Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses BGS 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 BGS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Kenneth Keller | $1,224,258 | $0 | $2,625,864 | $0 | $710,437 | $0 | $29,060 | $4,589,619 |
| Chief Executive Officer | ||||||||
| Jordan Greenberg | 351,320 | 0 | 341,578 | 0 | 0 | 113,453 | 778,532 | 1,584,883 |
| Former Executive Vice President and President of Spices & Flavor Solutions | ||||||||
| Scott Lerner | 582,449 | 0 | 471,419 | 0 | 202,797 | 72,675 | 22,060 | 1,351,400 |
| General Counsel, Secretary and Chief Compliance Officer | ||||||||
| Bruce Wacha | 579,209 | 0 | 468,803 | 0 | 235,280 | 45,391 | 22,060 | 1,350,743 |
| Executive Vice President of Finance and Chief Financial Officer | ||||||||
| Ellen Schum | 482,620 | 0 | 351,558 | 0 | 188,482 | 62,181 | 11,560 | 1,096,401 |
| Executive Vice President and President of Specialty | ||||||||
| Andrew Vogel | 417,690 | 0 | 304,262 | 0 | 292,141 | 0 | 29,060 | 1,043,153 |
| Executive Vice President and President of Meals | ||||||||
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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Kenneth Keller | $4,589,619 | $5,083,699 | $7,958,638 | −494,080 |
| Jordan Greenberg | 1,584,883 | 1,081,568 | 1,298,323 | +503,315 |
| Scott Lerner | 1,351,400 | 1,373,345 | 1,524,528 | −21,945 |
| Bruce Wacha | 1,350,743 | 1,417,388 | 1,551,482 | −66,645 |
| Ellen Schum | 1,096,401 | 1,236,585 | 1,358,208 | −140,184 |
| Andrew Vogel | 1,043,153 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Andrew Vogel | PSU | 27,560 | — | $115,752 |
| Ellen Schum | RSU | 4,761 | — | 19,996 |
| Kenneth Keller | RSU | 35,559 | — | 149,348 |
| Kenneth Keller | PSU | 237,850 | — | 998,970 |
| Jordan Greenberg | PSU | 6,016 | — | 25,267 |
| Kenneth Keller | RSU | 237,850 | — | 998,970 |
| Kenneth Keller | PSU | 148,434 | — | 623,423 |
| Bruce Wacha | RSU | 5,769 | — | 24,230 |
| Kenneth Keller | RSU | 98,956 | — | 415,615 |
| Scott Lerner | PSU | 42,701 | — | 179,344 |
| Scott Lerner | RSU | 42,701 | — | 179,344 |
| Bruce Wacha | PSU | 42,464 | — | 178,349 |
| Bruce Wacha | RSU | 42,464 | — | 178,349 |
| Ellen Schum | PSU | 31,844 | — | 133,745 |
| Ellen Schum | RSU | 31,844 | — | 133,745 |
| Andrew Vogel | RSU | 27,560 | — | 115,752 |
| Scott Lerner | PSU | 26,648 | — | 111,922 |
| Bruce Wacha | PSU | 26,500 | — | 111,300 |
| Ellen Schum | PSU | 19,873 | — | 83,467 |
| Scott Lerner | RSU | 17,765 | — | 74,613 |
| Bruce Wacha | RSU | 17,667 | — | 74,201 |
| Andrew Vogel | PSU | 17,034 | — | 71,543 |
| Ellen Schum | RSU | 13,249 | — | 55,646 |
| Andrew Vogel | RSU | 11,356 | — | 47,695 |
| Jordan Greenberg | PSU | 10,190 | — | 42,798 |
| Scott Lerner | RSU | 5,802 | — | 24,368 |
| Andrew Vogel | RSU | 4,081 | — | 17,140 |
| Kenneth Keller | Option | 252,000 | 14.02 | — |
| Kenneth Keller | Option | 273,000 | 19.63 | — |
| Kenneth Keller | Option | 375,000 | 25.24 | — |
The primary objective of the executive compensation program is to attract, motivate, and retain executive officers of outstanding ability, reinforce the execution of business strategy, and align executive interests with stockholders to improve stockholder value. The program emphasizes 'pay for performance' by basing a significant portion of total compensation on achieving annual and long-term performance goals, while maintaining simplicity and competitiveness.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-21 | 26,804,215 | 4,340,759 | 436,974 | 86.06% | Passed |
| 2025 | 2025-05-15 | 36,717,432 | 7,633,289 | 502,613 | 82.79% | Passed |
| 2024 | 2024-05-23 | 40,610,554 | 5,082,814 | 512,130 | 88.88% | Passed |
| 2023 | 2023-05-17 | 33,988,414 | 3,411,550 | 633,720 | 90.88% | Passed |
| 2022 | 2022-05-17 | 31,821,581 | 2,428,194 | 1,325,272 | 92.91% | Passed |
| 2021 | 2021-05-18 | 30,390,070 | 1,806,664 | 1,131,327 | 94.39% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-21 | 86.06%a |
| 2025 | 2025-05-15 | 82.79%b |
| 2024 | 2024-05-23 | 88.88%c |
a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be included in the vote totals and will not affect the outcome of the vote for Proposal Nos.”.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be included in the vote totals and will not affect the outcome of the vote for Proposal Nos.”.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be included in the vote totals and will not affect the outcome of the vote for Proposal Nos.”.
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.
| Ratio (CEO : median employee) | 84 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $54,657 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Stephen C. SherrillIndependent · Board Chair · Compensation (Ex-officio) | $0 | $102,368 | $165,000 | $0 | $0 | $267,368 |
| DeAnn L. BruntsIndependent · Audit (Chair) | 130,000 | 102,368 | 0 | 0 | 0 | 232,368 |
| Alfred PoeIndependent · Audit · Compensation (Chair) · Risk | 125,000 | 102,368 | 0 | 0 | 0 | 227,368 |
| Debra M. ChaseIndependent | 125,000 | 102,368 | 0 | 0 | 0 | 227,368 |
| Cheryl M. PalmerIndependent · Audit · Compensation · Risk | 120,000 | 102,368 | 0 | 0 | 0 | 222,368 |
| Dennis M. MullenIndependent · Audit · Compensation · Corporate Social Responsibility · Risk | 120,000 | 102,368 | 0 | 0 | 0 | 222,368 |
| Charles F. MarcyIndependent · Nominating and Governance (Chair) | 110,000 | 102,368 | 0 | 0 | 0 | 212,368 |
| Robert D. MillsIndependent · Risk (Chair) | 110,000 | 102,368 | 0 | 0 | 0 | 212,368 |
| David L. WennerIndependent · Audit · Compensation | 105,000 | 102,368 | 0 | 0 | 0 | 207,368 |
| Kenneth C. KellerEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $130,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 20,000 / 20,000 |
| Stock ownership guideline | $4 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $945,000 |
| Equity awards (grant-date value) | $921,312 |
| All other compensation | $0 |
| Total cost of the board | $1,866,312 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies B&G Foods names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including B&G Foods.
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 | WK Kellogg Co. | 2023 | Steve Cahillane | $1,338,462 | $10,995,985 | $1,524,318 | $2,829,600 | $17,038,641 |
| 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 | McCormick & Co., Inc. | 2025 | Brendan Foley | 1,139,084 | 8,600,105 | 0 | 720,130 | 10,831,581 |
| 5 | Darling Ingredients, Inc. | 2025 | Randall Stuewe | 1,284,231 | 6,681,030 | 0 | 1,328,112 | 9,402,554 |
| 6 | Flowers Foods, Inc. | 2025 | A. Ryals McMullian | 1,041,730 | 5,735,842 | 0 | 733,524 | 7,776,698 |
| 7 | BellRing Brands, Inc. | 2025 | Darcy Horn Davenport | 950,025 | 4,400,000 | 0 | 1,055,715 | 6,563,539 |
| 8 | B&G Foods | 2025 | Kenneth Keller | 1,224,258 | 2,625,864 | 0 | 710,437 | 4,589,619 |
| 9 | The Hain Celestial Group, Inc. | 2025 | Wendy Davidson | 789,808 | 3,530,682 | 0 | 0 | 4,546,417 |
| 10 | Utz Brands, Inc. | 2025 | Howard Friedman | 968,289 | 2,699,044 | 0 | 609,936 | 4,391,269 |
| 11 | The Simply Good Foods Company | 2025 | Geoff Tanner | 816,667 | 2,747,758 | 0 | 748,000 | 4,330,633 |
| 12 | J&J Snack Foods Corp. | 2025 | Daniel Fachner | 1,021,923 | 2,059,974 | 0 | 834,300 | 3,978,648 |
| — | John B. Sanfilippo & Son, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Treehouse Foods, Inc. | — | — | — | — | — | — | 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.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| B&G Foods | not disclosed | PSU 50 · Restricted Stock 50 | not disclosed | Meridian Compensation Partners |
| BellRing Brands, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Darling Ingredients, Inc. | 70% | PSU 60 · RSU 40 | Yes — Total Shareholder Return (TSR) | Meridian Compensation Partners, LLC |
| Flowers Foods, Inc. | 56.3% | PSU 70 · RSU 30 | Yes — TSR vs. Peer Group | Meridian |
| J&J Snack Foods Corp. | not disclosed | not disclosed | not disclosed | not disclosed |
| John B. Sanfilippo & Son, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Lamb Weston Holdings, Inc. | 122% | RSU 40 · PSU 30 · Options 30 | Yes — Relative TSR | F.W. Cook |
| 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) |
