Bunge CEO Soren Schroder's 2018 pay slips 3% to $13M
Bunge reports 2018 executive compensation
By ExecPay News
Published: April 10, 2019
Bunge reported fiscal year 2018 executive compensation information on April 10, 2019.
In 2018, five Bunge executives received on average a compensation package of $5.9M, a 2% increase compared to previous year.
Average pay of disclosed executives at Bunge
Soren Schroder, Chief Executive Officer, received $13M in total, which decreased by 3% compared to 2017. 49% of Schroder's compensation, or $6.2M, was in stock awards. Schroder also received $564K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $2.9M in option awards, $1.3M in salary, as well as $61K in other compensation.
For fiscal year 2018, the median employee pay was $39,087 at Bunge. Therefore, the ratio of Soren Schroder's pay to the median employee pay was 323 to one.
Raul Padilla, Chief Executive Officer, received a compensation package of $4.8M, which increased by 2% compared to previous year. 35% of the compensation package, or $1.7M, was in stock awards.
Brian Thomsen, Chief Executive Officer, earned $4.2M in 2018, a 4% decrease compared to previous year.
Thomas Boehlert, Chief Financial Officer, received $4.2M in 2018, which increases by 38% compared to 2017.
Gordon Hardie, Managing Director, Food and Ingredients, earned $3.8M in 2018, a 2% decrease compared to previous year.
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Source: SEC filing on April 10, 2019.