Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2026-08-13

Kellanova (K)

Fiscal year 2023 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.

$17,038,641
Steve Cahillane total, FY2023
64th
CEO pay percentile vs peers
322:1
CEO-to-median pay ratio
94.77%
Say-on-pay support, latest vote
Companies that benchmark against K
16 companies name K as a compensation peer

Each company listed discloses K 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 K in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Steve Cahillane$1,338,462$0$10,995,985$1,524,318$2,829,600$0$350,276$17,038,641
Chairman, President and Chief Executive Officer
Amit Banati840,76903,199,238313,7831,283,5000153,7615,791,051
Vice Chairman and Chief Financial Officer
Chris Hood851,92303,348,574474,087889,2400176,1955,740,019
Senior Vice President & President, Kellanova North America
Gary Pilnick594,75002,406,967474,683797,395456,000152,8974,882,692
Former Vice Chairman and Chief Legal Officer
David Lawlor614,25601,769,070184,006901,489433,000215,2414,117,062
Senior Vice President & President, Kellanova Europe
Shumit Kapoor634,23401,725,71545,256919,4340218,0003,542,639
Senior Vice President & President, Kellanova AMEA

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 officerFY2023 totalFY2022 totalFY2021 totalΔ FY20222023
Steve Cahillane$17,038,641$13,263,040$10,678,337+3,775,601
Amit Banati5,791,0514,842,3404,011,586+948,711
Chris Hood5,740,0194,990,6174,192,390+749,402
Gary Pilnick4,882,6924,022,6413,595,884+860,051
David Lawlor4,117,0623,156,458+960,604
Shumit Kapoor3,542,639

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Amit BanatiPSU2023-02-172528,96057,920$1,980,285
David LawlorPSU2023-02-172515,69031,3801,072,882
Shumit KapoorPSU2023-02-172515,69031,3801,072,882
Steve CahillanePSU2023-02-172599,810199,6206,825,008
Chris HoodPSU2023-02-172530,17060,3402,063,025
Gary PilnickPSU2023-02-172522,93045,8601,567,953
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Amit Banati$0$1,980,285$0100.0%
David Lawlor01,072,8820100.0%
Shumit Kapoor01,072,8820100.0%
Steve Cahillane06,825,0080100.0%
Chris Hood02,063,0250100.0%
Gary Pilnick01,567,9530100.0%

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

04

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Gary PilnickRSU37,554$2,099,644
Steve CahillaneRSU78,1914,371,659
Gary PilnickRSU20,1261,125,245
Steve CahillaneRSU183,23210,244,501
David LawlorOption11,18951.23
Shumit KapoorRSU36,8602,060,843
Steve CahillaneRSU234,48413,110,000
David LawlorRSU21,4631,199,996
Chris HoodRSU48,3042,700,677
Chris HoodRSU49,4122,762,625
Steve CahillaneRSU164,2329,182,211
Amit BanatiRSU68,0363,803,893
Shumit KapoorRSU18,8171,052,058
Chris HoodRSU70,8783,962,789
David LawlorRSU36,8602,060,843
Amit BanatiRSU48,8842,733,104
Amit BanatiRSU41,5062,320,600
Chris HoodOption22,37551.23
Chris HoodRSU38,2982,141,241
Amit BanatiRSU35,5791,989,222
Shumit KapoorOption9,84851.23
Gary PilnickRSU36,7132,052,624
Shumit KapoorRSU21,7421,215,595
David LawlorRSU32,8501,836,644
Shumit KapoorRSU25,5131,426,432
David LawlorRSU24,7161,381,872
Steve CahillaneOption110,65251.23
Amit BanatiOption18,79851.23
Gary PilnickOption17,00851.23
05

