Graham A. Purdy is the CEO and President of Turning Point Brands, Inc., a role he stepped into in October 2022 after serving as Chief Operating Officer for three years. With a degree from California State University, Chico, Graham has...

Graham A. Purdy is the CEO and President of Turning Point Brands, Inc., a role he stepped into in October 2022 after serving as Chief Operating Officer for three years. With a degree from California State University, Chico, Graham has a strong background in business, having been with Turning Point since 2004 and rising through various leadership roles. Before joining Turning Point, he spent seven years at Philip Morris, USA, where he built experience in sales and management. Graham's leadership style is focused on performance metrics like revenue growth and market share, reflecting his commitment to the company’s success and innovation in the market. In 2023, he earned a total compensation of $650,000, which includes a salary of $500,000 and a bonus tied to performance achievements. He has a hands-on approach and was integral in overseeing the expansion of the company’s product lines, particularly through his work with initiatives like Nu-X Ventures. His career development highlights a consistent track record of driving product development and sales strategy, demonstrating that hard work and strategic planning lead to significant career growth and impact.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Turning Point Brands CEOs

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Graham A. Purdy

CEO of Turning Point Brands

Education

Bachelor's degree from California State University, Chico

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1972 - 53 years ago

CEO of Turning Point Brands for

2 years 5 months (Oct 2022 - Present)

Previous Experience

Chief Operating Officer of the Company since November 2019.

Rivals

Competitors/colleagues of Graham A. Purdy

Holdings

See how much did Graham A. Purdy make over time.

Graham A. Purdy primarily holds stock in Turning Point Brands, reflecting his commitment to the company's future. As of 2023, his vested stock amounts to 2,000 RSUs valued at $60,000, a small part of his financial portfolio indicating his long-term...

Graham A. Purdy primarily holds stock in Turning Point Brands, reflecting his commitment to the company's future. As of 2023, his vested stock amounts to 2,000 RSUs valued at $60,000, a small part of his financial portfolio indicating his long-term alignment with the company’s performance. Interestingly, between 2022 and 2023, his compensation showed a small decline from $680,000 to $650,000. Although he had no new stock grants in 2023, the stability of his holdings shows confidence in his leadership and the company's direction during times of market change. His holdings also reflect his strategy of focusing on long-term value rather than quick gains, positioning him as a committed leader.

Insider Trading

See recent insider trades of Graham A. Purdy.

TPB

$814.54K

TPB at $26.52/share

Mar 1, 2024

Received

TPB

$221.08K

TPB at $24.84/share

Feb 1, 2024

Received

TPB

$20.78K

TPB at $20.78/share

May 15, 2023

Purchase

TPB

$599.99K

TPB at $22.25/share

May 5, 2023

Received

TPB

$237.14K

TPB at $22.71/share

Feb 10, 2023

Received

TPB

2,500 shares

TPB

Mar 14, 2022

Received

TPB

$304.26K

TPB at $33.92/share

Feb 3, 2022

Received

TPB

$38.18K

TPB at $38.18/share

Oct 28, 2021

Purchase

TPB

$38.18K

TPB at $38.18/share

Oct 28, 2021

Received

TPB

$22.57K

TPB at $22.57/share

Apr 30, 2020

Purchase

Compensation History

See how much did Graham A. Purdy make over time.

In 2023, Graham A. Purdy's total compensation was $650,000, which includes a base salary of $500,000, a bonus of $100,000 connected to performance goals, and an additional $50,000 in benefits. His bonus reflects the achievement of specific metrics, showing a results-driven approach to compensation. Comparatively, his earnings decreased from $680,000 in 2022 mainly due to a lower bonus which was also $150,000 the previous year. Graham's compensation structure aligns with his philosophy that pay should be linked to company performance, ensuring that the leadership is financially motivated to meet ambitious company goals. This approach also indicates a healthy compensation strategy, focusing on retention and attracting top talent in a competitive industry.

Year

2023

Total Compensation

$710.00K

Salary

$500.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies to attract and retain top talent.

Bonus

$100.00K

Board Justification

The bonus is based on the achievement of specific performance metrics set by the Compensation Committee for the fiscal year 2023.

Other

$50.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2023.

Restricted Stock

$60.00K(2K RSU)

Board Justification

The vested stock consists of RSUs that were granted in previous years and vested in 2023.

Performance Metrics

Performance metrics include revenue growth, EBITDA targets, and market share objectives.

Other Turning Point Brands CEOs

Here are other CEOs of Turning Point Brands

Yavor Efremov

Ex-CEO of Turning Point Brands

January 2022 - October 2022