Sherman L. Miller has been the President and CEO of Cal-Maine Foods since September 2022. He has been with the company since 1996, climbing the ranks over the years. His deep experience with operations is key to running one of...

Current Market Cap

$4.67B

Number of Employees

3.07K

Total Compensation

2022 - 2023

Trending up by 69.97% last year
Showing total compensation for the last 2022 - 2023

Stock

Up by 0.00% last year

Salary

Up by 19.40% last year

Bonus

Up by 92.38% last year

Other

Up by 728.17% last year

Year

2023

Total Compensation

$984.14K

Salary

$370.83K

Board Justification

The compensation philosophy aims to attract and retain talent while aligning executive compensation with the Company's performance and shareholder interests.

Bonus

$487.12K

Board Justification

The annual cash bonus is a variable, at-risk component of compensation designed to reward officers for maximizing annual Company performance, with a focus on profitability.

Other

$126.19K

Board Justification

Includes contributions to the KSOP, housing allowance, and other perquisites.

Restricted Stock

$0.00(0 RSAs)

Board Justification

No stock awards vested in 2023 as the RSAs vest fully on the third anniversary of the date of grant, which is January 12, 2027.

Performance Metrics

The primary performance metrics include Company profitability and individual performance evaluations.

SEC Filing

From August 22, 2024

Sherman L. Miller

CEO of Cal-Maine Foods

C

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1974 - 50 years ago

Is Founder?

No

Current Tenure

2 years 1 month (Sep 2022 - Present)

Previous Experience

President since 2018; Chief Operations Officer since 2011; member of the Board since 2012; served in various positions of increasing responsibility in operations since joining in 1996.