Gary J. Ray

2007

In 2007, Gary J. Ray earned a total compensation of $4.1M as President Protein Business at Hormel Foods.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$775,483
Non-Equity Incentive Plan$1,352,125
Option Awards$1,494,429
Salary$448,685
Other$42,617
Total$4,113,339

Ray received $1.5M in option awards, accounting for 36% of the total pay in 2007.

Ray also received $775.5K of change in pension value and nonqualified deferred compensation earnings, $1.4M in non-equity incentive plan, $448.7K in salary and $42.6K in other compensation.

Rankings

In 2007, Gary J. Ray's compensation ranked 1,051st out of 8,700 executives tracked by ExecPay. In other words, Ray earned more than 87.9% of executives.

ClassificationRankingPercentile
All
1,051
out of 8,700
88th
Division
Manufacturing
370
out of 3,314
89th
Major group
Food And Kindred Products
36
out of 185
81st
Industry group
Meat Products
5
out of 22
77th
Industry
Meat Packing Plants
2
out of 6
67th
Source: SEC filing on December 17, 2008.

Ray's colleagues

We found five more compensation records of executives who worked with Gary J. Ray at Hormel Foods in 2007.

2007

Jeffrey Ettinger

Hormel Foods

Chief Executive Officer

2007

Richard Bross

Hormel Foods

Group Vice President

2007

Ronald Fielding

Hormel Foods

Executive Vice President

2007

Michael McCoy

Hormel Foods

Chief Financial Officer

2007

Jody Feragen

Hormel Foods

Chief Financial Officer

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