In 2022, Richard K. Smucker earned $15.16M in total compensation at The J.M. Smucker Company, including $1.14M salary, $23.00K bonus and $13.79M in stock. Most recently acquired 4,958 shares in Jun 2024. Currently holds stock worth $61.78M. Has donated $17.05M in stock to charitable causes. Led The J.M. Smucker Company as CEO for 11 years.
Compensation History
Annual executive compensation data for Richard K. Smucker, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$15.16M
Salary
$1.14M
Bonus
$23.00K
Other
$199.57K
Salary
$1.14MBoard Justification
The compensation philosophy is to provide competitive, fair, and equitable compensation that is predominantly performance-based, aligning the interests of executive officers with those of shareholders.
Bonus
$23.00KBoard Justification
Annual holiday bonus equal to 2% of annual base salary, provided to all salaried and hourly non-represented employees.
Other Compensation
$199.57KBoard Justification
Includes various perquisites such as personal use of aircraft, financial and tax planning assistance, and employer matching funds under the 401(k) plan.
Restricted Stock
Board Justification
Restricted stock awards granted on June 15, 2022, which generally ratably vest in equal tranches over a three-year period.
Performance Metrics
Performance metrics include adjusted operating income, net sales, and ESG objectives.
Richard K. Smucker
Ex-CEO of The J.M. Smucker Company
Education
Bachelor's degree from the University of Akron
Field of Expertise
Business & Management
Sector of Economy
Consumer Defensive
Born
October 5, 1950 - 75 years ago
CEO of The J.M. Smucker Company for
11 years 0 months (Aug 2011 - Aug 2022)
Previous Experience
Co-Chief Executive Officer and Executive Chairman
Other The J.M. Smucker Company CEOs
Holdings
Track Richard K. Smucker's stock holdings and portfolio value over time.
Total Stock Sold
$18.12M
$17.70M
117,243 SJM shares
$420.98K
10,500 SHW shares
What if they kept their stock?
If Richard K. Smucker didn't sell their stock, today they would have:
Extra SJM117,243 shares worth $11.74M and SHW10,500 shares worth $3.50M.
This is -15.91% and $2.88M less than what they got when they sold the stock.
Charitable Transactions
170,314 shares
SJM
Recent Charitable Transactions
300 shares
SJM
Dec 21, 2023
Charity
1,400 shares
SJM
Dec 17, 2021
Charity
1,200 shares
SJM
Dec 17, 2019
Charity
1,200 shares
SJM
Dec 17, 2018
Charity
25,630 shares
SJM
Apr 30, 2017
Charity
3,045 shares
SJM
Jun 8, 2016
Charity
Insider Trading
Richard K. Smucker's recent stock transactions, purchases, and sales filed with the SEC.
4,958 shares
SJM
Jun 13, 2024
Received
300 shares
SJM
Dec 21, 2023
Charity
300 shares
SJM
Dec 21, 2023
Charity
$2.97M
SJM at $151.95/share
Jun 22, 2023
Sale
4,726 shares
SJM
Jun 16, 2023
Received
$7.93M
SJM at $154.27/share
Mar 24, 2023
Sale
$3.95M
SJM at $150.04/share
Mar 7, 2023
Sale
$2.85M
SJM at $142.28/share
Aug 26, 2022
Sale
6,703 shares
SJM
Jun 15, 2022
Received
700 shares
SJM
Dec 17, 2021
Charity
Rivals
Compare Richard K. Smucker with competitor CEOs and industry peers.
A. Ryals McMullian
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2023 Compensation
Stock
$0.00
Salary
$955.00K
Bonus
$0.00
Other
$258.94K
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$29.02M
Robert V. Vitale
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2023 Compensation
Stock
$0.00
Salary
$1.25M
Bonus
$1.95M
Other
$105.89K
Total Holdings
$264.19M
Howard A. Friedman
CEO of Utz Brands
2023 Compensation
Stock
$0.00
Salary
$691.67K
Bonus
$1.05M
Other
$0.00
Total Holdings
$7.41M
Sean Connolly
CEO of Conagra Brands
2023 Compensation
Stock
$0.00
Salary
$1.38M
Bonus
$0.00
Other
$563.38K
Total Holdings
$3.85M
Jeffrey L. Harmening
CEO of General Mills
2023 Compensation
Stock
$8.90M
Salary
$1.33M
Bonus
$0.00
Other
$164.16K
Total Holdings
$477.61K