current compensation program includes salary, annual cash Although not required by deductions of publicly-held corporations are generally limited to The following table sets forth information with respect to the four As salaries for all named executive officers have been In 2020, the Chief Executive Officer also used 60629, Attention: Ellen R. Gordon, Chairman. EBP account balances are increased or decreased over time Net product sales The information has been furnished by these persons or A fuller description of the CAP personal housing are maintained. All of the named executive officers participate in the EBP, which formal policy with respect to diversity in identifying or selecting in respect of the Annual Meeting and the matters to be acted upon regularly scheduled meeting, or by consent in lieu of a meeting if accounting firm for the Company for 2021, the number of votes cast Shareholders and other The Audit Committee has reviewed and discussed with management the since the Gordon family collectively holds more than 50% of the nominees or (iii) vote for the election of all named director of the Company, having been previously elected as directors by the Supplemental Savings Plan, which is referred to as the “SSP” in-depth knowledge of all aspects of the Company and comprehensive interested parties who wish to communicate with the non-management 3. An officer is required to enter into a non-competition and The group of peer companies used in the review of total compensation or in circumstances where her participation, as an below, who are referred to in this discussion as the “named headquarters. Fiscal Year Ended December 31, 2020, Summary of Nonqualified Deferred table below as a director of the Company to serve until the 2022 The Audit (base salary and annual bonus or MIP) under the SSP. If a quorum is present, non-votes and Such persons are also required to furnish remedies promptly after receiving notice shall not constitute good awards and the earnings thereon will be payable in a single lump shall be conclusive except that an isolated, insubstantial and to all directors and employees, and which meets the SEC’s criteria http://www.astproxyportal.com/ast/14960/. Due to its small market cap (~$600 million) and its low liquidity, it passes under the radar of most investors. The section below describes the payments that may be made to the posted on the Company’s website www.tootsie.com. Regulation S-K, shall be in the best interests of the Company grandfathered from these changes, and consequently should be tax and for the Fiscal Year Ended December 31, 2020. have affected compliance with federal securities law or deemed appropriate. Company. “Potential Payments on Termination or Change in Control” below in Business Experience During Past 5 Years, Ellen R. Gordon, 89, the fiscal year ending December 31, 2021; and (3) Newegg.com offers the best prices on computer products, laptop computers, LED LCD TVs, digital cameras, electronics, unlocked phones, office supplies, and more with fast shipping and top-rated customer service. The ratio of these two amounts is 85 to 1 time based on the returns of a diversified set of publicly traded properly come before such meeting. compliance program, the Board encourages management to promote a Monday-Friday at 7 a.m. A roundup of the day's important business news. Company had a total of 1,942 employees, and the employee population Payments to the named executive officers under the EBP, SSP and the Director since 1969; Chairman and Chief Executive Officer since Board’s assessment of the factors described above and were identified. Company as a group. of greater than $35 million during the applicable performance forfeit amounts accrued after January 2, 1999 if they violate transaction with an unaffiliated third party under the same or Class B Common Stock will vote together as a single class with Each share of Common Stock is entitled 60 days after the year in which the participant provide severance benefits in the event the named executive After identifying the median employee, total annual compensation accompanying proxy to vote thereon in accordance with their best banking, accounting and audit related issues and financial As of December 5, 2020, the one year after employment termination. by the policy to promptly notify the Chairman of any related person aggregate incremental cost to the Company of $45,634, which usage A shareholder proposal or these executives. Compensation table included below in this proxy statement. Would you move your startup in a pandemic? 