Fresh Del Monte Produce CEO Mohammad Abu-Ghazaleh's 2020 pay rises 5% to $5.9M
Fresh Del Monte Produce reports 2020 executive compensation
By ExecPay News
Published: April 22, 2022
Fresh Del Monte Produce reported fiscal year 2020 executive compensation information on April 22, 2022.
In 2020, six executives at Fresh Del Monte Produce received on average a compensation package of $2M, a 23% increase compared to previous year.
Average pay of disclosed executives at Fresh Del Monte Produce
Mohammad Abu-Ghazaleh, Chief Executive Officer, received $5.9M in total, which increased by 5% compared to 2019. 42% of Abu-Ghazaleh's compensation, or $2.5M, was in stock awards. Abu-Ghazaleh also received $2.1M in non-equity incentive plan, $1.2M in salary, as well as $65K in other compensation.
For fiscal year 2020, the median employee pay was $5,880 at Fresh Del Monte Produce. Therefore, the ratio of Mohammad Abu-Ghazaleh's pay to the median employee pay was 1,005 to one.
Youssef Zakharia, Chief Operating Officer, received a compensation package of $2.6M, which increased by 8% compared to previous year. 40% of the compensation package, or $1M, was in stock awards.
Annunciata Cerioli, SVP North America, earned $1.1M in 2020, a 36% increase compared to previous year.
Marlene M. Gordon, Chief Administrative Officer, received $896K in 2020, which increases by 23% compared to 2019.
Eduardo Bezerra, Chief Financial Officer, earned $804K in 2020, a 18% increase compared to previous year.
Mohammad Abbas, SVP, Asia Pacific and Middle East Region, received $802K in 2020, which increases by 27% compared to 2019.
Related executives
Mohammad Abbas
Fresh Del Monte Produce
SVP, Asia Pacific and Middle East Region
Mohammad Abu-Ghazaleh
Fresh Del Monte Produce
Chief Executive Officer
Eduardo Bezerra
Fresh Del Monte Produce
Chief Financial Officer
Youssef Zakharia
Fresh Del Monte Produce
Chief Operating Officer
Annunciata Cerioli
Fresh Del Monte Produce
SVP North America
Marlene Gordon
Fresh Del Monte Produce
Chief Administrative Officer
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Source: SEC filing on April 22, 2022.