Mark T. Smucker is the President and CEO of The J.M. Smucker Company, having transitioned into the CEO role in May 2016, aiming to build on the legacy of his family in the business. He has a strong focus on...

Mark T. Smucker is the President and CEO of The J.M. Smucker Company, having transitioned into the CEO role in May 2016, aiming to build on the legacy of his family in the business. He has a strong focus on the company's growth and competitive strategy, supported by his background in various leadership positions since joining Smucker in 2001. His education includes a Bachelor's degree from the University of Akron, which sets the foundation for his career in business. Under his leadership, Smucker has committed to performance-based pay and aims to align executive compensation with company success. Notably, Mark also successfully transitioned into the role of Chair of the Board in August 2022, following a multi-generational family tradition at the company. Interestingly, his insider trading activity has seen some significant fluctuations, peaking around $30.85 million in early 2023, highlighting the confidence and stakes he has in the company's future.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other The J.M. Smucker Company CEOs

T

Mark T. Smucker

CEO of The J.M. Smucker Company

Education

Bachelor's degree from the University of Akron

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1970 - 55 years ago

CEO of The J.M. Smucker Company for

2 years 7 months (Aug 2022 - Present)

Previous Experience

President and Chief Executive Officer

Rivals

Competitors/colleagues of Mark T. Smucker

F

A. Ryals McMullian

CEO of Flowers Foods

2023 Compensation

Stock

$0.00

Salary

$955.00K

Bonus

$0.00

Other

$258.94K

Total Holdings

$53.34M

P

Robert V. Vitale

CEO of Post Holdings

2023 Compensation

Stock

$0.00

Salary

$1.25M

Bonus

$1.95M

Other

$105.89K

Total Holdings

$248.85M

U

Howard A. Friedman

CEO of Utz Brands

2023 Compensation

Stock

$0.00

Salary

$691.67K

Bonus

$1.05M

Other

$0.00

Total Holdings

$7.97M

C

Sean Connolly

CEO of Conagra Brands

2023 Compensation

Stock

$0.00

Salary

$1.38M

Bonus

$0.00

Other

$563.38K

Total Holdings

$42.44M

T

Carlos Abrams-Rivera

CEO of The Kraft Heinz Company

2023 Compensation

Stock

$4.71M

Salary

$800.00K

Bonus

$2.26M

Other

$488.03K

Total Holdings

$19.28M

Holdings

See how much did Mark T. Smucker make over time.

Mark T. Smucker has seen his insider holdings fluctuate significantly in value during his tenure. The highest recorded value was approximately $30.85 million in January 2023, showing strong confidence in the company during this period. His holdings decreased to about...

Mark T. Smucker has seen his insider holdings fluctuate significantly in value during his tenure. The highest recorded value was approximately $30.85 million in January 2023, showing strong confidence in the company during this period. His holdings decreased to about $21.25 million by November 2023. Mark's financial involvement reflects the ups and downs of the company’s performance while he drives business decisions from behind the CEO desk. His wealth tied to the company's stock highlights a strong alignment of interests between him and the shareholders. Over the years, there have been notable transactions, marking a consistent engagement with the company's financial health and outlook.

Mar 18, 2025

K

shares

KMB @ $139.53

S

shares

SJM @ $110.87

Total Stock Sold

$12.53M

SJM

$12.53M

99,687 SJM shares

What if they kept their stock?

If Mark T. Smucker didn't sell their stock, today they would have:
Extra SJM99,687 shares worth $11.24M.
This is -10.32% and $1.29M less than what they got when they sold the stock.

Charitable Transactions

SJM

20,149 shares

SJM

Recent Charitable Transactions

SJM

430 shares

SJM

Dec 10, 2024

Charity

SJM

1,496 shares

SJM

Oct 6, 2023

Charity

SJM

1,974 shares

SJM

Jun 13, 2023

Charity

SJM

1,001 shares

SJM

Mar 9, 2023

Charity

SJM

6,336 shares

SJM

Dec 21, 2022

Charity

SJM

700 shares

SJM

Aug 29, 2022

Charity

Insider Trading

See recent insider trades of Mark T. Smucker.

SJM

430 shares

SJM

Dec 10, 2024

Charity

SJM

$1.10M

SJM at $110.16/share

Jun 21, 2024

Sale

SJM

45,540 shares

SJM

Jun 13, 2024

Received

KMB

$100.05K

KMB at $120.98/share

Jan 29, 2024

Purchase

SJM

1,496 shares

SJM

Oct 6, 2023

Charity

SJM

1,496 shares

SJM

Oct 6, 2023

Charity

SJM

$1.52M

SJM at $152.30/share

Jun 20, 2023

Sale

SJM

23,452 shares

SJM

Jun 15, 2023

Received

SJM

1,974 shares

SJM

Jun 13, 2023

Charity

SJM

1,974 shares

SJM

Jun 13, 2023

Charity

Compensation History

See how much did Mark T. Smucker make over time.

In 2023, Mark T. Smucker's total compensation reached approximately $13.1 million, with a salary of $1.14 million. His compensation package includes a performance bonus of $23,000, restricted stock valued at about $7.67 million, and other benefits amounting to $199,567. This pay structure emphasizes the company's commitment to performance-based compensation. Since taking the CEO position, his compensation has been reflective of Smucker’s performance metrics, designed to motivate executives while keeping the company’s competitive edge in mind. The compensation philosophy at Smucker focuses on attracting and retaining talented individuals, crucial in a market where food companies face constant challenges.

Year

2023

Total Compensation

$9.04M

Salary

$1.14M

Board Justification

Compensation is designed to be fair, equitable, and competitive to attract and retain qualified individuals, with a focus on performance-based pay.

Bonus

$23.00K

Board Justification

Annual holiday bonus equal to 2% of annual base salary, provided to all salaried and hourly non-represented employees.

Other

$199.57K

Board Justification

Includes various perquisites such as personal use of aircraft, financial and tax planning assistance, and charitable matching gifts.

Restricted Stock

$7.67M(49.12K Restricted Stock)

Board Justification

Restricted stock that vested in 2023, based on the performance criteria established for the fiscal year.

Performance Metrics

Performance metrics include adjusted operating income, net sales, and ESG objectives.

Other The J.M. Smucker Company CEOs

Here are other CEOs of The J.M. Smucker Company

Richard K. Smucker

Ex-CEO of The J.M. Smucker Company

August 2011 - August 2022