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Companies Marzetti Co

Marzetti (LANC): executive pay, fiscal 2026

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CEO total pay$5,743,331CEO David Ciesinski · source
CEO vs. named peers50th pct.Of 15 peer CEOs
CEO pay ratio102:1To the median employee · source

CEO pay, last three years

  • $5,415,614FY2024
  • $5,378,360FY2025
  • $5,743,331FY2026

CEO total pay was $5,743,331 in fiscal 2026, up from $5,378,360 in fiscal 2025.

FY2026: salary $1,000,000 · bonus $0 · stock awards $3,500,074 · option awards $0

Frequently asked questions

Who was the highest-paid executive at Marzetti Co in fiscal 2026?
As disclosed, David Ciesinski (President and CEO) was the highest-paid executive at Marzetti Co in fiscal 2026, with total compensation of $5,743,331.
How does Marzetti Co's chief executive pay compare to its disclosed peer group?
As disclosed, David Ciesinski's total compensation ranked at the 50th percentile of Marzetti Co's disclosed peer group.
What is Marzetti Co's CEO-to-median employee pay ratio?
As disclosed, Marzetti Co's CEO-to-median employee pay ratio was 102:1.
How much does Marzetti Co spend in total on board compensation for fiscal 2026?
As disclosed, Marzetti Co reported total board compensation of $2,275,441 for fiscal 2026.

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
David Ciesinski$1,000,000$0$3,500,074$0$1,146,750$0$96,507$5,743,331
President and CEO
Thomas Pigott650,0000900,0270483,548051,1112,084,686
Chief Financial Officer, Vice President and Assistant Secretary
Kristin Bird539,0000500,1210350,851045,5601,435,532
President, Foodservice Division
Tanya Berman539,0000500,1210336,703035,2831,411,107
Former President, Retail Division
Luis Viso515,0000500,1210339,735029,8691,384,725
Chief Supply Chain Officer

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 officerFY2026 totalFY2025 totalFY2024 totalΔ FY2025→2026
David Ciesinski$5,743,331$5,378,360$5,415,614↑ +364,971
Thomas Pigott2,084,6862,025,3132,028,938↑ +59,373
Kristin Bird1,435,5321,419,4811,423,277↑ +16,051
Tanya Berman1,411,1071,061,475—↑ +349,632
Luis Viso1,384,7251,339,7371,332,369↑ +44,988

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 executive compensation philosophy is focused on 'pay for performance,' aiming to reward NEOs for attaining market or above-market financial results, achieving strategic goals, and increasing long-term shareholder value. The program is designed to motivate superior financial and operational performance, align executive interests with long-term shareholder value creation, and attract and retain key talent without being overly influenced by short-term stock performance.

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

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Tanya BermanPSU2025-08-12152761—1,522$137,551
Tanya BermanPSU2025-08-12120599—1,198137,536
Tanya BermanRSU2025-08-12——1,245—225,034
Kristin BirdPSU2025-08-12152761—1,522137,551
Kristin BirdPSU2025-08-12120599—1,198137,536
Kristin BirdRSU2025-08-12——1,245—225,034
David CiesinskiPSU2025-08-121,0655,325—10,650962,494
David CiesinskiPSU2025-08-128384,192—8,384962,525
David CiesinskiRSU2025-08-12——8,714—1,575,055
Thomas PigottPSU2025-08-122741,369—2,738247,447
Thomas PigottPSU2025-08-122161,078—2,156247,519
Thomas PigottRSU2025-08-12——2,241—405,061
Luis VisoPSU2025-08-12152761—1,522137,551
Luis VisoPSU2025-08-12120599—1,198137,536
Luis VisoRSU2025-08-12——1,245—225,034

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Tanya Berman$225,034$275,087$055.0%
Kristin Bird225,034275,087055.0%
David Ciesinski1,575,0551,925,019055.0%
Thomas Pigott405,061494,966055.0%
Luis Viso225,034275,087055.0%

% 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 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Tanya BermanPSU272—$31,051
Kristin BirdPSU272—31,051
Luis VisoPSU272—31,051
Thomas PigottPSU490—55,939
Luis VisoPSU686—78,314
Kristin BirdPSU762—86,990
Luis VisoRSU877—100,118
Luis VisoPSU1,026—117,128
Kristin BirdRSU1,035—118,156
Luis VisoRSU1,047—119,526
Kristin BirdRSU1,163—132,768
Kristin BirdPSU1,212—138,362
Thomas PigottPSU1,221—139,389
Tanya BermanRSU1,245—142,129
Kristin BirdRSU1,245—142,129
Luis VisoRSU1,245—142,129
Thomas PigottRSU1,705—194,642
Thomas PigottRSU1,862—212,566
David CiesinskiPSU1,903—217,247
Thomas PigottPSU1,996—227,863
Thomas PigottRSU2,241—255,833
Tanya BermanRSU2,983—340,539
Tanya BermanRSU4,228—482,668
David CiesinskiPSU4,576—522,396
David CiesinskiRSU6,943—792,613
David CiesinskiRSU6,981—796,951
David CiesinskiPSU8,126—927,664
David CiesinskiRSU8,714—994,790
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Alan F. HarrisIndependent · Board Chair · Audit · Nominating and Governance · Executive$192,500$134,988——$2,561$330,049
Robert P. OstryniecIndependent · Audit · Compensation (Chair)132,500134,988——2,561270,049
Barbara L. BrasierIndependent · Audit (Chair) · Compensation117,500134,988——2,561255,049
Elliot K. FullenIndependent · Audit · Nominating and Governance117,500134,988——2,561255,049
Robert L. FoxIndependent · Compensation · Nominating and Governance (Chair) · Executive107,500134,988——2,561245,049
Michael H. KeownIndependent · Compensation · Nominating and Governance97,500134,988——2,561235,049
George F. Knight IIIIndependent · Audit85,000134,988——2,561222,549
Zena Srivatsa ArnoldIndependent75,000134,988——2,561212,549
John B. Gerlach JrNot independent · Executive75,000134,988——2,561212,549
Gregory L. HughesIndependent37,5000——037,500

