Gary J. Ray
2007
In 2007, Gary J. Ray earned a total compensation of $4.1M as President Protein Business at Hormel Foods.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $775,483 |
|---|---|
| Non-Equity Incentive Plan | $1,352,125 |
| Option Awards | $1,494,429 |
| Salary | $448,685 |
| Other | $42,617 |
| Total | $4,113,339 |
Ray received $1.5M in option awards, accounting for 36% of the total pay in 2007.
Ray also received $775.5K of change in pension value and nonqualified deferred compensation earnings, $1.4M in non-equity incentive plan, $448.7K in salary and $42.6K in other compensation.
Rankings
In 2007, Gary J. Ray's compensation ranked 1,051st out of 8,700 executives tracked by ExecPay. In other words, Ray earned more than 87.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,051 out of 8,700 | 88th |
Division Manufacturing | 370 out of 3,314 | 89th |
Major group Food And Kindred Products | 36 out of 185 | 81st |
Industry group Meat Products | 5 out of 22 | 77th |
Industry Meat Packing Plants | 2 out of 6 | 67th |
Source: SEC filing on December 17, 2008.
Ray's colleagues
We found five more compensation records of executives who worked with Gary J. Ray at Hormel Foods in 2007.