United Natural Foods CEO Steven Spinner's 2020 pay jumps 25% to $8.9M
United Natural Foods reports 2020 executive compensation
By ExecPay News
Published: November 25, 2020
United Natural Foods reported fiscal year 2020 executive compensation information on November 25, 2020.
In 2020, seven executives at United Natural Foods received on average a compensation package of $3.2M, a 10% increase compared to previous year.
Average pay of disclosed executives at United Natural Foods
Steven L. Spinner, Chief Executive Officer, received $8.9M in total, which increased by 25% compared to 2019. 58% of Spinner's compensation, or $5.1M, was in stock awards. Spinner also received $13K of change in pension value and nonqualified deferred compensation earnings, $2.5M in non-equity incentive plan, $1.2M in salary, as well as $29K in other compensation.
For fiscal year 2020, the median employee pay was $54,039 at United Natural Foods. Therefore, the ratio of Steven L. Spinner's pay to the median employee pay was 164 to one.
Sean F. Griffin, Chief Executive Officer, received a compensation package of $5M, which increased by 33% compared to previous year. 47% of the compensation package, or $2.3M, was in stock awards.
Christopher P. Testa, President, earned $2.3M in 2020, a 49% increase compared to previous year.
John W. Howard, Chief Financial Officer, received $2.2M in 2020.
Eric A. Dorne, Chief Operating Officer, earned $2.1M in 2020, a 50% increase compared to previous year.
Jill E. Sutton, Chief Legal Officer, received $1.7M in 2020, which increases by 15% compared to 2019.
Michael P. Zechmeister, Chief Financial Officer, earned $41K in 2020, a 98% decrease compared to previous year.
United Natural Foods' fiscal year ends on July 31.
Related executives
Steven Spinner
United Natural Foods
Chief Executive Officer
John Howard
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Chief Financial Officer
Eric Dorne
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Chief Operating Officer
Jill Sutton
United Natural Foods
Chief Legal Officer
Christopher Testa
United Natural Foods
President
Sean Griffin
United Natural Foods
Chief Executive Officer
Michael Zechmeister
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Source: SEC filing on November 25, 2020.