Calavo Growers CEO Lecil Cole's 2018 pay slips 15% to $1.5M
Calavo Growers reports 2018 executive compensation
By ExecPay News
Published: February 28, 2020
Calavo Growers reported fiscal year 2018 executive compensation information on February 28, 2020.
In 2018, six executives at Calavo Growers received on average a compensation package of $838K, a 17% decrease compared to previous year.
Average pay of disclosed executives at Calavo Growers
Lecil Cole, Chief Executive Officer, received $1.5M in total, which decreased by 15% compared to 2017. 50% of Cole's compensation, or $741K, was in salary. Cole also received $346K in bonus, $346K in stock awards, as well as $36K in other compensation.
For fiscal year 2018, the median employee pay was $3,885 at Calavo Growers. Therefore, the ratio of Lecil Cole's pay to the median employee pay was 378 to one.
B. John Lindeman, Chief Financial Officer, received a compensation package of $755K, which decreased by 21% compared to previous year. 49% of the compensation package, or $371K, was in salary.
Michael Browne, Vice President, Fresh Operations, earned $705K in 2018, a 21% decrease compared to previous year.
Ronald Araiza, Vice President, Foods Sales, received $705K in 2018, which decreases by 6% compared to 2017.
Robert Wedin, Vice President, Sales and Fresh Marketing, earned $698K in 2018, a 21% decrease compared to previous year.
James Gibson, President, RFG, received $697K in 2018, which decreases by 20% compared to 2017.
Calavo Growers' fiscal year ends on October 31.
Related executives
James Gibson
Calavo Growers
Chief Executive Officer
Lecil Cole
Calavo Growers
Chief Executive Officer
B Lindeman
Calavo Growers
Chief Financial Officer
Ronald Araiza
Calavo Growers
Former Executive Vice President, Foods Sales
Michael Browne
Calavo Growers
Vice President, Fresh Operations
Robert Wedin
Calavo Growers
Former Executive Vice President, Fresh Sales
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Source: SEC filing on February 28, 2020.