Sanfilippo John B & Son COO Jasper Sanfilippo's 2022 pay falls 44% to $1.8M
Sanfilippo John B & Son reports 2022 executive compensation
By ExecPay News
Published: September 16, 2022
Sanfilippo John B & Son reported fiscal year 2022 executive compensation information on September 16, 2022.
In 2022, seven executives at Sanfilippo John B & Son received on average a compensation package of $1.1M, a 49% decrease compared to previous year.
Average pay of disclosed executives at Sanfilippo John B & Son
Jasper B. Sanfilippo, Jr, Chief Operating Officer, received $1.8M in total, which decreased by 44% compared to 2021. 43% of Sanfilippo's compensation, or $764K, was in salary. Sanfilippo also received $611K in non-equity incentive plan, $383K in stock awards, as well as $29K in other compensation.
For fiscal year 2022, the median employee pay was $61,744 at Sanfilippo John B & Son. Therefore, the ratio of Jasper B. Sanfilippo, Jr's pay to the median employee pay was 29 to one.
Jeffrey T. Sanfilippo, Chief Executive Officer, received a compensation package of $1.8M, which decreased by 49% compared to previous year. 43% of the compensation package, or $764K, was in salary.
Michael J. Valentine, Group President, earned $1.7M in 2022, a 55% decrease compared to previous year.
Frank S. Pellegrino, Chief Financial Officer, received $902K in 2022, which decreases by 7% compared to 2021.
Shayn E. Wallace, Executive Vice President Sales and Marketing, earned $749K in 2022, a 23% decrease compared to previous year.
Christopher H. Gardier, Former Senior Vice President Consumer Sales, received $479K in 2022, which decreases by 40% compared to 2021.
Michael J. Finn, Vice President Corporate Controller, earned $401K in 2022.
Sanfilippo John B & Son's fiscal year ends on June 28.
Related executives
Jeffrey Sanfilippo
Sanfilippo John B & Son
Chief Executive Officer
Michael Valentine
Sanfilippo John B & Son
Group President
Jasper Sanfilippo
Sanfilippo John B & Son
Chief Operating Officer
Frank Pellegrino
Sanfilippo John B & Son
Chief Financial Officer
Shayn Wallace
Sanfilippo John B & Son
Executive Vice President Sales and Marketing
Christopher Gardier
Sanfilippo John B & Son
Former Senior Vice President Consumer Sales
Michael Finn
Sanfilippo John B & Son
Vice President Corporate Controller
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Source: SEC filing on September 16, 2022.