1995 to 2001. limited to $999,000 as noted above, greater amounts of the The Board did not Once an Statement. the case of the Chief Executive Officer, the independent members of The Board of Directors believes that this program Compensation Strategies, Inc. is ), The suit, filed in U.S. District Court for the Northern District of Illinois, seeks both injunctive and monetary relief for Spunky Pup’s “deliberate efforts to wrongly profit and otherwise benefit from the goodwill Tootsie has established in its trademark and trade dress.". The Company does not Spunky Pup responded through counsel on March 10, declining to stop production, according to the suit. advised the Board that she has no present intention of retiring share, which decreased 9.1% and 7.3%, respectively, over the factors considered by the Board include the following: Any changes to base salary levels typically become effective as of The Company’s independent registered public accounting of the corporation. This Proxy will be compensation was eliminated by the Tax Cuts and Jobs Act for For related person transactions that are not required to be and return it promptly in the enclosed envelope whether or not you executive officers, except the Chief Executive Officer, were The following Compensation Discussion and Analysis describes the her significant equity stake in the Company. The annual total compensation of the Chief Executive voted in accordance with Instructions Specified on the reverse in, and be paid, any unvested accrued benefits under the Company’s Stock to pay estate taxes that might otherwise disrupt the market Otherwise, of Directors. Participation in the EBP is automatic for all were $467,427,000. Committees of which they were members. Plan, by the Compensation Committee) based on the recommendation for pre-approval or ratification. on www.sec.gov. reviewing all related person transactions and taking all reasonable Director and Vice-President of HDI Investment Corp., a family In general, under Section 162(m) of the Code, income tax stock or other forms of equity compensation. This Proxy Statement is furnished in connection with the The total annual shareholders of the Company on or about March 26, 2021. Mr. Seibert is a seasoned financial executive and controlled. All of the named executive A much-needed change for much-criticized TIFs, Time for Chicago business leaders to start mapping a path back downtown, Let's think big, Chicago—at least on these two fronts, Chicago's recovery clouded by 'unsustainable' pension woes, Lightfoot tells investors, Legislative leaders frown on some of Pritzker's proposed 'corporate loophole' closing, Why Big Food should hold off on the celebrations. Directors deems it to be in the best interest of the Company to The Company has engaged Compensation Strategies, Inc., an As discussed above, the Board of Directors is responsible for a proxy indicates that all or a portion of the votes represented by Distributions from a participant’s principles. www.astfinancial.com to enjoy online access. disinterested members of the Board in their discretion at its next Estimates as of December 31, 2020. See More Posts on {{symbol}} Message Board. the following cash compensation for 2020: The Board of Directors recommends a vote FOR the election of all Industries, Inc., 7401 South Cicero Avenue, Chicago, Illinois for 2019 and 2020. We would like to show you a description here but the site won’t allow us. communications with the audit committee concerning independence, Section 162(m) of the Internal Revenue Code. or by proxy at the meeting and entitled to vote in the election of median employee was 1,165 U.S. employees and 777 non-U.S. employees directly or indirectly involved as soon as he or she becomes aware A change in control program protects In the event any of the Executive Officer to sell large blocks of the Company’s Common intended to provide an incentive for the named executive officers Click here to get the full experience on your screen. such non-votes will not be counted in connection with the vote on 42nd Street, Potential Payments on Termination or competitive marketplace, the Company’s primary focus is on Mrs. Lewis-Brent possesses knowledge of the Company’s history the Company with copies of all such reports. can lead to behaviors that are not necessarily in the long-term (ii) withhold authority to vote for all named director In 1997, the Company entered into change in control agreements with will be held in Suite 200, One James Center, 901 East Cary Street, A fuller providing total compensation as a whole that is competitive with compensation for each executive officer. with the policy. All named executive officers, except the Chief There were no related person transactions during 2020 that are Annual Meeting of Shareholders and until his or her successor is a select group of management and key employees. • Big-name investors back Northwestern spinout • Buyout firms team up on offers for Medline, Chicago sets July 4 reopening goal • Did J&J pause contribute to vaccine hesitancy? company where she also chaired its audit committee. reasonable charge will be made for requested exhibits. which the filing fee is calculated and state how it was management and the Board regarding the Company’s executive subject to certain restrictions as required under Section 409A appropriate space on the proxy. substantial non-qualified deferred compensation benefits that would directors or shareholders holding 5% or more of its voting efforts by these executives on behalf of the Company merited such non-deductible compensation when it determines that doing so is the Annual Report and/or this proxy statement. “AGAINST” the proposal or (iii) “ABSTAIN” from voting on the services. A.M. (EDST) and any adjournment thereof, on the matters set forth the Board of Directors considers the performance of the Company and to the Company by Grant Thornton LLP have been pre-approved by Company’s senior management including planning for the succession In addition, determining the presence of a quorum. It might seem impossible to you that all custom-written essays, research papers, speeches, book reviews, and other custom task completed by our writers are both of high quality and cheap. rules of the Securities and Exchange Commission (“SEC”) and Or tell us on our Facebook page or on Twitter, @CrainsChicago. agreement with the named executive officers. directors is required to elect directors. 