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Scott Siers - Farmer Brothers President

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FARM -- USA Stock  

Earning Report: 5th of May 2020  

  President
Mr. Scott A. Siers is no longer serves as Senior Vice President, General Manager Sales of the Company. Effective August 31, 2019. Mr. Siers has served as a member of the Companys executive management team since February 2017 after having served as the Companys Senior Vice President, National Account Sales from February 2013 to February 2017. As Senior Vice President and General ManagerSales, Mr. Siers current responsibilities include general management and leadership of the Companys sales organization, including strategy, planning, organizational design and process improvement. Mr. Siers manages sales across all channels of trade and leads the Companys corporate sustainability programs. Prior to joining the Company, Mr. Siers was Vice President, Business Development at McLane Company, a supply chain services company, from 2009 to September 2012, with responsibility for change management, new business sales and marketing. Mr. Siers other experience includes various roles with PepsiCo, including as Vice President, Industry Relations Business Development, where he led strategy and execution of industry relations and business development for all PepsiCo brands within the foodservice industry, and Vice President, National Accounts Chief Customer Officer, where he led the national sales organization, as well as experience with Tropicana Products, Inc., where he served as Vice President, General ManagerUS Sales
Age: 54  President Since 2017      
888 998-2468  www.farmerbros.com
Siers graduated with a B.S. in Marketing from Western Kentucky University.

Management Efficiency

The company has return on total asset (ROA) of (0.18) % which means that it has lost $0.18 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (0.46) % meaning that it created substantial loss on money invested by shareholders.
The company currently holds 103.81 M in liabilities with Debt to Equity (D/E) ratio of 63.9 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Farmer Brothers has Current Ratio of 1.6 which is within standard range for the sector.

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Company Summary

Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. Co. was founded in 1912 and is headquartered in Northlake, Texas. Farmer Brothers operates under Packaged Foods classification in USA and is traded on BATS Exchange. It employs 1521 people.Farmer Brothers Company (FARM) is traded on BATS Exchange in USA. It is located in 1912 Farmer Brothers Drive, Northlake, TX 76262, United States and employs 1,521 people. Farmer Brothers is listed under Food Products category by Fama And French industry classification.

Farmer Brothers Leadership Team

David Robson, CFO, TreasurerView
Allison Boersma, Independent DirectorView
Charles Marcy, DirectorView
Guenter Berger, Independent Chairman of the BoardView
Scott Bixby, Sr. VP and General Manager of Direct Store DeliveryView
Christopher Mottern, Independent DirectorView
Randy Clark, Independent DirectorView
Michael Keown, CEO and President Director, Member of Admin. Committee, Member of Sr. VP of Operations Search Committee and Member of CFO Search CommitteeView
Teri Witteman, SecretaryView
Hamideh Assadi, Independent DirectorView
David Ritterbush, Independent DirectorView
Thomas Mattei, General Counsel, Assistant Secretary and Member of Admin. CommitteeView
Barry Fischetto, Sr. VP of OperationsView
Jeanne Grossman, Independent DirectorView
Ellen Iobst, Chief Operations OfficerView
Stacy LoretzCongdon, Independent DirectorView
Scott Siers, Senior Vice President and General Manager - Direct ShipView
Isaac Johnston, CFO, Treasurer and Member of Admin. CommitteeView

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