Bunge CEO Gregory Heckman receives $17M in 2019
Bunge reports 2019 executive compensation
By ExecPay News
Published: April 8, 2020
Bunge reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, eight Bunge executives received on average a compensation package of $7.8M, a 31% increase compared to previous year.
Gregory Heckman, Chief Executive Officer, received $17M in total. 43% of Heckman's compensation, or $7.1M, was in stock awards. Heckman also received $1M in bonus, $3M in non-equity incentive plan, $4.4M in option awards, $1.1M in salary, as well as $22K in other compensation.
For fiscal year 2019, the median employee pay was $39,133 at Bunge. Therefore, the ratio of Gregory Heckman's pay to the median employee pay was 428 to one.
Soren Schroder, Chief Executive Officer, received a compensation package of $12M, which decreased by 8% compared to previous year. 56% of the compensation package, or $6.5M, was in other compensation.
Brian Zachman, President, Global Risk Management, earned $8.3M in 2019.
Thomas Boehlert, Chief Financial Officer, received $8.1M in 2019, which increases by 92% compared to 2018.
Raul Padilla, President, Global Operations, earned $5.8M in 2019, a 21% increase compared to previous year.
Gordon Hardie, Former Managing Director, Food and Ingredients, received $5.4M in 2019, which increases by 42% compared to 2018.
Christos Dimopoulos, President, Global Supply Chains, earned $3.4M in 2019.
John Neppl, Chief Financial Officer, received $2.8M in 2019.
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