MARZETTI CO
Close on Oct 19, 2026
- Market cap
- $2.87B
- P/E (TTM)
- 15.0
- Dividend yield
- 3.77%
About Marzetti
Canned, Frozen & Preservd Fruit, Veg & Food Specialties, SIC 2030
The Marzetti Company manufactures and markets specialty food items across two primary operating divisions: Retail and Foodservice. Its Retail segment produces frozen garlic breads and dinner rolls, refrigerated dips and dressings, and shelf-stable sauces, condiments, and croutons. These offerings are sold under proprietary labels including Marzetti, Sister Schubert’s, New York Bakery, and Bachan’s, alongside licensed restaurant brand partnerships. The Foodservice segment supplies custom-formulated and branded dressings, sauces, frozen pasta, and baked rolls. The company distributes its retail goods primarily to grocery retailers, while its foodservice operations serve commercial distributors and national restaurant chains.
The enterprise is headquartered in Westerville, Ohio, and employs approximately 3,500 individuals. Most manufacturing and packaging operations occur across thirteen facilities situated throughout the United States. Additionally, independent third-party partners package and manufacture select goods across the United States, Canada, and Europe. Products are distributed principally through brokers, distributors, and internal sales personnel throughout the United States.
Summary of the business section of Marzetti's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MARZETTI CO
- Founded
- 1896
- Headquarters
- Westerville, OH
- Address
- 380 Polaris Parkway 43082
- Phone
- (614) 224-7141
- Website
- marzetticompany.com
- Employees
- 3,500, Jun 30, 2026
- Industry
- Canned, Frozen & Preservd Fruit, Veg & Food Specialties
- Incorporated in
- Ohio
- Fiscal year ends
- June 30
- Auditor
- Deloitte& Touche LLP, Columbus, Ohio
Stock & identifiers
- Ticker
- MZTI
- Exchange
- Nasdaq
- Shares outstanding
- 27M, Aug 3, 2026
- Public float
- $3.18B, Dec 31, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Jan 28, 1998; 4-for-3, Jul 21, 1994; 4-for-3, Apr 16, 1993; 3-for-2, May 1, 1992; 5-for-4, Jul 29, 1986; 3-for-2, Jan 5, 1983
- SEC CIK
- 57515
- CUSIP
- 513847103
- ISIN
- US5138471033
- LEI
- 529900X4O13HED1ZAS58
- EIN
- 13-1955943
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| David Alan Ciesinski | President and CEO, Director | 59,522 |
| John B. Gerlach Jr | Executive Chairman, Director | 7,130,491 |
| Luis Viso | Strategic Advisor to CEO | 1,047 |
| Pigott, Thomas K. | VP, CFO and Asst. Secretary | 18,309 |
| Kristin Bird | President-Foodservice Division | 6,465 |
| Tanya Berman | President-Retail Business Unit | 2,983 |
| Mark Carter | Chief Supply Chain Officer | – |
| Gregory L. Hughes | Director | – |
| Robert L. Fox | Director | 307,524 |
| Alan F. Harris | Director | 24,473 |
| Robert Paul Ostryniec | Director | 7,793 |
| Michael H. Keown | Director | 4,266 |
| Zena Srivatsa Arnold | Director | 1,369 |
| Elliot K. Fullen | Director | 5,972 |
| George F. Knight III | Director | 1,444 |
| Barbara L. Brasier | Director | 3,739 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Ciesinski | $5.38M | $4.16M | $1.67M | $123 | $115 |
| FY2024 Mr. Ciesinski | $5.42M | $5.73M | $1.55M | $131 | $119 |
| FY2023 Mr. Ciesinski | $5.03M | $10.31M | $1.33M | $137 | $133 |
| FY2022 Mr. Ciesinski | $3.74M | -$244.74K | $1.09M | $86 | $125 |
| FY2021 Mr. Ciesinski | $4.34M | $7.01M | $1.26M | $127 | $117 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of June 30, 2026, we had 3,500 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 16, 2025 | Name change | Name changed from LANCASTER COLONY CORP to MARZETTI CO |
| Jan 30, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 17, 2008 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |