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Companies B&G Foods, Inc.

B&G Foods (BGS): executive pay, fiscal 2025

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CEO total pay$4,589,619CEO Kenneth Keller · source
Say-on-pay support86.06%Latest vote · source
CEO vs. named peers31st pct.Of 14 peer CEOs
CEO pay ratio84:1To the median employee · source

CEO pay, last three years

  • $7,958,638FY2023
  • $5,083,699FY2024
  • $4,589,619FY2025

CEO total pay was $4,589,619 in fiscal 2025, down from $5,083,699 in fiscal 2024.

FY2025: salary $1,224,258 · bonus $0 · stock awards $2,625,864 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at B&G Foods, Inc. in fiscal 2025?
As disclosed, Kenneth Keller (Chief Executive Officer) was the highest-paid executive at B&G Foods, Inc. in fiscal 2025, with total compensation of $4,589,619.
How does B&G Foods, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Kenneth Keller's total compensation ranked at the 31st percentile of B&G Foods, Inc.'s disclosed peer group.
What is B&G Foods, Inc.'s CEO-to-median employee pay ratio?
As disclosed, B&G Foods, Inc.'s CEO-to-median employee pay ratio was 84:1.
How did shareholders vote on B&G Foods, Inc.'s executive compensation?
As disclosed, 86.06% of shareholders supported B&G Foods, Inc.'s executive compensation in the latest say-on-pay vote.
How much does B&G Foods, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, B&G Foods, Inc. reported total board compensation of $1,866,312 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
Kenneth Keller$1,224,258$0$2,625,864$0$710,437$0$29,060$4,589,619
Chief Executive Officer
Jordan Greenberg351,3200341,57800113,453778,5321,584,883
Former Executive Vice President and President of Spices & Flavor Solutions
Scott Lerner582,4490471,4190202,79772,67522,0601,351,400
General Counsel, Secretary and Chief Compliance Officer
Bruce Wacha579,2090468,8030235,28045,39122,0601,350,743
Executive Vice President of Finance and Chief Financial Officer
Ellen Schum482,6200351,5580188,48262,18111,5601,096,401
Executive Vice President and President of Specialty
Andrew Vogel417,6900304,2620292,141029,0601,043,153
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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Kenneth Keller$4,589,619$5,083,699$7,958,638↓ −494,080
Jordan Greenberg1,584,8831,081,5681,298,323↑ +503,315
Scott Lerner1,351,4001,373,3451,524,528↓ −21,945
Bruce Wacha1,350,7431,417,3881,551,482↓ −66,645
Ellen Schum1,096,4011,236,5851,358,208↓ −140,184
Andrew Vogel1,043,153———

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 compensation committee ensures that the total compensation paid to our named executive officers is fair, reasonable and competitive, and that a significant portion of the total compensation is tied to the company's annual and long-term performance.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners
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 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Andrew VogelRSU4,081—$17,140
Ellen SchumRSU4,761—19,996
Bruce WachaRSU5,769—24,230
Scott LernerRSU5,802—24,368
Jordan GreenbergPSU6,016—25,267
Jordan GreenbergPSU10,190—42,798
Andrew VogelRSU11,356—47,695
Ellen SchumRSU13,249—55,646
Andrew VogelPSU17,034—71,543
Bruce WachaRSU17,667—74,201
Scott LernerRSU17,765—74,613
Ellen SchumPSU19,873—83,467
Bruce WachaPSU26,500—111,300
Scott LernerPSU26,648—111,922
Andrew VogelPSU27,560—115,752
Andrew VogelRSU27,560—115,752
Ellen SchumPSU31,844—133,745
Ellen SchumRSU31,844—133,745
Kenneth KellerRSU35,559—149,348
Bruce WachaPSU42,464—178,349
Bruce WachaRSU42,464—178,349
Scott LernerPSU42,701—179,344
Scott LernerRSU42,701—179,344
Kenneth KellerRSU98,956—415,615
Kenneth KellerPSU148,434—623,423
Kenneth KellerPSU237,850—998,970
Kenneth KellerRSU237,850—998,970
Kenneth KellerOption252,00014.02—
Kenneth KellerOption273,00019.63—
Kenneth KellerOption375,00025.24—
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Stephen C. SherrillIndependent · Board Chair · Compensation (Ex-officio)$0$102,368$165,000$0$0$267,368
DeAnn L. BruntsIndependent · Audit (Chair)130,000102,368000232,368
Debra M. ChaseIndependent125,000102,368000227,368
Alfred PoeIndependent · Audit · Compensation (Chair) · Risk125,000102,368000227,368
Dennis M. MullenIndependent · Audit · Compensation · Corporate Social Responsibility · Risk120,000102,368000222,368
Cheryl M. PalmerIndependent · Audit · Compensation · Risk120,000102,368000222,368
Charles F. MarcyIndependent · Nominating and Governance (Chair)110,000102,368000212,368
Robert D. MillsIndependent · Risk (Chair)110,000102,368000212,368
David L. WennerIndependent · Audit · Compensation105,000102,368000207,368
Kenneth C. KellerEmployee director—————0

