John E. Adent

President and CEO at Neogen Corp

Since July 17, 2017

Age

56 years

Tenure

Joined NEOG on 07-17-2017 as Chief Executive Officer and was promoted to President on 09-22-2017.

Also at Neogen Corp

AMR

Amy M. Rocklin

Chief Legal & Compliance Officer

DHN

David H. Naemura

CFO and COO

About

A seasoned executive aged 56, he has established a solid track record in leading companies in the food and animal safety industries, drawing on over 20 years of CEO experience to guide his strategic decisions.

Early in his career, he developed critical expertise at Ralston Purina Company by establishing animal feed manufacturing and sales operations in diverse regions, and later held key leadership roles at Animal Health International and the Animal Health Division of Patterson Animal Health, which honed his skills in international business and operational management.

At NEOG, his dynamic leadership and global perspective have been instrumental in shaping the company’s vision and operational excellence, reflecting his deep understanding of mergers and acquisitions and his commitment to fostering a culture of innovation and growth.

$NEOG Performance Under John E. Adent

Past Roles

Organization	Role	Date Range	Details
Patterson Animal Health	CEO, Animal Health Division	2015 – July 1, 2017	Continued in the role after the sale of Animal Health International and resigned on July 1, 2017
Animal Health International, Inc.	CEO and President	2004 – 2015	Served until the company was sold to Patterson Companies, Inc.
Ralston Purina Company	Management roles, including development of animal feed operations in China & the Philippines, and later Managing Director of Hungarian operations	N/A – 2004	Left following the business spin-off to Agribrands

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$810,000	Annual, effective January 1, 2024	8.0% increase from 2023 salary of $750,000 due to increased company complexity following the September 2022 acquisition
Group Term Life Insurance	$13,275	Annual	Provided in full for 2024

Performance Compensation

Data from FY 2024

Annual Variable Cash Incentive Plan

Incentive Component	Target/Threshold	Weighting	Evaluation Period	Actual Result/Payout	Additional Details
Annual Variable Cash Incentive Plan	Target: $810,000; Maximum: $1,620,000; Threshold: Not stated	Company Revenue: 50%; Adjusted EBITDA: 30%; Free Cash Flow: 20%	Fiscal Year 2024	$405,000 (50% of target, adjusted from 56% actual performance due to negative discretion)	Performance metrics based on revenue, EBITDA, and FCF with targets communicated at the fiscal year start

The plan required achieving key financial measures: Company Revenue, Adjusted EBITDA, and Free Cash Flow. The overall financial performance was initially 56% of target; however, the Compensation Committee adjusted the final Company Financial Factor to 50% for all Named Executive Officers, including John E. Adent.