Food & Beverages
Data updated July 2026
23 companies · FY2025
Reading the Food & Beverages CEO Pay Landscape (SIC 20, FY2025)
The Food & Beverages industry, classified under 2-digit SIC code 20, had 23 SEC-reporting public companies disclose CEO pay ratio data in fiscal year 2025. Across that set of firms, the median CEO-to-worker pay ratio was 136:1 and the average was 258:1. Median CEO total compensation in the sector was $9.5M, with the sector-wide average at $11.5M. These figures are aggregated from DEF 14A proxy statements filed under Section 953(b) of the Dodd-Frank Act, which requires every U.S.-listed reporting company to compare its CEO's total compensation against a representative median employee.
Pay dispersion inside this industry is substantial. The 25th percentile CEO in Food & Beverages earned $5.3M, while the 75th percentile CEO earned $16.5M - a spread that shows how firm size, equity-heavy compensation packages, and performance-linked incentives can drive very different outcomes even among peers sharing the same SIC code. The gap between the 258:1 average and the 136:1 median is wide, which almost always signals that a small number of very-high-pay CEOs are pulling the mean upward; the median is the fairer yardstick for "a typical company in this sector."
Below you can scan each of the 80 Food & Beverages companies PlainCEOPay currently tracks in this SIC group, with reported CEO total compensation, median worker pay, and individual pay ratios. Company pages show how each available filing compares with this industry benchmark. The current dataset does not include a CEO name or an itemized compensation breakdown for each company. All displayed figures are drawn from SEC EDGAR filings; they are not estimated, imputed, or projected.
Companies in Food & Beverages (80)
| Company | CEO Pay | Median Worker | Pay Ratio | FY |
|---|---|---|---|---|
| Coca Cola CoSEC EDGAR DEF 14A, CIK 21344 | $24.7M | $14K | 1,799:1 | 2023 |
| Coca Cola CoSEC EDGAR DEF 14A, CIK 21344 | $31.2M | $18K | 1,739:1 | 2025 |
| Tyson Foods, Inc.SEC EDGAR DEF 14A, CIK 100493 | $34.5M | $43K | 798:1 | 2024 |
| Mondelez International, Inc.SEC EDGAR DEF 14A, CIK 1103982 | $24.5M | $38K | 645:1 | 2025 |
| Mondelez International, Inc.SEC EDGAR DEF 14A, CIK 1103982 | $21.0M | $33K | 635:1 | 2023 |
| Tyson Foods, Inc.SEC EDGAR DEF 14A, CIK 100493 | $22.8M | $43K | 525:1 | 2023 |
| Pilgrims Pride CorpSEC EDGAR DEF 14A, CIK 802481 | $16.4M | $35K | 468:1 | 2025 |
| Beyond Meat, Inc.SEC EDGAR DEF 14A, CIK 1655210 | - | - | 454:1 | 2025 |
| Constellation Brands, Inc.SEC EDGAR DEF 14A, CIK 16918 | $14.6M | $39K | 374:1 | 2023 |
| Ingredion IncSEC EDGAR DEF 14A, CIK 1046257 | $11.1M | $30K | 364:1 | 2023 |
| Hershey CoSEC EDGAR DEF 14A, CIK 47111 | $15.7M | $44K | 360:1 | 2023 |
| Conagra Brands Inc.SEC EDGAR DEF 14A, CIK 23217 | $24.0M | $67K | 359:1 | 2023 |
| Coca-Cola Consolidated, Inc.SEC EDGAR DEF 14A, CIK 317540 | $19.8M | $56K | 353:1 | 2023 |
| Smithfield Foods IncSEC EDGAR DEF 14A, CIK 91388 | $19.3M | $60K | 321:1 | 2025 |
