B&G Foods CEO Robert Cantwell's 2018 pay jumps 21% to $2.3M
B&G Foods reports 2018 executive compensation
By ExecPay News
Published: March 26, 2020
B&G Foods reported fiscal year 2018 executive compensation information on March 26, 2020.
In 2018, six B&G Foods executives received on average a compensation package of $1.3M, a 55% increase compared to previous year.
Average pay of disclosed executives at B&G Foods
Robert C. Cantwell, Chief Executive Officer, received $2.3M in total, which increased by 21% compared to 2017. 33% of Cantwell's compensation, or $761K, was in salary. Cantwell also received $649K in bonus, $16K of change in pension value and nonqualified deferred compensation earnings, $285K in option awards, $598K in stock awards, as well as $18K in other compensation.
For fiscal year 2018, the median employee pay was $28,141 at B&G Foods. Therefore, the ratio of Robert C. Cantwell's pay to the median employee pay was 83 to one.
Kenneth G. Romanzi, Chief Executive Officer, received a compensation package of $1.5M. 37% of the compensation package, or $550K, was in salary.
Scott E. Lerner, General Counsel, earned $1M in 2018, a 21% increase compared to previous year.
Vanessa E. Maskal, Executive Vice President of Sales and Marketing, received $977K in 2018, which increases by 13% compared to 2017.
Bruce C. Wacha, Chief Financial Officer, earned $952K in 2018, a 277% increase compared to previous year.
William F. Herbes, Executive Vice President of Operations, received $865K in 2018, which increases by 22% compared to 2017.
B&G Foods' fiscal year ends on January 1.
Related executives
William Herbes
B&G Foods
Executive Vice President of Operations
Robert Cantwell
B&G Foods
Chief Executive Officer
Bruce Wacha
B&G Foods
Chief Financial Officer
Kenneth Romanzi
B&G Foods
Chief Executive Officer
Scott Lerner
B&G Foods
General Counsel
Vanessa Maskal
B&G Foods
Former Executive Vice President of Sales and Marketing
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Source: SEC filing on March 26, 2020.