People: Lifeway Foods Inc (LWAY.OQ)
Ms. Julie Smolyansky serves as a President, Chief Executive Officer, Director of Lifeway Foods Inc. She is a graduate with a bachelor’s degree from the University of Illinois at Chicago. Prior to her appointment, Ms. Smolyansky spent six years as Lifeway’s Director of Sales and Marketing. Ms. Smolyansky also served as Lifeway’s Chief Financial Officer and Treasurer from 2002 to 2004. She holds no other directorships in any other reporting company. Ms. Smolyansky is the daughter of Ludmila Smolyansky (the Chairperson of the Board), and brother of Edward Smolyansky (the Chief Operating Officer, Treasurer, Secretary, and a Director of the Company). The significant knowledge base and operational expertise she has acquired by serving the Company as a senior executive for over twenty years qualify her to continue to serve on the Board. Ms. Smolyansky’s family maintains a controlling interest in the Company, and the Board believes it is appropriate to provide for continuity of the representation of the Smolyansky family on the Board as a component of our succession planning strategy.
|Total Annual Compensation, USD||1,742,440|
|Restricted Stock Award, USD||575,000|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||49,539|
|Fiscal Year Total, USD||2,366,980|