Fresh Del Monte Produce CEO Mohammad Abu-Ghazaleh's 2019 pay slips 15% to $5.6M
Fresh Del Monte Produce reports 2019 executive compensation
By ExecPay News
Published: April 22, 2022
Fresh Del Monte Produce reported fiscal year 2019 executive compensation information on April 22, 2022.
In 2019, seven executives at Fresh Del Monte Produce received on average a compensation package of $1.6M, a 29% decrease compared to previous year.
Average pay of disclosed executives at Fresh Del Monte Produce
Mohammad Abu-Ghazaleh, Chief Executive Officer, received $5.6M in total, which decreased by 15% compared to 2018. 44% of Abu-Ghazaleh's compensation, or $2.5M, was in stock awards. Abu-Ghazaleh also received $1.2M in bonus, $600K in non-equity incentive plan, $1.2M in salary, as well as $113K in other compensation.
For fiscal year 2019, the median employee pay was $5,218 at Fresh Del Monte Produce. Therefore, the ratio of Mohammad Abu-Ghazaleh's pay to the median employee pay was 1,080 to one.
Youssef Zakharia, Chief Operating Officer, received a compensation package of $2.4M, which increased by 19% compared to previous year. 40% of the compensation package, or $972K, was in stock awards.
Annunciata Cerioli, SVP Operations N.A, earned $773K in 2019.
Marlene M. Gordon, General Counsel, received $726K in 2019.
Eduardo Bezerra, Chief Financial Officer, earned $683K in 2019.
Mohammad Abbas, SVP, Asia Pacific and Middle East Region, received $632K in 2019.
Richard Contreras, Chief Financial Officer, earned $621K in 2019, a 33% decrease compared to previous year.
Related executives
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Eduardo Bezerra
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Richard Contreras
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Youssef Zakharia
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Annunciata Cerioli
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Source: SEC filing on April 22, 2022.