Fresh Del Monte Produce CEO Mohammad Abu-Ghazaleh's 2018 pay falls 22% to $6.7M
Fresh Del Monte Produce reports 2018 executive compensation
By ExecPay News
Published: April 1, 2019
Fresh Del Monte Produce reported fiscal year 2018 executive compensation information on April 1, 2019.
In 2018, five executives at Fresh Del Monte Produce received on average a compensation package of $2.3M, a 15% decrease compared to previous year.
Average pay of disclosed executives at Fresh Del Monte Produce
Mohammad Abu-Ghazaleh, Chief Executive Officer, received $6.7M in total, which decreased by 22% compared to 2017. 63% of Abu-Ghazaleh's compensation, or $4.2M, was in stock awards. Abu-Ghazaleh also received $1.2M in non-equity incentive plan, $1.2M in salary, as well as $102K in other compensation.
For fiscal year 2018, the median employee pay was $5,525 at Fresh Del Monte Produce. Therefore, the ratio of Mohammad Abu-Ghazaleh's pay to the median employee pay was 1,207 to one.
Youssef Zakharia, Chief Operating Officer, received a compensation package of $2M, which increased by 3% compared to previous year. 51% of the compensation package, or $1M, was in stock awards.
Emanuel Lazopoulos, SVP, N.A. Sales, Marketing & Product Management, earned $1.1M in 2018, a 5% decrease compared to previous year.
Marissa Tenazas, SVP, Human Resources, received $942K in 2018.
Richard Contreras, Chief Financial Officer, earned $932K in 2018, a 6% decrease compared to previous year.
Related executives
Mohammad Abu-Ghazaleh
Fresh Del Monte Produce
Chief Executive Officer
Richard Contreras
Fresh Del Monte Produce
Chief Financial Officer
Youssef Zakharia
Fresh Del Monte Produce
Chief Operating Officer
Emanuel Lazopoulos
Fresh Del Monte Produce
SVP, N.A. Sales, Marketing & Product Management
Marissa Tenazas
Fresh Del Monte Produce
SVP, Human Resources
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Source: SEC filing on April 1, 2019.