| Archer-Daniels-Midland CoSEC EDGAR DEF 14A, CIK 7084 | $24.4M | $81K | 300:1 | 2023 |
| Constellation Brands, Inc.SEC EDGAR DEF 14A, CIK 16918 | $14.2M | $49K | 293:1 | 2025 |
| Coca-Cola Consolidated, Inc.SEC EDGAR DEF 14A, CIK 317540 | $16.7M | $58K | 288:1 | 2025 |
| Archer-Daniels-Midland CoSEC EDGAR DEF 14A, CIK 7084 | $23.9M | $85K | 280:1 | 2025 |
| Mccormick & Co IncSEC EDGAR DEF 14A, CIK 63754 | $11.0M | $40K | 275:1 | 2023 |
| Mccormick & Co IncSEC EDGAR DEF 14A, CIK 63754 | $10.8M | $41K | 261:1 | 2025 |
| Post Holdings, Inc.SEC EDGAR DEF 14A, CIK 1530950 | $22.0M | $90K | 244:1 | 2023 |
| General Mills IncSEC EDGAR DEF 14A, CIK 40704 | $16.1M | $70K | 228:1 | 2023 |
| Primo Brands CorpSEC EDGAR DEF 14A, CIK 2042694 | - | - | 207:1 | 2025 |
| General Mills IncSEC EDGAR DEF 14A, CIK 40704 | $12.5M | $61K | 206:1 | 2024 |
| Conagra Brands Inc.SEC EDGAR DEF 14A, CIK 23217 | $13.1M | $65K | 203:1 | 2024 |
| Post Holdings, Inc.SEC EDGAR DEF 14A, CIK 1530950 | $16.6M | $95K | 175:1 | 2024 |
| National Beverage CorpSEC EDGAR DEF 14A, CIK 69891 | $12.0M | $69K | 174:1 | 2024 |
| National Beverage CorpSEC EDGAR DEF 14A, CIK 69891 | $11.9M | $71K | 169:1 | 2023 |
| B&G Foods, Inc.SEC EDGAR DEF 14A, CIK 1278027 | $7.9M | $48K | 167:1 | 2023 |
| CAMPBELL'S CoSEC EDGAR DEF 14A, CIK 16732 | $9.7M | $58K | 167:1 | 2023 |
| Darling Ingredients Inc.SEC EDGAR DEF 14A, CIK 916540 | $9.3M | $56K | 167:1 | 2023 |
| TreeHouse Foods, Inc.SEC EDGAR DEF 14A, CIK 1320695 | $9.4M | $62K | 153:1 | 2023 |
| Molson Coors Beverage CoSEC EDGAR DEF 14A, CIK 24545 | $12.2M | $80K | 152:1 | 2023 |
| Kraft Heinz CoSEC EDGAR DEF 14A, CIK 1637459 | - | - | 151:1 | 2023 |
| Hormel Foods Corp /de/SEC EDGAR DEF 14A, CIK 48465 | $8.1M | $55K | 148:1 | 2023 |
| J M SMUCKER CoSEC EDGAR DEF 14A, CIK 91419 | $11.0M | $78K | 141:1 | 2025 |
| Hormel Foods Corp /de/SEC EDGAR DEF 14A, CIK 48465 | $8.1M | $58K | 141:1 | 2024 |
| Darling Ingredients Inc.SEC EDGAR DEF 14A, CIK 916540 | $9.4M | $69K | 136:1 | 2025 |
| J M SMUCKER CoSEC EDGAR DEF 14A, CIK 91419 | $10.4M | $78K | 133:1 | 2023 |
| Keurig Dr Pepper Inc.SEC EDGAR DEF 14A, CIK 1418135 | $7.6M | $60K | 128:1 | 2023 |
| CAMPBELL'S CoSEC EDGAR DEF 14A, CIK 16732 | $7.9M | $62K | 128:1 | 2024 |
| Keurig Dr Pepper Inc.SEC EDGAR DEF 14A, CIK 1418135 | $8.2M | $65K | 127:1 | 2025 |
| Marzetti CoSEC EDGAR DEF 14A, CIK 57515 | - | - | 123:1 | 2023 |
| TreeHouse Foods, Inc.SEC EDGAR DEF 14A, CIK 1320695 | $8.3M | $68K | 123:1 | 2024 |
| Lamb Weston Holdings, Inc.SEC EDGAR DEF 14A, CIK 1679273 | $7.0M | $60K | 118:1 | 2023 |
| Celsius Holdings, Inc.SEC EDGAR DEF 14A, CIK 1341766 | $9.6M | $82K | 117:1 | 2025 |
| Marzetti CoSEC EDGAR DEF 14A, CIK 57515 | - | - | 102:1 | 2024 |
| Tootsie Roll Industries IncSEC EDGAR DEF 14A, CIK 98677 | $7.3M | $74K | 98:1 | 2023 |
| Molson Coors Beverage CoSEC EDGAR DEF 14A, CIK 24545 | $9.4M | $97K | 97:1 | 2025 |
| Tootsie Roll Industries IncSEC EDGAR DEF 14A, CIK 98677 | $7.1M | $74K | 96:1 | 2025 |
| SunOpta Inc.SEC EDGAR DEF 14A, CIK 351834 | $6.1M | $65K | 94:1 | 2024 |
