At the time of his retirement, Edward F. Knecht owned about 19,944 shares of National Beverage Corp. This reflected a significant roll-up of his wealth into the company’s stock over the years. His holdings demonstrated his commitment and belief in...
At the time of his retirement, Edward F. Knecht owned about 19,944 shares of National Beverage Corp. This reflected a significant roll-up of his wealth into the company’s stock over the years. His holdings demonstrated his commitment and belief in the company's future. Before he retired, most of his financial success was from management fees, but he still maintained a personal stake, showing he wasn't just a passive executive. Knecht’s ownership was a small part of the larger company pie, with National Beverage having 46 million shares outstanding at the time.