MGP Ingredients (MGPI) executive compensation, 2026 proxy

Julie M. Francis, President and Chief Executive Officer, was paid $5M in 2025. The CEO-to-median-employee pay ratio was 70:1, on median employee pay of $85,345.

Filed
April 9, 2026
Annual meeting
May 13, 2026
Pay year
2025
Named executives
4
CEO total pay
$5M2025
CEO to median employee
70:1median $85,345
CEO pay in equity
79%$4M in awards
Prior say-on-pay support
98%of votes cast
CEO Base Salary
$900,000Annualized under Francis Offer Letter
CEO Sign-on Bonus
$100,000Cash bonus paid upon hiring
Interim CEO Bonus
$100,000Paid to Mr. Gall for interim service
PSU Payout Percentage
95%Based on 2025 performance period

How Francis was paid

$5M 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.

Salary8%Bonus2%Stock awards46%Option awards33%Non-equity incentive8%All other compensation3%

Named executive officers

ExecutiveTotal
Julie M. FrancisPresident and Chief Executive Officer$4,980,533
Brandon M. GallChief Financial Officer and Treasurer$2,205,993
Erika LapishFormer Chief Human Resources Officer$648,819
Amel PasagicFormer Chief Commercial Officer$832,885

What changed and why

  • Julie M. Francis was appointed President and Chief Executive Officer effective July 21, 2025.
  • $5MTotal compensation for CEO Julie M. Francis reached $4,980,533 for fiscal year 2025.
  • Brandon M. Gall served as Interim President and Chief Executive Officer from January 1 to July 20, 2025.
  • 98%Stockholders strongly supported executive compensation with more than 98 percent voting in favor of the say-on-pay proposal.

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.