Jeffrey L. Harmening
2020
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $4,243,744 |
|---|---|
| Non-Equity Incentive Plan | $3,710,100 |
| Option Awards | $1,156,895 |
| Salary | $1,241,667 |
| Stock Awards | $5,250,088 |
| Other | $235,096 |
| Total | $15,837,590 |
Harmening received $5.3M in stock awards, accounting for 33% of the total pay in 2020.
Harmening also received $4.2M of change in pension value and nonqualified deferred compensation earnings, $3.7M in non-equity incentive plan, $1.2M in option awards, $1.2M in salary and $235.1K in other compensation.
Rankings
In 2020, Jeffrey L. Harmening's compensation ranked 46th out of 1,672 executives tracked by ExecPay. In other words, Harmening earned more than 97.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 46 out of 1,672 | 97th |
Division Manufacturing | 18 out of 874 | 98th |
Major group Food And Kindred Products | 1 out of 74 | 99th |
Industry group Grain Mill Products | 1 out of 11 | 91st |
Pay ratio
| Jeffrey L. Harmening's Pay | $15,837,590 |
|---|---|
| Median Employee's Pay | $77,414 |
| Pay Ratio | 205to 1 |
In 2020, the annual total compensation of Jeffrey L. Harmening was $15,837,590.
The annual total compensation of the median employee at General Mills was $77,414.
The ratio of Jeffrey L. Harmening's pay to the pay of median employee was therefore 205 to one.
Harmening's colleagues
We found five more compensation records of executives who worked with Jeffrey L. Harmening at General Mills in 2020.