Fresh Del Monte Produce CEO Mohammad Abu-Ghazaleh's 2021 pay slips 7% to $5.5M
Fresh Del Monte Produce reports 2021 executive compensation
By ExecPay News
Published: April 22, 2022
Fresh Del Monte Produce reported fiscal year 2021 executive compensation information on April 22, 2022.
In 2021, five executives at Fresh Del Monte Produce received on average a compensation package of $2.1M, a 3% increase compared to previous year.
Average pay of disclosed executives at Fresh Del Monte Produce
Mohammad Abu-Ghazaleh, Chief Executive Officer, received $5.5M in total, which decreased by 7% compared to 2020. 58% of Abu-Ghazaleh's compensation, or $3.2M, was in stock awards. Abu-Ghazaleh also received $1.1M in non-equity incentive plan, $1.2M in salary, as well as $60K in other compensation.
For fiscal year 2021, the median employee pay was $5,728 at Fresh Del Monte Produce. Therefore, the ratio of Mohammad Abu-Ghazaleh's pay to the median employee pay was 955 to one.
Youssef Zakharia, Chief Operating Officer, received a compensation package of $2M, which decreased by 22% compared to previous year. 51% of the compensation package, or $1M, was in stock awards.
Marlene M. Gordon, Chief Administrative Officer, earned $1.1M in 2021, a 24% increase compared to previous year.
Mohammad Abbas, SVP, Asia Pacific and Middle East Region, received $885K in 2021, which increases by 10% compared to 2020.
Eduardo Bezerra, Chief Financial Officer, earned $880K in 2021, a 9% increase compared to previous year.
Related executives
Mohammad Abu-Ghazaleh
Fresh Del Monte Produce
Chief Executive Officer
Eduardo Bezerra
Fresh Del Monte Produce
Chief Financial Officer
Youssef Zakharia
Fresh Del Monte Produce
Chief Operating Officer
Marlene Gordon
Fresh Del Monte Produce
Chief Administrative Officer
Mohammad Abbas
Fresh Del Monte Produce
SVP, Asia Pacific and Middle East Region
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Source: SEC filing on April 22, 2022.