Board fee structure and ownership guideline

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 guidelineSee “Corporate Governance—Director Compensation—Non-Employee Director Stock Ownership Guidelines” above for a description of stock ownership guidelines we have adopted for our non-employee directors.

Total cost of the board

ComponentFY2025
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.

Peer group, and who names B&G Foods as a peer

Companies that benchmark against BGS

18 companies name BGS as a compensation peer

The list of companies that name BGS 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.

Peer reciprocity

The companies B&G Foods, Inc. names as compensation peers that name it back in their own disclosed peer groups.

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
1WK Kellogg Co.2023Steve Cahillane$1,338,462$10,995,985$1,524,318$2,829,600$17,038,641
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
4McCormick & Co., Inc.2025Brendan Foley1,139,0848,600,1050720,13010,831,581
5Darling Ingredients, Inc.2025Randall Stuewe1,284,2316,681,03001,328,1129,402,554
6Treehouse Foods, Inc.2024Steven Oakland1,102,0007,069,378008,305,103
7Flowers Foods, Inc.2025A. Ryals McMullian1,041,7305,735,8420733,5247,776,698
8BellRing Brands, Inc.2025Darcy Horn Davenport950,0254,400,00001,055,7156,563,539
9John B. Sanfilippo & Son, Inc.2026Jeffrey Sanfilippo985,4701,687,43101,841,8635,326,942
10B&G Foods, Inc.2025Kenneth Keller1,224,2582,625,8640710,4374,589,619
11The Hain Celestial Group, Inc.2025Wendy Davidson789,8083,530,682004,546,417
12Utz Brands, Inc.2025Howard Friedman968,2892,699,0440609,9364,391,269
13The Simply Good Foods Company2025Geoff Tanner816,6672,747,758—748,0004,330,633
14J&J Snack Foods Corp.2025Daniel Fachner1,021,9232,059,9740834,3003,978,648

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
B&G Foods, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners
BellRing Brands, Inc.88.9% of target for corporate level NEOs; 92.9% of target for business unit level NEO (Mr. Singh).%PRSUs 80 · RSUs 20Yes — Relative TSRAon
Darling Ingredients, Inc.70%PSU 60 · RSU 40Yes — Total Shareholder Return (TSR)Meridian Compensation Partners, LLC
Flowers Foods, Inc.56.3%PSU 70 · RSU 30Yes — TSR vs. Peer GroupMeridian Compensation Partners, LLC
J&J Snack Foods Corp.not disclosednot disclosednot disclosednot disclosed
John B. Sanfilippo & Son, Inc.158.1%RSU 80 · PSU 20NoPearl Meyer & Partners, LLC
Lamb Weston Holdings, Inc.122%RSU 40 · PSU 30 · Options 30Yes — Relative TSRF.W. Cook
McCormick & Co., Inc.40.4%PSU 50 · RSU 50Yes — McCormick's TSR relative to the TSR generated by our Peer Group companiesWTW (Willis Towers Watson)
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 Simply Good Foods Companynot disclosednot disclosednot disclosedMercer
Treehouse Foods, Inc.not disclosedRSU 50 · PSU 50not disclosedPay Governance LLC
Utz Brands, Inc.not disclosednot disclosednot disclosedF.W. Cook
WK Kellogg Co.not disclosedPSU 75 · RSU 25NoSemler 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.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2126,804,2154,340,759436,97486.06%Passed
20252025-05-1536,717,4327,633,289502,61382.79%Passed
20242024-05-2340,610,5545,082,814512,13088.88%Passed
20232023-05-1733,988,4143,411,550633,72090.88%Passed
20222022-05-1731,821,5812,428,1941,325,27292.91%Passed
20212021-05-1830,390,0701,806,6641,131,32794.39%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.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-05-2186.06%a
20252025-05-1582.79%b
20242024-05-2388.88%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.

