Carl Wolf is a seasoned executive with over 40 years in the food industry. He has been the CEO and Chairman of Mama's Creations, Inc. since 2010 and played a critical role in guiding the company through its growth years....

Carl Wolf is a seasoned executive with over 40 years in the food industry. He has been the CEO and Chairman of Mama's Creations, Inc. since 2010 and played a critical role in guiding the company through its growth years. Before this, he founded Alpine Lace Brands, Inc., a company that reached over $125 million in wholesale sales, showing his knack for driving business success. Wolf also started MCT Dairies, adding to his diverse experience in food resources. He holds a B.A. from Rutgers University and an M.B.A. from the University of Pittsburgh, demonstrating a solid academic foundation. Interestingly, he retired from his CEO position on January 31, 2023, but continues to serve as Chairman of the Board, highlighting his commitment to the company. His compensation has varied, with his salary peaking at $215,000 in 2022, reflecting the competitive nature of executive pay during his tenure. Wolf's decisions have shaped the food products we see today, and his strategic approach will likely keep influencing Mama's Creations long after his retirement.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Mama's Creations, Inc. CEOs

M

Carl Wolf

Founder and Ex-CEO of Mama's Creations, Inc.

Education

B.A. from Rutgers University; M.B.A. from the University of Pittsburgh

Field of Expertise

Agriculture & Food - Food

Sector of Economy

Consumer Defensive

Born

January 1, 1953 - 72 years ago

CEO of Mama's Creations, Inc. for

12 years 11 months (Feb 2010 - Jan 2023)

Previous Experience

Founder and CEO of Alpine Lace Brands, Inc.; CEO of MCT Dairies, Inc.; Co-chairman of Saratoga Beverage Company; Director of American Home Food Products, Inc.

Rivals

Competitors/colleagues of Carl Wolf

Holdings

See how much did Carl Wolf make over time.

Carl Wolf holds a significant stake in Mama's Creations, Inc. (MAMA), owning approximately 19.89% of the company with 7,223,248 shares. His ownership indicates a strong belief in the company's prospects and aligns his interests closely with those of the shareholders....

Carl Wolf holds a significant stake in Mama's Creations, Inc. (MAMA), owning approximately 19.89% of the company with 7,223,248 shares. His ownership indicates a strong belief in the company's prospects and aligns his interests closely with those of the shareholders. This shareholding has seen fluctuations, as his net worth derived from the company appreciated significantly during his leadership years, especially as sales grew and profits increased. The market performance of MAMA has been volatile, reflecting broader trends in small-cap food brands, but Wolf's substantial ownership mitigates some of that risk as he remains committed to ensuring the company's success. His holdings demonstrate the typical stock market dynamics faced by an executive, where the value rises and falls based on company performance and market conditions.

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Insider Trading

See recent insider trades of Carl Wolf.

No insider trades found for this CEO.

Compensation History

See how much did Carl Wolf make over time.

Carl Wolf's compensation as CEO at Mama's Creations primarily consisted of his base salary, peaking at $215,000 in 2022. His compensation structure has largely been straightforward, focusing on salary without bonuses or stock options in recent years. The absence of stock awards and bonuses signals a conservative approach to executive pay, meaning that during financially challenging times or corporate transitions, his pay remained stable to reflect strategic leadership. Since 2010, his yearly earnings have seen a gradual increase, showing consistency and a possible alignment with company performance metrics. His final reported salary before retirement in 2023 was $142,167, down from the previous years, indicating a pivot as new leadership steps in to take the helm.

Year

2023

Total Compensation

$135.42K

Salary

$135.42K

Board Justification

The company aims to align CEO compensation with performance and market standards, focusing on retention and competitive positioning.

Bonus

$0.00

Board Justification

No bonus was paid for the fiscal year ended January 31, 2023.

Other

$0.00

Board Justification

No other compensation was reported for 2023.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023.

Performance Metrics

No specific performance metrics were disclosed for determining compensation in 2023.

Other Mama's Creations, Inc. CEOs

Here are other CEOs of Mama's Creations, Inc.

Adam L. Michaels

CEO of Mama's Creations, Inc.

September 2022 - Present