Sundar PichaiSundar Pichai earned $164M in 2023
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David J. Colo

Ex-CEO of MGP Ingredients

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1963 - 62 years ago

Economy Sector

Consumer Defensive

Tenure

3 years 7 months (May 2020 - Jan 2024)

Previous Experience

President and Chief Executive Officer of SunOpta, Inc., Executive Vice President and Chief Operating Officer of Diamond Foods, Inc.

David J. Colo, born in 1963, has been a driving force at MGP Ingredients since 2020. Before stepping into the role of CEO and President, he held significant positions at companies like Diamond Foods and SunOpta, showcasing his expertise in...

Year

2022

Total Compensation

$3.23M

Salary

$767.00K

Board Justification

The compensation program aims to align compensation with business objectives and stockholder interests, rewarding performance and ensuring competitiveness.

Bonus

$1.69M

Board Justification

Pursuant to the terms of the Colo Retirement Agreement, Mr. Colo remained eligible to receive a payout of his STI award for the 2023 performance year.

Other

$30.26K

Board Justification

Includes Company contributions to 401(k) plan accounts and an automobile allowance of $6,000.

Restricted Stock

$747.92K(8K RSU)

Board Justification

RSUs that vested in 2023 based on performance metrics for the year 2022.

Performance Metrics

Adjusted Operating Income, Adjusted EBITDA, and Adjusted Basic EPS.