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Companies DEL Monte Corp

DEL Monte (DMC): executive pay, fiscal 2025

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CEO total pay$10,144,565CEO Mohammad Abu-Ghazaleh · source
Say-on-pay support96.34%Latest vote · source
CEO vs. named peers50th pct.Of 16 peer CEOs
CEO pay ratio690:1To the median employee · source

CEO pay, last three years

  • $4,449,489FY2023
  • $8,857,945FY2024
  • $10,144,565FY2025

CEO total pay was $10,144,565 in fiscal 2025, up from $8,857,945 in fiscal 2024.

FY2025: salary $1,200,068 · bonus $0 · stock awards $4,295,978 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at DEL Monte Corp in fiscal 2025?
As disclosed, Mohammad Abu-Ghazaleh (Chairman and CEO) was the highest-paid executive at DEL Monte Corp in fiscal 2025, with total compensation of $10,144,565.
How does DEL Monte Corp's chief executive pay compare to its disclosed peer group?
As disclosed, Mohammad Abu-Ghazaleh's total compensation ranked at the 50th percentile of DEL Monte Corp's disclosed peer group.
What is DEL Monte Corp's CEO-to-median employee pay ratio?
As disclosed, DEL Monte Corp's CEO-to-median employee pay ratio was 690:1.
How did shareholders vote on DEL Monte Corp's executive compensation?
As disclosed, 96.34% of shareholders supported DEL Monte Corp's executive compensation in the latest say-on-pay vote.
How much does DEL Monte Corp spend in total on board compensation for fiscal 2025?
As disclosed, DEL Monte Corp reported total board compensation of $1,844,839 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 officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Mohammad Abu-Ghazaleh$1,200,068$0$4,295,978$0$4,601,700$0$46,818$10,144,565
Chairman and CEO
Mohammed Abbas850,0000764,9840732,857017,9032,365,745
EVP and COO
Monica Vicente521,4590450,6000438,26303,9981,414,321
SVP and CFO
Marissa Tenazas486,6150414,9420354,42607,9121,263,895
SVP and Chief Human Resources Officer
Danny Dumas480,0000239,9800315,000011,7001,046,680
SVP Sales, Marketing & Product Management

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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Mohammad Abu-Ghazaleh$10,144,565$8,857,945$4,449,489↑ +1,286,620
Mohammed Abbas2,365,7452,325,1641,643,728↑ +40,581
Monica Vicente1,414,3211,383,142738,659↑ +31,179
Marissa Tenazas1,263,895788,527—↑ +475,368
Danny Dumas1,046,680———

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

Our executive compensation philosophy is focused on linking pay with performance. We seek to develop a compensation program that maintains a strong link between executive pay and successful execution.

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

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Monica VicenteRSU2025-03-03——7,443—$225,300
Marissa TenazasRSU2025-03-03——6,854—207,471
Marissa TenazasPSU2025-03-035,4836,854—6,854207,471
Mohammad Abu-GhazalehPSU2025-03-0356,76970,961—88,7012,147,989
Mohammed AbbasRSU2025-03-03——12,636—382,492
Mohammad Abu-GhazalehRSU2025-03-03——70,961—2,147,989
Mohammed AbbasPSU2025-03-0310,10912,636—12,636382,492
Danny DumasRSU2025-03-03——3,964—119,990
Danny DumasPSU2025-03-033,1713,964—3,964119,990
Monica VicentePSU2025-03-035,9547,443—7,443225,300

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Monica Vicente$225,300$225,300$050.0%
Marissa Tenazas207,471207,471050.0%
Mohammad Abu-Ghazaleh2,147,9892,147,989050.0%
Mohammed Abbas382,492382,492050.0%
Danny Dumas119,990119,990050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Monica VicenteRSU1,413—$50,678
Danny DumasPSU1,845—66,174
Mohammed AbbasPSU2,268—81,341
Mohammed AbbasPSU3,509—125,833
Mohammed AbbasRSU3,963—142,120
Danny DumasPSU4,107—147,270
Danny DumasRSU4,107—147,270
Mohammed AbbasPSU4,361—156,368
Mohammed AbbasPSU4,364—156,497
Mohammed AbbasPSU4,857—174,181
Marissa TenazasPSU5,247—188,162
Marissa TenazasPSU7,101—254,639
Marissa TenazasRSU7,101—254,639
Monica VicentePSU7,711—276,522
Monica VicenteRSU7,711—276,522
Abu-GhazalehRSU8,392—300,935
Mohammed AbbasPSU13,091—469,452
Mohammed AbbasRSU13,091—469,452
Monica VicentePSU14,505—520,144
Mohammed AbbasPSU21,298—763,762
Abu-GhazalehRSU73,517—2,636,337
Abu-GhazalehPSU79,766—2,860,400
Abu-GhazalehPSU124,053—4,448,545
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael J. BerthelotIndependent · Lead Independent Director · Audit · Compensation (Chair)$160,000$149,977———$309,977
Mary Ann CloydIndependent · Audit (Chair) · Governance120,000149,977———269,977
Charles Beard JrIndependent · Compensation · Governance (Chair)112,500149,977———262,477
Lori Tauber MarcusIndependent · Audit · Compensation112,500149,977———262,477
Ajai PuriIndependent · Audit · Governance110,000149,977———259,977
Amir Abu-GhazalehNot independent90,000149,977000239,977
Ahmad Abu-GhazalehNot independent90,000149,977———239,977
Mohammad Abu-GhazalehEmployee director · Board Chair—————0

