Sundar PichaiSundar Pichai earned $164M in 2023

Dan Fachner is the CEO of J&J Snack Foods Corp., a role he has held since May 11, 2021. His leadership follows a long tenure as President of The ICEE Company, which is a subsidiary of the snack foods giant....

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Dan Fachner

CEO of J&J Snack Foods

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

Born

January 1, 1960 - 65 years ago

CEO of J&J Snack Foods for

4 years 0 months (May 2021 - Present)

Previous Experience

President and CEO of The ICEE Company

Rivals

Competitors/colleagues of Dan Fachner

Holdings

See how much did Dan Fachner make over time.

Dan Fachner's connection to J&J Snack Foods Corp. goes beyond just his role as CEO; he has a significant stake in the company. His holdings have seen fluctuations, especially with his compensation and performance bonuses directly tied to company metrics...

Total Stock Sold

$11.66M

JJSF

$11.66M

81,250 JJSF shares

What if they kept their stock?

If Dan Fachner didn't sell their stock, today they would have:
Extra JJSF81,250 shares worth $10.81M.
This is -7.28% and $849.46K less than what they got when they sold the stock.

Charitable Transactions

JJSF

4,103 shares

JJSF

Recent Charitable Transactions

JJSF

1,100 shares

JJSF

Nov 27, 2024

Charity

JJSF

800 shares

JJSF

Nov 29, 2023

Charity

JJSF

$96.25K

JJSF at $160.41/share

Nov 23, 2022

Charity

JJSF

485 shares

JJSF

Dec 9, 2021

Charity

JJSF

300 shares

JJSF

Dec 11, 2017

Charity

JJSF

218 shares

JJSF

Oct 6, 2016

Charity

Insider Trading

See recent insider trades of Dan Fachner.

JJSF

1,100 shares

JJSF

Nov 27, 2024

Charity

JJSF

$1.03M

JJSF at $165.38/share

Nov 19, 2024

Received

JJSF

1,795 shares

JJSF

Jan 1, 2024

Received

JJSF

$1.92M

JJSF at $165.11/share

Nov 29, 2023

Sale

JJSF

800 shares

JJSF

Nov 29, 2023

Charity

JJSF

$1.40M

JJSF at $167.22/share

Nov 24, 2023

Sale

JJSF

$750.01K

JJSF at $168.39/share

Nov 16, 2023

Received

JJSF

$96.25K

JJSF at $160.41/share

Nov 23, 2022

Charity

JJSF

$750.02K

JJSF at $151.55/share

Nov 16, 2022

Received

JJSF

$1.24M

JJSF at $155.00/share

Aug 25, 2022

Sale

Compensation History

See how much did Dan Fachner make over time.

In 2023, Dan Fachner's total compensation equaled $4 million, a notable increase from previous years. His annual salary was $950,000, and he earned an impressive $1.32 million in performance bonuses, reflecting a strong alignment with the company's success. The bonus itself was around 139% of his target, indicating exceptional performance metrics were met. Additionally, Fachner received vested stock units valued at $809,904, which ties his long-term financial interests directly to the success of J&J Snack Foods. The company's compensation philosophy emphasizes rewarding achievement based on aggressive goals, which means his pay is not just about the base salary but closely linked to performance. Deals around his employment include potential bonuses connected to hitting significant growth targets, further indicating a results-driven approach to executive compensation. Previous years showed lower compensation figures, but the upswing reflects strong performance and strategic leadership since he became CEO.

Year

2023

Total Compensation

$3.14M

Salary

$950.00K

Board Justification

The compensation programs are designed to support business goals and promote both short-term and long-term growth, reflecting a results-oriented corporate culture that rewards achievement of aggressive goals.

Bonus

$1.32M

Board Justification

Based on the Company’s performance for 2023, both quantitative and qualitative, Mr. Fachner received a 2023 non-equity incentive payment of $1,324,945, approximately one hundred thirty-nine percent (139%) of the target amount.

Other

$57.81K

Board Justification

Includes automobile lease payments, company paid fuel cards, and 401(k) company match. For Mr. Fachner, also includes membership fees at a local country club.

Restricted Stock

$809.90K(4.95K RSU)

Board Justification

The time-vesting restricted stock units vest in equal one-third annual installments over a three-year service period. The performance-vesting restricted stock units vest at the target level based on our achievement of $396.57 million in cumulative adjusted EBITDA over a two-year performance period, provided Mr. Fachner remains employed for an additional year thereafter.

Performance Metrics

The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs are Adjusted EBITDA and Net Sales.

Other J&J Snack Foods CEOs

Here are other CEOs of J&J Snack Foods