Sysco CEO Thomas Ben's 2019 pay jumps 22% to $11M
Sysco reports 2019 executive compensation
By ExecPay News
Published: October 2, 2019
Sysco reported fiscal year 2019 executive compensation information on October 2, 2019.
In 2019, seven Sysco executives received on average a compensation package of $4.6M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Sysco
Thomas L. Ben, Chief Executive Officer, received $11M in total, which increased by 22% compared to 2018. 43% of Ben's compensation, or $4.6M, was in stock awards. Ben also received $2.9K of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $3.3M in option awards, $1.2M in salary, as well as $136K in other compensation.
For fiscal year 2019, the median employee pay was $70,801 at Sysco. Therefore, the ratio of Thomas L. Ben's pay to the median employee pay was 152 to one.
Greg D. Bertrand, Executive Vice President, U.S. Foodservice Operations, received a compensation package of $4.1M, which increased by 20% compared to previous year. 30% of the compensation package, or $1.2M, was in stock awards.
Joel T. Grade, Chief Financial Officer, earned $3.9M in 2019, a 17% decrease compared to previous year.
Wayne R. Shurts, Chief Technology Officer, received $3.9M in 2019, which decreases by 9% compared to 2018.
Russell T. Libby, Secretary, earned $3.7M in 2019, a 7% decrease compared to previous year.
Paul T. Moskowitz, Executive Vice President, Human Resources, received $2.9M in 2019.
Robert S. Charlton, Executive Vice President, Supply Chain, earned $2.8M in 2019.
Sysco's fiscal year ends on July 2.
Related executives
Thomas Ben
Sysco
Chief Executive Officer
Joel Grade
Sysco
Chief Financial Officer
Greg Bertrand
Sysco
Executive Vice President, US Foodservice Operations
Robert Charlton
Sysco
Executive Vice President, Supply Chain
Paul Moskowitz
Sysco
Executive Vice President, Human Resources
Russell Libby
Sysco
Secretary
Wayne Shurts
Sysco
Chief Technology Officer
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Source: SEC filing on October 2, 2019.