Companies Tootsie Roll Industries Inc
Tootsie Roll Industries (TR): executive pay, fiscal 2025
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CEO vs. named peers47th pct.Of 18 peer CEOs
CEO pay, last three years
- $7,289,683FY2023
- $7,204,551FY2024
- $7,150,512FY2025
CEO total pay was $7,150,512 in fiscal 2025, down from $7,204,551 in fiscal 2024.
FY2025: salary $999,000 · bonus $4,245,000
Executives and directors
Ellen Gordon · CEOG. Howard Ember Jr. · Vice President/FinanceBarry Bowen · TreasurerStephen Green · Vice President/ManufacturingHenry Mills · COOBarre A. Seibert · DirectorKaren G. Mills · DirectorLana Jane Lewis-Brent · Independent DirectorMichael A. Chodos · DirectorPaula M. Wardynski · Independent DirectorVirginia L. Gordon · Director
Frequently asked questions
Who was the highest-paid executive at Tootsie Roll Industries Inc in fiscal 2025?
As disclosed, Ellen Gordon (Chairman and Chief Executive Officer) was the highest-paid executive at Tootsie Roll Industries Inc in fiscal 2025, with total compensation of $7,150,512.
How does Tootsie Roll Industries Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Ellen Gordon's total compensation ranked at the 47th percentile of Tootsie Roll Industries Inc's disclosed peer group.
What is Tootsie Roll Industries Inc's CEO-to-median employee pay ratio?
As disclosed, Tootsie Roll Industries Inc's CEO-to-median employee pay ratio was 96:1.
How did shareholders vote on Tootsie Roll Industries Inc's executive compensation?
As disclosed, 96.84% of shareholders supported Tootsie Roll Industries Inc's executive compensation in the latest say-on-pay vote.
How much does Tootsie Roll Industries Inc spend in total on board compensation for fiscal 2025?
As disclosed, Tootsie Roll Industries Inc reported total board compensation of $1,610,443 for fiscal 2025.
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 officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Ellen Gordon | $999,000 | $4,245,000 | — | — | — | — | $1,906,512 | $7,150,512 |
| Chairman and Chief Executive Officer | ||||||||
| G. Howard Ember Jr. | 999,000 | 590,000 | — | — | — | — | 836,795 | 2,425,795 |
| Vice President/Finance | ||||||||
| Barry Bowen | 787,500 | 307,900 | — | — | — | — | 374,323 | 1,469,723 |
| Treasurer | ||||||||
| Stephen Green | 728,500 | 282,000 | — | — | — | — | 335,077 | 1,345,577 |
| Vice President/Manufacturing | ||||||||
| Henry Mills | 603,000 | 259,700 | — | — | — | — | 293,592 | 1,156,292 |
| Vice President/Chief Operating 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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Ellen Gordon | $7,150,512 | $7,204,551 | $7,289,683 | ↓ −54,039 |
| G. Howard Ember Jr. | 2,425,795 | 2,319,776 | 2,208,154 | ↑ +106,019 |
| Barry Bowen | 1,469,723 | 1,403,453 | 1,333,932 | ↑ +66,270 |
| Stephen Green | 1,345,577 | 1,285,399 | 1,221,811 | ↑ +60,178 |
| Henry Mills | 1,156,292 | 1,008,221 | 831,013 | ↑ +148,071 |
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 Company's compensation program is balanced between short-term and long-term incentives, with a heavier weighting on base salary than typical to mitigate excessive risk-taking. The primary focus is providing total compensation competitive with direct competitors, while considering individual and Company performance to determine appropriate levels.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensation Strategies, Inc. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
No outstanding equity awards are on file for this fiscal year.
