The estimated Net Worth of George E Deese is at least $46.6 Million dollars as of 23 May 2024. Mr. Deese owns over 5,940 units of Flowers Foods stock worth over $46,046,284 and over the last 21 years he sold FLO stock worth over $0. In addition, he makes $580,744 as Independent Non-Executive Chairman of the Board at Flowers Foods.
George has made over 20 trades of the Flowers Foods stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 5,940 units of FLO stock worth $135,610 on 23 May 2024.
The largest trade he's ever made was exercising 739,462 units of Flowers Foods stock on 1 June 2016 worth over $8,037,952. On average, George trades about 68,384 units every 74 days since 2003. As of 23 May 2024 he still owns at least 2,016,920 units of Flowers Foods stock.
You can see the complete history of Mr. Deese stock trades at the bottom of the page.
George E. Deese serves as Independent Non-Executive Chairman of the Board of the Company. Mr. Deese was chief executive officer of Flowers Foods from January 2004 until May 2013. Mr. Deese has served as a director of Flowers Foods since June 2004 and chairman of the board of directors since January 1, 2006. Previously, he served as president and chief operating officer of Flowers Foods from May 2002 to January 2004 and as president and chief operating officer of Flowers Bakeries, the company’s core business division, from 1983 to May 2002. Mr. Deese joined the company in 1964. He previously served as a board member of the Grocery Manufacturers of America (GMA), and previously served as a trustee of the Georgia Research Alliance. Mr. Deese previously served as chairman of the American Bakers Association (ABA) and on the ABA board and executive committee. He previously served as vice chairman of the board for Quality Bakers of America (QBA) and as a member of the QBA board for 15 years. Mr. Deese has gained extensive operational and financial experience as an executive in various capacities during his 54-year career with the company.
As the Independent Non-Executive Chairman of the Board of Flowers Foods, the total compensation of George Deese at Flowers Foods is $580,744. There are 9 executives at Flowers Foods getting paid more, with A.Ryals McMullian having the highest compensation of $3,665,920.
George Deese is 74, he's been the Independent Non-Executive Chairman of the Board of Flowers Foods since 2014. There are 2 older and 28 younger executives at Flowers Foods. The oldest executive at Flowers Foods, Inc. is Benjamin Griswold, 79, who is the Presiding Independent Director.
George's mailing address filed with the SEC is 1919 FLOWERS CIRCLE, , THOMASVILLE, GA, 31757.
Over the last 21 years, insiders at Flowers Foods have traded over $14,220,732 worth of Flowers Foods stock and bought 209,781 units worth $3,583,256 . The most active insiders traders include George E Deese, Allen L Shiver, and R Steve Kinsey. On average, Flowers Foods executives and independent directors trade stock every 17 days with the average trade being worth of $778,069. The most recent stock trade was executed by C Martin Iii Wood on 23 May 2024, trading 5,940 units of FLO stock currently worth $135,610.
flowers foods, inc. (nyse: flo), with 2014 sales of $3.75 billion, is a leading producer and marketer of packaged bakery foods for retail and foodservice customers in the u.s. the company’s 46 highly efficient bakeries produce breads, buns, rolls, snack cakes, pastries, and tortillas. approximately 81 percent of the u.s. population has access to the company’s fresh bakery foods through a network of independent distributors serving the east, south, and southwest. flowers’ frozen bakery items and snack cakes are delivered to customers’ warehouses nationwide. flowers' top brands include nature's own, whitewheat, wonder bread, cobblestone mill, tastykake, mrs. freshley's, european bakers, bluebird, and mi casa and regional brands that include merita, home pride, butternut, country kitchen, barowsky's organics, butterkrust, captain john derst's, evangeline maid, sunbeam, bunny, mary jane, aunt hattie's, and holsum, and mary jane & friends.
Flowers Foods executives and other stock owners filed with the SEC include: