627 | $0.00 |
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