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Karen G. MillsEmployee director · Newly elected | $0 | $0 | — | — | $1,010,443 | $1,010,443 |
| Paula M. WardynskiIndependent | 160,000 | — | — | — | 2,000 | 162,000 |
| Lana Jane Lewis-BrentIndependent | 150,000 | — | — | — | 0 | 150,000 |
| Michael A. ChodosNewly elected | 140,740 | — | — | — | 0 | 140,740 |
| Virginia L. GordonNot independent | 138,000 | — | — | — | 0 | 138,000 |
| Barre A. Seibert | 9,260 | — | — | — | 0 | 9,260 |
| Ellen R. GordonEmployee director · Board Chair | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $130,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $2,000 |
| Committee chair fees (audit / comp / nom-gov) | 20,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $598,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $1,012,443 |
| Total cost of the board | $1,610,443 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Tootsie Roll Industries as a peer
Companies that benchmark against TR
8 companies name TR as a compensation peer
The list of companies that name TR as a peer is temporarily unavailable — recheck shortly.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
MKC McCormick & Co., Inc.K KellanovaPOST Post Holdings, Inc.JJSF J & J Snack Foods Corp.MZTI Marzetti CompanyFLO Flowers Foods, Inc.FARM Farmer Brothers Co.THS TreeHouse Foods, Inc.NATR Nature's Sunshine Products, Inc.CPB Campbell Soup CompanyGIS General Mills, Inc.HAIN Hain Celestial Group, Inc.BGS B&G Foods, Inc. Seneca Foods CorporationHSY The Hershey CompanySMPL The Simply Good Foods CompanyJBSS John B. Sanfilippo & Son, Inc.SJM The J.M. Smucker Company
Peer reciprocity
The companies Tootsie Roll Industries Inc names as compensation peers that name it back in their own disclosed peer groups.
Marzetti Company (MZTI)37The Simply Good Foods Company (SMPL)38John B. Sanfilippo & Son, Inc. (JBSS)39
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Kellanova | 2023 | Steve Cahillane | $1,338,462 | $10,995,985 | $1,524,318 | $2,829,600 | $17,038,641 |
| 2 | The Hershey Company | 2025 | Kirk Tanner | 456,731 | 14,674,113 | 0 | 1,358,052 | 16,806,399 |
| 3 | Post Holdings, Inc. | 2025 | Robert Vitale | 1,281,250 | 14,811,295 | 0 | 0 | 16,621,445 |
| 4 | General Mills, Inc. | 2026 | Jeffrey Harmening | 1,350,000 | 7,326,405 | 2,279,973 | 1,404,540 | 14,018,052 |
| 5 | Campbell Soup Company | 2026 | Mick Beekhuizen | 1,233,000 | 8,043,563 | 0 | 1,226,610 | 10,965,019 |
| 6 | The J.M. Smucker Company | 2026 | Mark Smucker | 1,221,154 | 6,274,438 | 0 | 2,143,126 | 10,935,216 |
| 7 | McCormick & Co., Inc. | 2025 | Brendan Foley | 1,139,084 | 8,600,105 | 0 | 720,130 | 10,831,581 |
| 8 | TreeHouse Foods, Inc. | 2024 | Steven Oakland | 1,102,000 | 7,069,378 | 0 | 0 | 8,305,103 |
| 9 | Flowers Foods, Inc. | 2025 | A. Ryals McMullian | 1,041,730 | 5,735,842 | 0 | 733,524 | 7,776,698 |
| 10 | Tootsie Roll Industries Inc | 2025 | Ellen Gordon | 999,000 | — | — | — | 7,150,512 |
| 11 | Marzetti Company | 2026 | David Ciesinski | 1,000,000 | 3,500,074 | 0 | 1,146,750 | 5,743,331 |
| 12 | John B. Sanfilippo & Son, Inc. | 2026 | Jeffrey Sanfilippo | 985,470 | 1,687,431 | 0 | 1,841,863 | 5,326,942 |
| 13 | B&G Foods, Inc. | 2025 | Kenneth Keller | 1,224,258 | 2,625,864 | 0 | 710,437 | 4,589,619 |
| 14 | Hain Celestial Group, Inc. | 2025 | Wendy Davidson | 789,808 | 3,530,682 | 0 | 0 | 4,546,417 |
| 15 | The Simply Good Foods Company | 2025 | Geoff Tanner | 816,667 | 2,747,758 | — | 748,000 | 4,330,633 |
| 16 | J & J Snack Foods Corp. | 2025 | Daniel Fachner | 1,021,923 | 2,059,974 | 0 | 834,300 | 3,978,648 |
| 17 | Nature's Sunshine Products, Inc. | 2025 | Ken Romanzi | 107,885 | 3,600,562 | 0 | 147,836 | 3,863,880 |
| 18 | Farmer Brothers Co. | 2024 | John Moore III | 346,538 | 1,499,296 | 0 | 0 | 1,945,920 |
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.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Tootsie Roll Industries Inc | not disclosed | not disclosed | not disclosed | Compensation Strategies, Inc. |
| B&G Foods, Inc. | not disclosed | not disclosed | not disclosed | Meridian Compensation Partners |
| Campbell Soup Company | not disclosed | PSU 60 · RSU 40 | Yes — Relative TSR | FW Cook |
