United Natural Foods CEO Steven Spinner's 2021 pay slips 5% to $8.4M
United Natural Foods reports 2021 executive compensation
By ExecPay News
Published: November 23, 2021
United Natural Foods reported fiscal year 2021 executive compensation information on November 23, 2021.
In 2021, five executives at United Natural Foods received on average a compensation package of $3.9M, a 23% increase compared to previous year.
Average pay of disclosed executives at United Natural Foods
Steven L. Spinner, Chief Executive Officer, received $8.4M in total, which decreased by 5% compared to 2020. 61% of Spinner's compensation, or $5.1M, was in stock awards. Spinner also received $2.1M in non-equity incentive plan, $1.2M in salary, as well as $16K in other compensation.
For fiscal year 2021, the median employee pay was $54,114 at United Natural Foods. Therefore, the ratio of Steven L. Spinner's pay to the median employee pay was 155 to one.
Christopher P. Testa, President, received a compensation package of $3.1M, which increased by 38% compared to previous year. 48% of the compensation package, or $1.5M, was in stock awards.
Eric A. Dorne, Chief Operating Officer, earned $3.1M in 2021, a 47% increase compared to previous year.
John W. Howard, Chief Financial Officer, received $2.5M in 2021, which increases by 15% compared to 2020.
Jill E. Sutton, Chief Legal Officer, earned $2.4M in 2021, a 37% increase compared to previous year.
United Natural Foods' fiscal year ends on July 31.
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Source: SEC filing on November 23, 2021.