Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Fabio Sandri earned $1.96M in total compensation at Pilgrim's Pride Corporation, including $942.31K salary and $1.00M bonus. Most recently acquired 54,924 shares in Mar 2025. Currently holds stock worth $16.48M. 5+ years at the helm of Pilgrim's Pride Corporation.

Compensation History

Annual executive compensation data for Fabio Sandri, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.96M

Salary

$942.31K

Bonus

$1.00M

Other

$22.10K

Salary

$942.31K

Board Justification

The compensation philosophy is designed to align executive pay with performance, with a significant portion of total compensation being performance-based and tied to the company's financial objectives.

Bonus

$1.00M

Board Justification

Annual cash bonus pursuant to the Short-Term Management Incentive Plan (STIP) based on performance metrics for fiscal year 2023.

Other Compensation

$22.10K

Board Justification

Includes group-term life insurance, long-term disability premium, company 401(k) match, and deferred compensation plan contributions.

Restricted Stock

$0.000 RSU

Board Justification

No stock grants were vested in 2023 as the stock awards are performance-based and will vest ratably over a three-year service period starting in 2024.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 were based on income before taxes as a percentage of net revenues (PBT Margin).

P

Fabio Sandri

CEO of Pilgrim's Pride Corporation

Education

Masters in Business Administration from Wharton School, University of Pennsylvania; degree in electrical engineering from Escola Politécnica da Universidade de São Paulo.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Defensive

CEO of Pilgrim's Pride Corporation for

5 years 2 months (Sep 2020 - Present)

Previous Experience

Chief Financial Officer since June 2011; Interim President and Chief Executive Officer since June 2020; previous roles in financial leadership at Estacio Participações, Imbra SA, and Braskem S.A.

Holdings

Track Fabio Sandri's stock holdings and portfolio value over time.

Total Stock Sold

$18.04M

PPC

$18.04M

592,613 PPC shares

What if they kept their stock?

If Fabio Sandri didn't sell their stock, today they would have:
Extra PPC592,613 shares worth $23.50M.
This is 30.28% and $5.46M more than what they got when they sold the stock.

Insider Trading

Fabio Sandri's recent stock transactions, purchases, and sales filed with the SEC.

PPC

$3.00M

PPC at $54.62/share

Mar 7, 2025

Received

PPC

126,114 shares

PPC

Feb 12, 2025

Received

PPC

$2.89M

PPC at $44.50/share

Aug 6, 2024

Sale

PPC

187,500 shares

PPC

Jul 1, 2024

Received

PPC

$1.33M

PPC at $33.32/share

Mar 14, 2024

Sale

PPC

48,954 shares

PPC

Feb 20, 2024

Received

PPC

$298.02K

PPC at $24.36/share

Feb 16, 2023

Sale

PPC

$1.01M

PPC at $30.06/share

Aug 22, 2022

Sale

PPC

$2.68M

PPC at $34.42/share

Jun 6, 2022

Sale

PPC

$4.85M

PPC at $28.39/share

May 5, 2022

Sale

Rivals

Compare Fabio Sandri with competitor CEOs and industry peers.