Adolphus Baker holds a significant stake in Cal-Maine Foods. His holdings include approximately 544,293 shares of common stock and about 1,312,808 shares of Class A common stock, which give him a total voting power of approximately 53.9%. His wealth peaked...
Adolphus Baker holds a significant stake in Cal-Maine Foods. His holdings include approximately 544,293 shares of common stock and about 1,312,808 shares of Class A common stock, which give him a total voting power of approximately 53.9%. His wealth peaked alongside the company's performance, especially during years like 2021 and 2022 when his total compensation was over $1 million, demonstrating his influence and commitment as a leading figure in the egg production industry. While he primarily holds stock as part of the company's long-term incentive programs, he maintains a balance between personal and company wealth. His connection to the legacy of the company, through both direct holdings and family ties, amplifies his vested interest in its continuous success.