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Universal Corp (UVV.N)

UVV.N on New York Stock Exchange

60.35USD
21 Aug 2018
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Summary

Name Age Since Current Position

George Freeman

55 2017 Chairman of the Board, President, Chief Executive Officer

David Moore

62 2008 Chief Financial Officer, Senior Vice President

Airton Hentschke

48 2015 Chief Operating Officer, Senior Vice President

Johan Kroner

50 Senior Vice President

Preston Wigner

49 2012 Vice President, General Counsel, Secretary

Robert Peebles

60 2011 Vice President, Controller

Candace Formacek

58 2012 Vice President, Treasurer

Theodore Broome

64 2012 Executive Vice President and Sales Director, Universal Leaf Tobacco Company, Inc.

James Huffman

56 2011 Senior Vice President - Information and Planning of Universal Leaf Tobacco Company, Inc.

John Adams

73 2003 Independent Director

Diana Cantor

60 2003 Independent Director

Lennart Freeman

67 2013 Independent Director

Thomas Johnson

68 2001 Independent Director

Michael Lawton

59 Independent Director

Eddie Moore

70 2000 Independent Director

Robert Sledd

65 2009 Independent Director

Biographies

Name Description

George Freeman

Mr. George C. Freeman, III., is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Freeman has been Universal's Chief Executive Officer since April 2008, and President since December 2006. Previously, Mr. G. Freeman served as Universal’s General Counsel and Secretary from February 2001 until November 2005, and was elected Vice President in November 2005. Prior to joining Universal, Mr. G. Freeman served as a law clerk for the Honorable Richard S. Arnold, Circuit Judge, United States Court of Appeals for the Eighth Circuit; a law clerk for the Honorable Lewis F. Powell, Jr., Associate Justice, United States Supreme Court; and an associate with Hunton & Williams, an international law firm. Mr. G. Freeman is also a director of Tredegar Corporation, a manufacturer of plastic films and aluminum extrusions, since May 2011 and serves on its Nominating and Governance Committee and is Chair of its Executive Compensation Committee. He has served as Chairman of the Board of Universal since his election in 2008, and serves as Chairman of the Executive Committee and a member of the Finance Committee.

David Moore

Mr. David C. Moore is no longer Chief Financial Officer, Senior Vice President of the Company effective August 31, 2018. Mr. Moore was elected Senior Vice President and Chief Financial Officer effective September 2008. Mr. Moore served as Vice President and Chief Administrative Officer from April 2006 until September 2008, as Senior Vice President of Universal Leaf from September 2005 until April 2006, and as Managing Director of Universal Leaf International SA from April 2002 until September 2005. He has been employed with the Company since 1978.

Airton Hentschke

Mr. Airton L. Hentschke is Senior Vice President and Chief Operating Officer of the Company. Mr. Hentschke was elected Senior Vice President and Chief Operating Officer in April 2015. From January 2013 to April 2015, he served as Executive Vice President of Universal Leaf Tobacco Company, Incorporated ("Universal Leaf"). From November 2009 to January 2013, Mr. Hentschke served as President and Chief Executive Officer of Universal Leaf Tabacos, Limitada, the Company's operating subsidiary in Brazil. He has been employed with the Company and its affiliates since 1991.

Johan Kroner

Mr. Johan Kroner has been appointed Chief Financial Officer, Senior Vice President of the Company. Mr. Kroner was elected Senior Vice President in February 2018. He has served as Senior Vice President of Universal Leaf from September 2014 to the present, and Vice President from October 2011 to September 2014. He has been employed with the Company since July 1993. .

Preston Wigner

Mr. Preston Douglas Wigner is Vice President, General Counsel and Secretary of the Company. Mr. Wigner was elected Vice President in August 2007, and General Counsel and Secretary in November 2005 and also served as Chief Compliance Officer from November 2007 until September 2012. Mr. Wigner served as Senior Counsel of Universal Leaf from November 2004 until November 2005. He has been employed with the Company since 2003.

Robert Peebles

Mr. Robert M. Peebles is Vice President and Controller of the Company. Mr. Peebles was elected Vice President and Controller in April 2011. Mr. Peebles joined the Company in September 2003 and served as Controller from that time through March 2011.

Candace Formacek

Ms. Candace C. Formacek is Vice President and Treasurer of the Company. Ms. Formacek was elected Vice President and Treasurer effective April 2012. Ms. Formacek served as Treasurer of Universal Leaf from April 2011 through March 2012. She joined the Company in September 2009 and served as Assistant Treasurer of Universal Leaf from that time through March 2011.

Theodore Broome

Mr. Theodore G. Broome is Executive Vice President and Sales Director, Universal Leaf Tobacco Company, Inc., a Subsidiary of the Company. Mr. Broome was elected Executive Vice President and Sales Director, Universal Leaf, in October 2012. From April 2011 through October 2012, Mr. Broome served as Executive Vice President. From September 1998 through March 2011, Mr. Broome served as Senior Vice President-Sales. He has been employed with the Company since 1994.