| Farmer Brothers Co. | not disclosed | RSU 50 · PBRSU 50 | not disclosed | Meridian Compensation Partners, LLC |
| Flowers Foods, Inc. | 56.3% | PSU 70 · RSU 30 | Yes — TSR vs. Peer Group | Meridian Compensation Partners, LLC |
| General Mills, Inc. | 58% | PSU 50 · RSU 25 · Option 25 | Yes — Relative TSR Modifier | FW Cook |
| Hain Celestial Group, Inc. | not disclosed | RSU 50 · PSU 50 | Yes — Relative TSR versus the S&P Food & Beverage Select Industry Index | ClearBridge Compensation Group, LLC |
| J & J Snack Foods Corp. | not disclosed | not disclosed | not disclosed | not disclosed |
| John B. Sanfilippo & Son, Inc. | 158.1% | RSU 80 · PSU 20 | No | Pearl Meyer & Partners, LLC |
| Kellanova | not disclosed | PSU 75 · RSU 25 | No | Semler Brossy Consulting Group |
| Marzetti Company | 91.7% | PSU 55 · RSU 45 | Yes — Relative total shareholder return (“rTSR”) versus the S&P 1500 Packaged Foods & Meats Index | Pay Governance LLC |
| McCormick & Co., Inc. | 40.4% | PSU 50 · RSU 50 | Yes — McCormick's TSR relative to the TSR generated by our Peer Group companies | WTW (Willis Towers Watson) |
| Nature's Sunshine Products, Inc. | not disclosed | not disclosed | not disclosed | Fredric W. Cook & Co., Inc. (F.W. Cook) |
| Post Holdings, Inc. | 124.4% | PSU 50 · RSU 50 | Yes — Negative three-year TSR | Aon |
| The Hershey Company | not disclosed | PSU 65 · RSU 35 | No | F.W. Cook |
| The J.M. Smucker Company | 117% | PSU 60 · RSU 40 | No | Semler Brossy |
| The Simply Good Foods Company | not disclosed | not disclosed | not disclosed | Mercer |
| TreeHouse Foods, Inc. | not disclosed | RSU 50 · PSU 50 | not disclosed | Pay Governance LLC |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-06 | 334,324,217 | 10,913,870 | 154,307 | 96.84% | Passed |
| 2023 | 2023-05-01 | 305,626,468 | 11,309,543 | 81,702 | 96.43% | Passed |
| 2020 | 2020-08-31 | 281,138,040 | 9,164,031 | 104,472 | 96.84% | Passed |
| 2017 | 2017-05-01 | 259,766,582 | 7,428,480 | — | 97.22% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-06 | 96.84%a |
| 2023 | 2023-05-01 | 96.43%b |
| 2020 | 2020-08-31 | 96.84%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 96 : 1 |
|---|---|
| CEO total compensation | $7,158,238 |
| Median employee compensation | $74,309 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (39 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, Ellen Gordon. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 7,150,512. View filing ↗
- Section 01, G. Howard Ember Jr.. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 2,425,795. View filing ↗
- Section 01, Barry Bowen. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 1,469,723. View filing ↗
- Section 01, Stephen Green. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 1,345,577. View filing ↗
- Section 01, Henry Mills. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 1,156,292. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-27. Section “CEO Pay Ratio”. As printed: 96 : 1. View filing ↗
- Section 08, Karen G. Mills. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 1,010,443. View filing ↗
- Section 08, Paula M. Wardynski. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 162,000. View filing ↗
- Section 08, Lana Jane Lewis-Brent. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 150,000. View filing ↗
- Section 08, Michael A. Chodos. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 140,740. View filing ↗
- Section 08, Virginia L. Gordon. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 138,000. View filing ↗
- Section 08, Barre A. Seibert. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 9,260. View filing ↗
- Section 08, Ellen R. Gordon. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-11. Item 5.07 · say-on-pay result. As reported: 96.84% (votes for as printed: 334,324,217). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-05-04. Item 5.07 · say-on-pay result. As reported: 96.43% (votes for as printed: 305,626,468). View filing ↗
- Section 06, 2020 vote. Form 8-K, filed 2020-09-08. Item 5.07 · say-on-pay result. As reported: 96.84% (votes for as printed: 281,138,040). 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 598,000 + equity 0 + all other 1,012,443 = 1,610,443, summed across the director compensation table rows.
