In 2022, David J. Colo earned $3.23M in total compensation at MGP Ingredients, including $767.00K salary, $1.69M bonus and $747.92K in stock. Most recently acquired 1,000 shares in Dec 2023. Currently holds stock worth $3.21M. Led MGP Ingredients as CEO for 3 years.
Compensation History
Annual executive compensation data for David J. Colo, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$3.23M
Salary
$767.00K
Bonus
$1.69M
Other
$30.26K
Salary
$767.00KBoard Justification
The compensation program aims to align compensation with business objectives and stockholder interests, rewarding performance and ensuring competitiveness.
Bonus
$1.69MBoard Justification
Pursuant to the terms of the Colo Retirement Agreement, Mr. Colo remained eligible to receive a payout of his STI award for the 2023 performance year.
Other Compensation
$30.26KBoard Justification
Includes Company contributions to 401(k) plan accounts and an automobile allowance of $6,000.
Restricted Stock
Board Justification
RSUs that vested in 2023 based on performance metrics for the year 2022.
Performance Metrics
Adjusted Operating Income, Adjusted EBITDA, and Adjusted Basic EPS.
David J. Colo
Ex-CEO of MGP Ingredients
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
January 1, 1963 - 62 years ago
CEO of MGP Ingredients for
3 years 7 months (May 2020 - Jan 2024)
Previous Experience
President and Chief Executive Officer of SunOpta, Inc., Executive Vice President and Chief Operating Officer of Diamond Foods, Inc.
Holdings
Track David J. Colo's stock holdings and portfolio value over time.
Insider Trading
David J. Colo's recent stock transactions, purchases, and sales filed with the SEC.
$87.70K
MGPI at $87.70/share
Dec 6, 2023
Purchase
22,170 shares
MGPI
Feb 15, 2023
Received
22,020 shares
MGPI
Feb 10, 2022
Received
19,322 shares
MGPI
Feb 11, 2021
Received
8,000 shares
MGPI
Mar 16, 2020
Received
$17.17K
MGPI at $29.65/share
Mar 5, 2020
Received
$99.83K
MGPI at $27.73/share
Feb 28, 2020
Purchase
$20.47K
MGPI at $47.38/share
Jan 9, 2020
Received
$22.99K
MGPI at $45.52/share
Oct 11, 2019
Received
$85.43K
MGPI at $63.52/share
May 24, 2019
Received
Rivals
Compare David J. Colo with competitor CEOs and industry peers.