Board fee structure and ownership guideline

Annual cash retainer$90,000
Annual equity retainer$150,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)37,500 / 30,000 / 25,000
Stock ownership guideline$4

Total cost of the board

ComponentFY2025
Cash retainers and fees$795,000
Equity awards (grant-date value)$1,049,839
All other compensation$0
Total cost of the board$1,844,839

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

Peer group, and who names DEL Monte as a peer

Companies that benchmark against DMC

1 company names DMC as a compensation peer

The list of companies that name DMC 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.

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
1The Hershey Company2025Kirk Tanner$456,731$14,674,113$0$1,358,052$16,806,399
2Post Holdings, Inc.2025Robert Vitale1,281,25014,811,2950016,621,445
3Lamb Weston Holdings, Inc.2026Michael Smith1,000,0005,704,5577,379,9361,830,00016,004,614
4Ingredion Incorporated2025James Zallie1,290,9296,509,2371,999,9642,185,98012,932,234
5Campbell Soup Company2026Mick Beekhuizen1,233,0008,043,56301,226,61010,965,019
6The J.M. Smucker Company2026Mark Smucker1,221,1546,274,43802,143,12610,935,216
7McCormick & Company, Inc.2025Brendan Foley1,139,0848,600,1050720,13010,831,581
8DEL Monte Corp2025Mohammad Abu-Ghazaleh1,200,0684,295,97804,601,70010,144,565
9Darling Ingredients, Inc.2025Randall Stuewe1,284,2316,681,03001,328,1129,402,554
10Treehouse Foods, Inc.2024Steven Oakland1,102,0007,069,378008,305,103
11Flowers Foods, Inc.2025A. Ryals McMullian1,041,7305,735,8420733,5247,776,698
12Hormel Foods Corporation2025James Snee1,050,0002,000,0131,999,7701,453,0007,395,224
13B&G Foods, Inc.2025Kenneth Keller1,224,2582,625,8640710,4374,589,619
14The Hain Celestial Group, Inc.2025Wendy Davidson789,8083,530,682004,546,417
15Mission Produce, Inc.2025Stephen Barnard825,8501,157,89101,010,8803,050,746
—Dole plc——————not in coverage universe
—Brown-Forman Corporation——————not in coverage universe

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

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
DEL Monte Corpnot disclosednot disclosednot disclosedWTW
B&G Foods, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners
Brown-Forman Corporationnot disclosednot disclosednot disclosednot disclosed
Campbell Soup Companynot disclosedPSU 60 · RSU 40Yes — Relative TSRFW Cook
Darling Ingredients, Inc.70%PSU 60 · RSU 40Yes — Total Shareholder Return (TSR)Meridian Compensation Partners, LLC
Dole plcnot disclosednot disclosednot disclosednot disclosed
Flowers Foods, Inc.56.3%PSU 70 · RSU 30Yes — TSR vs. Peer GroupMeridian Compensation Partners, LLC
Hormel Foods Corporation66%PSU 50 · Options 25 · RSU 25Yes — Relative TSRPearl Meyer
Ingredion Incorporated112.5%PSU 50 · RSU 25 · Options 25Yes — Relative Total Shareholder Return (rTSR)Meridian
Lamb Weston Holdings, Inc.122%RSU 40 · PSU 30 · Options 30Yes — Relative TSRF.W. Cook
McCormick & Company, Inc.40.4%PSU 50 · RSU 50Yes — McCormick's TSR relative to the TSR generated by our Peer Group companiesWTW (Willis Towers Watson)
Mission Produce, Inc.not disclosedPSU 50 · RSU 50not disclosedPearl Meyer
Post Holdings, Inc.124.4%PSU 50 · RSU 50Yes — Negative three-year TSRAon
The Hain Celestial Group, Inc.not disclosedRSU 50 · PSU 50Yes — Relative TSR versus the S&P Food & Beverage Select Industry IndexClearBridge Compensation Group, LLC
The Hershey Companynot disclosedPSU 65 · RSU 35NoF.W. Cook
The J.M. Smucker Company117%PSU 60 · RSU 40NoSemler Brossy
Treehouse Foods, Inc.not disclosedRSU 50 · PSU 50not disclosedPay 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 yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0441,601,4221,580,59030,18396.34%Passed
20252025-06-0539,994,0631,629,523191,58696.09%Passed
20242024-06-0639,441,9442,210,18315,78894.69%Passed
20232023-05-0440,557,6083,327,53957,49992.42%Passed
20222022-06-0242,119,9441,948,59415,02295.58%Passed
20212021-05-0441,723,7902,598,28245,15494.14%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 yearMeeting dateApproval — company’s computation
20262026-06-0496.34%a
20252025-06-0596.09%b
20242024-06-0694.69%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “Majority of the Votes Cast | Abstentions: Abstentions will have no effect on the outcome of the vote for any of the Proposals under Cayman Islands law.”.

