J. Clinton Rivers served as the President and CEO of Pilgrim's Pride Corporation from March 2008 until January 2010. His journey in the company started much earlier; he joined them in 1986 as a Quality Assurance Manager. Over the years,...

Current Market Cap

$11.40B

Number of Employees

61.2K

Total Compensation

2009 - 2010

Trending up by 276.21% last year
Showing total compensation for the last 2009 - 2010

Stock

Up by 0.00% last year

Salary

Up by 237.66% last year

Bonus

Up by 0.00% last year

Other

Down by -100.00% last year

Year

2010

Total Compensation

$2.92M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to attract key leaders, motivate executives to remain with the company, reward sustained financial and operating performance, and align the long-term interests of executives with those of stockholders.

Bonus

$500.00K

Board Justification

Guaranteed bonus for 2011 as part of the Lovette Employment Agreement, regardless of company performance.

Other

$0.00

Board Justification

Restricted Stock

$1.42M(200K restricted stock)

Board Justification

200,000 restricted shares of Pilgrim's Pride common stock awarded as part of the Lovette Employment Agreement, with 50% vesting on January 14, 2013 and the remaining 50% vesting on January 14, 2014, subject to continued employment.

Performance Metrics

The performance metrics for the bonus are based on the company's EBITDA.

SEC Filing

From March 25, 2011

J. Clinton Rivers

Ex-CEO of Pilgrim's Pride Corporation

JC

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1959 - 65 years ago

Is Founder?

No

Tenure

1 year 9 months (Mar 2008 - Jan 2010)

Previous Experience

Chief Operating Officer of the Company since October 2004; Executive Vice President of Prepared Foods Operations from November 2002 to October 2004; Senior Vice President of Prepared Foods Operations from 1999 to November 2002; Vice President of Prepared Foods Operations from 1992 to 1999; Plant Manager of the Mount Pleasant, Texas Production Facility from 1989 to 1992; joined Pilgrim's Pride in 1986 as Quality Assurance Manager; held positions at Perdue Farms and Golden West Foods.

View Holdings

Insider Holdings of J. Clinton Rivers

$72.75K

$11.91K (19.57%)