Turning Point Brands, Inc. (TPB)

27.19 +0.50 (+1.87%) At close: 04:00PM EDT

Turning Point Brands, Inc.

5201 Interchange Way
Louisville, KY 40229
United States
502 778 4421
https://www.turningpointbrands.com/home/default.aspx

Sector(s): Consumer Defensive
Industry: Tobacco
Full-time employees: 373

Key executives

Name	Title	Pay	Exercised	Year born
Mr. David E. Glazek J.D.	Executive Chairman	N/A	N/A	1978
Mr. Graham A. Purdy	CEO, President & Director	1.49M	N/A	1972
Ms. Brittani N. Cushman	Senior VP, General Counsel & Corporate Secretary	546.42k	N/A	1985
Mr. Andrew Flynn	Senior VP & CFO	N/A	N/A	1976
Mr. Brian Wigginton	Chief Accounting Officer	N/A	N/A	N/A
Mr. John E. Charnovich	Chief Information Officer	N/A	N/A	1961
Mr. Frank J. Vignone	Senior Vice President of Sales	N/A	N/A	N/A
Ms. Alicia Carrasco	Chief People Officer	N/A	N/A	N/A
Ms. Summer Frein	Chief Revenue Officer	N/A	N/A	1985
Lorenzo De Plano	Chief Strategy Officer	N/A	N/A	N/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

Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and Creative Distribution Solutions. Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand. The Stoker's Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing tobacco products under the Stoker's, Beech-Nut, Durango, Trophy, and Wind River brands. Its Creative Distribution Solutions segment market and distribute other products without tobacco and/or nicotine to individual consumers through VaporFi B2C online platform, as well as non-traditional retail through VaporBeast. In addition, it markets and distributes cannabis accessories and tobacco products. The company sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, drug store, and non-traditional retail channels. The company was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. Turning Point Brands, Inc. was founded in 1988 and is headquartered in Louisville, Kentucky.

Corporate governance

Turning Point Brands, Inc.’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 7; Board: 8; Shareholder rights: 4; Compensation: 5.

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.