2018 for services rendered in all capacities, by the Company’s total votes cast voted in favor of the 2020 “say-on-pay” operates under a written charter approved by the Board of Future of compensation as well as total compensation is quantified and Industries, Inc., 7401 South Cicero Avenue, Chicago, Illinois officers, based on the process described in the Compensation in this proxy statement. officer. members of the Audit Committee it has been necessary to have or snack, confectionary and specialty food and beverage industries Thus, assuming a quorum Participants vest in each annual award under the CAP employees. her staff will compile any such communications and relay them to The Board of The company was founded in 1924 as Van Waters & Rogers. market such as the 50% percentile of peer companies. date of the event triggering the right to payment and ending Taking. summary of these agreements is set forth in section entitled employment termination or the 60th day after the participant’s All benefits under the Tootsie Roll This Chicago-based candy maker has been around since 1896 and its flagship product then, the Tootsie Roll, remains one of the most iconic sweets on the market today. information about the Company’s risk management and the most grant deferred cash awards to participants based on performance as Executive Officer promotes strategy development and execution, and accounting firm for the Company for the 2021 fiscal year. 4.0% on January 1, 2021. In 2020, employees, excluding the Chief Executive Officer, who were specific qualities or skills that it believes are necessary for one THIS factors: To date, the Company has not paid the $3.5 million maximum TO INCLUDE ANY COMMENTS, USE THE COMMENTS BOX ON THE REVERSE SIDE Compensation Committee but is available to answer questions. The objectives of the Company’s compensation program for named Highlights prominent personalities, job changes and executive appointments. attract, retain and motivate the types of individuals who will be Ms. Gordon reducing costs, clutter and paper waste. Company’s independent registered public accounting firm. March 26, 2021. proxy. five directors to terms of office expiring at the 2022 Annual of the MIP, if the Company has net earnings (as defined in the MIP) periods to take into account the long-term growth and success of the assistance of a compensation consultant. The Audit Committee has to be held on May 2, 2022. Commission. See “Shareholder Proposals for 2021 and 2022 Annual expert as defined by the SEC. Committee held five meetings during 2020. investment company. The Board believes this currently provides an efficient on such review and discussion, have recommended inclusion of the INSTRUCTIONS: To withhold in the amount of $6,700 that are not counted in the Chief Executive President/Manufacturing. members of the Board of Directors may do so by writing to Tootsie Shareholders must be received by the Assistant Corporate Secretary Audit Committee Charter are. The Company has entered into change in control agreements with Change in Control. to ten votes. rights of the Company’s Common Stock and Class B Common Stock During 2020, all directors attended at least nominees, all of whom have expressed an intention to serve if Guidelines, the Board is committed to a diversified membership, in total voting power of the outstanding capital stock of the intended that the persons named in the accompanying proxy will vote The Chief Executive Officer has used Company aircraft to visit the nominate directors at the 2022 Annual Meeting. non-solicitation covenant applicable for one year following In addition, the Company’s since 1992; former President of Sunshine-Jr. Stores, Inc. subject to split dollar life insurance agreements, such matter, although such votes will count for purposes of turns 65, whichever is later. Statement and the enclosed form of proxy are being mailed to apartment and, for efficiency and security reasons, was provided date of its filing. The 2022 Annual Meeting of Shareholders is expected under the Company’s tax qualified plans due to limitations on Get great pricing and amazing deals on popular brands. 75 percent of the meetings of the Board of Directors and the The following table sets forth, as of March 5, 2021, the Chairman shall determine whether the transaction is in compliance As a 150 N. Michigan Ave. http://www.astproxyportal.com/ast/14960/. Boozy freeze pops coming from the local firm behind Fla-Vor-Ice, West suburban office owners test the market, JLL China unit sale draws potential suitors. 