United Natural Foods CEO Sandy Douglas receives $8.7M in 2022
United Natural Foods reports 2022 executive compensation
By ExecPay News
Published: November 22, 2022
United Natural Foods reported fiscal year 2022 executive compensation information on November 22, 2022.
In 2022, seven executives at United Natural Foods received on average a compensation package of $4.3M, a 11% increase compared to previous year.
Average pay of disclosed executives at United Natural Foods
Sandy Douglas, Chief Executive Officer, received $8.7M in total. 68% of Douglas' compensation, or $5.9M, was in stock awards. Douglas also received $1.8M in non-equity incentive plan, $1M in salary, as well as $7.8K in other compensation.
For fiscal year 2022, the median employee pay was $59,523 at United Natural Foods. Therefore, the ratio of Sandy Douglas' pay to the median employee pay was 147 to one.
Steven L. Spinner, Chief Executive Officer, received a compensation package of $6.3M, which decreased by 25% compared to previous year. 96% of the compensation package, or $6M, was in other compensation.
Christopher P. Testa, President, earned $4.2M in 2022, a 34% increase compared to previous year.
Eric A. Dorne, Chief Operating Officer, received $3.5M in 2022, which increases by 12% compared to 2021.
John W. Howard, Chief Financial Officer, earned $2.9M in 2022, a 15% increase compared to previous year.
Jill E. Sutton, Chief Legal Officer, received $2.6M in 2022, which increases by 8% compared to 2021.
Michael C. Stigers, Chief Executive Officer, earned $2.1M in 2022.
United Natural Foods' fiscal year ends on July 31.
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Source: SEC filing on November 22, 2022.