Farmer Bros. Co. (FARM)

3.1475 +0.0175 (+0.56%) As of 02:19PM EDT. Market open.

Farmer Bros. Co.

1912 Farmer Brothers Drive
Northlake, TX 76262
United States
682 549 6600
https://www.farmerbros.com

Sector(s): Consumer Defensive
Industry: Packaged Foods
Full Time Employees: 993

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Jared G. Vitemb	VP, General Counsel, Secretary & Chief Compliance Officer	327.72k	N/A	1983
Mr. John E. Moore III	CEO, President & Director	N/A	N/A	1971
Mr. Brad Bollner	Interim Chief Finance Officer	N/A	N/A	1972
Mr. Matthew Coffman	VP, Principal Accounting Officer & Controller	N/A	N/A	1980
Jennifer Milan	Investor Relations	N/A	N/A	N/A
Mr. Thomas E. Bauer	VP & Chief Commercial Officer	N/A	N/A	1965

Amounts are as of December 31, 2023 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

Farmer Bros. Co. engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and other allied products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; and other beverages comprising cappuccino, cocoa, granitas, and other blender-based beverages and concentrated and ready-to-drink cold brew and iced coffee. It also engage installation, repair, and refurbishment services for an array of coffee, tea, and juice equipment. The company serves small independent restaurants, foodservice operators, and large institutional buyers and national account customers. The company distributes its products through direct-store-delivery network, and common carriers or third-party distributors, as well as website. The company was founded in 1912 and is headquartered in Northlake, Texas.

Corporate Governance

Farmer Bros. Co.’s ISS Governance QualityScore as of April 1, 2024 is 4. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 4; Compensation: 6.

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.