Darling Ingredients CEO Randall Stuewe's 2020 pay rises 4% to $8M
Darling Ingredients reports 2020 executive compensation
By ExecPay News
Published: March 24, 2022
Darling Ingredients reported fiscal year 2020 executive compensation information on March 24, 2022.
In 2020, six executives at Darling Ingredients received on average a compensation package of $3M, a 7% increase compared to previous year.
Average pay of disclosed executives at Darling Ingredients
Randall C. Stuewe, Chief Executive Officer, received $8M in total, which increased by 4% compared to 2019. 31% of Stuewe's compensation, or $2.5M, was in non-equity incentive plan. Stuewe also received $55K of change in pension value and nonqualified deferred compensation earnings, $1.6M in option awards, $1.2M in salary, $2.5M in stock awards, as well as $78K in other compensation.
For fiscal year 2020, the median employee pay was $54,382 at Darling Ingredients. Therefore, the ratio of Randall C. Stuewe's pay to the median employee pay was 147 to one.
John Bullock, Executive Vice President - Specialty Ingredients and Chief Strategy Officer, received a compensation package of $2.8M, which increased by 19% compared to previous year. 46% of the compensation package, or $1.3M, was in non-equity incentive plan.
John O. Muse, Chief Administrative Officer, earned $2.2M in 2020, a 19% increase compared to previous year.
Jan van der Velden, Executive Vice President - International Rendering and Specialties, received $1.8M in 2020, which decreases by 7% compared to 2019.
Brad Phillips, Chief Financial Officer, earned $1.8M in 2020, a 9% increase compared to previous year.
Rick A. Elrod, Executive Vice President - U.S. Rendering Operations, received $1.8M in 2020, which increases by 5% compared to 2019.
Related executives
Rick Elrod
Darling Ingredients
Executive Vice President - U.S. Rendering Operations
Randall Stuewe
Darling Ingredients
Chief Executive Officer
Brad Phillips
Darling Ingredients
Chief Financial Officer
John Bullock
Darling Ingredients
Executive Vice President - Specialty Ingredients and Chief Strategy Officer
John Muse
Darling Ingredients
Chief Administrative Officer
Jan der Velden
Darling Ingredients
Executive Vice President - International Rendering and Specialties
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Source: SEC filing on March 24, 2022.