Flowers Foods CEO Allen Shiver's 2019 pay jumps 354% to $6.4M
Flowers Foods reports 2019 executive compensation
By ExecPay News
Published: April 8, 2020
Flowers Foods reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, six executives at Flowers Foods received on average a compensation package of $2.8M, a 250% increase compared to previous year.
Average pay of disclosed executives at Flowers Foods
Allen L. Shiver, Chief Executive Officer, received $6.4M in total, which increased by 354% compared to 2018. 70% of Shiver's compensation, or $4.5M, was in stock awards. Shiver also received $131K of change in pension value and nonqualified deferred compensation earnings, $400K in salary, as well as $1.4M in other compensation.
A. Ryals McMullian, Chief Executive Officer, received a compensation package of $3.7M. 71% of the compensation package, or $2.6M, was in stock awards.
R. Steve Kinsey, Chief Financial Officer, earned $2.1M in 2019, a 172% increase compared to previous year.
Bradley K. Alexander, Chief Operating Officer, received $1.9M in 2019, which increases by 159% compared to 2018.
Stephen R. Avera, Chief Legal Counsel, earned $1.6M in 2019, a 160% increase compared to previous year.
D. Keith Wheeler, Chief Sales Officer, received $1.5M in 2019, which increases by 160% compared to 2018.
Flowers Foods' fiscal year ends on January 1.
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Source: SEC filing on April 8, 2020.