Seaboard reports 2018 executive compensation

CFO Robert L. Steer receives $2.9M

Seaboard reported fiscal year 2018 executive compensation information on March 8, 2019.

In 2018, five Seaboard executives received on average a compensation package of $2,227,711, a 35% decrease compared to previous year.

Average pay of disclosed executives at Seaboard

Robert L. Steer, Chief Financial Officer, received $2,875,035 in total, which decreased by 28% compared to 2017. 40.00% of Steer's compensation, or $1,150,000, was in bonus. Steer also received $781,640 of change in pension value and nonqualified deferred compensation earnings, $810,000 in salary, as well as $133,395 in other compensation.

Steven J. Bresky, Chief Executive Officer, received a compensation package of $2,662,381, which decreased by 53% compared to previous year. 48.83% of the compensation package, or $1,300,000, was in bonus.

David M. Dannov, President, Seaboard Overseas Trading Group, earned $2,087,889 in 2018, a 15% decrease compared to previous year.

Darwin E. Sand, President, Seaboard Foods LLC, received $1,757,491 in 2018.

Edward A. Gonzalez, President, Seaboard Marine Ltd, earned $1,755,761 in 2018, a 13% decrease compared to previous year.