In 2023, Thomas P. Werner earned $1.48M in total compensation at Lamb Weston, primarily from $1.10M salary. Most recently acquired 37,030 shares in Jul 2024. Currently holds stock worth $21.39M. Has donated $342.68K in stock to charitable causes. Led Lamb Weston as CEO for 8 years.
Compensation History
Annual executive compensation data for Thomas P. Werner, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.48M
Salary
$1.10M
Bonus
$0.00
Other
$377.10K
Salary
$1.10MBoard Justification
The compensation philosophy is designed to attract, retain, and motivate executives while aligning their interests with those of stockholders through performance-based incentives.
Bonus
$0.00Board Justification
No annual incentive payout was made for fiscal 2024 due to performance not meeting threshold goals.
Other Compensation
$377.10KBoard Justification
Includes contributions to the 401(k) plan, non-qualified deferred compensation plan, and personal use of company aircraft.
Restricted Stock
Board Justification
No stock awards vested in 2023 as the focus is on the performance-based stock awards that are subject to multi-year vesting periods.
Performance Metrics
The performance metrics for fiscal 2024 included net sales and Adjusted EBITDA, which did not meet threshold goals for incentive payouts.
Thomas P. Werner
Ex-CEO of Lamb Weston
Education
Bachelor's degree in Business Administration from the University of Washington
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
January 1, 1972 - 53 years ago
CEO of Lamb Weston for
8 years 1 month (Nov 2016 - Jan 2025)
Previous Experience
Formerly served as President and Chief Executive Officer of Lamb Weston Holdings, Inc.
Other Lamb Weston CEOs
Holdings
Track Thomas P. Werner's stock holdings and portfolio value over time.
Total Stock Sold
$15.60M
$15.60M
208,382 LW shares
What if they kept their stock?
If Thomas P. Werner didn't sell their stock, today they would have:
Extra LW208,382 shares worth $12.44M.
This is -20.24% and $3.16M less than what they got when they sold the stock.
Charitable Transactions
5,740 shares
LW
Recent Charitable Transactions
5,740 shares
LW
Nov 6, 2023
Charity
Insider Trading
Thomas P. Werner's recent stock transactions, purchases, and sales filed with the SEC.
37,030 shares
LW
Jul 26, 2024
Received
5,740 shares
LW
Nov 6, 2023
Charity
20,547 shares
LW
Jul 27, 2023
Received
26,362 shares
LW
Jul 29, 2022
Received
65,494 shares
LW
Jul 20, 2022
Received
$4.66M
LW at $67.13/share
Aug 2, 2021
Sale
31,226 shares
LW
Jul 29, 2021
Received
39,301.03 shares
LW
Jul 21, 2021
Received
$5.42M
LW at $78.05/share
Apr 12, 2021
Sale
$5.40M
LW at $77.65/share
Jan 15, 2021
Sale
Rivals
Compare Thomas P. Werner with competitor CEOs and industry peers.