Mark T. Smucker net worth and biography

Mark Smucker Biography and Net Worth

As only the sixth CEO in the Company’s 120+-year history, Mark Smucker, President and CEO, has taken on his role with humility and enthusiasm. Mark is passionate about serving all of the Company’s stakeholders and is energized by the opportunity to execute a vision that will position Smucker to continue to engage, delight, and inspire consumers through trusted brands that bring joy throughout their lives.

Under his leadership, Smucker has strengthened its position as a leading manufacturer of beloved products while expanding its role as a world-class marketer of popular brands across growth categories. This is highlighted by the success of several brands including Jif®, Smucker’s® Uncrustables®, Folgers®, Rachael Ray® Nutrish®, and Milk-Bone® This success has allowed the Company to enhance its partnerships with leading retailers, meet the evolving needs of consumers, and increase value for shareholders.

Inspired by Mark’s devotion to being relentlessly consumer-focused, Smucker has adopted a stronger concentration on agility to meet emerging needs. This is reflected in the Company’s investment in data analysis and market intelligence to better predict consumer behavior; corporate strategy, to identify new growth opportunities; and IT and sales, to expand distribution and ensure its products are conveniently available to consumers.

As Smucker has grown, Mark has preserved the culture, guided by the Company’s Basic Beliefs and Our Commitment to Each Other, that instills pride in employees while creating a positive, exciting atmosphere to attract new talent.

In addition to its leadership as a business and employer, Smucker has enhanced its position as a responsible organization. Mark has built upon the Company’s rich history of corporate responsibility by championing sustainable practices, a commitment to responsible sourcing, and a passion for supporting the communities in which Smucker operates.

Prior to being named President and CEO, Mark held leadership roles in the Company’s major businesses, including serving as President of two of its largest divisions, Consumer & Natural Foods and Coffee.

Mark holds a bachelor’s degree from the College of William and Mary as well as a Master of International Management degree from the Thunderbird School of Global Management. He lives in Akron, Ohio, with his wife, two children, and two dogs. Mark enjoys skiing, tennis, music, and cooking with his family.

What is Mark T. Smucker's net worth?

The estimated net worth of Mark T. Smucker is at least $13.34 million as of August 26th, 2022. Mr. Smucker owns 86,649 shares of J. M. Smucker stock worth more than $13,338,747 as of December 1st. This net worth approximation does not reflect any other assets that Mr. Smucker may own. Additionally, Mr. Smucker receives an annual salary of $2,990,000.00 as CEO at J. M. Smucker. Learn More about Mark T. Smucker's net worth.

How old is Mark T. Smucker?

Mr. Smucker is currently 52 years old. There are 4 older executives and no younger executives at J. M. Smucker. Learn More on Mark T. Smucker's age.

What is Mark T. Smucker's salary?

As the CEO of The J. M. Smucker Company, Mr. Smucker earns $2,990,000.00 per year. Learn More on Mark T. Smucker's salary.

How do I contact Mark T. Smucker?

The corporate mailing address for Mr. Smucker and other J. M. Smucker executives is ONE STRAWBERRY LANE, ORRVILLE OH, 44667. J. M. Smucker can also be reached via phone at (330) 682-3000 and via email at [email protected] Learn More on Mark T. Smucker's contact information.

Has Mark T. Smucker been buying or selling shares of J. M. Smucker?

Mark T. Smucker has not been actively trading shares of J. M. Smucker during the last ninety days. Most recently, Mark T. Smucker sold 10,000 shares of the business's stock in a transaction on Friday, August 26th. The shares were sold at an average price of $143.02, for a transaction totalling $1,430,200.00. Following the completion of the sale, the chief executive officer now directly owns 86,649 shares of the company's stock, valued at $12,392,539.98. Learn More on Mark T. Smucker's trading history.

Who are J. M. Smucker's active insiders?

J. M. Smucker's insider roster includes Mark Belgya (Insider), Amy Held (Insider), Jeannette Knudsen (Insider), Tucker Marshall (CFO), Jill Penrose (Insider), Mark Smucker (CEO), Richard Smucker (Director), and Geoff Tanner (Insider). Learn More on J. M. Smucker's active insiders.

Are insiders buying or selling shares of J. M. Smucker?

In the last year, insiders at the sold shares 7 times. They sold a total of 83,058 shares worth more than $11,773,386.80. The most recent insider tranaction occured on September, 7th when insider Jill R Penrose sold 4,543 shares worth more than $639,790.69. Insiders at J. M. Smucker own 3.9 % of the company. Learn More about insider trades at J. M. Smucker.

Information on this page was last updated on 9/7/2022.

Mark T. Smucker Insider Trading History at J. M. Smucker

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/26/2022Sell10,000$143.02$1,430,200.0086,649View SEC Filing Icon  
6/21/2021Sell10,000$130.92$1,309,200.00119,008View SEC Filing Icon  
7/24/2020Sell1,500$110.00$165,000.00133,779View SEC Filing Icon  
7/26/2019Sell2,200$113.28$249,216.00140,975View SEC Filing Icon  
7/16/2018Sell2,500$111.02$277,550.00121,179View SEC Filing Icon  
9/14/2012Sell2,762$86.26$238,250.12View SEC Filing Icon  
See Full Table

Mark T. Smucker Buying and Selling Activity at J. M. Smucker

This chart shows Mark T Smucker's buying and selling at J. M. Smucker by year and by quarter.

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J. M. Smucker Company Overview

J. M. Smucker logo
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, 9Lives, Kibbles 'n Bits, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish and Nature's Recipe, Folgers, Café Bustelo, Dunkin', Folgers, Café Bustelo, 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
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Today's Range

Now: $153.94
Low: $152.96
High: $155.91

50 Day Range

MA: $144.86
Low: $136.59
High: $154.01

2 Week Range

Now: $153.94
Low: $119.82
High: $155.91

Volume

789,601 shs

Average Volume

859,875 shs

Market Capitalization

$16.40 billion

P/E Ratio

28.88

Dividend Yield

2.65%

Beta

0.24