Companies DEL Monte Corp
DEL Monte (DMC): executive pay, fiscal 2025
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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
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 |
|---|---|---|---|---|---|---|---|---|
| Mohammad Abu-Ghazaleh | $1,200,068 | $0 | $4,295,978 | $0 | $4,601,700 | $0 | $46,818 | $10,144,565 |
| Chairman and CEO | ||||||||
| Mohammed Abbas | 850,000 | 0 | 764,984 | 0 | 732,857 | 0 | 17,903 | 2,365,745 |
| EVP and COO | ||||||||
| Monica Vicente | 521,459 | 0 | 450,600 | 0 | 438,263 | 0 | 3,998 | 1,414,321 |
| SVP and CFO | ||||||||
| Marissa Tenazas | 486,615 | 0 | 414,942 | 0 | 354,426 | 0 | 7,912 | 1,263,895 |
| SVP and Chief Human Resources Officer | ||||||||
| Danny Dumas | 480,000 | 0 | 239,980 | 0 | 315,000 | 0 | 11,700 | 1,046,680 |
| 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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Mohammad Abu-Ghazaleh | $10,144,565 | $8,857,945 | $4,449,489 | ↑ +1,286,620 |
| Mohammed Abbas | 2,365,745 | 2,325,164 | 1,643,728 | ↑ +40,581 |
| Monica Vicente | 1,414,321 | 1,383,142 | 738,659 | ↑ +31,179 |
| Marissa Tenazas | 1,263,895 | 788,527 | — | ↑ +475,368 |
| Danny Dumas | 1,046,680 | — | — | — |
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 consultant | WTW |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Monica Vicente | RSU | 2025-03-03 | — | — | 7,443 | — | $225,300 |
| Marissa Tenazas | RSU | 2025-03-03 | — | — | 6,854 | — | 207,471 |
| Marissa Tenazas | PSU | 2025-03-03 | 5,483 | 6,854 | — | 6,854 | 207,471 |
| Mohammad Abu-Ghazaleh | PSU | 2025-03-03 | 56,769 | 70,961 | — | 88,701 | 2,147,989 |
| Mohammed Abbas | RSU | 2025-03-03 | — | — | 12,636 | — | 382,492 |
| Mohammad Abu-Ghazaleh | RSU | 2025-03-03 | — | — | 70,961 | — | 2,147,989 |
| Mohammed Abbas | PSU | 2025-03-03 | 10,109 | 12,636 | — | 12,636 | 382,492 |
| Danny Dumas | RSU | 2025-03-03 | — | — | 3,964 | — | 119,990 |
| Danny Dumas | PSU | 2025-03-03 | 3,171 | 3,964 | — | 3,964 | 119,990 |
| Monica Vicente | PSU | 2025-03-03 | 5,954 | 7,443 | — | 7,443 | 225,300 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Monica Vicente | $225,300 | $225,300 | $0 | 50.0% |
| Marissa Tenazas | 207,471 | 207,471 | 0 | 50.0% |
| Mohammad Abu-Ghazaleh | 2,147,989 | 2,147,989 | 0 | 50.0% |
| Mohammed Abbas | 382,492 | 382,492 | 0 | 50.0% |
| Danny Dumas | 119,990 | 119,990 | 0 | 50.0% |
% 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Monica Vicente | RSU | 1,413 | — | $50,678 |
| Danny Dumas | PSU | 1,845 | — | 66,174 |
| Mohammed Abbas | PSU | 2,268 | — | 81,341 |
| Mohammed Abbas | PSU | 3,509 | — | 125,833 |
| Mohammed Abbas | RSU | 3,963 | — | 142,120 |
| Danny Dumas | PSU | 4,107 | — | 147,270 |
| Danny Dumas | RSU | 4,107 | — | 147,270 |
| Mohammed Abbas | PSU | 4,361 | — | 156,368 |
| Mohammed Abbas | PSU | 4,364 | — | 156,497 |
| Mohammed Abbas | PSU | 4,857 | — | 174,181 |
| Marissa Tenazas | PSU | 5,247 | — | 188,162 |
| Marissa Tenazas | PSU | 7,101 | — | 254,639 |
| Marissa Tenazas | RSU | 7,101 | — | 254,639 |
| Monica Vicente | PSU | 7,711 | — | 276,522 |
| Monica Vicente | RSU | 7,711 | — | 276,522 |
| Abu-Ghazaleh | RSU | 8,392 | — | 300,935 |
| Mohammed Abbas | PSU | 13,091 | — | 469,452 |
| Mohammed Abbas | RSU | 13,091 | — | 469,452 |
| Monica Vicente | PSU | 14,505 | — | 520,144 |
| Mohammed Abbas | PSU | 21,298 | — | 763,762 |
| Abu-Ghazaleh | RSU | 73,517 | — | 2,636,337 |
| Abu-Ghazaleh | PSU | 79,766 | — | 2,860,400 |
| Abu-Ghazaleh | PSU | 124,053 | — | 4,448,545 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Michael J. BerthelotIndependent · Lead Independent Director · Audit · Compensation (Chair) | $160,000 | $149,977 | — | — | — | $309,977 |
| Mary Ann CloydIndependent · Audit (Chair) · Governance | 120,000 | 149,977 | — | — | — | 269,977 |
| Charles Beard JrIndependent · Compensation · Governance (Chair) | 112,500 | 149,977 | — | — | — | 262,477 |
| Lori Tauber MarcusIndependent · Audit · Compensation | 112,500 | 149,977 | — | — | — | 262,477 |