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)690 : 1
CEO total compensation$4,449,489
Median employee compensation$6,451
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (45 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, Mohammad Abu-Ghazaleh. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 10,144,565. View filing ↗
  • Section 01, Mohammed Abbas. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 2,365,745. View filing ↗
  • Section 01, Monica Vicente. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 1,414,321. View filing ↗
  • Section 01, Marissa Tenazas. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 1,263,895. View filing ↗
  • Section 01, Danny Dumas. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 1,046,680. View filing ↗
  • Section 03, Monica Vicente RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Marissa Tenazas RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Marissa Tenazas PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mohammad Abu-Ghazaleh PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mohammed Abbas RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mohammad Abu-Ghazaleh RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Mohammed Abbas PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Danny Dumas RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Danny Dumas PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Monica Vicente PSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2024-04-26. Section “CEO Pay Ratio”. As printed: 690 : 1. View filing ↗
  • Section 08, Michael J. Berthelot. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 309,977. View filing ↗
  • Section 08, Mary Ann Cloyd. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 269,977. View filing ↗
  • Section 08, Charles Beard Jr. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 262,477. View filing ↗
  • Section 08, Lori Tauber Marcus. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 262,477. View filing ↗
  • Section 08, Ajai Puri. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 259,977. View filing ↗
  • Section 08, Amir Abu-Ghazaleh. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 239,977. View filing ↗
  • Section 08, Ahmad Abu-Ghazaleh. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 239,977. View filing ↗
  • Section 08, Mohammad Abu-Ghazaleh. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-04. Item 5.07 · say-on-pay result. As reported: 96.34% (votes for as printed: 41,601,422). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-09. Item 5.07 · say-on-pay result. As reported: 96.09% (votes for as printed: 39,994,063). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-06. Item 5.07 · say-on-pay result. As reported: 94.69% (votes for as printed: 39,441,944). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 795,000 + equity 1,049,839 + all other 0 = 1,844,839, summed across the director compensation table rows.
  • 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 ↗
  • Lamb Weston Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-30. CEO total compensation as printed in Lamb Weston Holdings, Inc.'s own proxy. As printed: 16,004,614. View filing ↗
  • Ingredion Incorporated, Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Ingredion Incorporated's own proxy. As printed: 12,932,234. 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 & Company, Inc., Section 10b CEO total. DEF 14A, filed 2026-02-18. CEO total compensation as printed in McCormick & Company, Inc.'s own proxy. As printed: 10,831,581. View filing ↗
  • DEL Monte Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in DEL Monte Corp's own proxy. As printed: 10,144,565. View filing ↗
  • Darling Ingredients, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Darling Ingredients, Inc.'s own proxy. As printed: 9,402,554. 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 ↗
  • Hormel Foods Corporation, Section 10b CEO total. DEF 14A, filed 2025-12-17. CEO total compensation as printed in Hormel Foods Corporation's own proxy. As printed: 7,395,224. 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 ↗
  • The Hain Celestial Group, Inc., Section 10b CEO total. DEF 14A, filed 2025-09-18. CEO total compensation as printed in The Hain Celestial Group, Inc.'s own proxy. As printed: 4,546,417. View filing ↗
  • Mission Produce, Inc., Section 10b CEO total. DEF 14A, filed 2026-02-24. CEO total compensation as printed in Mission Produce, Inc.'s own proxy. As printed: 3,050,746. View filing ↗
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