Companies Tootsie Roll Industries Inc

Tootsie Roll Industries (TR): executive pay, fiscal 2025

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CEO total pay$7,150,512CEO Ellen Gordon · source

Say-on-pay support96.84%Latest vote · source

CEO vs. named peers47th pct.Of 18 peer CEOs

CEO pay ratio96:1To the median employee · source

CEO pay, last three years

$7,289,683FY2023
$7,204,551FY2024
$7,150,512FY2025

CEO total pay was $7,150,512 in fiscal 2025, down from $7,204,551 in fiscal 2024.

FY2025: salary $999,000 · bonus $4,245,000

Executives and directors

Ellen Gordon · CEO G. Howard Ember Jr. · Vice President/Finance Barry Bowen · Treasurer Stephen Green · Vice President/Manufacturing Henry Mills · COO Barre A. Seibert · Director Karen G. Mills · Director Lana Jane Lewis-Brent · Independent Director Michael A. Chodos · Director Paula M. Wardynski · Independent Director Virginia L. Gordon · Director

Frequently asked questions

Who was the highest-paid executive at Tootsie Roll Industries Inc in fiscal 2025?

As disclosed, Ellen Gordon (Chairman and Chief Executive Officer) was the highest-paid executive at Tootsie Roll Industries Inc in fiscal 2025, with total compensation of $7,150,512.

How does Tootsie Roll Industries Inc's chief executive pay compare to its disclosed peer group?

As disclosed, Ellen Gordon's total compensation ranked at the 47th percentile of Tootsie Roll Industries Inc's disclosed peer group.

What is Tootsie Roll Industries Inc's CEO-to-median employee pay ratio?

As disclosed, Tootsie Roll Industries Inc's CEO-to-median employee pay ratio was 96:1.

How did shareholders vote on Tootsie Roll Industries Inc's executive compensation?

As disclosed, 96.84% of shareholders supported Tootsie Roll Industries Inc's executive compensation in the latest say-on-pay vote.

How much does Tootsie Roll Industries Inc spend in total on board compensation for fiscal 2025?

As disclosed, Tootsie Roll Industries Inc reported total board compensation of $1,610,443 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 officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension / NQDC	All other	Total
Ellen Gordon	$999,000	$4,245,000	—	—	—	—	$1,906,512	$7,150,512
Chairman and Chief Executive Officer
G. Howard Ember Jr.	999,000	590,000	—	—	—	—	836,795	2,425,795
Vice President/Finance
Barry Bowen	787,500	307,900	—	—	—	—	374,323	1,469,723
Treasurer
Stephen Green	728,500	282,000	—	—	—	—	335,077	1,345,577
Vice President/Manufacturing
Henry Mills	603,000	259,700	—	—	—	—	293,592	1,156,292
Vice President/Chief Operating 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 officer	FY2025 total	FY2024 total	FY2023 total	Δ FY2024→2025
Ellen Gordon	$7,150,512	$7,204,551	$7,289,683	↓ −54,039
G. Howard Ember Jr.	2,425,795	2,319,776	2,208,154	↑ +106,019
Barry Bowen	1,469,723	1,403,453	1,333,932	↑ +66,270
Stephen Green	1,345,577	1,285,399	1,221,811	↑ +60,178
Henry Mills	1,156,292	1,008,221	831,013	↑ +148,071

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 Company's compensation program is balanced between short-term and long-term incentives, with a heavier weighting on base salary than typical to mitigate excessive risk-taking. The primary focus is providing total compensation competitive with direct competitors, while considering individual and Company performance to determine appropriate levels.

CEO STI target (% of salary)	—
CEO LTI target (% of salary)	—
Independent consultant	Compensation Strategies, Inc.
Clawback policy	true
Anti-hedging	true
Anti-pledging	false

Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

No outstanding equity awards are on file for this fiscal year.

Director compensation

Director	Cash fees	Stock awards	Option awards	Non-equity incentive	All other	Total
Karen G. MillsEmployee director · Newly elected	$0	$0	—	—	$1,010,443	$1,010,443
Paula M. WardynskiIndependent	160,000	—	—	—	2,000	162,000
Lana Jane Lewis-BrentIndependent	150,000	—	—	—	0	150,000
Michael A. ChodosNewly elected	140,740	—	—	—	0	140,740
Virginia L. GordonNot independent	138,000	—	—	—	0	138,000
Barre A. Seibert	9,260	—	—	—	0	9,260
Ellen R. GordonEmployee director · Board Chair	—	—	—	—	—	0