CEO pay ratio

Ratio (CEO : median employee)84 : 1
CEO total compensation$4,589,619
Median employee compensation$54,657
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (44 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, Kenneth Keller. DEF 14A, filed 2026-04-03. Section “Summary Compensation Table” · page 46. As printed: 4,589,619. View filing ↗
  • Section 01, Jordan Greenberg. DEF 14A, filed 2026-04-03. Section “Summary Compensation Table”. As printed: 1,584,883. View filing ↗
  • Section 01, Scott Lerner. DEF 14A, filed 2026-04-03. Section “Summary Compensation Table”. As printed: 1,351,400. View filing ↗
  • Section 01, Bruce Wacha. DEF 14A, filed 2026-04-03. Section “Summary Compensation Table”. As printed: 1,350,743. View filing ↗
  • Section 01, Ellen Schum. DEF 14A, filed 2026-04-03. Section “Summary Compensation Table”. As printed: 1,096,401. View filing ↗
  • Section 01, Andrew Vogel. DEF 14A, filed 2026-04-03. Section “Summary Compensation Table”. As printed: 1,043,153. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-03. Section “CEO Pay Ratio”. As printed: 84 : 1. View filing ↗
  • Section 08, Stephen C. Sherrill. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 267,368. View filing ↗
  • Section 08, DeAnn L. Brunts. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 232,368. View filing ↗
  • Section 08, Debra M. Chase. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 227,368. View filing ↗
  • Section 08, Alfred Poe. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 227,368. View filing ↗
  • Section 08, Dennis M. Mullen. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 222,368. View filing ↗
  • Section 08, Cheryl M. Palmer. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 222,368. View filing ↗
  • Section 08, Charles F. Marcy. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 212,368. View filing ↗
  • Section 08, Robert D. Mills. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 212,368. View filing ↗
  • Section 08, David L. Wenner. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 207,368. View filing ↗
  • Section 08, Kenneth C. Keller. DEF 14A, filed 2026-04-03. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-27. Item 5.07 · say-on-pay result. As reported: 86.06% (votes for as printed: 26,804,215). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-20. Item 5.07 · say-on-pay result. As reported: 82.79% (votes for as printed: 36,717,432). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-24. Item 5.07 · say-on-pay result. As reported: 88.88% (votes for as printed: 40,610,554). 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 945,000 + equity 921,312 + all other 0 = 1,866,312, summed across the director compensation table rows.
  • WK Kellogg Co., Section 10b CEO total. DEF 14A, filed 2024-03-04. CEO total compensation as printed in WK Kellogg Co.'s own proxy. As printed: 17,038,641. 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 ↗
  • 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 ↗
  • 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 ↗
  • BellRing Brands, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-16. CEO total compensation as printed in BellRing Brands, Inc.'s own proxy. As printed: 6,563,539. 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. (subject), 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 ↗
  • Utz Brands, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Utz Brands, Inc.'s own proxy. As printed: 4,391,269. 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 ↗
  • Section 10a, The Simply Good Foods Company reciprocity. DEF 14A. The Simply Good Foods Company names B&G Foods, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Treehouse Foods, Inc. reciprocity. DEF 14A. Treehouse Foods, Inc. names B&G Foods, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Lamb Weston Holdings, Inc. reciprocity. DEF 14A. Lamb Weston Holdings, Inc. names B&G Foods, 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 B&G Foods, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, BellRing Brands, Inc. reciprocity. DEF 14A. BellRing Brands, Inc. names B&G Foods, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, The Hain Celestial Group, Inc. reciprocity. DEF 14A. The Hain Celestial Group, Inc. names B&G Foods, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Flowers Foods, Inc. reciprocity. DEF 14A. Flowers Foods, Inc. names B&G Foods, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Utz Brands, Inc. reciprocity. DEF 14A. Utz Brands, Inc. names B&G Foods, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
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