Sysco CEO Thomas Ben's 2019 pay jumps 22% to $11M

Sysco reports 2019 executive compensation

By ExecPay News

Published: October 2, 2019

Sysco reported fiscal year 2019 executive compensation information on October 2, 2019.
In 2019, seven Sysco executives received on average a compensation package of $4.6M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Sysco
Thomas L. Ben, Chief Executive Officer, received $11M in total, which increased by 22% compared to 2018. 43% of Ben's compensation, or $4.6M, was in stock awards. Ben also received $2.9K of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $3.3M in option awards, $1.2M in salary, as well as $136K in other compensation.
For fiscal year 2019, the median employee pay was $70,801 at Sysco. Therefore, the ratio of Thomas L. Ben's pay to the median employee pay was 152 to one.
Greg D. Bertrand, Executive Vice President, U.S. Foodservice Operations, received a compensation package of $4.1M, which increased by 20% compared to previous year. 30% of the compensation package, or $1.2M, was in stock awards.
Joel T. Grade, Chief Financial Officer, earned $3.9M in 2019, a 17% decrease compared to previous year.
Wayne R. Shurts, Chief Technology Officer, received $3.9M in 2019, which decreases by 9% compared to 2018.
Russell T. Libby, Secretary, earned $3.7M in 2019, a 7% decrease compared to previous year.
Paul T. Moskowitz, Executive Vice President, Human Resources, received $2.9M in 2019.
Robert S. Charlton, Executive Vice President, Supply Chain, earned $2.8M in 2019.
Sysco's fiscal year ends on July 2.

Related executives

Thomas Ben

Sysco

Chief Executive Officer

Joel Grade

Sysco

Chief Financial Officer

Greg Bertrand

Sysco

Executive Vice President, US Foodservice Operations

Robert Charlton

Sysco

Executive Vice President, Supply Chain

Paul Moskowitz

Sysco

Executive Vice President, Human Resources

Russell Libby

Sysco

Secretary

Wayne Shurts

Sysco

Chief Technology Officer

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Source: SEC filing on October 2, 2019.