| Post Holdings Inc. | 124.4% | PRSU 50 · RSU 50 | Yes — Relative Total Shareholder Return (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 Simply Good Foods Company | not disclosed | not disclosed | not disclosed | not disclosed |
| Treehouse Foods, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Utz Brands, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| WK Kellogg Co. | 111% | PSU 75 · RSU 25 | No | Semler Brossy Consulting Group |
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.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Kenneth Keller | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Summary Compensation Table”. As printed: 4,589,619. Filing ↗ |
| 2 | Section 01, Jordan Greenberg | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Summary Compensation Table”. As printed: 1,584,883. Filing ↗ |
| 3 | Section 01, Scott Lerner | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Summary Compensation Table”. As printed: 1,351,400. Filing ↗ |
| 4 | Section 01, Bruce Wacha | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Summary Compensation Table”. As printed: 1,350,743. Filing ↗ |
| 5 | Section 01, Ellen Schum | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Summary Compensation Table”. As printed: 1,096,401. Filing ↗ |
| 6 | Section 01, Andrew Vogel | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Summary Compensation Table”. As printed: 1,043,153. Filing ↗ |
| 7 | Section 07, pay ratio | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “CEO Pay Ratio”. As printed: 84 : 1. Filing ↗machine: span 1884267–1884269 |
| 8 | Section 08, Stephen C. Sherrill | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 267,368. Filing ↗machine: span 365264–365271 |
| 9 | Section 08, DeAnn L. Brunts | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 232,368. Filing ↗machine: span 369374–369381 |
| 10 | Section 08, Alfred Poe | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 227,368. Filing ↗machine: span 394107–394114 |
| 11 | Section 08, Debra M. Chase | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 227,368. Filing ↗machine: span 373508–373515 |
| 12 | Section 08, Cheryl M. Palmer | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 222,368. Filing ↗machine: span 390002–390009 |
| 13 | Section 08, Dennis M. Mullen | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 222,368. Filing ↗machine: span 385866–385873 |
| 14 | Section 08, Charles F. Marcy | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 212,368. Filing ↗machine: span 377619–377626 |
| 15 | Section 08, Robert D. Mills | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 212,368. Filing ↗machine: span 381754–381761 |
| 16 | Section 08, David L. Wenner | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 207,368. Filing ↗machine: span 398242–398249 |
| 17 | Section 08, Kenneth C. Keller | DEF 14A | 2026-04-03 | 0001104659-26-039621 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | Section 06, 2026 vote | Form 8-K | 2026-05-27 | 0001104659-26-066912 | Item 5.07 · say-on-pay result. As reported: 86.06% (votes for as printed: 26,804,215). Filing ↗ |
| 19 | Section 06, 2025 vote | Form 8-K | 2025-05-20 | 0001104659-25-051045 | Item 5.07 · say-on-pay result. As reported: 82.79% (votes for as printed: 36,717,432). Filing ↗ |
| 20 | Section 06, 2024 vote | Form 8-K | 2024-05-24 | 0001104659-24-064973 | Item 5.07 · say-on-pay result. As reported: 88.88% (votes for as printed: 40,610,554). Filing ↗ |
| 21 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 22 | Section 09b board cost (computed) | Computed | — | computed | Cash 945,000 + equity 921,312 + all other 0 = 1,866,312, summed across the director compensation table rows.machine: formula: Σ = 1,866,312 |
| 23 | WK Kellogg Co., Section 10b CEO total | DEF 14A | 2024-03-04 | 0000055067-24-000010 | CEO total compensation as printed in WK Kellogg Co.'s own proxy. As printed: 17,038,641. Filing ↗machine: r2 · c33 · span 884851–884861 |
