Post Holdings CEO Robert Vitale's 2019 pay rises 15% to $11M
Post Holdings reports 2019 executive compensation
By ExecPay News
Published: December 9, 2019
Post Holdings reported fiscal year 2019 executive compensation information on December 9, 2019.
In 2019, five executives at Post Holdings received on average a compensation package of $4.7M, a 18% increase compared to previous year.
Robert V. Vitale, Chief Executive Officer, received $11M in total, which increased by 15% compared to 2018. 72% of Vitale's compensation, or $8.1M, was in stock awards. Vitale also received $85K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $1.4M in salary, as well as $142K in other compensation.
For fiscal year 2019, the median employee pay was $67,082 at Post Holdings. Therefore, the ratio of Robert V. Vitale's pay to the median employee pay was 169 to one.
Jeff A. Zadoks, Chief Financial Officer, received a compensation package of $3.4M, which increased by 27% compared to previous year. 43% of the compensation package, or $1.5M, was in stock awards.
Diedre J. Gray, Chief Administrative Officer, earned $3M in 2019, a 31% increase compared to previous year.
Howard A. Friedman, Chief Executive Officer, received $2.9M in 2019, which decreases by 18% compared to 2018.
Mark W. Westphal, President, Foodservice, earned $2.9M in 2019, a 20% decrease compared to previous year.
Post Holdings' fiscal year ends on September 30.