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$135,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)17,500 / 15,000 / 10,000
Stock ownership guideline$300,000

Total cost of the board

ComponentFY2026
Cash retainers and fees$1,037,500
Equity awards (grant-date value)$1,214,892
All other compensation$23,049
Total cost of the board$2,275,441

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

Peer group, and who names Marzetti as a peer

Companies that benchmark against LANC

6 companies name LANC as a compensation peer

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

Disclosed peer group — fiscal year 2026

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

Peer reciprocity

The companies Marzetti Co 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 Co2023Steve 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 & Company, Incorporated2025Brendan Foley1,139,0848,600,1050720,13010,831,581
5Treehouse Foods, Inc.2024Steven Oakland1,102,0007,069,378008,305,103
6Flowers Foods, Inc.2025A. Ryals McMullian1,041,7305,735,8420733,5247,776,698
7Tootsie Roll Industries, Inc.2025Ellen Gordon999,000———7,150,512
8Marzetti Co2026David Ciesinski1,000,0003,500,07401,146,7505,743,331
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
15Cal-Maine Foods, Inc.2026Sherman Miller627,538502,523002,109,221
—SunOpta 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.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Marzetti Conot disclosedPSU 55 · RSU 45not disclosedPay Governance LLC
B&G Foods, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners
Cal-Maine Foods, Inc.not disclosednot disclosednot disclosedMercer
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 & Company, Incorporated40.4%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
SunOpta Inc.not disclosednot disclosednot disclosednot disclosed
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 disclosedPSU 50 · RSU 50not disclosedMercer
Tootsie Roll Industries, Inc.not disclosednot disclosednot disclosedCompensation Strategies, Inc.
Treehouse Foods, Inc.not disclosedRSU 50 · PSU 50not disclosedPay Governance LLC
Utz Brands, Inc.not disclosedPSU 50 · RSU 50not disclosedF.W. Cook
WK Kellogg Conot 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

No say-on-pay vote is on file for this company.

CEO pay ratio

Ratio (CEO : median employee)102 : 1
CEO total compensation$5,743,331
Median employee compensation$56,395
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (51 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, David Ciesinski. DEF 14A, filed 2026-10-13. Section “Executive Compensation”. As printed: 5,743,331. View filing ↗
  • Section 01, Thomas Pigott. DEF 14A, filed 2026-10-13. Section “Executive Compensation”. As printed: 2,084,686. View filing ↗
  • Section 01, Kristin Bird. DEF 14A, filed 2026-10-13. Section “Executive Compensation”. As printed: 1,435,532. View filing ↗
  • Section 01, Tanya Berman. DEF 14A, filed 2026-10-13. Section “Executive Compensation”. As printed: 1,411,107. View filing ↗
  • Section 01, Luis Viso. DEF 14A, filed 2026-10-13. Section “Executive Compensation”. As printed: 1,384,725. View filing ↗
  • Section 03, Tanya Berman PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Tanya Berman PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Tanya Berman RSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kristin Bird PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kristin Bird PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kristin Bird RSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, David Ciesinski PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, David Ciesinski PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, David Ciesinski RSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Thomas Pigott PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Thomas Pigott PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Thomas Pigott RSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Luis Viso PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Luis Viso PSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Luis Viso RSU. DEF 14A, filed 2026-10-13. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-10-13. Section “CEO Pay Ratio”. As printed: 102 : 1. View filing ↗
  • Section 08, Alan F. Harris. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 330,049. View filing ↗
  • Section 08, Robert P. Ostryniec. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 270,049. View filing ↗
  • Section 08, Barbara L. Brasier. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 255,049. View filing ↗
  • Section 08, Elliot K. Fullen. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 255,049. View filing ↗
  • Section 08, Robert L. Fox. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 245,049. View filing ↗
  • Section 08, Michael H. Keown. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 235,049. View filing ↗
  • Section 08, George F. Knight III. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 222,549. View filing ↗
  • Section 08, Zena Srivatsa Arnold. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 212,549. View filing ↗
  • Section 08, John B. Gerlach Jr. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 212,549. View filing ↗
  • Section 08, Gregory L. Hughes. DEF 14A, filed 2026-10-13. Section “Director Compensation”. As printed: 37,500. 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 1,037,500 + equity 1,214,892 + all other 23,049 = 2,275,441, 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 & Company, Incorporated, Section 10b CEO total. DEF 14A, filed 2026-02-18. CEO total compensation as printed in McCormick & Company, Incorporated's own proxy. As printed: 10,831,581. 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 ↗
  • Tootsie Roll Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Tootsie Roll Industries, Inc.'s own proxy. As printed: 7,150,512. View filing ↗
  • Marzetti Co (subject), Section 10b CEO total. DEF 14A, filed 2026-10-13. CEO total compensation as printed in Marzetti Co's own proxy. As printed: 5,743,331. 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., 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 ↗
  • Cal-Maine Foods, Inc., Section 10b CEO total. DEF 14A, filed 2026-08-18. CEO total compensation as printed in Cal-Maine Foods, Inc.'s own proxy. As printed: 2,109,221. View filing ↗
  • Section 10a, Cal-Maine Foods, Inc. reciprocity. DEF 14A. Cal-Maine Foods, Inc. names Marzetti Co 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 Marzetti Co in its own disclosed peer group (read from its most recent proxy). View filing ↗
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