Flowers Foods CEO Allen Shiver's 2018 pay falls 78% to $1.4M
Flowers Foods reports 2018 executive compensation
By ExecPay News
Published: April 9, 2019
Flowers Foods reported fiscal year 2018 executive compensation information on April 9, 2019.
In 2018, five executives at Flowers Foods received on average a compensation package of $813K, a 69% decrease compared to previous year.
Average pay of disclosed executives at Flowers Foods
Allen L. Shiver, Chief Executive Officer, received $1.4M in total, which decreased by 78% compared to 2017. 71% of Shiver's compensation, or $1M, was in salary. Shiver also received $36K of change in pension value and nonqualified deferred compensation earnings, $282K in non-equity incentive plan, as well as $90K in other compensation.
R. Steve Kinsey, Chief Financial Officer, received a compensation package of $754K, which decreased by 60% compared to previous year. 76% of the compensation package, or $572K, was in salary.
Bradley K. Alexander, President, Fresh Packaged Bread Business Unit, earned $717K in 2018, a 63% decrease compared to previous year.
Stephen R. Avera, Chief Legal Counsel, received $614K in 2018, which decreases by 59% compared to 2017.
D. Keith Wheeler, Chief Sales Officer, earned $574K in 2018, a 57% decrease compared to previous year.
Flowers Foods' fiscal year ends on January 1.
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Source: SEC filing on April 9, 2019.