Beverages - Brewers · Consumer Defensive
CEO, Board Member
2005-01-01–2024-03-31
Equibles does not estimate personal net worth.
Earlier roles on record: CEO and Board Member at Boston Beer Co Inc (SAM) until March 31, 2024. Boston Beer Co Inc reported in an 8-K filed February 27, 2024 that David Burwick resigned as Director, effective March 31, 2024. Boston Beer Co Inc reported in an 8-K filed February 27, 2024 that David Burwick retired as President and Chief Executive Officer, effective March 31, 2024. The proxy statement of Boston Beer Co Inc reports total compensation of $1,123,689 for David Burwick in fiscal 2024, including a base salary of $877,050. Disclosed compensation is on record for 6 fiscal years. David Burwick has spoken on 4 earnings calls across 1 company, most recently for Boston Beer Co Inc on February 27, 2024. The companies whose calls David Burwick spoke on are classified in the Consumer Defensive sector.
“The Boston Beer Company, Inc. (the "Company") announced today that David A. Burwick, President and Chief Executive Officer, has decided to step down from his position and as a member of the Company's Board of Directors, effective March 31, 2024.”
“The Boston Beer Company, Inc. (the "Company") announced today that David A. Burwick, President and Chief Executive Officer, has decided to step down from his position and as a member of the Company's Board of Directors, effective March 31, 2024.”
“It's been my privilege to be connected to the company since I joined the Board of Directors in May 2005, and have greatly enjoyed adding whatever value I could to build our people capabilities and improve our growth prospects over the years, whether as a Board member or in the last six years as CEO.”
“As Jim mentioned, our third quarter volumes were in line with our expectations. For the second quarter in a row, we had a gross margin of over 45%. We also generated approximately $250 million in operating cash flow over the last two quarters combined.”
“Our 2022 full-year volumes and revenue came in at the higher end of our financial guidance. However, the mix of volume came in differently than planned, and we also produced and sourced to ensure we would not have out of stocks or retail.”
“And Bonnie, I want to expand on what Frank mentioned. I would like to emphasize that we are very confident in the strength of our creative work.”
2005-01-01–2024-03-31
Start not stated–2024-03-31
Beverages - Brewers · Consumer Defensive
CEO, Board Member
2005-01-01–2024-03-31
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2024 | Boston Beer Co Inc (SAM) | (Former) President & CEO | $877,050 | $1,123,689 |
| 2023 | Boston Beer Co Inc (SAM) | (Former) President & CEO | $860,500 | $5,907,342 |
| 2022 | Boston Beer Co Inc (SAM) | (Former) President & CEO | $835,459 | $4,848,737 |
| 2021 | Boston Beer Co Inc (SAM) | President & CEO | $826,278 | $14,840,956 |
| 2020 | Boston Beer Co Inc (SAM) | President & CEO | $790,327 | $4,778,389 |
| 2019 | Boston Beer Co Inc (SAM) | President & CEO | $767,308 | $4,211,552 |