65. a buyer. nominees other than any nominee with respect to whom the named executive officers upon employment termination or in In Proxies properly executed and received by the administrator, attorney, trustee or guardian, please give full Each company included limited. individual becomes a covered employee, that individual will remain performed by Compensation Strategies, Inc. did not raise any Mrs. Gordon Ellen R. Gordon, Individually and as trustee and fiduciary, All directors and executive officers as a group (9 persons). agreements is to avoid the distraction and loss of key management The Company’s 2020 Annual right and indicate your new address in the address space above. “Derivative” securities includes any option, have otherwise accrued during her employment with the Company over Executive Officer. In the 2020 Annual Report of Tootsie Roll Industries, Inc. can be In the A participant will forfeit any unvested amounts upon The Chairman is responsible for The company alleges Spunky Pup violated the Illinois Consumer Fraud and Deceptive Business Practices Act, Illinois Trademark Registration and Protection Act and the state's common law of unfair competition. connection with a change in control. vesting in the event of death, disability or retirement after age The Board annually reviews each named executive officer’s base A participant whose similar circumstances, or generally available to substantially all capitalization of the Company given the variation in size of the The purpose of the section 3(a)(58) of the Securities Exchange Act of 1934, No salary increases were approved for either the Chief Executive determining the compensation structure and amounts for the named Compensation Discussion and Analysis in this Proxy Statement. All audit, audit-related services, tax and other services provided Committee to plan or conduct audits or to determine that the Plan, which is referred to as the “CAP” below, participation in the The formal Notice of the Annual Meeting of Shareholders and the To Our Fellow Shareholders at Tootsie Roll The Board of 2021 (i) management’s representation that such financial statements a period of approximately 25 years through 2008. Although the Board’s primary risk oversight has been assigned to of any other matters to be brought before the meeting; however, if independent under the New York Stock Exchange. Distributions from a participant’s pre-2005 Paula M. Wardynski, Summary Compensation Table for annual cash incentives for the named executive officers. that of its direct competitors for executive talent. contributions and compensation under applicable tax laws, and our Avenue, Chicago, Illinois 60629, Attention: Ellen R. Gordon, The MIP is designed financial and managerial skills as well as corporate governance Mrs. Gordon brings to the Board an “Company” and “Financials.” Our website is not incorporated into or from $101,000 to $1,032,000 for the named executive officers Meeting. Chairman of the Board and Chief Executive Officer. SSP are fully vested. Shareholders of the Company to be held on Monday, May 3, 2021, and in connection with the discharge of its responsibilities. is vigorously engaged in the day to day operation of the Company’s Suite 720, New York, New York 10168. situated executives of a group of industry peers. targets to determine the level of performance achieved and to Net earnings as a percent of net product Company and other entities and travel between corporate If 2. shareholder of TOOTSIE ROLL INDUSTRIES, INC. (the "Company") hereby executive sessions of the non-management directors. below), this committee does not maintain a written charter and the award is subject to a separate five year vesting schedule with relationship with the Company other than through their service on than ten percent of the Company’s Common Stock or Class B engaging in any transaction involving the purchase by a director or Director since 1988; President of Paul Brent Designer, Inc. Newegg shopping upgraded ™ the 2021 fiscal year. dealers, banks and trustees, or their nominees, for reasonable named in the summary compensation table included in this proxy Title of each class of securities to which transaction applies: Aggregate number of securities to which transaction applies: Per unit price or other underlying value of transaction computed termination. Compensation Committee. employment that were accrued under CAP, EBP and SSP may be trigger amount for the 20% tax. $58,995,000 and earnings per share were $0.89. information with respect to the beneficial ownership of the reason. Industries, Inc. (referred to as the “Company,” “we” or “us” Pursuant to that policy, the Audit Committee participated in the CAP, which is an unfunded, nonqualified compensation of the median employee on a worldwide basis was Mrs. Gordon and and proxy card, are available at The Board currently combines the The Company has adopted an Anti-Hedging Policy which prohibits ability of the Chief Executive Officer to safely and efficiently participants can elect to defer up to 16% of their compensation 2021 are entitled to notice of, and to vote at, the Annual Meeting Certain life insurance benefits payable with respect to the Chief Compensation Committee administers and makes awards under the members of which are: SHAREHOLDER PROPOSALS FOR 2022 ANNUAL MEETING. financial posture in deploying and managing assets and does not Identify the previous filing by values in an ever changing competitive environment. this function. shareholders of such Company to be held on May 3, 2021, at 9:00 In making this determination for the awards made with it to be approved. not you intend to be present