Fabio Sandri is the Chief Executive Officer of Pilgrim's Pride Corporation, a position he has held since September 2020 after serving as the Chief Financial Officer since 2011. He brings a strong background in finance with a master's degree from...

Fabio Sandri is the Chief Executive Officer of Pilgrim's Pride Corporation, a position he has held since September 2020 after serving as the Chief Financial Officer since 2011. He brings a strong background in finance with a master's degree from the Wharton School and a degree in electrical engineering from his home country, Brazil. Sandri took over as CEO during a crucial time for the company, which is a major player in the poultry industry. Under his leadership, Pilgrim's Pride has focused on improving financial performance, emphasizing metrics like profit before tax margin. In 2023, he earned a total compensation of about $1.97 million, including a significant cash bonus linked to his performance targets. Interestingly, his pay structure is heavily performance-based, which aligns his interests with the company's success. Sandri has also been active in stock trading related to Pilgrim's Pride, making notable trades in 2019, where his holdings fluctuated from around $10 million to as low as $5.97 million during market dips. This reflects his commitment to the company's growth and his personal investment in its future.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Pilgrim's Pride Corporation CEOs

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Fabio Sandri

CEO of Pilgrim's Pride Corporation

Education

Masters in Business Administration from Wharton School, University of Pennsylvania; degree in electrical engineering from Escola Politécnica da Universidade de São Paulo.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Defensive

CEO of Pilgrim's Pride Corporation for

4 years 6 months (Sep 2020 - Present)

Previous Experience

Chief Financial Officer since June 2011; Interim President and Chief Executive Officer since June 2020; previous roles in financial leadership at Estacio Participações, Imbra SA, and Braskem S.A.

Rivals

Competitors/colleagues of Fabio Sandri

Holdings

See how much did Fabio Sandri make over time.

Fabio Sandri's investments in Pilgrim's Pride have seen significant fluctuations. In late 2019, his holdings peaked around $10.6 million and fluctuated through early 2020, reflecting market volatility. His investments dipped to around $5.97 million by September 2020, illustrating the challenges...

Fabio Sandri's investments in Pilgrim's Pride have seen significant fluctuations. In late 2019, his holdings peaked around $10.6 million and fluctuated through early 2020, reflecting market volatility. His investments dipped to around $5.97 million by September 2020, illustrating the challenges during that period. As CEO, his ownership stake aligns closely with his leadership decisions, reflecting commitment to the company's success. As of late 2022, his investments rebounded, stabilizing around $11 million, indicating regained confidence in the poultry sector and the company's performance. The substantial trades he made at various peaks and troughs signal a strategic approach to investing in line with his role at Pilgrim's Pride.

Mar 18, 2025

P

shares

PPC @ $49.67

Total Stock Sold

$18.04M

PPC

$18.04M

592,613 PPC shares

What if they kept their stock?

If Fabio Sandri didn't sell their stock, today they would have:
Extra PPC592,613 shares worth $11.38M.
This is -36.88% and $6.65M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Fabio Sandri.

PPC

$2.00M

PPC at $54.62/share

Mar 7, 2025

Received

PPC

63,057 shares

PPC

Feb 12, 2025

Received

PPC

$2.89M

PPC at $44.50/share

Aug 6, 2024

Sale

PPC

187,500 shares

PPC

Jul 1, 2024

Received

PPC

$1.33M

PPC at $33.32/share

Mar 14, 2024

Sale

PPC

48,954 shares

PPC

Feb 20, 2024

Received

PPC

$298.02K

PPC at $24.36/share

Feb 16, 2023

Sale

PPC

$1.01M

PPC at $30.06/share

Aug 22, 2022

Sale

PPC

$2.68M

PPC at $34.42/share

Jun 6, 2022

Sale

PPC

$4.85M

PPC at $28.39/share

May 5, 2022

Sale

Compensation History

See how much did Fabio Sandri make over time.

Fabio Sandri has a distinct compensation package, heavily tied to Pilgrim's Pride's performance. In 2023, he earned around $1.97 million, which includes a base salary of $942,308 and a substantial bonus of $1 million tied to the company's financial targets. This performance-based structure means that his earnings can vary significantly based on company performance, aligning his interests with those of the shareholders. In the previous years, his compensation has seen ups and downs, with total earnings reaching over $8 million in 2021. Sandri's approach emphasizes accountability and results in line with the company's strategy, making it clear that his financial success is closely linked to how well Pilgrim's Pride performs in the competitive poultry market.

Year

2023

Total Compensation

$1.96M

Salary

$942.31K

Board Justification

The compensation philosophy is designed to align executive pay with performance, with a significant portion of total compensation being performance-based and tied to the company's financial objectives.

Bonus

$1.00M

Board Justification

Annual cash bonus pursuant to the Short-Term Management Incentive Plan (STIP) based on performance metrics for fiscal year 2023.

Other

$22.10K

Board Justification

Includes group-term life insurance, long-term disability premium, company 401(k) match, and deferred compensation plan contributions.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023 as the stock awards are performance-based and will vest ratably over a three-year service period starting in 2024.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 were based on income before taxes as a percentage of net revenues (PBT Margin).

Other Pilgrim's Pride Corporation CEOs

Here are other CEOs of Pilgrim's Pride Corporation

Jayson Penn

Ex-CEO of Pilgrim's Pride Corporation

February 2017 - September 2020