Incentive-plan design — the Compensation Discussion & Analysis

Kellanova's compensation program is built on core principles of pay for performance, shareowner alignment, values-based behavior, and risk mitigation. The company targets the median of its Compensation Peer Group for total compensation and links a significant portion of executive pay (approximately 71% for the CEO) to performance-based incentives, including annual cash bonuses and long-term equity awards.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantSemler Brossy Consulting Group
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-04-26265,316,29014,636,7751,252,06394.77%Passed
20232023-04-28262,794,05110,388,4021,212,92495.77%Passed
20222022-04-29260,414,7987,940,5841,418,35397.04%Passed
20212021-04-30259,229,1287,938,165905,66897.03%Passed
20202020-04-24268,621,8288,434,502836,41896.96%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
20242024-04-2694.77%a
20232023-04-2895.77%b
20222022-04-2997.04%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Shares present but not voted because of abstention will have the effect of an "against" vote on Proposals 2, 4, 5, and 6 and will have no effect on the outcome of Proposals 1 and 3.”.

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.

07

CEO pay ratio

Ratio (CEO : median employee)322 : 1
CEO total compensation$17,038,641
Median employee compensation$52,936
08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Donald KnaussIndependent · Lead Independent Director · Audit · Compensation and Talent Management · Nominating and Governance (Chair)$154,937$155,063$0$0$310,000
Stephanie A. BurnsIndependent · Audit (Chair) · Nominating and Governance129,937155,06300285,000
Mary LaschingerIndependent · Compensation and Talent Management (Chair) · Nominating and Governance124,937155,06300280,000
Zack GundIndependent · Compensation and Talent Management · Nominating and Governance119,937155,06300275,000
La June Montgomery TabronIndependent · Social Responsibility and Public Policy (Chair)119,937155,06300275,000
Carolyn TastadIndependent · Compensation and Talent Management · Nominating and Governance104,937155,06300260,000
Erica MannIndependent · Audit · Social Responsibility and Public Policy104,937155,06300260,000
Mike SchlotmanIndependent · Audit · Social Responsibility and Public Policy104,937155,06300260,000
Rod GillumIndependent · Social Responsibility and Public Policy104,937155,06300260,000
Carter CastIndependent · Social Responsibility and Public Policy104,937155,06300260,000
Rick DreilingIndependent · Departed during FY26,2500026,25026,250
Steve CahillaneEmployee director · Board Chair · Executive0
09

Board fee structure and ownership guideline

Annual cash retainer$105,000
Annual equity retainer$155,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 20,000
Stock ownership guideline5x annual cash retainer ($525,000)
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$1,200,620
Equity awards (grant-date value)$1,550,630
All other compensation$26,250
Total cost of the board$2,777,500

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

10

Disclosed peer group — fiscal year 2023

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Kellanova 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 Kellanova.

10b

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
1Starbucks2025Brian Niccol$1,599,998$19,881,585$0$1,971,000$30,992,773
2Mondelēz International, Inc.2025Dirk Van de Put1,624,61514,530,3594,401,5553,234,00024,516,114
3PepsiCo Inc.2025Ramon Laguarta1,804,61511,550,00805,771,00023,903,545
4YUM! Brands, Inc.2025David Gibbs1,380,76912,459,2263,750,0123,024,00020,861,526
5McDonald’s Corporation2025Christopher Kempczinski1,550,0008,000,2158,000,0662,367,16020,574,525
6The Estee Lauder Cos., Inc.2025Fabrizio Freda2,100,0009,000,0322,249,9943,096,85017,793,402
7Kellanova2023Steve Cahillane1,338,46210,995,9851,524,3182,829,60017,038,641
8The Hershey Company2025Kirk Tanner456,73114,674,11301,358,05216,806,399
9Post Holdings2025Robert Vitale1,281,25014,811,2950016,621,445
10Colgate-Palmolive Co.2025Noel Wallace1,500,0008,005,1523,570,0162,455,95016,478,196
11Kimberly-Clark Corporation2025Michael Hsu1,500,00011,499,98901,596,42415,320,405
12General Mills, Inc.2026Jeffrey Harmening1,350,0007,326,4052,279,9731,404,54014,018,052
13ConAgra Brands, Inc.2026Sean Connolly1,415,0008,958,37202,827,17013,680,675
14The Clorox Company2025Linda Rendle1,307,6929,754,75301,696,00013,333,032
15Whirlpool Corporation2025Marc Bitzer1,355,0009,449,86101,084,00012,773,816
16Campbell Soup Co.2025Mark Clouse664,0158,932,7300859,14011,056,404
17The J.M. Smucker Company2026Mark Smucker1,221,1546,274,43802,143,12610,935,216
18McCormick & Company, Inc.2025Brendan Foley1,139,0848,600,1050720,13010,831,581
19The Kraft Heinz Company2025Carlos Abrams-Rivera1,100,0008,102,60901,520,31010,748,810
20Church & Dwight2025Richard Dierker986,5801,770,9735,313,1001,472,6569,799,678
21Keurig Dr. Pepper Inc.2025Timothy Cofer1,331,9235,125,51401,719,2348,217,032
22Hormel Foods Corporation2025James Snee1,050,0002,000,0131,999,7701,453,0007,395,224