- Kellanova, Section 10b CEO total. DEF 14A, filed 2024-03-04. CEO total compensation as printed in Kellanova's own proxy. As printed: 17,038,641. View filing ↗
- The Hershey Company, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in The Hershey Company's own proxy. As printed: 16,806,399. View filing ↗
- Post Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-15. CEO total compensation as printed in Post Holdings, Inc.'s own proxy. As printed: 16,621,445. View filing ↗
- General Mills, Inc., Section 10b CEO total. DEF 14A, filed 2026-08-13. CEO total compensation as printed in General Mills, Inc.'s own proxy. As printed: 14,018,052. View filing ↗
- Campbell Soup Company, Section 10b CEO total. DEF 14A, filed 2026-10-07. CEO total compensation as printed in Campbell Soup Company's own proxy. As printed: 10,965,019. View filing ↗
- The J.M. Smucker Company, Section 10b CEO total. DEF 14A, filed 2026-06-26. CEO total compensation as printed in The J.M. Smucker Company's own proxy. As printed: 10,935,216. View filing ↗
- McCormick & Co., Inc., Section 10b CEO total. DEF 14A, filed 2026-02-18. CEO total compensation as printed in McCormick & Co., Inc.'s own proxy. As printed: 10,831,581. View filing ↗
- TreeHouse Foods, Inc., Section 10b CEO total. DEF 14A, filed 2025-03-13. CEO total compensation as printed in TreeHouse Foods, Inc.'s own proxy. As printed: 8,305,103. View filing ↗
- Flowers Foods, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-14. CEO total compensation as printed in Flowers Foods, Inc.'s own proxy. As printed: 7,776,698. View filing ↗
- Tootsie Roll Industries Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Tootsie Roll Industries Inc's own proxy. As printed: 7,150,512. View filing ↗
- Marzetti Company, Section 10b CEO total. DEF 14A, filed 2026-10-13. CEO total compensation as printed in Marzetti Company's own proxy. As printed: 5,743,331. View filing ↗
- John B. Sanfilippo & Son, Inc., Section 10b CEO total. DEF 14A, filed 2026-09-14. CEO total compensation as printed in John B. Sanfilippo & Son, Inc.'s own proxy. As printed: 5,326,942. View filing ↗
- B&G Foods, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in B&G Foods, Inc.'s own proxy. As printed: 4,589,619. View filing ↗
- Hain Celestial Group, Inc., Section 10b CEO total. DEF 14A, filed 2025-09-18. CEO total compensation as printed in Hain Celestial Group, Inc.'s own proxy. As printed: 4,546,417. View filing ↗
- The Simply Good Foods Company, Section 10b CEO total. DEF 14A, filed 2025-12-17. CEO total compensation as printed in The Simply Good Foods Company's own proxy. As printed: 4,330,633. View filing ↗
- J & J Snack Foods Corp., Section 10b CEO total. DEF 14A, filed 2026-01-02. CEO total compensation as printed in J & J Snack Foods Corp.'s own proxy. As printed: 3,978,648. View filing ↗
- Nature's Sunshine Products, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Nature's Sunshine Products, Inc.'s own proxy. As printed: 3,863,880. View filing ↗
- Farmer Brothers Co., Section 10b CEO total. DEF 14A, filed 2024-12-23. CEO total compensation as printed in Farmer Brothers Co.'s own proxy. As printed: 1,945,920. View filing ↗
- Section 10a, Marzetti Company reciprocity. DEF 14A. Marzetti Company names Tootsie Roll Industries Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, The Simply Good Foods Company reciprocity. DEF 14A. The Simply Good Foods Company names Tootsie Roll Industries Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, John B. Sanfilippo & Son, Inc. reciprocity. DEF 14A. John B. Sanfilippo & Son, Inc. names Tootsie Roll Industries Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