Lancaster Colony Corporation (LANC)

187.03 -0.95 (-0.51%) At close: 04:00PM EDT

Lancaster Colony Corporation

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

Sector(s): Consumer Defensive
Industry: Packaged Foods
Full Time Employees: 3,400

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David A. Ciesinski	President, CEO & Director	2.43M	1.99M	1966
Mr. Thomas K. Pigott	VP, Assistant Secretary & CFO	1.27M	1.09M	1965
Mr. John B. Gerlach Jr.	Executive Director	315.79k	N/A	1955
Mr. Carl R. Stealey	President of Retail Division at T. Marzetti Company	932.28k	435.28k	1971
Ms. Kristin J. Bird	President of Foodservice Division of T. Marzetti Company	951.52k	459.28k	1971
Mr. Luis Viso	Chief Supply Chain Officer of T. Marzetti Company	802.21k	N/A	1960
Dale N. Ganobsik	Vice President of Corporate Finance, Investor Relations & Treasurer	N/A	N/A	N/A
Mr. Matthew R. Shurte	General Counsel, Chief Ethics Officer & Secretary	N/A	N/A	1968
Janet A. Murch	VP & Corporate Controller	N/A	N/A	N/A

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

Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand. It also manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces, and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.

Corporate Governance

Lancaster Colony Corporation’s ISS Governance QualityScore as of April 1, 2024 is 5. The pillar scores are Audit: 6; Board: 4; Shareholder Rights: 9; Compensation: 3.

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.