Landec CEO Albert Bolles' 2020 pay slips 2% to $980K
Landec reports 2020 executive compensation
By ExecPay News
Published: August 31, 2020
Landec reported fiscal year 2020 executive compensation information on August 31, 2020.
In 2020, six Landec executives received on average a compensation package of $697K, a 22% decrease compared to previous year.
Average pay of disclosed executives at Landec
Albert D. Bolles, Chief Executive Officer, received $980K in total, which decreased by 2% compared to 2019. 63% of Bolles' compensation, or $620K, was in salary. Bolles also received $268K in option awards and $93K in other compensation.
For fiscal year 2020, the median employee pay was $57,009 at Landec. Therefore, the ratio of Albert D. Bolles' pay to the median employee pay was 17 to one.
James G. Hall, President of Lifecore Biomedical and Vice President of Landec, received a compensation package of $960K, which increased by 16% compared to previous year. 36% of the compensation package, or $342K, was in salary.
Gregory S. Skinner, Chief Financial Officer, earned $786K in 2020, a 7% decrease compared to previous year.
Timothy P. Burgess, Senior Vice President of Supply Chain of Curation Foods and Vice President of Landec, received $578K in 2020.
Brian F. McLaughlin, Chief Financial Officer, earned $497K in 2020, a 3% increase compared to previous year.
Dawn Kimball, Senior Vice President of Human Resources and Chief People Officer, received $381K in 2020.
Landec's fiscal year ends on May 26.
Related executives
Albert Bolles
Landec
Chief Executive Officer
Brian McLaughlin
Landec
Chief Financial Officer
Gregory Skinner
Landec
Chief Financial Officer
James Hall
Landec
President of Lifecore Biomedical and Vice President of Landec
Timothy Burgess
Landec
Senior Vice President of Supply Chain of Curation Foods and Vice President of Landec
Dawn Kimball
Landec
Senior Vice President of Human Resources and Chief People Officer
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Source: SEC filing on August 31, 2020.