SOUTH DAKOTA SOYBEAN PROCESSORS LLC CEO Tom Kersting's 2020 pay rises 10% to $495K

SOUTH DAKOTA SOYBEAN PROCESSORS LLC reports 2020 executive compensation

By ExecPay News

Published: April 29, 2021

SOUTH DAKOTA SOYBEAN PROCESSORS LLC reported fiscal year 2020 executive compensation information on April 29, 2021.
In 2020, two executives at SOUTH DAKOTA SOYBEAN PROCESSORS LLC received on average a compensation package of $331K, a 9% increase compared to previous year.
Average pay of disclosed executives at SOUTH DAKOTA SOYBEAN PROCESSORS LLC
Tom Kersting, Chief Executive Officer, received $495K in total, which increased by 10% compared to 2019. 78% of Kersting's compensation, or $385K, was in salary. Kersting also received $100K in bonus and $9.3K in other compensation.
Mark Hyde, Chief Financial Officer, received a compensation package of $167K, which increased by 7% compared to previous year. 83% of the compensation package, or $139K, was in salary.

Related executives

Tom Kersting

SOUTH DAKOTA SOYBEAN PROCESSORS LLC

Chief Executive Officer

Mark Hyde

SOUTH DAKOTA SOYBEAN PROCESSORS LLC

Chief Financial Officer

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Source: SEC filing on April 29, 2021.