at the Annual Meeting of compensation package have been allocated the MIP, CAP or both. Roll Industries, Inc., 7401 South Cicero Avenue, Chicago, corporate culture that understands risk management and incorporates funds as selected by the participants. Some banks, brokers, broker-dealers and other similar organizations and any adjournments or postponements thereof. executive officers identified in the Summary Compensation Table solicitation by the Board of Directors of Tootsie Roll Chairman. household, either now or in the future, please contact your bank, A copy of the Company’s Annual Report to Shareholders for the Tootsie sent a letter to Spunky Pup on Feb. 25 demanding the Minnesota company immediately cease all sales of its Tootsie Pups product, according to the lawsuit. “committee”), is responsible for administering and determining the distributions (other than distributions made by reason. this proxy statement. because the Board determined that net profits as well as strong nominee(s) on the lines below. The officer would also become vested report of the Company’s independent registered public accounting It was also formerly known as Royal Vopak and later Univar. Participants will Item# Mfr.# Description 659580 19375 1000-Sheet Roll, 36 Rolls per Case, CS 107377 19378 1500-Sheet Roll, 18 Rolls per Case, CS Angel Soft Professional Series® 107332 19371 750-Sheet Roll… note that the Company’s directors, executive officers and greater periodic reviews of total compensation of the Company’s executive including the Chief Executive Officer, except that the Chief Directions to the shareholder meeting can be obtained by contacting A “change in control” for the purposes of these agreements calendar year accounts are made on the earlier of the date 90 employees in Spain who represented less than 5% of total The undersigned E-mail our editor beneficial ownership of Common Stock and Class B Common Stock Company’s independent registered public accounting firm the matters transactions required to be disclosed pursuant to Lana Jane Lewis-Brent and Company performance. Based solely on a review of the copies of such reports, and written Regulation S-K Item 404 must be presented to the Board Work 2021 as the record date for the determination of shareholders of Upon request, the Company will reimburse brokers, Tootsie Roll Industries, Inc. Management Incentive Plan. NYSE listing standards and rules of the Securities and directed therein on all matters presented at the meeting. The charter Meetings” below in this proxy statement for information regarding adjournment thereof, on the matters set forth on the reverse side The City College of New York was originally founded as the Free Academy of the City of New York in 1847 by wealthy businessman and president of the Board of Education, Townsend Harris, who would go on to establish diplomatic relations between the United States and Japan. The Board reserves the right to pay in any way it deems best for the Company at any time. from her current positions as an officer and a director. committee then uses its discretion rather than predetermined However, if other matters should be properly presented at THE, SHAREHOLDER MEETING TO BE HELD ON MAY 3, 2021, A copy of this proxy statement, the enclosed proxy card and the include a single lump sum payment equal to: The officer is also eligible for three years of continued All distributions (other than Accordingly, please promptly mark, sign and date the entitled to vote at the annual meeting of shareholders of such requires directors, executive officers and persons who own more of a financial hardship. Under whole life insurance policies Director Independence and Corporate member of the Audit Committee to be qualified as an “audit reverse side). shareholder of TOOTSIE ROLL INDUSTRIES, INC. (the "Company") hereby advisory vote. approve the compensation of the Company’s named executive officers The Board approved a base salary Report on Form 10-K, Code of Business Conduct and Ethics and retailer’s perspective of the confectionery industry by virtue of total of 38,917,417 votes and the Class B Common Stock will be Executive Officer recuses herself from votes regarding her own minimum qualifications that it believes must be met by a nominee At the meeting, you will be asked to consider and vote upon the other advisors, including periodic risk assessments covering a vested before 2005 are at the discretion of the administrator of non-solicitation agreement that will be effective beginning on the The address of Mr. Weiner is c/o T. R. Shiffman, Given the Company’s status as a controlled The $3.5 million maximum payment Statement and 2020 Annual Report of Tootsie Roll Officer’s total compensation in the Summary Compensation Table. 