JM SMUCKER (SJM)
Sector: Consumer Staples
Sector: Consumer Staples
JM SMUCKER - Executive Compensation
Chief Executive Officer, President and Chair of the Board
Executive Compensation
Mark Smucker is the Chair of the Board, President, and Chief Executive Officer at The J.M. Smucker Company, a position he has held since May 2016. Born into the Smucker family, Mark has a deep-rooted connection to the company, which was founded by his great-great-grandfather in 1897. He joined J.M. Smucker in 1982 and has held various leadership roles within the organization, including President of U.S. Retail Coffee, President of U.S. Retail Consumer Foods, and President of International, Foodservice, and Natural Foods. Mark's educational background includes a Bachelor of Science degree in chemical engineering from Lehigh University and an MBA from the University of Michigan's Ross School of Business. Under Mark Smucker's leadership, J.M. Smucker has continued to grow and evolve, focusing on its core categories of coffee, pet food, and snacking. He has been instrumental in driving the company's strategic transformation, which includes divesting non-core businesses and acquiring new brands to strengthen the company's portfolio. Some notable acquisitions during his tenure include Ainsworth Pet Nutrition, Big Heart Pet Brands, and the divestiture of the company's baking business. Mark's vision for the company is to be a leading and growing branded food and beverage company, and he has successfully guided J.M. Smucker through a period of significant change and growth. As Chair of the Board, President, and CEO, Mark Smucker plays a crucial role in setting the company's direction and ensuring its long-term success. He is responsible for overseeing the company's operations, leading its executive team, and making key strategic decisions. Mark is also committed to fostering a strong corporate culture at J.M. Smucker, emphasizing values such as integrity, respect, and a passion for winning. Under his leadership, the company has been recognized for its commitment to sustainability, diversity, and community engagement. Mark's dedication to the company's mission and values has helped solidify J.M. Smucker's position as a trusted and beloved brand in the food and beverage industry.