Universal Corporation CFO Johan Kroner to retire
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 11 2025
0mins
Retirement Announcement: Johan Kroner will retire as senior VP and CFO of Universal Corporation, remaining in the role until July 1, 2026, while continuing to serve as an advisor after a successor is appointed.
Successor Search: Universal Corporation has begun the search for Kroner's successor with the help of a global executive search firm.
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
Analyst Views on UVV
About UVV
Universal Corporation is a global agricultural company engaged in supplying products and solutions to meet its customers’ evolving needs and precise specifications. The Company is engaged in the leaf tobacco business and investing in the growth of its plant-based ingredients platform. It operates through two segments: Tobacco Operations and Ingredients Operations. The Tobacco Operations segment involves procuring and processing flue-cured, burley, dark air-cured, and oriental leaf tobacco for manufacturers of consumer tobacco products and performing related services. Through its Ingredients Operations segment, it procures raw materials globally and processes the raw materials through a variety of value-added manufacturing processes to produce specialty plant-based ingredients, including fruits, vegetables, botanical extracts, and flavorings for consumer-packaged goods manufacturers, retailers, and food and beverage companies. It operates in over 30 countries on five continents.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Universal Corporation Appoints New CFO Anubhav Mittal Effective February 17, 2026
- Executive Appointment: Universal Corporation announced the appointment of Anubhav Mittal as the new Chief Financial Officer, effective February 17, 2026, marking a strategic adjustment in the executive team aimed at enhancing financial management capabilities.
- Transition Plan: Current CFO Johan C. Kroner will retire on the same date and continue as Senior Vice President until July 1, 2026, ensuring a smooth transition, which underscores the company's commitment to management stability.
- Background Credentials: Mittal most recently served as CFO of ADM Nutrition, a business with approximately $8 billion in annual revenue, and previously held senior finance and M&A roles at ADM and Kellogg Company, showcasing his extensive experience in financial management within large enterprises.
- Market Performance: Universal Corporation closed at $55.03 on Wednesday, up $0.59 or 1.08%, reflecting a positive market sentiment towards the new CFO appointment, which may have favorable implications for the company's future financial performance.
Continue Reading
Universal Corp (UVV) Appoints Anubhav Mittal as CFO Effective February 17, 2026
- Executive Appointment: Universal Corporation has named Anubhav Mittal as CFO effective February 17, 2026, bringing extensive financial management experience from his previous role as CFO of ADM Nutrition, a global business with approximately $8 billion in revenue.
- Transition Support: Current CFO Johan C. Kroner will retire on February 17, 2026, but will remain as a senior vice president and advisor until July 1, 2026, ensuring a smooth management transition and minimizing potential operational risks during this period.
- Strategic Planning: This executive change highlights Universal's commitment to enhancing its future financial strategy, with Mittal's appointment aimed at improving the company's financial performance and market competitiveness, particularly in the current economic climate.
- Market Reaction: While the market remains cautious about Universal's earnings performance, Mittal's addition could present new growth opportunities for the company, especially in optimizing financial structures and boosting investor confidence.
Continue Reading