Sovos Brands CEO Todd Lachman's 2021 pay jumps 428% to $14M
Sovos Brands reports 2021 executive compensation
By ExecPay News
Published: April 25, 2022
Sovos Brands reported fiscal year 2021 executive compensation information on April 25, 2022.
In 2021, three executives at Sovos Brands received on average a compensation package of $6.6M, a 333% increase compared to previous year.
Average pay of disclosed executives at Sovos Brands
Todd R. Lachman, Chief Executive Officer, received $14M in total, which increased by 428% compared to 2020. 87% of Lachman's compensation, or $12M, was in stock awards. Lachman also received $294K in bonus, $643K in non-equity incentive plan, $725K in salary, as well as $158K in other compensation.
Richard P. Greenberg, Chief Commercial Officer, received a compensation package of $3.3M, which increased by 216% compared to previous year. 77% of the compensation package, or $2.6M, was in stock awards.
Christopher W. Hall, Chief Financial Officer, earned $3M in 2021, a 209% increase compared to previous year.
Sovos Brands' fiscal year ends on December 25.
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Source: SEC filing on April 25, 2022.