Fresh Del Monte Produce Inc. (FDP)

25.92 +0.35 (+1.37%) At close: 04:00PM EDT

Fresh Del Monte Produce Inc.

Apollo House
4th Floor 87 Mary Street PO Box 698
George Town KY1-1107
Cayman Islands
305 520 8400
https://www.freshdelmonte.com

Sector(s): Consumer Defensive
Industry: Farm Products
Full-time employees: 31,887

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Mohammad Abu-Ghazaleh	Chairman & CEO	N/A	N/A	1942
Ms. Monica Vicente	Senior VP, CFO & Principal Accounting Officer	492.8k	N/A	1966
Mr. Mohammed Abbas	COO & Executive VP	954.35k	N/A	1976
Mr. Antolin D. Saiz	Vice President of Internal Audit	N/A	N/A	N/A
Alexandre Apparecido	Vice President of Global Internal Audit	N/A	N/A	1970

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

Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Central America, South America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services. The company offers pineapples, fresh-cut fruit, fresh-cut vegetables, melons, and vegetables; non-tropical fruits, such as grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis; other fruit and vegetables, and avocados; and prepared fruit and vegetables, juices, other beverages, and meals and snacks. It also engages in the sale of poultry and meat products; and third-party freight services business. The company offers its products under the Del Monte brand, as well as under other brands, such as UTC, Rosy, Just Juice, Fruitini, Pinkglow, Del Monte Zero, Honeyglow, Rubyglow, Honey Miniglow, Bananinis, Mann, Mann's Logo, Arcadian Harvest, Nourish Bowls, Broccolini, Caulilini, Better Burger Leaf, Romaleaf, and other regional brands. It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.

Corporate governance

Fresh Del Monte Produce Inc.’s ISS governance QualityScore as of 29 April 2024 is 5. The pillar scores are Audit: 4; Board: 9; Shareholder rights: 5; 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.