Universal Corporation (UVV)

48.19 +0.56 (+1.18%) At close: 04:00PM EDT

Universal Corporation

9201 Forest Hill Avenue
Richmond, VA 23235
United States
804 359 9311
https://www.universalcorp.com

Sector(s): Consumer Defensive
Industry: Tobacco
Full-time employees: 10,800

Key executives

Name	Title	Pay	Exercised	Year born
Mr. George C. Freeman III	Chairman, President & CEO	2.71M	N/A	1963
Mr. Johan C. Kroner	Senior VP & CFO	1.13M	N/A	1968
Mr. Airton L. Hentschke	COO & Senior VP	1.54M	N/A	1970
Mr. Preston Douglas Wigner	Senior Vice President	965.02k	N/A	1969
Mr. Theodore G. Broome	Executive VP & Sales Director of Universal Leaf Tobacco Company Inc	966.51k	N/A	1954
Ms. Catherine H. Claiborne	VP, General Counsel & Secretary	N/A	N/A	1961
Harvard B. Smith	VP & Chief Compliance Officer	N/A	N/A	N/A
Mr. McKeen Starke	Senior VP & Sales Director	N/A	N/A	1976
Joseph W. Hearington Jr.	Vice President of Internal Auditing	N/A	N/A	N/A
Beth Ann Luther	Vice President of Taxes	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Universal Corporation engages in sourcing, processing, and supplying leaf tobacco and plant-based ingredients worldwide. It operates through two segments, Tobacco Operations, and Ingredients Operations. The Tobacco Operations segment is involved in procuring, processing, packing, storing, and shipping of flue-cured, burley, dark air-cured, and oriental leaf tobacco for manufacturers of consumer tobacco products, as well as provision of related services; providing specialty services, such as custom blending, chemical and physical testing of tobacco, service cutting, reconstituted leaf tobacco manufacturing, and just-in-time product delivery services; and liquid nicotine for tobacco products manufacturers, as well as recycled waste materials from tobacco production. The Ingredients Operations segment engages in the production of specialty plant-based ingredients, including fruits, vegetables, herbs, fruit and vegetable juices, concentrates, pomaces, ciders, purees, nutraceuticals, fruit fibers, seeds, seed powders, dehydrated products, botanical extracts, distillates, natural flavors, colors, and other value-added products for consumer-packaged goods manufacturers and retailers, as well as food, beverage, and flavor companies. The company was founded in 1886 and is headquartered in Richmond, Virginia.

Corporate governance

Universal Corporation’s ISS governance QualityScore as of 1 June 2024 is 6. The pillar scores are Audit: 8; Board: 6; Shareholder rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.