Chefs' Warehouse CEO Christopher Pappas' 2018 pay jumps 53% to $2.4M
Chefs' Warehouse reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Chefs' Warehouse reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, five executives at Chefs' Warehouse received on average a compensation package of $1.2M, a 35% increase compared to previous year.
Average pay of disclosed executives at Chefs' Warehouse
Christopher Pappas, Chief Executive Officer, received $2.4M in total, which increased by 53% compared to 2017. 36% of Pappas' compensation, or $849K, was in salary. Pappas also received $585K in non-equity incentive plan, $819K in stock awards, as well as $103K in other compensation.
For fiscal year 2018, the median employee pay was $55,141 at Chefs' Warehouse. Therefore, the ratio of Christopher Pappas' pay to the median employee pay was 43 to one.
John Pappas, Chairman, received a compensation package of $1.3M, which increased by 73% compared to previous year. 36% of the compensation package, or $466K, was in salary.
James Leddy, Chief Financial Officer, earned $885K in 2018, a 296% increase compared to previous year.
Alexandros Aldous, General Counsel, received $824K in 2018, which increases by 2% compared to 2017.
Patricia Lecouras, Chief Human Resources Officer, earned $648K in 2018, a 3% increase compared to previous year.
Chefs' Warehouse's fiscal year ends on December 25.
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Source: SEC filing on March 29, 2019.