Marzetti: Pay

Marzetti paid its 6 named executives $13.7M in total in FY2025 (Jun). CEO David A. Ciesinski was paid $5.4M of that.

Pay$100 in the stock at the end of FY20 → $123
CEO pay is from each 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.

Pay of each named executive

David A. CiesinskiPresident and CEO
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
FY2022 (Jun)Not disclosed
FY2021 (Jun)Not disclosed
5 years
Carl R. StealeyFormer President, Retail Division
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
FY2022 (Jun)Not disclosed
FY2021 (Jun)Not disclosed
5 years
Thomas K. PigottChief Financial Officer, Vice President and Assistant Secretary
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
FY2022 (Jun)Not disclosed
FY2021 (Jun)Not disclosed
5 years
Kristin J. BirdPresident, Foodservice Division
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
FY2022 (Jun)Not disclosed
FY2021 (Jun)Not disclosed
5 years
Luis VisoChief Supply Chain Officer
FY2025 (Jun)
FY2024 (Jun)
FY2023 (Jun)
3 years
Tanya BermanPresident, Retail Division
FY2025 (Jun)
1 year

CEO pay against the pay peers

In FY2025 (Jun), the median CEO pay of the 3 peers with pay on file was $2.7M. The CEO of Marzetti was paid $5.4M, 100% above the median.

  1. 1Flowers Foods
  2. 2Marzetti
  3. 3Lamb Weston Holdings
  4. 4Cal-Maine Foods
  5. 5B&G Foods, Inc.Not disclosed
  6. 6J&J Snack Foods Corp.Not disclosed
  7. 7John B. Sanfilippo & Son, Inc.Not disclosed
  8. 8Mccormick & CoNot disclosed
  9. 9Post HoldingsNot disclosed
  10. 10Sovos Brands, Inc.Not disclosed
  11. 11SunOpta Inc.Not disclosed
  12. 12The Hain Celestial Group, Inc.Not disclosed
  13. 13The Simply Good Foods CompanyNot disclosed
  14. 14Tootsie Roll Industries, Inc.Not disclosed
  15. 15Treehouse Foods, Inc.Not disclosed
  16. 16Utz Brands, Inc.Not disclosed
  17. 17WK Kellogg CoNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.