United Natural Foods CEO Steven Spinner's 2020 pay jumps 25% to $8.9M

United Natural Foods reports 2020 executive compensation

By ExecPay News

Published: November 25, 2020

United Natural Foods reported fiscal year 2020 executive compensation information on November 25, 2020.
In 2020, seven executives at United Natural Foods received on average a compensation package of $3.2M, a 10% increase compared to previous year.
Average pay of disclosed executives at United Natural Foods
Steven L. Spinner, Chief Executive Officer, received $8.9M in total, which increased by 25% compared to 2019. 58% of Spinner's compensation, or $5.1M, was in stock awards. Spinner also received $13K of change in pension value and nonqualified deferred compensation earnings, $2.5M in non-equity incentive plan, $1.2M in salary, as well as $29K in other compensation.
For fiscal year 2020, the median employee pay was $54,039 at United Natural Foods. Therefore, the ratio of Steven L. Spinner's pay to the median employee pay was 164 to one.
Sean F. Griffin, Chief Executive Officer, received a compensation package of $5M, which increased by 33% compared to previous year. 47% of the compensation package, or $2.3M, was in stock awards.
Christopher P. Testa, President, earned $2.3M in 2020, a 49% increase compared to previous year.
John W. Howard, Chief Financial Officer, received $2.2M in 2020.
Eric A. Dorne, Chief Operating Officer, earned $2.1M in 2020, a 50% increase compared to previous year.
Jill E. Sutton, Chief Legal Officer, received $1.7M in 2020, which increases by 15% compared to 2019.
Michael P. Zechmeister, Chief Financial Officer, earned $41K in 2020, a 98% decrease compared to previous year.
United Natural Foods' fiscal year ends on August 1.

Related executives

Steven Spinner

United Natural Foods

Chief Executive Officer

John Howard

United Natural Foods

Chief Financial Officer

Eric Dorne

United Natural Foods

Chief Operating Officer

Jill Sutton

United Natural Foods

Chief Legal Officer

Christopher Testa

United Natural Foods

President

Sean Griffin

United Natural Foods

Chief Executive Officer

Michael Zechmeister

United Natural Foods

Chief Financial Officer

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Source: SEC filing on November 25, 2020.