Board fee structure and ownership guideline

Annual cash retainer	$130,000
Annual equity retainer	—
Per board meeting fee	$2,000
Committee chair fees (audit / comp / nom-gov)	20,000
Stock ownership guideline	—

Total cost of the board

Component	FY2025
Cash retainers and fees	$598,000
Equity awards (grant-date value)	$0
All other compensation	$1,012,443
Total cost of the board	$1,610,443

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

Peer group, and who names Tootsie Roll Industries as a peer

Companies that benchmark against TR

8 companies name TR as a compensation peer

Each company listed discloses TR 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 TR 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 2025

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

MKC McCormick & Co., Inc.K KellanovaPOST Post Holdings, Inc.JJSF J & J Snack Foods Corp.MZTI Marzetti CompanyFLO Flowers Foods, Inc.FARM Farmer Brothers Co.THS TreeHouse Foods, Inc.NATR Nature's Sunshine Products, Inc.CPB Campbell Soup CompanyGIS General Mills, Inc.HAIN Hain Celestial Group, Inc.BGS B&G Foods, Inc. Seneca Foods CorporationHSY The Hershey CompanySMPL The Simply Good Foods CompanyJBSS John B. Sanfilippo & Son, Inc.SJM The J.M. Smucker Company

Peer reciprocity

The companies Tootsie Roll Industries Inc names as compensation peers that name it back in their own disclosed peer groups.

Marzetti Company (MZTI)³⁷The Simply Good Foods Company (SMPL)³⁸John B. Sanfilippo & Son, Inc. (JBSS)³⁹

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	Kellanova	2023	Steve Cahillane	$1,338,462	$10,995,985	$1,524,318	$2,829,600	$17,038,641
2	The Hershey Company	2025	Kirk Tanner	456,731	14,674,113	0	1,358,052	16,806,399
3	Post Holdings, Inc.	2025	Robert Vitale	1,281,250	14,811,295	0	0	16,621,445
4	General Mills, Inc.	2026	Jeffrey Harmening	1,350,000	7,326,405	2,279,973	1,404,540	14,018,052
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 & Co., Inc.	2025	Brendan Foley	1,139,084	8,600,105	0	720,130	10,831,581
8	TreeHouse Foods, Inc.	2024	Steven Oakland	1,102,000	7,069,378	0	0	8,305,103
9	Flowers Foods, Inc.	2025	A. Ryals McMullian	1,041,730	5,735,842	0	733,524	7,776,698
10	Tootsie Roll Industries Inc	2025	Ellen Gordon	999,000	—	—	—	7,150,512
11	Marzetti Company	2026	David Ciesinski	1,000,000	3,500,074	0	1,146,750	5,743,331
12	John B. Sanfilippo & Son, Inc.	2026	Jeffrey Sanfilippo	985,470	1,687,431	0	1,841,863	5,326,942
13	B&G Foods, Inc.	2025	Kenneth Keller	1,224,258	2,625,864	0	710,437	4,589,619
14	Hain Celestial Group, Inc.	2025	Wendy Davidson	789,808	3,530,682	0	0	4,546,417
15	The Simply Good Foods Company	2025	Geoff Tanner	816,667	2,747,758	—	748,000	4,330,633
16	J & J Snack Foods Corp.	2025	Daniel Fachner	1,021,923	2,059,974	0	834,300	3,978,648
17	Nature's Sunshine Products, Inc.	2025	Ken Romanzi	107,885	3,600,562	0	147,836	3,863,880
18	Farmer Brothers Co.	2024	John Moore III	346,538	1,499,296	0	0	1,945,920

