Cal-Maine Foods

Cal-Maine Foods

CALM· Agriculture· Fiscal year ends in May

CEO pay in FY2025Stock +55.6% in FY2025

Sherman L. Miller is the CEO of Cal-Maine Foods and was paid $1.7M in FY2025 (May), up 53%.

Pay$100 in the stock at the end of FY18 → $210
CEO pay is from each Cal-Maine Foods proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives5

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  1. 1Sherman L. MillerFY2025
  2. 2Max P. BowmanFY2025
  3. 3Robert L. Holladay, JrFY2025
  4. 4Michael T. WaltersFY2025
  5. 5Adolphus B. BakerFY2025

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Cal-Maine Foods paid its 5 named executives $6.4M in total in FY2025 (May). CEO Sherman L. Miller was paid $1.7M of that.

Name
Sherman L. MillerPresident/CEO
Max P. BowmanVP/ CFO/ Treasurer/ Secretary
Robert L. Holladay, JrVP/General Counsel
Michael T. WaltersVP/COO
Adolphus B. BakerBoard Chair

of each named executive, from the Summary Compensation Table of each proxy.

Peers16

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The FY2025 (May) proxy of Cal-Maine Foods names 16 peer companies for pay. Among Cal-Maine Foods and these peers, CEO pay was the lowest of 4 and total shareholder return was the highest of 4.

4th highest of 4in Cal-Maine Foods and its pay peers, FY2025 (May) by CEO pay:

$1.7M$9.4M

1st highest of 4in Cal-Maine Foods and its pay peers, FY2025 (May) by total shareholder return:

$59$265

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board1

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  • Sherman L. MillerDirector · 12 yr on the boardIndependentExecutive—Paid as an executive

The board of the latest proxy (FY2024).

Activity

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Filings7

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Proxy statementDEF 14AAug 19, 2025FY2025
Annual report10-KJul 22, 2025FY2025
Proxy statementDEF 14AAug 22, 2024FY2024
Annual report10-KJul 23, 2024FY2024
Proxy statementDEF 14AAug 22, 2023FY2023
Annual report10-KJul 25, 2023FY2023