UNIVERSAL CORP /VA/

What This 2023 Filing Tells Us About UNIVERSAL CORP /VA/

According to the 2023 DEF 14A proxy statement filed with the SEC, UNIVERSAL CORP /VA/ (UVV, CIK 102037) reported CEO 's total compensation at N/A. That figure is an aggregate of base salary (N/A). The median employee at the firm — the reference point mandated by Section 953(b) of the Dodd-Frank Act — earned N/A over the same fiscal year, producing the headline CEO-to-worker pay ratio of 3,083:1 that this page tracks.

Context matters when reading this ratio. UNIVERSAL CORP /VA/ operates in the Wholesale — Non-Durable Goods sector and is headquartered in VA. Across the Wholesale — Non-Durable Goods industry (SIC 51), 15 SEC-reporting companies disclosed pay ratios in FY2023, with a median of 124:1 and an average of 349:1. Median industry CEO pay was $6.8M, so UNIVERSAL CORP /VA/'s N/A sits at or below that typical figure. That comparison is the fastest way to separate "the CEO is paid like peers" from "this company is an outlier."

Finally, a note on what these SEC numbers do and do not include. Total compensation reported under Item 402 of Regulation S-K reflects grant-date fair value for equity awards, not realized pay, so a CEO may eventually cash in more — or less — depending on stock performance and vesting. The pay ratio itself is calculated against a single median employee chosen under rules that allow statistical sampling, and companies may update methodology year to year. This proxy was filed on 2024-07-01; all figures on this page come directly from that public filing and can be verified against the DEF 14A on the SEC EDGAR system.