The estimated Net Worth of Joe F Jr Sanderson is at least $167 Milione dollars as of 22 December 2021. Mr. Sanderson owns over 76,500 units of Sanderson Farms stock worth over $146,591,748 and over the last 21 years he sold SAFM stock worth over $16,624,806. In addition, he makes $4,147,890 as Chairman of the Board e Chief Executive Officer at Sanderson Farms.
Joe has made over 35 trades of the Sanderson Farms stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 76,500 units of SAFM stock worth $15,606,000 on 22 December 2021.
The largest trade he's ever made was selling 150,000 units of Sanderson Farms stock on 2 October 2003 worth over $4,821,000. On average, Joe trades about 11,746 units every 66 days since 2003. As of 22 December 2021 he still owns at least 718,587 units of Sanderson Farms stock.
You can see the complete history of Mr. Sanderson stock trades at the bottom of the page.
Joe F. Sanderson Jr. serves as Chairman of the Board, Chief Executive Officer of the Company. Mr. Sanderson is the grandson of one of our Company’s founders. Under his outstanding leadership of our Company since 1989, the Company has grown exponentially, including growth in annual revenues from $184 million in 1989 to over $3.4 billion in 2019. Also during his tenure, the Company has opened seven new plants in three states. Mr. Sanderson is primarily responsible for the overall operation and strategic vision of our business. His role as Chairman of the Board has been key to our long-term success and growth in stockholder value. Adhering to the values of our founders – integrity and ethical business practices, excellence in operations, and conservative financial management – Mr. Sanderson is directly responsible for setting the “tone at the top” of our Company that has been a significant driver of our success.
As the Chairman of the Board e Chief Executive Officer of Sanderson Farms, the total compensation of Joe Sanderson at Sanderson Farms is $4,147,890. There are no executives at Sanderson Farms getting paid more.
Joe Sanderson is 72, he's been the Chairman of the Board e Chief Executive Officer of Sanderson Farms since 2004. There are 4 older and 15 younger executives at Sanderson Farms. The oldest executive at Sanderson Farms, Inc. is John Baker, 78, who is the Independent Director.
Joe's mailing address filed with the SEC is 127 FLYNT ROAD, P.O. BOX 988, LAUREL, MS, 39443.
Over the last 21 years, insiders at Sanderson Farms have traded over $163,105,297 worth of Sanderson Farms stock and bought 45,300 units worth $1,397,739 . The most active insiders traders include Joe F Jr Sanderson, Robert Buck Sanderson e Hugh V Sanderson. On average, Sanderson Farms executives and independent directors trade stock every 29 days with the average trade being worth of $4,421,088. The most recent stock trade was executed by Tim Rigney on 22 July 2022, trading 3,122 units of SAFM stock currently worth $636,888.
Sanderson Farms, Inc., founded in 1947, is engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items. Employing more than 15,000 employees in operations spanning five states and 17 different cities, Sanderson Farms is the third largest poultry producer in the United States. As a company, Sanderson Farms is committed to adopting a fresh approach in everything that we do, not only where products are concerned, but companywide, as well. Though the company has grown in size, it still adheres to the same hometown values of honesty, integrity and innovation that were established when the Sanderson family founded the company back in 1947.
Sanderson Farms executives and other stock owners filed with the SEC include: