Pilgrim's Pride CEO Fabio Sandri's 2021 pay jumps 237% to $8.6M
Pilgrim's Pride reports 2021 executive compensation
By ExecPay News
Published: March 28, 2022
Pilgrim's Pride reported fiscal year 2021 executive compensation information on March 28, 2022.
In 2021, two executives at Pilgrim's Pride received on average a compensation package of $5.2M, a 221% increase compared to previous year.
Average pay of disclosed executives at Pilgrim's Pride
Fabio Sandri, Chief Executive Officer, received $8.6M in total, which increased by 237% compared to 2020. 71% of Sandri's compensation, or $6.1M, was in stock awards. Sandri also received $1.6M in non-equity incentive plan, $900K in salary, as well as $19K in other compensation.
For fiscal year 2021, the median employee pay was $27,920 at Pilgrim's Pride. Therefore, the ratio of Fabio Sandri's pay to the median employee pay was 307 to one.
Matthew Galvanoni, Chief Financial Officer, received a compensation package of $1.9M. 48% of the compensation package, or $921K, was in stock awards.
Pilgrim's Pride's fiscal year ends on December 25.
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Source: SEC filing on March 28, 2022.