Kraft Heinz U.S. Zone President Carlos Abrams-Rivera's 2020 pay jumps 407% to $15M

Kraft Heinz reports 2020 executive compensation

By ExecPay News

Published: March 26, 2021

Kraft Heinz reported fiscal year 2020 executive compensation information on March 26, 2021.
In 2020, six executives at Kraft Heinz received on average a compensation package of $8M, a 58% decrease compared to previous year.
Average pay of disclosed executives at Kraft Heinz
Carlos Abrams-Rivera, U.S. Zone President, received $15M in total. 69% of Abrams-Rivera's compensation, or $10M, was in stock awards. Abrams-Rivera also received $1M in bonus, $2.2M in non-equity incentive plan, $382K in option awards, $723K in salary, as well as $427K in other compensation.
Flavio Torres, Head of Global Operations, received a compensation package of $7.9M. 82% of the compensation package, or $6.4M, was in stock awards.
Rafael Oliveira, International Zone President, earned $7.3M in 2020, a 34% decrease compared to previous year.
Paulo Basilio, Chief Financial Officer, received $6.4M in 2020, which decreases by 58% compared to 2019.
Miguel Patricio, Chief Executive Officer, earned $6.1M in 2020, a 86% decrease compared to previous year.
Rashida La Lande, General Counsel, received $5.5M in 2020, which decreases by 25% compared to 2019.

Related executives

Miguel Patricio

Kraft Heinz

Chief Executive Officer

Paulo Basilio

Kraft Heinz

Chief Financial Officer

Carlos Abrams-Rivera

Kraft Heinz

Executive Vice President and President, North America

Rafael Oliveira

Kraft Heinz

Executive Vice President and President, International Markets

Flavio Torres

Kraft Heinz

Head of Global Operations

Rashida Lande

Kraft Heinz

General Counsel

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Source: SEC filing on March 26, 2021.