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Kellanovanot disclosedPSU 75 · RSU 25not disclosedSemler Brossy Consulting Group
Campbell Soup Co.74%PSU 60 · RSU 40Yes — TSR performanceFW Cook
Church & Dwight125%Options 75 · PSU 15 · RSU 10NoSemler Brossy Consulting Group
Colgate-Palmolive Co.93.6%PSU 50 · Options 30 · RSU 20NoFW Cook
ConAgra Brands, Inc.111%Performance Shares 60 · RSU 40not disclosedFW Cook
General Mills, Inc.58%PSU 50 · RSU 25 · Options 25Yes — Relative TSR ModifierFW Cook
Hormel Foods Corporation66%PSU 50 · Options 25 · RSU 25Yes — Relative TSRPearl Meyer
Keurig Dr. Pepper Inc.86%RSU 75 · PSU 25NoFW Cook
Kimberly-Clark Corporationnot disclosednot disclosednot disclosedSemler Brossy Consulting Group
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)
McDonald’s Corporationnot disclosedPRSU 50 · Option 50not disclosedSemler Brossy Consulting Group LLC
Mondelēz International, Inc.91%PSU 75 · Options 25Nonot disclosed
PepsiCo Inc.not disclosednot disclosedYes — Relative TSR PerformanceFW Cook
Post Holdings124.4%PRSU 50 · RSU 50Yes — Relative Total Shareholder Return (TSR)Aon
Starbucks54.8%PSU 60 · RSU 40NoPay Governance
The Clorox Company80%PSU 60 · RSU 40NoFW Cook
The Estee Lauder Cos., Inc.51.5%PSU 40 · RSU 40 · Options 20NoSemler Brossy
The Hershey Company165.19%PSU 65 · RSU 35NoFrederic W. Cook & Co., Inc.
The J.M. Smucker Company117%PSU 60 · RSU 40NoSemler Brossy
The Kraft Heinz Company46.07%PSU 70 · RSU 30Yes — 3-year average annual Company Total Shareholder Return (TSR) performance relative to the performance peer groupMeridian Compensation Partners LLC
Whirlpool Corporation50%PSU 70 · RSU 30NoFW Cook
YUM! Brands, Inc.68%PSU 50 · RSU 25 · Options 25Yes — TSR relative to S&P 500 Consumer Discretionary IndexMeridian Compensation Partners, 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.