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
Tootsie Roll Industries Inc	not disclosed	not disclosed	not disclosed	Compensation Strategies, Inc.
B&G Foods, Inc.	not disclosed	not disclosed	not disclosed	Meridian Compensation Partners
Campbell Soup Company	not disclosed	PSU 60 · RSU 40	Yes — Relative TSR	FW Cook
Farmer Brothers Co.	not disclosed	RSU 50 · PBRSU 50	not disclosed	Meridian Compensation Partners, LLC
Flowers Foods, Inc.	56.3%	PSU 70 · RSU 30	Yes — TSR vs. Peer Group	Meridian Compensation Partners, LLC
General Mills, Inc.	58%	PSU 50 · RSU 25 · Option 25	Yes — Relative TSR Modifier	FW Cook
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
J & J Snack Foods Corp.	not disclosed	not disclosed	not disclosed	not disclosed
John B. Sanfilippo & Son, Inc.	158.1%	RSU 80 · PSU 20	No	Pearl Meyer & Partners, LLC
Kellanova	not disclosed	PSU 75 · RSU 25	No	Semler Brossy Consulting Group
Marzetti Company	91.7%	PSU 55 · RSU 45	Yes — Relative total shareholder return (“rTSR”) versus the S&P 1500 Packaged Foods & Meats Index	Pay Governance LLC
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)
Nature's Sunshine Products, Inc.	not disclosed	not disclosed	not disclosed	Fredric W. Cook & Co., Inc. (F.W. Cook)
Post Holdings, Inc.	124.4%	PSU 50 · RSU 50	Yes — Negative three-year TSR	Aon
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
The Simply Good Foods Company	not disclosed	not disclosed	not disclosed	Mercer
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	2026-05-06	334,324,217	10,913,870	154,307	96.84%	Passed
2023	2023-05-01	305,626,468	11,309,543	81,702	96.43%	Passed
2020	2020-08-31	281,138,040	9,164,031	104,472	96.84%	Passed
2017	2017-05-01	259,766,582	7,428,480	—	97.22%	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	2026-05-06	96.84%^a
2023	2023-05-01	96.43%^b
2020	2020-08-31	96.84%^c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

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.

CEO pay ratio

Ratio (CEO : median employee)	96 : 1
CEO total compensation	$7,158,238
Median employee compensation	$74,309

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (39 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, Ellen Gordon. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 7,150,512. View filing ↗
Section 01, G. Howard Ember Jr.. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 2,425,795. View filing ↗
Section 01, Barry Bowen. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 1,469,723. View filing ↗
Section 01, Stephen Green. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 1,345,577. View filing ↗
Section 01, Henry Mills. DEF 14A, filed 2026-03-27. Section “Executive Compensation”. As printed: 1,156,292. View filing ↗
Section 07, pay ratio. DEF 14A, filed 2026-03-27. Section “CEO Pay Ratio”. As printed: 96 : 1. View filing ↗
Section 08, Karen G. Mills. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 1,010,443. View filing ↗
Section 08, Paula M. Wardynski. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 162,000. View filing ↗
Section 08, Lana Jane Lewis-Brent. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 150,000. View filing ↗
Section 08, Michael A. Chodos. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 140,740. View filing ↗
Section 08, Virginia L. Gordon. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 138,000. View filing ↗
Section 08, Barre A. Seibert. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 9,260. View filing ↗
Section 08, Ellen R. Gordon. DEF 14A, filed 2026-03-27. Section “Director Compensation”. As printed: 0. View filing ↗
Section 06, 2026 vote. Form 8-K, filed 2026-05-11. Item 5.07 · say-on-pay result. As reported: 96.84% (votes for as printed: 334,324,217). View filing ↗
Section 06, 2023 vote. Form 8-K, filed 2023-05-04. Item 5.07 · say-on-pay result. As reported: 96.43% (votes for as printed: 305,626,468). View filing ↗
Section 06, 2020 vote. Form 8-K, filed 2020-09-08. Item 5.07 · say-on-pay result. As reported: 96.84% (votes for as printed: 281,138,040). 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 598,000 + equity 0 + all other 1,012,443 = 1,610,443, summed across the director compensation table rows.
Kellanova, Section 10b CEO total. DEF 14A, filed 2024-03-04. CEO total compensation as printed in Kellanova's own proxy. As printed: 17,038,641. View filing ↗
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 ↗
General Mills, Inc., Section 10b CEO total. DEF 14A, filed 2026-08-13. CEO total compensation as printed in General Mills, Inc.'s own proxy. As printed: 14,018,052. 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 & 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 ↗
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 (subject), 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 Company, Section 10b CEO total. DEF 14A, filed 2026-10-13. CEO total compensation as printed in Marzetti Company'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 ↗
Hain Celestial Group, Inc., Section 10b CEO total. DEF 14A, filed 2025-09-18. CEO total compensation as printed in Hain Celestial Group, Inc.'s own proxy. As printed: 4,546,417. 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 ↗
Nature's Sunshine Products, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Nature's Sunshine Products, Inc.'s own proxy. As printed: 3,863,880. View filing ↗
Farmer Brothers Co., Section 10b CEO total. DEF 14A, filed 2024-12-23. CEO total compensation as printed in Farmer Brothers Co.'s own proxy. As printed: 1,945,920. View filing ↗
Section 10a, Marzetti Company reciprocity. DEF 14A. Marzetti Company names Tootsie Roll Industries Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
Section 10a, The Simply Good Foods Company reciprocity. DEF 14A. The Simply Good Foods Company names Tootsie Roll Industries 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 Tootsie Roll Industries Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