Campbell Soup Company CEO Mark Clouse's 2022 pay rises 4% to $10M
Campbell Soup Company reports 2022 executive compensation
By ExecPay News
Published: October 18, 2022
Campbell Soup Company reported fiscal year 2022 executive compensation information on October 18, 2022.
In 2022, five executives at Campbell Soup Company received on average a compensation package of $5.2M, a 12% increase compared to previous year.
Average pay of disclosed executives at Campbell Soup Company
Mark A. Clouse, Chief Executive Officer, received $10M in total, which increased by 4% compared to 2021. 62% of Clouse's compensation, or $6.4M, was in stock awards. Clouse also received $2.2M in non-equity incentive plan, $1.2M in salary, as well as $523K in other compensation.
For fiscal year 2022, the median employee pay was $64,277 at Campbell Soup Company. Therefore, the ratio of Mark A. Clouse's pay to the median employee pay was 160 to one.
Mick J. Beekhuizen, Chief Financial Officer, received a compensation package of $5.6M, which increased by 48% compared to previous year. 66% of the compensation package, or $3.7M, was in stock awards.
Adam G. Ciongoli, General Counsel, earned $3.6M in 2022, a 2% decrease compared to previous year.
Christopher D. Foley, Executive Vice President and President, Meals & Beverages, received $3.4M in 2022, which increases by 3% compared to 2021.
Valerie J. Oswalt, Executive Vice President and President, Snacks, earned $3.3M in 2022, a 19% increase compared to previous year.
Campbell Soup Company's fiscal year ends on August 2.
Related executives
Mark Clouse
Campbell Soup Company
Chief Executive Officer
Mick Beekhuizen
Campbell Soup Company
Chief Financial Officer
Adam Ciongoli
Campbell Soup Company
General Counsel
Christopher Foley
Campbell Soup Company
Executive Vice President and President, Meals & Beverages
Valerie Oswalt
Campbell Soup Company
Executive Vice President and President, Snacks
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Source: SEC filing on October 18, 2022.