Steven G. Binder
2017
In 2017, Steven G. Binder earned a total compensation of $4.9M as Executive Vice President and President, Hormel Business Units at Hormel Foods, a 2% decrease compared to previous year.
Compensation breakdown
| Bonus | $400 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,920,319 |
| Non-Equity Incentive Plan | $1,564,688 |
| Option Awards | $824,799 |
| Salary | $501,410 |
| Other | $115,150 |
| Total | $4,926,766 |
Binder received $1.9M of change in pension value and nonqualified deferred compensation earnings, accounting for 39% of the total pay in 2017.
Binder also received $400 in bonus, $1.6M in non-equity incentive plan, $824.8K in option awards, $501.4K in salary and $115.2K in other compensation.
Rankings
In 2017, Steven G. Binder's compensation ranked 1,923rd out of 14,666 executives tracked by ExecPay. In other words, Binder earned more than 86.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,923 out of 14,666 | 87th |
Division Manufacturing | 651 out of 5,772 | 89th |
Major group Food And Kindred Products | 33 out of 231 | 86th |
Industry group Meat Products | 3 out of 16 | 81st |
Industry Meat Packing Plants | 2 out of 5 | 60th |
Source: SEC filing on December 20, 2017.
Binder's colleagues
We found four more compensation records of executives who worked with Steven G. Binder at Hormel Foods in 2017.