Stacy LoretzCongdon - Farmer Brothers Independent Director

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FARM -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Ms. Stacy LoretzCongdon is independent director of the company. Ms. LoretzCongdon retired at the end of 2016 after 26 years of service at CoreMark, one of the largest marketers of fresh and broadline supply solutions to the convenience retail industry in North America, where she served in various capacities, including as Senior Vice President, Chief Financial Officer and Assistant Secretary from December 2006 to May 2016 and Executive Advisor from May 2016 through December 2016. From January 2003 to December 2006, Ms. LoretzCongdon served as CoreMarks Vice President of Finance and Treasurer and from November 1999 to January 2003 served as CoreMarks Corporationrationrate Treasurer. Ms. LoretzCongdon joined CoreMark in 1990. Ms. LoretzCongdons experience at CoreMark included oversight of all finance functions, including all corporate finance disciplines, strategy execution, risk mitigation, investor relations, as well as involvement with benefits, executive compensation and technology initiatives. During her tenure as Senior Vice President and Chief Financial Officer, Ms. LoretzCongdon served on the Information Technology Steering Committee and the Investment Committee at CoreMark, as well as a board member of all CoreMark subsidiaries. CoreMark is a Fortune 500, publicly traded company listed on the NASDAQ Global Market. In 2015, Ms. LoretzCongdon was named as one of the Top 50 female CFOs in the Fortune 500 by Business Insider and Woman of the Year by Convenience Store News. Prior to joining CoreMark, Ms. LoretzCongdon was an auditor for Coopers Lybrand. Ms. LoretzCongdon received her BS degree in Accounting from California State University, San Francisco. She is a certified public accountant in the State of California
Age: 58  Director Since 2018      
888 998-2468  www.farmerbros.com
LoretzCongdon is an NACD Governance Fellow and NACD Board Leadership Fellow demonstrating her commitment to boardroom excellence by completing NACD?s comprehensive corporate governance programs for directors.

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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