Gerald B. Shreiber is the former CEO and current chairman of J&J Snack Foods Corp, a company he founded in 1971. With a long history of leadership in the snack food industry, Shreiber has played a key role in expanding...
Gerald B. Shreiber is the former CEO and current chairman of J&J Snack Foods Corp, a company he founded in 1971. With a long history of leadership in the snack food industry, Shreiber has played a key role in expanding J&J’s product offerings and market presence. His experience spans marketing, production, and finance, giving him a well-rounded understanding of the business. Shreiber's compensation structure is heavily based on performance, aligning his interests with those of the shareholders, with a bonus formula tied to the company’s net earnings. Interestingly, during the COVID-19 pandemic, Shreiber waived his salary for part of 2020, demonstrating a commitment to the company and its employees. Shareholders have recognized his value: his salary and bonus were significant prior to 2021, amounting to over $2 million in some years. He maintains a strong ownership stake in the company, reflecting his long-term belief in its success. Gerald is also noted for having family members involved in key positions within the company, signaling a strong internal culture and loyalty. Shreiber remains an influential figure at J&J, shaping its future as chairman after stepping back from day-to-day operations as CEO in 2021.