11

Source register

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.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Steve CahillaneDEF 14A2024-03-040000055067-24-000010Section “Summary Compensation Table”. As printed: 17,038,641. Filing ↗machine: r2 · c33 · span 884851–884861
2Section 01, Amit BanatiDEF 14A2024-03-040000055067-24-000010Section “Summary Compensation Table”. As printed: 5,791,051. Filing ↗machine: r5 · c33 · span 896228–896237
3Section 01, Chris HoodDEF 14A2024-03-040000055067-24-000010Section “Summary Compensation Table”. As printed: 5,740,019. Filing ↗machine: r8 · c33 · span 906981–906990
4Section 01, Gary PilnickDEF 14A2024-03-040000055067-24-000010Section “Summary Compensation Table”. As printed: 4,882,692. Filing ↗machine: span 934451–934460
5Section 01, David LawlorDEF 14A2024-03-040000055067-24-000010Section “Summary Compensation Table”. As printed: 4,117,062. Filing ↗machine: r11 · c33 · span 918555–918564
6Section 01, Shumit KapoorDEF 14A2024-03-040000055067-24-000010Section “Summary Compensation Table”. As printed: 3,542,639. Filing ↗machine: r14 · c33 · span 927706–927715
7Section 03, Amit Banati PSUDEF 14A2024-03-040000055067-24-000010Section “Grant of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t120 · r6 · c2 · span 954151–954160
8Section 03, David Lawlor PSUDEF 14A2024-03-040000055067-24-000010Section “Grant of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t120 · r12 · c2 · span 963781–963790
9Section 03, Shumit Kapoor PSUDEF 14A2024-03-040000055067-24-000010Section “Grant of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t120 · r14 · c2 · span 967061–967070
10Section 03, Steve Cahillane PSUDEF 14A2024-03-040000055067-24-000010Section “Grant of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t120 · r2 · c2 · span 949175–949184
11Section 03, Chris Hood PSUDEF 14A2024-03-040000055067-24-000010Section “Grant of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t120 · r9 · c2 · span 958965–958974
12Section 03, Gary Pilnick PSUDEF 14A2024-03-040000055067-24-000010Section “Grant of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t120 · r15 · c2 · span 968803–968812
13Section 07, pay ratioDEF 14A2024-03-040000055067-24-000010Section “CEO Pay Ratio”. As printed: 322 : 1. Filing ↗machine: span 1739231–1739234
14Section 08, Donald KnaussDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 310,000. Filing ↗machine: span 612286–612552
15Section 08, Stephanie A. BurnsDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 285,000. Filing ↗machine: span 599175–599441
16Section 08, Mary LaschingerDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 280,000. Filing ↗machine: span 614973–615239
17Section 08, Zack GundDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 275,000. Filing ↗machine: span 609601–609867
18Section 08, La June Montgomery TabronDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 275,000. Filing ↗machine: span 620352–620618
19Section 08, Carolyn TastadDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 260,000. Filing ↗machine: span 626092–626392
20Section 08, Erica MannDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 260,000. Filing ↗machine: span 617655–617921
21Section 08, Mike SchlotmanDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 260,000. Filing ↗machine: span 623038–623304
22Section 08, Rod GillumDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 260,000. Filing ↗machine: span 606920–607186
23Section 08, Carter CastDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 260,000. Filing ↗machine: span 601858–602124
24Section 08, Rick DreilingDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 26,250. Filing ↗machine: span 602682–602806
25Section 08, Steve CahillaneDEF 14A2024-03-040000055067-24-000010Section “Director Compensation”. As printed: 0. Filing ↗
26Section 06, 2024 voteForm 8-K2024-05-010000055067-24-000025Item 5.07 · say-on-pay result. As reported: 94.77% (votes for as printed: 265,316,290). Filing ↗
