Steven G. Binder
2012
In 2012, Steven G. Binder earned a total compensation of $3.7M as Executive Vice President and President, Hormel Business Units at Hormel Foods, a 25% increase compared to previous year.
Compensation breakdown
| Bonus | $300 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,505,511 |
| Non-Equity Incentive Plan | $919,847 |
| Option Awards | $862,500 |
| Salary | $400,140 |
| Other | $41,340 |
| Total | $3,729,638 |
Binder received $1.5M of change in pension value and nonqualified deferred compensation earnings, accounting for 40% of the total pay in 2012.
Binder also received $300 in bonus, $919.8K in non-equity incentive plan, $862.5K in option awards, $400.1K in salary and $41.3K in other compensation.
Rankings
In 2012, Steven G. Binder's compensation ranked 1,799th out of 11,487 executives tracked by ExecPay. In other words, Binder earned more than 84.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,799 out of 11,487 | 84th |
Division Manufacturing | 647 out of 4,253 | 85th |
Major group Food And Kindred Products | 44 out of 195 | 77th |
Industry group Meat Products | 6 out of 22 | 73rd |
Industry Meat Packing Plants | 3 out of 5 | 40th |
Source: SEC filing on December 18, 2013.
Binder's colleagues
We found four more compensation records of executives who worked with Steven G. Binder at Hormel Foods in 2012.