Steven G. Binder
2010
In 2010, Steven G. Binder earned a total compensation of $2.5M as Executive Vice President and President, Hormel Business Units at Hormel Foods, a 58% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $436,288 |
|---|---|
| Non-Equity Incentive Plan | $1,199,391 |
| Option Awards | $490,050 |
| Salary | $335,075 |
| Other | $35,518 |
| Total | $2,496,322 |
Binder received $1.2M in non-equity incentive plan, accounting for 48% of the total pay in 2010.
Binder also received $436.3K of change in pension value and nonqualified deferred compensation earnings, $490.1K in option awards, $335.1K in salary and $35.5K in other compensation.
Rankings
In 2010, Steven G. Binder's compensation ranked 2,438th out of 10,439 executives tracked by ExecPay. In other words, Binder earned more than 76.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,438 out of 10,439 | 77th |
Division Manufacturing | 840 out of 3,838 | 78th |
Major group Food And Kindred Products | 70 out of 194 | 64th |
Industry group Meat Products | 11 out of 21 | 48th |
Industry Meat Packing Plants | 4 out of 5 | 20th |
Source: SEC filing on December 19, 2012.
Binder's colleagues
We found four more compensation records of executives who worked with Steven G. Binder at Hormel Foods in 2010.