Marzetti (MZTI) executive compensation, 2025 proxy

David A. Ciesinski, President and CEO, was paid $5.4M in 2025, down 1% from $5.4M the year before. The CEO-to-median-employee pay ratio was 102:1, on median employee pay of $52,692.

Filed
October 20, 2025
Annual meeting
November 19, 2025
Pay year
2025
Named executives
6
CEO total pay
$5.4M-1% vs prior year
CEO to median employee
102:1median $52,692
CEO pay in equity
56%$3M in awards
CEO equity maximum
$3,300,111PSU maximum-performance valuation
Average non-PEO pay
$1,666,4002025 Summary Compensation Table average
CEO compensation actually paid
$4,160,095SEC prescribed calculation
AIP threshold payout
20%
AIP maximum payout
200%

How Ciesinski was paid

$5.4M 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.

Salary18%Stock awards56%Non-equity incentive24%All other compensation2%

Named executive officers

ExecutiveTotal
David A. CiesinskiPresident and CEO$5,378,360
Thomas K. PigottChief Financial Officer, Vice President and Assistant Secretary$2,025,313
Tanya BermanPresident, Retail Division$1,061,475
Kristin J. BirdPresident, Foodservice Division$1,419,481
Carl R. StealeyFormer President, Retail Division$2,485,993
Luis VisoChief Supply Chain Officer$1,339,737

What changed and why

  • $5.4M$5,378,360 was CEO total compensation in 2025, compared with $5,415,614 in fiscal 2024.
  • $3M$3,000,112 in CEO stock awards and $1,292,363 in non-equity incentives comprised major 2025 compensation components.
  • 20%20% at threshold and 200% at maximum were the stated payout levels under the annual incentive plan.
  • Net sales, operating income and personal performance goals determined annual cash incentive targets.
  • $207K$206,804 in relocation reimbursements was paid to newly appointed executive Tanya Berman.
  • $1.2M$1,190,171 in severance benefits was paid to former Retail Division President Carl Stealey.

Other Marzetti proxy statements

  • 2026 proxy statement

    David A. Ciesinski paid $5.7M (+7% on the year), pay ratio 102:1.

    Filed Oct 13, 2026

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.