| 24 | Post Holdings Inc., Section 10b CEO total | DEF 14A | 2025-12-15 | 0001530950-25-000284 | CEO total compensation as printed in Post Holdings Inc.'s own proxy. As printed: 16,621,445. Filing ↗machine: r2 · c54 · span 657892–657902 |
| 25 | Lamb Weston Holdings, Inc., Section 10b CEO total | DEF 14A | 2026-07-30 | 0001679273-26-000036 | CEO total compensation as printed in Lamb Weston Holdings, Inc.'s own proxy. As printed: 16,004,614. Filing ↗machine: r2 · c54 · span 960382–960392 |
| 26 | McCormick & Co., Inc., Section 10b CEO total | DEF 14A | 2026-02-18 | 0000063754-26-000140 | CEO total compensation as printed in McCormick & Co., Inc.'s own proxy. As printed: 10,831,581. Filing ↗machine: r2 · c24 · span 970218–970228 |
| 27 | Darling Ingredients, Inc., Section 10b CEO total | DEF 14A | 2026-03-19 | 0001193125-26-116042 | CEO total compensation as printed in Darling Ingredients, Inc.'s own proxy. As printed: 9,402,554. Filing ↗machine: t222 · r3 · c27 · span 972629–972638 |
| 28 | Flowers Foods, Inc., Section 10b CEO total | DEF 14A | 2026-04-14 | 0001104659-26-043025 | CEO total compensation as printed in Flowers Foods, Inc.'s own proxy. As printed: 7,776,698. Filing ↗machine: r1 · c48 · span 1362376–1362385 |
| 29 | BellRing Brands, Inc., Section 10b CEO total | DEF 14A | 2025-12-16 | 0001193125-25-320827 | CEO total compensation as printed in BellRing Brands, Inc.'s own proxy. As printed: 6,563,539. Filing ↗machine: r3 · c35 · span 516110–516119 |
| 30 | B&G Foods (subject), Section 10b CEO total | DEF 14A | 2026-04-03 | 0001104659-26-039621 | CEO total compensation as printed in B&G Foods's own proxy. As printed: 4,589,619. Filing ↗ |
| 31 | The Hain Celestial Group, Inc., Section 10b CEO total | DEF 14A | 2025-09-18 | 0001193125-25-207370 | CEO total compensation as printed in The Hain Celestial Group, Inc.'s own proxy. As printed: 4,546,417. Filing ↗machine: t83 · r14 · c38 · span 1813238–1813247 |
| 32 | Utz Brands, Inc., Section 10b CEO total | DEF 14A | 2026-03-12 | 0001193125-26-103020 | CEO total compensation as printed in Utz Brands, Inc.'s own proxy. As printed: 4,391,269. Filing ↗machine: r5 · c22 · span 1911475–1911484 |
| 33 | The Simply Good Foods Company, Section 10b CEO total | DEF 14A | 2025-12-17 | 0001104659-25-121934 | CEO total compensation as printed in The Simply Good Foods Company's own proxy. As printed: 4,330,633. Filing ↗machine: r1 · c48 · span 952887–952896 |
| 34 | J&J Snack Foods Corp., Section 10b CEO total | DEF 14A | 2026-01-02 | 0001140361-26-000149 | CEO total compensation as printed in J&J Snack Foods Corp.'s own proxy. As printed: 3,978,648. Filing ↗machine: r2 · c22 · span 557467–557476 |
| 35 | Section 10a, Post Holdings Inc. reciprocity | DEF 14A | — | 0001530950-25-000284 | Post Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include B&G Foods. Filing ↗ |
| 36 | Section 10a, McCormick & Co., Inc. reciprocity | DEF 14A | — | 0000063754-26-000140 | McCormick & Co., Inc.'s most recent proxy was read; its disclosed peer group does not include B&G Foods. Filing ↗ |
| 37 | Section 10a, Lamb Weston Holdings, Inc. reciprocity | DEF 14A | — | 0001679273-26-000036 | Lamb Weston Holdings, Inc. names B&G Foods in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 38 | Section 10a, Flowers Foods, Inc. reciprocity | DEF 14A | — | 0001104659-24-045106 | Flowers Foods, Inc.'s most recent proxy was read; its disclosed peer group does not include B&G Foods. Filing ↗ |
| 39 | Section 10a, WK Kellogg Co. reciprocity | DEF 14A | — | 0000055067-24-000010 | WK Kellogg Co.'s most recent proxy was read; its disclosed peer group does not include B&G Foods. Filing ↗ |
| 40 | Section 10a, The Hain Celestial Group, Inc. reciprocity | DEF 14A | — | 0001193125-25-207370 | The Hain Celestial Group, Inc. names B&G Foods in its own disclosed peer group (read from its most recent proxy). Filing ↗ |