James Huffman

Mr. James A. Huffman is Senior Vice President - Information and Planning of Universal Leaf Tobacco Company, Inc., a Subsidiary of the Company. Mr. Huffman was elected Senior Vice President, Information and Planning, Universal Leaf, in August 2007. From September 2003 to August 2007, Mr. Huffman served as Senior Vice President. From September 2002 to September 2003, Mr. Huffman served as Vice President and Controller. He has been employed with the Company since 1996.

John Adams

Mr. John B. Adams, Jr., is Independent Director of the Company. Mr. Adams is President, Chief Executive Officer and a director of Bowman Companies, a private land development company, positions he has held for more than five years. He has also been a director of Fauquier Bankshares, Inc., a community bank, since 2003 and has served as Chairman of its Board of Directors since January 2010. He is a member of the Audit, Executive, Finance and Pension Investment Committees and has been a director since 2003. He is President, Chief Executive Officer and a director of Bowman Companies, a private land development company. Until his retirement from the Board, he is a member of the Audit, Executive, Finance and Pension Investment Committees and has been a director since 2003.

Diana Cantor

Ms. Diana F. Cantor is Independent Director of the Company. Ms. Cantor is currently a Partner at Alternative Investment Management, LLC, an independent privately-held investment management firm, a position she has held since January 2010. In this role, she provides executive oversight as a member of the Board of Managers and advises on strategic business development and investment activities. Ms. Cantor also serves as Vice Chairwoman and a Trustee of the Virginia Retirement System, for which she is responsible for the oversight and administration of the Commonwealth of Virginia's retirement system, the 20th largest public or private pension system in the United States. Ms. Cantor is the co-founder and formerly a Managing Director of Hudson James Group LLC, a strategic advisory and consulting services firm, a position she held from February 2012 to December 2014. Mrs. Cantor served as a Managing Director with New York Private Bank and Trust from January 2008 through December 2009, where she participated in the expansion of the Bank’s wealth management activities. She is the founder and formerly an Executive Director of the Virginia College Savings Plan, an independent agency of the Commonwealth of Virginia, a position she held from 1996 to 2007. In this role, she was responsible for the implementation and investment management of a $27 billion program. Earlier in her career, she served as a Vice President of Richmond Resources, Ltd., a real estate development, construction and management company, and as a Vice President at Goldman, Sachs & Co., overseeing the firm’s leveraged buyout and internal investment funds and the merchant banking operations. Mrs. Cantor serves on the board of directors of VICI Properties Inc., an experiential-asset focused real estate investment trust, since 2018, and is a member of its Audit & Finance Committee and Nominating and Corporate Governance Committee. She also serves as a director of Domino's Pizza, Inc., a global pizza restaurant chain and franchise pizza delivery company,

Lennart Freeman

Mr. Lennart R. Freeman is Independent Director of the Company. He worked with Swedish Match AB, a Swedish producer and global distributor of smokeless tobacco products (“Swedish Match”), for over 30 years, serving in various executive roles of increasing responsibility, including as President and Chief Executive Officer of its North American Division and as President of its International Division. Under his leadership, the North American Division tripled its sales and operating income and the International Division successfully completed a major restructuring, resulting in the sale of the South African business to Philip Morris International in 2009 and the merger of the Cigar and Pipe Tobacco business with Scandinavian Tobacco Group in 2010, creating the second largest cigar company in the world. Earlier in his career at Swedish Match, he served as Managing Director, Cricket Lighters and as President for the Cigarette Division. Following his retirement from Swedish Match in 2011 and until December 2014, he served as a director of the board of Dometic Group AB, a privately-held global provider of comfort products for the recreational vehicle, automotive and marine markets. Mr. L. Freeman has served as a director for Universal Corporation since 2013 and is a member of the Audit Committee, the Executive Committee and the Executive Compensation, Nominating and Corporate Governance Committee. Mr. L. Freeman is a well-recognized tobacco industry veteran, receiving the “Giant of the Industry Award” which was presented by the California Distributors Association in October 2005 and the “Captain of the Industry Award” which was presented by the Pennsylvania Distributors Association in October 2000. Mr. L. Freeman has no relation to Mr. G. Freeman.

Thomas Johnson

Mr. Thomas H. Johnson is Independent Director of the Company. He serves as Chief Executive Officer of Taffrail Group, LLC, an international strategic advisory firm, a position he has held since the firm’s founding in 2008. In addition, Mr. Johnson has served as Managing Partner of THJ Investments, L.P., a private investment firm, since November 2005. From 1997 to 2005, Mr. Johnson served as Chairman and Chief Executive Officer of Chesapeake Corporation, a global specialty packaging company, and then served as its Vice Chairman until April 2006. Prior to that, Mr. Johnson served as President and Chief Executive Officer of Riverwood International Corporation (and its predecessor company, Manville Forest Products Corporation). He previously held numerous management positions within Mead Corporation including President of its Paperboard Division and Director, Strategic Planning and Corporate Development. Among other accomplishments over the course of his 35-year career, Mr. Johnson established and managed subsidiaries and joint ventures in Asia-Pacific, South America and Europe, with operations in over 40 countries. Mr. Johnson has substantial board experience, including serving as an independent director of Coca-Cola Enterprises, Inc., a marketer, producer and distributor of Coca-Cola products, from 2007 until its merger with Coca-Cola European Partners ("CCEP") in 2016. CCEP is listed on the London and New York Stock exchanges. Following the merger, he continued to serve as a director of CCEP as the Senior Independent Director and a member of the Remuneration Committee and the Corporate Social Responsibility committees. Previously, Mr. Johnson was a director and member of the Audit and Compensation Committees of Tumi Holdings, Inc., a global distribution company offering travel and business products in multiple categories, until their merger with Samsonite International S.A. in 2016. Mr. Johnson has served on several other boards including Superior Essex, Inc., a manufacturer of wire and cable products,

