Highest-materiality recent filing
Universal Corp discloses CFO compensation: base $490k, target bonus $350k, LTI $560k
Annual base salary of $490,000 for Steven S. Diel as SVP and CFO effective April 1.
Universal Corp Q3 net income down 44% YoY; appoints Steven Diel as CFO effective Apr 1, 2026
Q3 sales $861.3M (-8% YoY), net income $33.2M (-44%), diluted EPS $1.32 vs $2.37.
Universal Corp withdraws CFO offer to Anubhav Mittal; Kroner remains CFO
On Jan 28, 2026, Universal Corp withdrew its offer of employment to Anubhav Mittal as SVP & CFO.
Universal Corp appoints Anubhav Mittal as CFO effective Feb 17, 2026
Mittal, former ADM Nutrition CFO, succeeds Johan Kroner who retires; Kroner stays as Senior VP until July 1, 2026.
Universal Corp enters $1.4B new credit facility; replaces existing agreement
New unsecured Credit Agreement includes $275M term A-1 (5-yr), $345M term A-2 (7-yr), and $780M revolver (5-yr).
Universal Corp Q2 revenue up 6% to $754M, net income +32%; appoints new director
Q2 revenue $754.2M (+6% YoY); operating income $67.6M (-2%); net income $34.2M (+32%) on lower restructuring costs.
Universal Q1 FY2026 EPS $0.34 vs $0.01; operating income doubles to $33.8M
Revenue $593.8M (down $3M YoY); operating income $33.8M, up from $17.2M.
Universal CFO Johan C. Kroner to retire July 1, 2026; will serve until successor appointed
Kroner remains CFO until successor is found, then Senior VP through retirement date.
Universal Corp reports FY2025 revenue up 7% to $2.9B; Q4 EPS down 77%
FY2025 revenue $2,947M (+7% YoY); operating income $232.8M (+5%); diluted EPS $3.78 (-21%).
Universal Corp appoints Fay Manolios to board; director Michael Lawton to retire
Fay Manolios appointed to Board effective June 1, 2025; brings 25+ years HR experience from Capital One.
Michael T. Lawton notified the Board that he will retire from service on the Board following the completion of his current term.
Max materiality 0.80 · Median 0.60 · Most common event leadership