| Medifast IncSEC EDGAR DEF 14A, CIK 910329 | $7.0M | $77K | 92:1 | 2023 |
| Utz Brands, Inc.SEC EDGAR DEF 14A, CIK 1739566 | $4.1M | $48K | 85:1 | 2023 |
| Hain Celestial Group IncSEC EDGAR DEF 14A, CIK 910406 | $5.1M | $60K | 85:1 | 2023 |
| B&G Foods, Inc.SEC EDGAR DEF 14A, CIK 1278027 | $4.6M | $55K | 84:1 | 2025 |
| Beyond Meat, Inc.SEC EDGAR DEF 14A, CIK 1655210 | - | - | 83:1 | 2023 |
| Bellring Brands, Inc.SEC EDGAR DEF 14A, CIK 1772016 | $122K | $122K | 81:1 | 2023 |
| Pilgrims Pride CorpSEC EDGAR DEF 14A, CIK 802481 | $2.5M | $33K | 77:1 | 2023 |
| Sanfilippo John B & Son IncSEC EDGAR DEF 14A, CIK 880117 | $5.3M | $74K | 72:1 | 2023 |
| WK Kellogg CoSEC EDGAR DEF 14A, CIK 1959348 | - | - | 68:1 | 2024 |
| Mama's Creations, Inc.SEC EDGAR DEF 14A, CIK 1520358 | $2.3M | $39K | 60:1 | 2025 |
| SunOpta Inc.SEC EDGAR DEF 14A, CIK 351834 | $3.9M | $68K | 57:1 | 2023 |
| Medifast IncSEC EDGAR DEF 14A, CIK 910329 | $5.6M | $97K | 57:1 | 2025 |
| Lamb Weston Holdings, Inc.SEC EDGAR DEF 14A, CIK 1679273 | $2.8M | $58K | 49:1 | 2024 |
| Sanfilippo John B & Son IncSEC EDGAR DEF 14A, CIK 880117 | $3.9M | $80K | 48:1 | 2024 |
| Bellring Brands, Inc.SEC EDGAR DEF 14A, CIK 1772016 | $138K | $138K | 48:1 | 2024 |
| Duckhorn Portfolio, Inc.SEC EDGAR DEF 14A, CIK 1835256 | $4.8M | $104K | 46:1 | 2022 |
| Vital Farms, Inc.SEC EDGAR DEF 14A, CIK 1579733 | $3.6M | $81K | 44:1 | 2025 |
| Primo Water Corp /CN/SEC EDGAR DEF 14A, CIK 884713 | $2.4M | $59K | 41:1 | 2023 |
| Celsius Holdings, Inc.SEC EDGAR DEF 14A, CIK 1341766 | $3.3M | $81K | 40:1 | 2023 |
| Simply Good Foods CoSEC EDGAR DEF 14A, CIK 1702744 | - | - | 30:1 | 2024 |
| Simply Good Foods CoSEC EDGAR DEF 14A, CIK 1702744 | - | - | 28:1 | 2023 |
| Hain Celestial Group IncSEC EDGAR DEF 14A, CIK 910406 | - | - | 28:1 | 2024 |
| Seneca Foods CorpSEC EDGAR DEF 14A, CIK 88948 | $1.2M | $82K | 15:1 | 2023 |
| Seneca Foods CorpSEC EDGAR DEF 14A, CIK 88948 | $1.0M | $73K | 14:1 | 2024 |
| South Dakota Soybean Processors LLCSEC EDGAR DEF 14A, CIK 1163609 | $1.1M | $82K | 9:1 | 2023 |
| South Dakota Soybean Processors LLCSEC EDGAR DEF 14A, CIK 1163609 | $600K | $61K | 8:1 | 2025 |
| Vita Coco Company, Inc.SEC EDGAR DEF 14A, CIK 1482981 | $656K | $109K | 6:1 | 2025 |
| Farmer Brothers CoSEC EDGAR DEF 14A, CIK 34563 | $1.9M | $66K | 5:1 | 2023 |
| Flowers Foods IncSEC EDGAR DEF 14A, CIK 1128928 | - | - | 1:1 | 2025 |
Frequently Asked Questions
What's the typical pay ratio in Food & Beverages? ▼
How much do Food & Beverages CEOs earn? ▼
How many companies report CEO pay in Food & Beverages? ▼
Where does this Food & Beverages pay data come from? ▼
Why is the average pay ratio much higher than the median in Food & Beverages? ▼
Read our methodology - how this data is sourced, computed, and verified.
Related
Every figure on PlainCEOPay is rendered directly from SEC EDGAR executive compensation filings, no number is typed in by an editor. Industry benchmarks are computed directly from SEC EDGAR filings, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.