Sundar PichaiSundar Pichai earned $164M in 2023

Adolphus B. Baker has been a key player in the egg industry since he joined Cal-Maine Foods in 1986. He worked his way up from an assistant position to become the President and CEO in 2010. Under his leadership, Cal-Maine...

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Adolphus B. Baker

Ex-CEO of Cal-Maine Foods

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1968 - 57 years ago

CEO of Cal-Maine Foods for

11 years 11 months (Oct 2010 - Sep 2022)

Previous Experience

President and Chief Operating Officer of the Company since January 1997; Vice President and Director of Marketing of the Company; Assistant to the President since 1987; employed by the Company since 1986; director of the Company since 1991.

Rivals

Competitors/colleagues of Adolphus B. Baker

Holdings

See how much did Adolphus B. Baker make over time.

Adolphus Baker holds a significant stake in Cal-Maine Foods. His holdings include approximately 544,293 shares of common stock and about 1,312,808 shares of Class A common stock, which give him a total voting power of approximately 53.9%. His wealth peaked...

Total Stock Sold

$236.97M

CALM

$236.97M

5,742,000 CALM shares

What if they kept their stock?

If Adolphus B. Baker didn't sell their stock, today they would have:
Extra CALM5,742,000 shares worth $231.35M.
This is -2.37% and $5.63M less than what they got when they sold the stock.

Charitable Transactions

CALM

1,453,832 shares

CALM

Recent Charitable Transactions

CALM

4,179 shares

CALM

Dec 7, 2023

Charity

CALM

3,871 shares

CALM

Dec 7, 2022

Charity

CALM

4,662 shares

CALM

Dec 16, 2021

Charity

CALM

4,698 shares

CALM

Dec 16, 2020

Charity

CALM

18,053 shares

CALM

Jan 14, 2020

Charity

CALM

15,611 shares

CALM

Jan 15, 2019

Charity

Insider Trading

See recent insider trades of Adolphus B. Baker.

CALM

982 shares

CALM

Jan 14, 2025

Received

CALM

1,863 shares

CALM

Dec 7, 2023

Received

CALM

4,179 shares

CALM

Dec 7, 2023

Charity

CALM

1,898 shares

CALM

Dec 7, 2022

Received

CALM

3,871 shares

CALM

Dec 7, 2022

Charity

TRMK

1,854 shares

TRMK

Apr 26, 2022

Received

CALM

7,433 shares

CALM

Dec 16, 2021

Received

Compensation History

See how much did Adolphus B. Baker make over time.

Adolphus Baker's compensation reflects his integral role at Cal-Maine Foods. In 2022, his total earnings reached $985,228, which includes a salary of $487,058, an annual bonus of $326,095, and additional compensation that includes perks like medical reimbursements. His 2021 compensation was slightly higher at around $1,174,401, showcasing a fluctuation based on company performance and bonuses tied to profitability. The structure of his pay is performance-focused, linking his incentives directly to the company's success and his leadership effectiveness over the years.

Year

2022

Total Compensation

$985.23K

Salary

$487.06K

Board Justification

The company aims to compensate employees at a level that rewards performance, minimizes turnover, and attracts talent, with a focus on aligning executive compensation with company performance.

Bonus

$326.10K

Board Justification

The annual bonus program is a variable, at-risk component of compensation designed to reward these officers for maximizing annual Company performance. Mr. Baker's annual bonus reflects the realignment of responsibilities.

Other

$69.39K

Board Justification

Includes auto allowance, medical reimbursement, and other perquisites.

Restricted Stock

$102.68K(1.9K RSAs)

Board Justification

Restricted stock awards (RSAs) granted on January 13, 2023, vesting fully on the third anniversary of the date of grant, conditioned upon remaining employed by the Company.

Performance Metrics

The annual bonus is primarily based on the company's profitability.

Other Cal-Maine Foods CEOs

Here are other CEOs of Cal-Maine Foods