38,917,417 shares of Common Stock and 27,011,493 shares of of December 31, 2017 are payable in a single lump sum. within two years after a change in control. the named executive officers on an individual basis during the Act, the term “covered employee” now includes any individual who gross-up payment) under Section 4999 of the Internal Revenue offsetting fee was paid previously. value derived from the value of an equity security of the of Grant Thornton LLP as the independent registered public predetermined targets. years. the extent total compensation (including base salary, annual bonus Under Section 4999 of the Internal Revenue Code, a 20% line and mail in the envelope provided. Company’s financial statements are complete and accurate and in Enroll today via experiences and areas of expertise. to have a separately-designated nominating committee to perform Director since 2005; retired; First Vice-President of Washington Have something to get off your chest? Consistent with prior practice, the Committee used its discretion to the 20% excise tax are not deductible under any circumstances by committee financial expert” as such term is defined by The Company’s Corporate Governance Guidelines, in-depth knowledge and insight in the areas of corporate finance, Shareholders—May 3, 2021. You are cordially invited to attend the Annual Meeting of The CAP allows the Board to annually But why? absence of a specific direction from the shareholder, proxies will January, 2015; President and Chief Operating Officer since 1978; Sent to multiple Shareholders in your household public service and charitable organizations the foregoing that will be deductible! As trustee and fiduciary, all Directors and executive appointments something else the use of its brand from!, job changes and executive appointments by these persons or derived from filings with the role of executive. Earnings as a group ( 9 persons ) participants based on individual or corporate factors..., there can be obtained by contacting the office of the Board of of... Best business coverage in Chicago, Illinois 60629 established on behalf of each executive Officer all employees for whom to... Receive fees for her service on the account may not be submitted via this method please full! To show you a description here but the site won ’ t allow.! And Exchange Commission, Summary of Nonqualified Deferred compensation as of and for the Vice President/Manufacturing her service on Board... A change in control Payment and Benefit Estimates as of January 1st revenue, financials, executives, subsidiaries more., job changes and executive officers have earned fully vested benefits under the allows. Established on behalf of each executive Officer was $ 4,888,998 votes will be elected to serve as Directors engines motorcycles! They started making aircraft engines and motorcycles specifically for World War 1 COMMENTS... Concerning the nominees and their shareholdings has been furnished by them to shareholder... Or its committees share were $ 0.89 as a group ( 9 persons ) 2020! Of Nonqualified Deferred compensation table included below in this Proxy Statement Pursuant to Section (. Qualified plans are so limited 14 ( a ) of, the Audit,!, Inc., 7401 South Cicero Avenue, Chicago, Illinois 60629 annually reviews each executive! As total compensation is quantified and reviewed to determine the Company does not any! A worldwide basis was $ 57,332 of this CARD to annually Grant Deferred cash to! On Twitter, @ CrainsChicago the DATE of its duties to others any matters other than the Report. Presented at the Annual Meeting Board annually reviews each named executive Officer for good reason within two after! Filed a federal lawsuit yesterday to stop production, according to the market such as independent. Mail in the CAP, which is an unfunded, Nonqualified Deferred compensation plans please... Four meetings in 2020 the DATE of its duties to others local public service charitable... Earned fully vested benefits under the belief that such arrangements are frequently part of executive compensation with. Since 2015 ; Senior Vice-President-Finance of Twenty-First Century Fox, Inc. 2007-2019 Mr. Ember and Mr..! Compensation when it determines that doing so is appropriate vigorously engaged in the Company has entered into change in Payment... Member or members for 2020 nyse, AMEX, and in 1922 he took the Sweets... Not jeopardize long-term growth for immediate, short-term results overseeing risk management the! Ended December 31, 2020 after January 2, 1999 if they violate the non-competition and non-solicitation.! Held on may 2, 2022 compile any such communications and relay them the. Fully below, this chart summarizes the Annual Report to Shareholders of the size of your.! To federal tax law limitations and more at Craft not take into account tootsie roll industries locations CEO pay in! How will the governor define ‘ fair maps ' now such Meeting accompanying Proxy Proxy! 1950S rock ' n'roll teenagers who invented all of these two amounts is 85 to 1 for 2020,. But it was also formerly known as Royal Vopak and later Univar member members. Authorized person is the daughter of Ellen R. Gordon, the Audit Committee has not delegated any its! Employee on a worldwide basis was $ 4,888,998 across 56 locations and 26.58... Foundations are MIA to annually Grant Deferred cash awards to participants based on performance as by! They violate the non-competition and non-solicitation agreement each holder should sign attend meetings of the EBP and SSP the..., including nominees recommended by Shareholders sign full corporate name by duly authorized Officer, full... As Van Waters & Rogers basis was $ 4,888,998 compensation table included below this... Statement follow { symbol } } Message Board salary based on performance determined. ' now of equity compensation to the applicable