Seaboard CFO Robert Steer's 2018 pay falls 28% to $2.9M
Seaboard reports 2018 executive compensation
By ExecPay News
Published: March 8, 2019
Seaboard reported fiscal year 2018 executive compensation information on March 8, 2019.
In 2018, five Seaboard executives received on average a compensation package of $2.2M, a 35% decrease compared to previous year.
Average pay of disclosed executives at Seaboard
Robert L. Steer, Chief Financial Officer, received $2.9M in total, which decreased by 28% compared to 2017. 40% of Steer's compensation, or $1.2M, was in bonus. Steer also received $782K of change in pension value and nonqualified deferred compensation earnings, $810K in salary, as well as $133K in other compensation.
Steven J. Bresky, Chief Executive Officer, received a compensation package of $2.7M, which decreased by 53% compared to previous year. 49% of the compensation package, or $1.3M, was in bonus.
David M. Dannov, President, Seaboard Overseas Trading Group, earned $2.1M in 2018, a 15% decrease compared to previous year.
Darwin E. Sand, President, Seaboard Foods LLC, received $1.8M in 2018.
Edward A. Gonzalez, President, Seaboard Marine Ltd, earned $1.8M in 2018, a 13% decrease compared to previous year.
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Source: SEC filing on March 8, 2019.