Steven G. Binder
2016
In 2016, Steven G. Binder earned a total compensation of $5M as Executive Vice President and President, Hormel Business Units at Hormel Foods, a 40% increase compared to previous year.
Compensation breakdown
| Bonus | $400 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,608,831 |
| Non-Equity Incentive Plan | $2,057,893 |
| Option Awards | $800,298 |
| Salary | $500,965 |
| Other | $52,160 |
| Total | $5,020,547 |
Binder received $2.1M in non-equity incentive plan, accounting for 41% of the total pay in 2016.
Binder also received $400 in bonus, $1.6M of change in pension value and nonqualified deferred compensation earnings, $800.3K in option awards, $501K in salary and $52.2K in other compensation.
Rankings
In 2016, Steven G. Binder's compensation ranked 1,605th out of 14,075 executives tracked by ExecPay. In other words, Binder earned more than 88.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,605 out of 14,075 | 89th |
Division Manufacturing | 545 out of 5,486 | 90th |
Major group Food And Kindred Products | 38 out of 230 | 84th |
Industry group Meat Products | 2 out of 12 | 83rd |
Industry Meat Packing Plants | 2 out of 6 | 67th |
Source: SEC filing on December 20, 2017.
Binder's colleagues
We found five more compensation records of executives who worked with Steven G. Binder at Hormel Foods in 2016.