| Ajai PuriIndependent · Audit · Governance | 110,000 | 149,977 | — | — | — | 259,977 |
| Amir Abu-GhazalehNot independent | 90,000 | 149,977 | 0 | 0 | 0 | 239,977 |
| Ahmad Abu-GhazalehNot independent | 90,000 | 149,977 | — | — | — | 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
| Component | FY2025 |
|---|---|
| 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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | The Hershey Company | 2025 | Kirk Tanner | $456,731 | $14,674,113 | $0 | $1,358,052 | $16,806,399 |
| 2 | Post Holdings, Inc. | 2025 | Robert Vitale | 1,281,250 | 14,811,295 | 0 | 0 | 16,621,445 |
| 3 | Lamb Weston Holdings, Inc. | 2026 | Michael Smith | 1,000,000 | 5,704,557 | 7,379,936 | 1,830,000 | 16,004,614 |
| 4 | Ingredion Incorporated | 2025 | James Zallie | 1,290,929 | 6,509,237 | 1,999,964 | 2,185,980 | 12,932,234 |
| 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 & Company, Inc. | 2025 | Brendan Foley | 1,139,084 | 8,600,105 | 0 | 720,130 | 10,831,581 |
| 8 | DEL Monte Corp | 2025 | Mohammad Abu-Ghazaleh | 1,200,068 | 4,295,978 | 0 | 4,601,700 | 10,144,565 |
| 9 | Darling Ingredients, Inc. | 2025 | Randall Stuewe | 1,284,231 | 6,681,030 | 0 | 1,328,112 | 9,402,554 |
| 10 | Treehouse Foods, Inc. | 2024 | Steven Oakland | 1,102,000 | 7,069,378 | 0 | 0 | 8,305,103 |
| 11 | Flowers Foods, Inc. | 2025 | A. Ryals McMullian | 1,041,730 | 5,735,842 | 0 | 733,524 | 7,776,698 |
| 12 | Hormel Foods Corporation | 2025 | James Snee | 1,050,000 | 2,000,013 | 1,999,770 | 1,453,000 | 7,395,224 |
| 13 | B&G Foods, Inc. | 2025 | Kenneth Keller | 1,224,258 | 2,625,864 | 0 | 710,437 | 4,589,619 |
| 14 | The Hain Celestial Group, Inc. | 2025 | Wendy Davidson | 789,808 | 3,530,682 | 0 | 0 | 4,546,417 |
| 15 | Mission Produce, Inc. | 2025 | Stephen Barnard | 825,850 | 1,157,891 | 0 | 1,010,880 | 3,050,746 |
| — | 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
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| DEL Monte Corp | not disclosed | not disclosed | not disclosed | WTW |
| B&G Foods, Inc. | not disclosed | not disclosed | not disclosed | Meridian Compensation Partners |
| Brown-Forman Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Campbell Soup Company | not disclosed | PSU 60 · RSU 40 | Yes — Relative TSR | FW Cook |
| Darling Ingredients, Inc. | 70% | PSU 60 · RSU 40 | Yes — Total Shareholder Return (TSR) | Meridian Compensation Partners, LLC |
| Dole plc | not disclosed | not disclosed | not disclosed | not disclosed |
| Flowers Foods, Inc. | 56.3% | PSU 70 · RSU 30 | Yes — TSR vs. Peer Group | Meridian Compensation Partners, LLC |
| Hormel Foods Corporation | 66% | PSU 50 · Options 25 · RSU 25 | Yes — Relative TSR | Pearl Meyer |
| Ingredion Incorporated | 112.5% | PSU 50 · RSU 25 · Options 25 | Yes — Relative Total Shareholder Return (rTSR) | Meridian |
| Lamb Weston Holdings, Inc. | 122% | RSU 40 · PSU 30 · Options 30 | Yes — Relative TSR | F.W. Cook |
| McCormick & Company, 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) |
| Mission Produce, Inc. | not disclosed | PSU 50 · RSU 50 | not disclosed | Pearl Meyer |
| Post Holdings, Inc. | 124.4% | PSU 50 · RSU 50 | Yes — Negative three-year TSR | Aon |
| The 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 |
| 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 |
| 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 | 2026-06-04 | 41,601,422 | 1,580,590 | 30,183 | 96.34% | Passed |
| 2025 | 2025-06-05 | 39,994,063 | 1,629,523 | 191,586 | 96.09% | Passed |
| 2024 | 2024-06-06 | 39,441,944 | 2,210,183 | 15,788 | 94.69% | Passed |
| 2023 | 2023-05-04 | 40,557,608 | 3,327,539 | 57,499 | 92.42% | Passed |
| 2022 | 2022-06-02 | 42,119,944 | 1,948,594 | 15,022 | 95.58% | Passed |
| 2021 | 2021-05-04 | 41,723,790 | 2,598,282 | 45,154 | 94.14% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-06-04 | 96.34%a |
| 2025 | 2025-06-05 | 96.09%b |
| 2024 | 2024-06-06 | 94.69%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 ↗