Dylan B. Lissette is the former CEO of Utz Brands, a popular snack company known for its chips and pretzels. He took the lead in 2013 and transitioned to the CEO role during an important business combination in 2020. Lissette's...

Dylan B. Lissette is the former CEO of Utz Brands, a popular snack company known for its chips and pretzels. He took the lead in 2013 and transitioned to the CEO role during an important business combination in 2020. Lissette's background in business management started with a degree in Business Administration. He's not just an executive; he's part of a legacy, as he represents the fourth generation of family leadership at Utz. He's married to the daughter of the company's Chairman Emeritus, which strengthens the family connection to the brand. Under his leadership, Utz saw significant growth in net sales and profits, especially in fiscal years battling inflation. In 2022, he received about $5.7 million in total compensation, showcasing his impact on the company. He has deep institutional knowledge and has been with Utz in various roles since 1995, building his career step by step. Lissette is also known for navigating major challenges, like the COVID pandemic and a strategic acquisition. He stepped into the role of Executive Chairman in late 2022, staying influential as the company continues to grow.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Utz Brands CEOs

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Dylan B. Lissette

Ex-CEO of Utz Brands

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

February 15, 1974 - 51 years ago

CEO of Utz Brands for

3 years 4 months (Aug 2019 - Dec 2022)

Previous Experience

CEO of Utz Brands, Inc. since August 2019

Rivals

Competitors/colleagues of Dylan B. Lissette

Holdings

See how much did Dylan B. Lissette make over time.

Dylan Lissette has been deeply connected to Utz Brands, holding a significant number of restricted stock units (RSUs) throughout his tenure. As of 2022, he had around 144,423 vested RSUs valued at approximately $2.3 million based on the company's stock...

Dylan Lissette has been deeply connected to Utz Brands, holding a significant number of restricted stock units (RSUs) throughout his tenure. As of 2022, he had around 144,423 vested RSUs valued at approximately $2.3 million based on the company's stock price around that time. In terms of stock granted, Lissette received 56,022 shares in December 2022, which will fully vest by the end of 2025. His holdings peaked when he converted a large portion of phantom units to RSUs in connection with the company's previous compensation plans. His wealth is heavily tied to Utz's stock performance, reflecting his commitment to the company’s long-term success. This connection highlights both the risks and rewards he faces as an executive.

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Insider Trading

See recent insider trades of Dylan B. Lissette.

No insider trades found for this CEO.

Compensation History

See how much did Dylan B. Lissette make over time.

In 2022, Dylan Lissette earned a total compensation of $5,691,897 from Utz Brands. His salary for the year was $796,307, and he also received a sizable bonus of $1,748,450 based on specific company performance goals. Lissette earned around 14,423 shares in vested restricted stock units, valued at $228,749 during the fiscal year. He received additional stock options that are set to vest in the coming years, amounting to a total of 56,022 shares granted in December 2022. This diverse compensation package reflects not just his salary, but also the importance of performance-based incentives aligned with company growth. His compensation strategy is designed to reflect Utz's profitability and ensure he remains invested in the company's success.

Year

2022

Total Compensation

$2.80M

Salary

$796.31K

Board Justification

The compensation program is designed to align the compensation of executive officers with the long-term interests of stockholders and to provide a total compensation opportunity that allows for attracting and retaining talented executive officers.

Bonus

$1.75M

Board Justification

The bonus was based on the achievement of specific performance milestones for the Company and the participants, calculated by multiplying the base salary by the individual’s target award percentage and performance scores.

Other

$27.14K

Board Justification

Other compensation includes matching contributions under the 401(k) plan and other perquisites.

Restricted Stock

$228.75K(14.42K RSU)

Board Justification

The vested stock consists of restricted stock units that were earned and vested during the fiscal year 2022.

Performance Metrics

The performance metrics for the CEO's compensation included Adjusted EBITDA, Net Sales, and individual performance objectives.

Other Utz Brands CEOs

Here are other CEOs of Utz Brands

Howard A. Friedman

CEO of Utz Brands

December 2022 - Present