How Keebler was paid
$3.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Jeffrey M. KeeblerChairman, President and Chief Executive Officer (PEO) | $795,833 | $1,402,881 | $865,920 | $531,180 | $17,694 | $3,613,508 |
| Jared J. BushekVice President, Chief Financial Officer and Treasurer (PFO) | $420,868 | $582,316 | $345,044 | $3,222 | $113,434 | $1,464,884 |
| Cari Anne RenlundVice President , General Counsel and Secretary | $413,180 | $273,183 | $270,607 | — | $102,953 | $1,059,923 |
| Lynn K. HobbieFormer Executive Vice President | $389,012 | $214,485 | $220,588 | $28,376 | $58,427 | $910,888 |
| James J. LorenzVice President, Energy Operations | $328,631 | $219,156 | $195,382 | $185,188 | $58,846 | $987,203 |
What changed and why
- $3.6MJeffrey M. Keebler received total compensation of $3,613,508 for fiscal 2025, an increase from $2,126,131 in 2024.
- The increase in CEO total compensation was significantly impacted by a higher change in pension value due to discount rate changes.
- $142KThe ratio of the CEO annual total compensation to the median employee total compensation was 25.5 to 1 based on median employee pay of $141,512.
- 95%The Company received approximately 95% support for its say-on-pay vote at the 2025 Annual Meeting of Shareholders.
- Long-term incentives were granted in the form of performance share units and time-based restricted stock units under the 2021 LTI Plan.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.