Michael Lawton

Mr. Michael T. Lawton is Independent Director of the Company. He retired as Executive Vice President and Chief Financial Officer of Domino’s Pizza, Inc., (“Domino’s”) in August 2015. In this position, Mr. Lawton oversaw all financial functions, including financial reporting, treasury, internal audit, tax, risk management, budgeting and analysis, as well as providing strategic oversight. During his time as Chief Financial Officer, Domino’s completed a refinancing of the company with a non-traditional asset backed securitization private placement. Mr. Lawton previously served in numerous executive roles with Domino's, including Interim Chief Information Officer, Executive Vice President of Supply Chain Services, in which he was responsible for North America supply chain operations, and Executive Vice President of International, during which he managed the international business during a period of rapid growth, which included entering 15 new markets. While in this role, he also led a cross-functional task force charged with evaluating the traffic decay in the U.S. business and identifying necessary strategic changes to reverse the trend. He began his tenure with Domino’s in 1999 as Vice President of International Finance, in which he worked with franchises across over 60 markets to identify opportunities for growth. From 1986 to 1999, Mr. Lawton held various financial and general management positions with Gerber Products Company, a subsidiary of Nestle, including serving as Senior Vice President and Chief Operating Officer. Earlier in his career, Mr. Lawton held several positions at Ernst & Whinney (now Ernst & Young) ranging from staff auditor to audit manager, serving clients in manufacturing, health care and wholesale. Since 2013, Mr. Lawton has been a Director of La-Z-Boy, Inc., a manufacturer, importer, distributor and retailer of upholstery furniture products, serving as Chairman of its Audit Committee and is a member of its Compensation Committee. Mr. Lawton has served as a director for Universal Corporation

Eddie Moore

Mr. Eddie N. Moore, Jr., is Independent Director of the Company. He served as President and Chief Executive Officer of Norfolk State University, a public, historically black liberal arts university from 2015 until 2017, and as interim President and Chief Executive Officer beginning in 2013. Mr. E. Moore was interim President and then Chief Executive Officer and President of St. Paul's College, a private, historically black liberal arts college, from November 2011 to June 2012. Beginning in June 1993 and until July 2010, Mr. E. Moore was the President of Virginia State University, a public research university. Upon retirement as President in 2010, he was named President Emeritus of Virginia State University, a position which he continues to hold. He previously served as University Comptroller at The College of William & Mary for two years, and as state treasurer for the Commonwealth of Virginia for three years, heading the Department of the Treasury and serving on 15 state boards and authorities with oversight responsibility for over $20 billion of the Commonwealth’s assets and investment portfolio. For the first 14 years of his career, Mr. E. Moore worked at Gulf Oil Corporation, which specializes in exploring, producing, refining and marketing of petroleum and natural gas. During his tenure at Gulf Oil Corporation, Mr. E. Moore rose through the ranks, ultimately directing major components of the company’s accounting and budgeting functions. Since 2005, he has served as a director of Owens & Minor, Inc. and is a member of its Audit Committee and Governance and Nominating Committee. Mr. E. Moore has served as a director for Universal Corporation since 2000 and is the Lead Independent Director, Chairman of the Audit Committee and a member of the Executive and Finance Committees.

Robert Sledd

Mr. Robert C. Sledd is Independent Director of the Company. He is Managing Partner of Pinnacle Ventures, LLC, a venture capital firm, and Sledd Properties, LLC, an investment company, and has held these roles since 2008 and 2001, respectively. From January 2010 until January 2014, Mr. Sledd served as the Senior Economic Advisor to the former Governor of Virginia and was responsible for the development of Virginia’s strategic economic development plan and oversight in coordination with the Secretary of Commerce. In 1987, Mr. Sledd co-founded and served as Chief Executive Officer of Performance Food Group Company (“PFG”). During his tenure at PFG, Mr. Sledd oversaw the development and implementation of its strategic plan and took the company public in 1993, becoming Chairman and Chief Executive Officer in 1995. Under his leadership, PFG became the third largest foodservice distributor in the U.S. and the largest product processor and bagged salad supplier to both the retail and foodservice mar kets with approximately $7 billion in sales. Mr. Sledd remained Chairman until PFG was taken private in June 2008.

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