Tyson CEO Donnie Smith's 2012 Salary at $7.8 Million

by Lance Turner  on Friday, Dec. 21, 2012 1:50 pm  

Tyson Foods President and CEO Donnie Smith received total compensation of $7.8 million, up slightly from $7.7 million in 2011.

The salaries of executive of Tyson Foods Inc. of Springdale remained largely unchanged in 2012, according to the meat processor's annual proxy statement, released Friday.

The company (NYSE: TSN), which logged a record $33 billion in annual sales this year, reported President and CEO Donnie Smith with total compensation of $7.8 million, up slightly from $7.7 million in 2011. Smith's base salary remained unchanged at $900,000.

Other executives and their compensation:

John Tyson, chairman of the board, received total compensation of $4.2 million, up from $3.3 million in 2011. Tyson's base salary remained unchanged at $500,000.

Dennis Leatherby, executive vice president and chief financial officer, received total compensation of $2.6 million, up slightly from 2011. His base salary was $554,442, up from $550,000 in 2011.

Donnie King, senior group vice president of poultry and prepared foods, received total compensation of $3 million, up slightly from 2011. His base salary was $534,846, up from $530,000 in 2011.

James V. Lochner, chief operating officer, received total compensation of $7.8 million, up from $7.7 million in 2011. His base salary was $907,269, up from $900,000 in 2011.

Noel White, senior group vice president of fresh meats, received total compensation of $3.2 million, down from $3.8 million in 2011. His base salary was $534,846, up from $530,000 in 2011.

Tyson Foods has scheduled its annual shareholders meeting for 10 a.m., Feb. 1, at the Holiday Inn Northwest Arkansas Convention Center in Springdale.

 

 

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