Sanderson Farms CEO Joe Sanderson's 2018 pay falls 36% to $4.2M

Sanderson Farms reports 2018 executive compensation

Published: January 11, 2019

Sanderson Farms reported fiscal year 2018 executive compensation information on January 11, 2019.

In 2018, four executives at Sanderson Farms received on average a compensation package of $1.8M, a 36% decrease compared to previous year.

Average pay of disclosed executives at Sanderson Farms

Joe F. Sanderson, Jr, Chief Executive Officer, received $4.2M in total, which decreased by 36% compared to 2017. 58.75% of Sanderson's compensation, or $2.5M, was in stock awards. Sanderson also received $1.5M in salary and $225K in other compensation.

Lampkin Butts, Chief Operating Officer, received a compensation package of $1.4M, which decreased by 39% compared to previous year. 51.33% of the compensation package, or $740.8K, was in salary.

Mike Cockrell, Chief Financial Officer, earned $1.2M in 2018, a 36% decrease compared to previous year.

Tim Rigney, Secretary, received $438.5K in 2018, which decreases by 24% compared to 2017.

Sanderson Farms' fiscal year ends on October 31.