Sanderson Farms CEO Joe Sanderson's 2018 pay falls 36% to $4.2M
Sanderson Farms reports 2018 executive compensation
By ExecPay News
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. 59% 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% of the compensation package, or $741K, was in salary.
Mike Cockrell, Chief Financial Officer, earned $1.2M in 2018, a 36% decrease compared to previous year.
Tim Rigney, Secretary, received $439K in 2018, which decreases by 24% compared to 2017.
Sanderson Farms' fiscal year ends on October 31.
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Source: SEC filing on January 11, 2019.