Adolphus B. Baker has been a key player in the egg industry since he joined Cal-Maine Foods in 1986. He worked his way up from an assistant position to become the President and CEO in 2010. Under his leadership, Cal-Maine...

Current Market Cap

$4.61B

Number of Employees

3.07K

Total Compensation

2018 - 2022

Trending down by -15.16% last year
Showing total compensation for the last 2018 - 2022

Stock

Down by -63.72% last year

Salary

Up by 7.16% last year

Bonus

Up by 14.15% last year

Other

Down by -49.74% last year

Year

2022

Total Compensation

$985.23K

Salary

$487.06K

Board Justification

The company aims to compensate employees at a level that rewards performance, minimizes turnover, and attracts talent, with a focus on aligning executive compensation with company performance.

Bonus

$326.10K

Board Justification

The annual bonus program is a variable, at-risk component of compensation designed to reward these officers for maximizing annual Company performance. Mr. Baker's annual bonus reflects the realignment of responsibilities.

Other

$69.39K

Board Justification

Includes auto allowance, medical reimbursement, and other perquisites.

Restricted Stock

$102.68K(1.9K RSAs)

Board Justification

Restricted stock awards (RSAs) granted on January 13, 2023, vesting fully on the third anniversary of the date of grant, conditioned upon remaining employed by the Company.

Performance Metrics

The annual bonus is primarily based on the company's profitability.

SEC Filing

From August 22, 2023

Adolphus B. Baker

Ex-CEO of Cal-Maine Foods

AB

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1968 - 56 years ago

Is Founder?

No

Tenure

11 years 11 months (Oct 2010 - Sep 2022)

Previous Experience

President and Chief Operating Officer of the Company since January 1997; Vice President and Director of Marketing of the Company; Assistant to the President since 1987; employed by the Company since 1986; director of the Company since 1991.