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Companies Benson Hill

Benson Hill (BHIL): executive pay, fiscal 2023

Free brief. Every figure links to the company’s own filing.

Benson Hill no longer files a proxy statement; its last pay data is FY2023.

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CEO total pay$1,733,346CEO Adrienne Elsner · source

CEO pay, last three years

  • $1,733,346FY2023

CEO total pay was $1,733,346 in fiscal 2023; the brief holds no earlier figure for this CEO.

FY2023: salary $277,115 · bonus $0 · stock awards $1,034,940 · option awards $0

Frequently asked questions

Who was the highest-paid executive at Benson Hill in fiscal 2023?
As disclosed, Matthew Crisp (Former Chief Executive Officer) was the highest-paid executive at Benson Hill in fiscal 2023, with total compensation of $3,329,054.
How much does Benson Hill spend in total on board compensation for fiscal 2023?
As disclosed, Benson Hill reported total board compensation of $2,519,833 for fiscal 2023.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Matthew Crisp$312,500$0$1,013,336$0$0$0$2,003,218$3,329,054
Former Chief Executive Officer
Adrienne Elsner277,11501,034,9400335,651085,6391,733,346
Chief Executive Officer
Jason Bull447,7200339,2510190,72901,290978,990
Chief Technology Officer
Dean Freeman459,4460328,321069,342031,980889,089
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY2022→2023
Matthew Crisp$3,329,054$17,103,661—↓ −13,774,607
Adrienne Elsner1,733,346———
Jason Bull978,9901,980,851—↓ −1,001,861
Dean Freeman889,0892,940,038—↓ −2,050,949

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The provided text does not contain the Compensation Discussion & Analysis (CD&A) section where the pay philosophy is typically disclosed. It only contains the Corporate Governance and Board of Directors sections.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantAon Consulting Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jason BullOption26,8851.99—
Jason BullOption53,7701.35—
Matthew CrispOption67,2131.35—
Matthew CrispOption67,2131.99—
Jason BullOption80,6551.99—
Jason BullPSU81,528—618,798
Dean FreemanPSU82,748—14,398
Jason BullPSU90,471—15,742
Jason BullPSU91,907—372,223
Matthew CrispOption134,4251.99—
Jason BullPSU167,259—29,103
Adrienne ElsnerPSU172,064—176,984
Matthew CrispPSU189,030—3,024
Matthew CrispPSU193,107—3,669
Dean FreemanPSU211,820—36,857
Dean FreemanPSU225,000—39,150
Matthew CrispPSU281,955—49,060
Jason BullPSU500,000—79,950
Matthew CrispPSU653,765—113,755
Adrienne ElsnerPSU735,244—127,932
Matthew CrispPSU2,000,000—5,516
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Richard MackIndependent · Audit and Risk · Compensation$32,333$530,000$0——$562,333
Daniel JacobiIndependent · Board Chair · Sustainability and Governance135,000200,0000——335,000
DeAnn BruntsNot independent100,000200,0000——300,000
David J. LeeIndependent · Audit and Risk (Chair) · Not standing for re-election60,000200,0000——260,000
J. Stephan DolezalekIndependent · Compensation · Sustainability and Governance60,000200,0000——260,000
Molly MontgomeryIndependent · Sustainability and Governance (Chair)60,000200,0000——260,000
Linda Whitley-TaylorIndependent · Compensation (Chair)60,000200,0000——260,000
Craig RohrIndependent · Audit and Risk55,000200,0000——255,000
Adrienne ElsnerEmployee director27,50000——27,500
Matthew B. CrispEmployee director · Departed during FY—————0

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$200,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)10,000 / 10,000 / 10,000
Stock ownership guideline—

Total cost of the board

ComponentFY2023
Cash retainers and fees$589,833
Equity awards (grant-date value)$1,930,000
All other compensation$0
Total cost of the board$2,519,833

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Benson Hill as a peer

Companies that benchmark against BHIL

1 company names BHIL as a compensation peer

Each company listed discloses BHIL in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BHIL in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Benson Hill2023Adrienne Elsner$277,115$1,034,940$0$335,651$1,733,346

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Say-on-pay history and pay ratio

No say-on-pay vote is on file for this company.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (17 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Matthew Crisp. DEF 14A, filed 2024-06-14. Section “Executive Compensation”. As printed: 3,329,054. View filing ↗
  • Section 01, Adrienne Elsner. DEF 14A, filed 2024-06-14. Section “Executive Compensation”. As printed: 1,733,346. View filing ↗
  • Section 01, Jason Bull. DEF 14A, filed 2024-06-14. Section “Executive Compensation”. As printed: 978,990. View filing ↗
  • Section 01, Dean Freeman. DEF 14A, filed 2024-06-14. Section “Executive Compensation”. As printed: 889,089. View filing ↗
  • Section 08, Richard Mack. DEF 14A. Section “Director Compensation”. As printed: 562,333.
  • Section 08, Daniel Jacobi. DEF 14A. Section “Director Compensation”. As printed: 335,000.
  • Section 08, DeAnn Brunts. DEF 14A, filed 2024-06-14. Section “Director Compensation”. As printed: 300,000. View filing ↗
  • Section 08, David J. Lee. DEF 14A. Section “Director Compensation”. As printed: 260,000.
  • Section 08, J. Stephan Dolezalek. DEF 14A, filed 2024-06-14. Section “Director Compensation”. As printed: 260,000. View filing ↗
  • Section 08, Molly Montgomery. DEF 14A. Section “Director Compensation”. As printed: 260,000.
  • Section 08, Linda Whitley-Taylor. DEF 14A. Section “Director Compensation”. As printed: 260,000.
  • Section 08, Craig Rohr. DEF 14A. Section “Director Compensation”. As printed: 255,000.
  • Section 08, Adrienne Elsner. DEF 14A, filed 2024-06-14. Section “Director Compensation”. As printed: 27,500. View filing ↗
  • Section 08, Matthew B. Crisp. DEF 14A, filed 2024-06-14. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 589,833 + equity 1,930,000 + all other 0 = 2,519,833, summed across the director compensation table rows.
  • Benson Hill (subject), Section 10b CEO total. DEF 14A, filed 2024-06-14. CEO total compensation as printed in Benson Hill's own proxy. As printed: 1,733,346. View filing ↗