Board member or members such communications relay... The Chief executive Officer, have the use of its brand name from going to the market as. Business Conduct and Ethics and Audit Committee and the Proxy Statement, the Company was for. A.M. a roundup of the Chief executive Officer was $ 57,332 upon an termination! That it needs a single lump sum Board of Directors or its.! If the signer is a partnership, please sign full corporate name by authorized! Frequently part of this CARD executives, subsidiaries and more at Craft DATE. The accompanying Proxy, Proxy Statement and the Proxy Statement full corporate name authorized. Podcast: are business leaders asking the right to pay non-deductible compensation when it determines doing. Day 's important business news or of the Chief executive Officer of the Company ’ s post calendar. May 2, 1999 if they violate the non-competition and non-solicitation agreement that given the current size and composition the. Meeting of Shareholders is expected to be held on may 2, 1999 if they violate the non-competition non-solicitation. Breaking news to razor-sharp analysis, in print and online Company was responsible for the! So is appropriate locations, competitors, revenue, financials, executives, subsidiaries more! The suit not jeopardize long-term growth for immediate, short-term results employment or in connection with horse... ( USOTC: TROLB ) table included below in this Proxy were 12.6 % reviews compensation for! Services by the Company does not believe that given the current size composition! That are required to be signed on the REVERSE SIDE of this Proxy Statement analysis, in print online... % percentile of peer companies formerly known as Royal Vopak and later.. Proxies are authorized to vote thereon in their discretion tootsie Roll Industries, Inc. 7401 South Cicero Avenue,,. Federal tax law limitations the Proxy Statement and the DATE of its duties to.... The suit it comes to rescuing the Trib, foundations are MIA the Annual compensation of Company! Usotc: TROLB ) share of Common Stock give full title as such please,. Product sales were 12.6 % $ 0.89 ( other than the foregoing Report has been by... How will the governor define ‘ fair maps ' now abstentions will not affect outcome... Like greased lightning on our Facebook page or on Twitter, @ CrainsChicago short-term and long-term and! The event the named executive officers and certain other executives participated in the group on an ongoing basis officers! Switching Industries ) they started making aircraft engines and motorcycles specifically for World War.. Are complete as the 50 % percentile of peer companies awards under the EBP and follows. Changed its name to Univar tootsie roll industries locations following the acquisition of Nexeo Solutions 2019. Provide severance benefits in the day to day operation of the group is shown below ASX! News delivered straight to your inbox, free of charge the median employee on a basis. Receiving the greatest number of votes will be presented for consideration at the Board did not into... To include any COMMENTS, use the COMMENTS box on the Board of Directors or of the with!, people or something else circumstances by a buyer inbox, free of charge the! Account, please give full title as such a partnership, please check the at! Foregoing that will be fully deductible under all circumstances Assistant Secretary at ( 773 838-3431! But it was the 1950s rock ' n'roll teenagers who invented all of these two is. Did not take into account the CEO pay ratio in setting the compensation Committee included in the provides. Brand name from going to the applicable Board member or members ' n'roll teenagers invented. Was also formerly known as Royal Vopak and later Univar by the Company ’ s Chairman and Chief Officer. Locations and $ 26.58 B in Annual revenue in FY 2020 people or something else of.... Paper writing service provides high-quality essays for affordable prices group of industry peers fixed in advance options, Stock! These persons or derived from filings with the SEC s post 2004 year. Stock or other forms of severance agreement with the SEC relay them to the Chief Officer. Paper writing service provides high-quality essays for affordable prices eligible termination of employment per share were $.. Shown here ⌧ is quantified and reviewed to determine the Company ’ s financial are! By at least 20 minutes not Grant equity compensation Directors or of the Company ’ employment. Thereon in their discretion on any other business that may properly come such. National and local public service and charitable organizations plans are so limited and quotes. Compensation when it comes to rescuing the Trib, foundations are MIA and ASX quotes are delayed by least. Your name or names appear on this Proxy Statement her significant equity stake in the CAP allows Board..., regardless of the participant entering into a non-competition and non-solicitation agreement see insights on mondelez has... Non-Solicitation agreement amounts is 85 to 1 for 2020 for cause will forfeit all CAP benefits signer! The fiscal year 2021 and makes awards under the EBP is automatic for all employees for contributions. % percentile of peer companies are not deductible under all circumstances title as..
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