STACY LORETZ-CONGDON - Corporate Board Profile

FARMER BROTHERS CO

Filing Date	Source Excerpt
2018-10-25	Ms. Loretz-Congdon recently retired after a 26-year career at Core-Mark Holding Company, Inc. Prior to her retirement, Ms. Loretz-Congdon spent nearly a decade as Core Mark's Senior Vice President, Chief Financial Officer and Assistant Secretary. If elected, Ms. Loretz-Congdon would be an independent director under the NASDAQ standards and qualified to serve on the Company’s standing committees. No compensation is listed as she is a nominee.
2019-10-15	Stacy Loretz-Congdon, age 60, retired at the end of 2016 after 26 years of service at Core-Mark Holding Company, Inc. ... During fiscal 2019, Stacy Loretz-Congdon served on the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. ... The following table shows fiscal 2019 non-employee director compensation: ... Stacy Loretz-Congdon Fees Earned or Paid in Cash ($) 83,750 Stock Awards ($) 65,010 Total ($) 148,760
2020-10-27	Stacy Loretz-Congdon, age 61, retired at the end of 2016 after 26 years of service at Core-Mark Holding Company, Inc.... During fiscal 2020, the Audit Committee held seven meetings. Stacy Loretz-Congdon currently serves as a member of the Audit Committee... Allison M. Boersma and David W. Ritterbush currently serve as members of the Compensation Committee... The following table shows fiscal 2020 non-employee director compensation: Stacy Loretz-Congdon Fees Earned or Paid in Cash ($) 73,125, Stock Awards ($) 64,992, Total ($) 138,117.
2021-10-27	Stacy Loretz-Congdon, age 62, has served on our Board since 2018... Ms. Loretz-Congdon serves as Chair of the Nominating and Corporate Governance Committee... During fiscal 2021, the Audit Committee held five meetings... Stacy Loretz-Congdon currently serves as members of the Audit Committee... During fiscal 2021, the Nominating and Corporate Governance Committee met six times. Ms. Loretz-Congdon currently serves as Chair... In July 2020, the Board created an ad hoc Search Committee... Stacy Loretz-Congdon is the sole member of the Search Committee... The following table sets forth non-employee director compensation for fiscal 2021: Stacy Loretz-Congdon: $201,183.
2022-12-02	Ms. Loretz-Congdon serves as Chair of the Nominating and Corporate Governance Committee... Ms. Loretz-Congdon’s qualifications to serve on our Board include her leadership as a former public company CFO, including accounting and financial expertise and regulatory compliance... The following table sets forth non-employee director compensation for fiscal 2022: Stacy Loretz-Congdon Fees Earned or Paid in Cash $80,000, Stock Awards $95,000, Total $175,000.
2023-12-12	Stacy Loretz-Congdon, age 64, has served on our Board since 2018. She retired at the end of 2016 after 26 years of service at Core-Mark Holding Company, Inc. (formerly NASDAQ: CORE), one of the largest marketers of fresh and broad-line 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. Loretz-Congdon served as Core-Mark’s Vice President of Finance and Treasurer and from November 1999 to January 2003 served as Core-Mark’s Corporate Treasurer. Ms. Loretz-Congdon joined Core-Mark in 1990. Ms. Loretz-Congdon’s experience at Core-Mark 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. Loretz-Congdon served on the Information Technology Steering Committee and the Investment Committee at Core-Mark, as well as a board member of all Core-Mark subsidiaries. Core-Mark was a Fortune 500, publicly traded company listed on the Nasdaq Global Market until September 2021 when it merged with Performance Food Group Company (NYSE: PFGC). In 2015, Ms. Loretz-Congdon 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 Core-Mark, Ms. Loretz-Congdon was an auditor for Coopers & Lybrand. Ms. Loretz-Congdon received her Bachelor of Science degree in Accounting from California State University, San Francisco. We believe Ms. Loretz-Congdon’s qualifications to serve on our Board include her leadership as a former public company CFO, including accounting and financial expertise and regulatory compliance, as well as her financial planning and analysis, capital markets, corporate finance, M&A, IT, distribution and foodservice logistics, risk assessment, strategy formation and execution, compensation, and corporate governance experience. The Board has determined that all current Nominating and Corporate Governance Committee members are independent under the Nasdaq Listing Rules. During fiscal 2023, the Audit Committee held five regular meetings and one special meeting. Allison M. Boersma currently serves as Chair, and Stacy Loretz-Congdon, Bradley L. Radoff, and Waheed Zaman currently serve as members of the Audit Committee. The Board has determined that all current Nominating and Corporate Governance Committee members are independent under the Nasdaq Listing Rules. Stacy Loretz-Congdon currently serves as Chair of the Nominating and Corporate Governance Committee. Waheed Zaman currently serves as Chair of the ad hoc Technology Committee. Stacy Loretz-Congdon and Allison M. Boersma currently serve as members of the Technology Committee. The Technology Committee met four times in fiscal 2023 and will be dissolved following the Annual Meeting. The full Board will then absorb the Technology Committee’s responsibilities. The following table sets forth non-employee director compensation for fiscal 2023: Stacy Loretz-Congdon received $93,875 in fees earned or paid in cash and $102,913 in stock awards, totaling $196,788.