27Section 06, 2023 voteForm 8-K2023-05-020001628280-23-014868Item 5.07 · say-on-pay result. As reported: 95.77% (votes for as printed: 262,794,051). Filing ↗
28Section 06, 2022 voteForm 8-K2022-05-030001628280-22-011991Item 5.07 · say-on-pay result. As reported: 97.04%. Filing ↗
29Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
30Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
31Section 09b board cost (computed)ComputedcomputedCash 1,200,620 + equity 1,550,630 + all other 26,250 = 2,777,500, summed across the director compensation table rows.machine: formula: Σ = 2,777,500
32Starbucks, Section 10b CEO totalDEF 14A2026-01-260001213900-26-007780CEO total compensation as printed in Starbucks's own proxy. As printed: 30,992,773. Filing ↗machine: span 2373800–2373810
33Mondelēz International, Inc., Section 10b CEO totalDEF 14A2026-04-030001628280-26-023640CEO total compensation as printed in Mondelēz International, Inc.'s own proxy. As printed: 24,516,114. Filing ↗machine: r2 · c9 · span 2504218–2504228
34PepsiCo Inc., Section 10b CEO totalDEF 14A2026-03-270001308179-26-000169CEO total compensation as printed in PepsiCo Inc.'s own proxy. As printed: 23,903,545. Filing ↗machine: r2 · c20 · span 826280–826290
35YUM! Brands, Inc., Section 10b CEO totalDEF 14A2026-04-030001193125-26-142078CEO total compensation as printed in YUM! Brands, Inc.'s own proxy. As printed: 20,861,526. Filing ↗machine: t86 · r7 · c11 · span 1988224–1988234
36McDonald’s Corporation, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145548CEO total compensation as printed in McDonald’s Corporation's own proxy. As printed: 20,574,525. Filing ↗machine: r4 · c25 · span 2683025–2683035
37The Estee Lauder Cos., Inc., Section 10b CEO totalDEF 14A2025-09-250001104659-25-093184CEO total compensation as printed in The Estee Lauder Cos., Inc.'s own proxy. As printed: 17,793,402. Filing ↗machine: r8 · c55 · span 1662302–1662312
38Kellanova (subject), Section 10b CEO totalDEF 14A2024-03-040000055067-24-000010CEO total compensation as printed in Kellanova's own proxy. As printed: 17,038,641. Filing ↗machine: r2 · c33 · span 884851–884861
39The Hershey Company, Section 10b CEO totalDEF 14A2026-03-250001628280-26-021065CEO total compensation as printed in The Hershey Company's own proxy. As printed: 16,806,399. Filing ↗machine: t70 · r3 · c16 · span 1119047–1119057
40Post Holdings, Section 10b CEO totalDEF 14A2025-12-150001530950-25-000284CEO total compensation as printed in Post Holdings's own proxy. As printed: 16,621,445. Filing ↗machine: r2 · c54 · span 657892–657902
41Colgate-Palmolive Co., Section 10b CEO totalDEF 14A2026-03-250001308179-26-000136CEO total compensation as printed in Colgate-Palmolive Co.'s own proxy. As printed: 16,478,196. Filing ↗machine: t137 · r1 · c18 · span 723853–723863
42Kimberly-Clark Corporation, Section 10b CEO totalDEF 14A2026-03-230001628280-26-020404CEO total compensation as printed in Kimberly-Clark Corporation's own proxy. As printed: 15,320,405. Filing ↗machine: r2 · c21 · span 1086894–1086904
43General Mills, Inc., Section 10b CEO totalDEF 14A2026-08-130001628280-26-056619CEO total compensation as printed in General Mills, Inc.'s own proxy. As printed: 14,018,052. Filing ↗machine: t159 · r2 · c8 · span 1890686–1890696
44ConAgra Brands, Inc., Section 10b CEO totalDEF 14ACEO total compensation as printed in ConAgra Brands, Inc.'s own proxy. As printed: 13,680,675.
45The Clorox Company, Section 10b CEO totalDEF 14A2025-10-070001552781-25-000311CEO total compensation as printed in The Clorox Company's own proxy. As printed: 13,333,032. Filing ↗machine: r1 · c9 · span 683061–683071
46Whirlpool Corporation, Section 10b CEO totalDEF 14A2026-03-100001193125-26-100387CEO total compensation as printed in Whirlpool Corporation's own proxy. As printed: 12,773,816. Filing ↗machine: r4 · c35 · span 934743–934753
