Ricardo Cardenas
2022
In 2022, Ricardo Cardenas earned a total compensation of $4.7M as President and Chief Executive Officer, and our previous President and Chief Operating Officer at Darden Restaurants, a 25% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,193,510 |
|---|---|
| Option Awards | $546,797 |
| Salary | $795,673 |
| Stock Awards | $1,846,328 |
| Other | $326,974 |
| Total | $4,709,282 |
Cardenas received $1.8M in stock awards, accounting for 39% of the total pay in 2022.
Cardenas also received $1.2M in non-equity incentive plan, $546.8K in option awards, $795.7K in salary and $327K in other compensation.
Rankings
In 2022, Ricardo Cardenas' compensation ranked 690th out of 5,756 executives tracked by ExecPay. In other words, Cardenas earned more than 88.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 690 out of 5,756 | 88th |
Division Retail Trade | 30 out of 253 | 88th |
Major group Eating And Drinking Places | 5 out of 80 | 94th |
Industry group Eating And Drinking Places | 5 out of 80 | 94th |
Industry Eating Places | 5 out of 80 | 94th |
Pay ratio
| Ricardo Cardenas' Pay | $4,709,282 |
|---|---|
| Median Employee's Pay | $21,931 |
| Pay Ratio | 215to 1 |
In 2022, the annual total compensation of Ricardo Cardenas was $4,709,282.
The annual total compensation of the median employee at Darden Restaurants was $21,931.
The ratio of Ricardo Cardenas' pay to the pay of median employee was therefore 215 to one.
Source: SEC filing on August 8, 2022.
Cardenas' colleagues
We found four more compensation records of executives who worked with Ricardo Cardenas at Darden Restaurants in 2022.