Lori J. Marco
2022
In 2022, Lori J. Marco earned a total compensation of $1.5M as Senior Vice President at Hormel Foods, a 10% decrease compared to previous year.
Compensation breakdown
| Bonus | $200 |
|---|---|
| Non-Equity Incentive Plan | $649,520 |
| Option Awards | $189,874 |
| Salary | $370,000 |
| Stock Awards | $190,002 |
| Other | $65,531 |
| Total | $1,465,127 |
Marco received $649.5K in non-equity incentive plan, accounting for 44% of the total pay in 2022.
Marco also received $200 in bonus, $189.9K in option awards, $370K in salary, $190K in stock awards and $65.5K in other compensation.
Rankings
In 2022, Lori J. Marco's compensation ranked 2,232nd out of 5,506 executives tracked by ExecPay. In other words, Marco earned more than 59.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,232 out of 5,506 | 60th |
Division Manufacturing | 1,205 out of 2,985 | 60th |
Major group Food And Kindred Products | 67 out of 128 | 48th |
Industry group Meat Products | 4 out of 11 | 64th |
Industry Meat Packing Plants | 4 out of 6 | 33rd |
Pay ratio
| Lori J. Marco's Pay | $1,465,127 |
|---|---|
| Median Employee's Pay | $50,369 |
| Pay Ratio | 29to 1 |
In 2022, the annual total compensation of Lori J. Marco was $1,465,127.
The annual total compensation of the median employee at Hormel Foods was $50,369.
The ratio of Lori J. Marco's pay to the pay of median employee was therefore 29 to one.
Source: SEC filing on December 21, 2022.
Marco's colleagues
We found five more compensation records of executives who worked with Lori J. Marco at Hormel Foods in 2022.