The estimated Net Worth of David Alan Ciesinski is at least $20.8 Million dollars as of 29 February 2024. Mr. Ciesinski owns over 39,416 units of Lancaster Colony stock worth over $17,288,769 and over the last 9 years he sold LANC stock worth over $0. In addition, he makes $3,550,530 as President, Chief Executive Officer, and Director at Lancaster Colony.
David has made over 7 trades of the Lancaster Colony stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 39,416 units of LANC stock worth $7,015,654 on 29 February 2024.
The largest trade he's ever made was exercising 56,569 units of Lancaster Colony stock on 6 February 2024 worth over $8,695,221. On average, David trades about 7,789 units every 51 days since 2016. As of 29 February 2024 he still owns at least 98,906 units of Lancaster Colony stock.
You can see the complete history of Mr. Ciesinski stock trades at the bottom of the page.
David A. Ciesinski serves as President, Chief Executive Officer, Director of the Company. He has served as President of the Corporation since April 2016 and as Chief Executive Officer since July 2017. Mr. Ciesinski previously served as President of the Meal Solutions Division at Kraft Foods Group, Inc. and as its Executive Vice President and President of Meals & Desserts from 2014 to 2015, in which capacity he was responsible for leading Kraft’s grocery business. Between 2013 and 2014, Mr. Ciesinski served as Chief Commercial Officer and Executive Vice President of Forever, Inc., a cloud-based storage company, in which capacity he was responsible for leading the sales, marketing, business development and operations functions. From 2012 to 2013, Mr. Ciesinski served as the Vice President of Global Business Development at H.J. Heinz Company, in which capacity he was responsible for leading the corporate business development activities of H.J. Heinz Company. Between 2011 and 2012, Mr. Ciesinski served as Group Vice President and Chief Marketing Officer of the U.S. Retail Division at H.J. Heinz Company, in which capacity he was responsible for leading Heinz’s marketing and demand generation functions of their U.S. consumer products business. Between 2003 and 2011, Mr. Ciesinski served in various other leadership roles at H.J. Heinz Company, including those in marketing and strategic planning functions. Prior to joining H.J. Heinz Company, Mr. Ciesinski was a consultant with Ernst & Young LLP. As a veteran of the packaged foods industry with a broad base of executive leadership positions, Mr. Ciesinski’s past experience provides a strong background to draw from in his role as the Corporation’s President and Chief Executive Officer.
As the President, Chief Executive Officer, and Director of Lancaster Colony, the total compensation of David Ciesinski at Lancaster Colony is $3,550,530. There are no executives at Lancaster Colony getting paid more.
David Ciesinski is 54, he's been the President, Chief Executive Officer, and Director of Lancaster Colony since 2017. There are 13 older and 5 younger executives at Lancaster Colony. The oldest executive at Lancaster Colony Corp. is Robert Fox, 71, who is the Independent Director.
David's mailing address filed with the SEC is 380, Polaris Parkway, Westerville, Delaware County, Ohio, 43082, United States.
Over the last 22 years, insiders at Lancaster Colony have traded over $2,297,795 worth of Lancaster Colony stock and bought 7,570 units worth $1,167,750 . The most active insiders traders include David Alan Ciesinski, Michael H Keown, and John B Jr Gerlach. On average, Lancaster Colony executives and independent directors trade stock every 82 days with the average trade being worth of $2,070,506. The most recent stock trade was executed by Elliot K. Fullen on 27 August 2024, trading 3,000 units of LANC stock currently worth $507,000.
Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice markets.
Lancaster Colony executives and other stock owners filed with the SEC include: