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Universal Corporation (0LJD.L)

LSE - LSE Delayed Price. Currency in USD
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49.01-0.45 (-0.91%)
As of 03:58PM GMT. Market open.

Universal Corporation

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

Sector(s)
Industry
Full-time employees11,200

Key executives

NameTitlePayExercisedYear born
Mr. George C. Freeman IIIChairman, President & CEO2.71MN/A1963
Mr. Johan C. KronerSenior VP & CFO1.13MN/A1968
Mr. Airton L. HentschkeCOO & Senior VP1.54MN/A1970
Mr. Preston Douglas WignerVP, General Counsel & Secretary965.02kN/A1969
Mr. Theodore G. BroomeExecutive VP & Sales Director of Universal Leaf Tobacco Company Inc966.51kN/A1954
Harvard B. SmithVP & Chief Compliance OfficerN/AN/AN/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 processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The company contracts, purchases, processes, and sells flue-cured, burley, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, natural wrapped cigars and cigarillos, smokeless, and pipe tobacco products. It also provides value-added services, including blending, chemical, and physical testing of tobacco; service cutting for various manufacturers; manufacturing reconstituted leaf tobacco; just-in-time inventory management services; electronic nicotine delivery systems; and smoke testing services for customers. In addition, the company offers testing services for crop protection agents and tobacco constituents in seed, leaf, and finished products, including e-cigarette liquids and vapors; and analytical services that include chemical compound testing in finished tobacco products and mainstream smoke. Further, it provides a various value-added manufacturing processes to produce specialty vegetable and fruit-based ingredients, as well as botanical extracts and flavorings for human and pet food markets; and recycles waste materials from tobacco production. Universal Corporation was founded in 1886 and is headquartered in Richmond, Virginia.

Corporate governance

Universal Corporation’s ISS governance QualityScore as of 1 February 2024 is 6. The pillar scores are Audit: 7; 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.