47Campbell Soup Co., Section 10b CEO totalDEF 14A2025-10-080001308179-25-000618CEO total compensation as printed in Campbell Soup Co.'s own proxy. As printed: 11,056,404. Filing ↗machine: span 1065685–1065695
48The J.M. Smucker Company, Section 10b CEO totalDEF 14A2026-06-260001193125-26-283858CEO total compensation as printed in The J.M. Smucker Company's own proxy. As printed: 10,935,216. Filing ↗machine: t332 · r5 · c44 · span 1104985–1104995
49McCormick & Company, Inc., Section 10b CEO totalDEF 14A2026-02-180000063754-26-000140CEO total compensation as printed in McCormick & Company, Inc.'s own proxy. As printed: 10,831,581. Filing ↗machine: r2 · c24 · span 970218–970228
50The Kraft Heinz Company, Section 10b CEO totalDEF 14A2026-04-030001193125-26-141397CEO total compensation as printed in The Kraft Heinz Company's own proxy. As printed: 10,748,810. Filing ↗machine: r3 · c18 · span 3154939–3154949
51Church & Dwight, Section 10b CEO totalDEF 14A2026-03-190001193125-26-115994CEO total compensation as printed in Church & Dwight's own proxy. As printed: 9,799,678. Filing ↗machine: r2 · c38 · span 2534673–2534682
52Keurig Dr. Pepper Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-177266CEO total compensation as printed in Keurig Dr. Pepper Inc.'s own proxy. As printed: 8,217,032. Filing ↗machine: r4 · c27 · span 672692–672701
53Hormel Foods Corporation, Section 10b CEO totalDEF 14A2025-12-170000048465-25-000074CEO total compensation as printed in Hormel Foods Corporation's own proxy. As printed: 7,395,224. Filing ↗machine: r5 · c27 · span 586269–586278
54Section 10a, Campbell Soup Co. reciprocityDEF 14A0001308179-25-000618Campbell Soup Co.'s most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗
55Section 10a, Keurig Dr. Pepper Inc. reciprocityDEF 14A0001193125-26-177266Keurig Dr. Pepper Inc. names Kellanova in its own disclosed peer group (read from its most recent proxy). Filing ↗
56Section 10a, Starbucks reciprocityDEF 14A0001213900-26-007780Starbucks's most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗
57Section 10a, The Estee Lauder Cos., Inc. reciprocityDEF 14A0001104659-25-093184The Estee Lauder Cos., Inc.'s most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗
58Section 10a, Hormel Foods Corporation reciprocityDEF 14A0000048465-25-000074Hormel Foods Corporation's most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗
59Section 10a, Mondelēz International, Inc. reciprocityDEF 14A0001628280-26-023640Mondelēz International, Inc.'s most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗
60Section 10a, General Mills, Inc. reciprocityDEF 14A0001628280-26-056619General Mills, Inc.'s most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗
61Section 10a, ConAgra Brands, Inc. reciprocityDEF 14A0000023217-26-000037ConAgra Brands, Inc. names Kellanova in its own disclosed peer group (read from its most recent proxy). Filing ↗
62Section 10a, The Hershey Company reciprocityDEF 14A0001628280-26-021065The Hershey Company's most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗
63Section 10a, The J.M. Smucker Company reciprocityDEF 14A0001193125-26-283858The J.M. Smucker Company's most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗
64Section 10a, Post Holdings reciprocityDEF 14A0001530950-25-000284Post Holdings names Kellanova in its own disclosed peer group (read from its most recent proxy). Filing ↗
65Section 10a, McCormick & Company, Inc. reciprocityDEF 14A0000063754-26-000140McCormick & Company, Inc.'s most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗
66Section 10a, The Kraft Heinz Company reciprocityDEF 14A0001193125-26-141397The Kraft Heinz Company names Kellanova in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, Whirlpool Corporation reciprocityDEF 14A0001193125-26-100387Whirlpool Corporation names Kellanova in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, YUM! Brands, Inc. reciprocityDEF 14A0000950170-25-051113YUM! Brands, Inc.'s most recent proxy was read; its disclosed peer group does not include Kellanova. Filing ↗