Mark A. Coffey
2022
In 2022, Mark A. Coffey earned a total compensation of $1.4M as Group Vice President at Hormel Foods.
Compensation breakdown
| Bonus | $200 |
|---|---|
| Non-Equity Incentive Plan | $621,762 |
| Option Awards | $180,312 |
| Salary | $394,808 |
| Stock Awards | $180,030 |
| Other | $59,220 |
| Total | $1,436,332 |
Coffey received $621.8K in non-equity incentive plan, accounting for 43% of the total pay in 2022.
Coffey also received $200 in bonus, $180.3K in option awards, $394.8K in salary, $180K in stock awards and $59.2K in other compensation.
Rankings
In 2022, Mark A. Coffey's compensation ranked 2,315th out of 5,756 executives tracked by ExecPay. In other words, Coffey earned more than 59.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,315 out of 5,756 | 60th |
Division Manufacturing | 1,258 out of 3,133 | 60th |
Major group Food And Kindred Products | 72 out of 144 | 50th |
Industry group Meat Products | 5 out of 11 | 55th |
Industry Meat Packing Plants | 5 out of 6 | 17th |
Pay ratio
| Mark A. Coffey's Pay | $1,436,332 |
|---|---|
| Median Employee's Pay | $50,369 |
| Pay Ratio | 29to 1 |
In 2022, the annual total compensation of Mark A. Coffey was $1,436,332.
The annual total compensation of the median employee at Hormel Foods was $50,369.
The ratio of Mark A. Coffey's pay to the pay of median employee was therefore 29 to one.
Source: SEC filing on December 21, 2022.
Coffey's colleagues
We found five more compensation records of executives who worked with Mark A. Coffey at Hormel Foods in 2022.