Seaboard (SEB) executive compensation, 2026 proxy

Robert L. Steer, President, Chief Executive Officer, was paid $7M in 2025, up 13% from $6.2M the year before. The CEO-to-median-employee pay ratio was 154:1, on median employee pay of $45,429.

Filed
March 6, 2026
Annual meeting
April 20, 2026
Pay year
2025
Named executives
5
CEO total pay
$7M+13% vs prior year
CEO to median employee
154:1median $45,429
CEO Total Compensation
$7,003,834For fiscal 2025
CEO Base Salary
$1,179,000For fiscal 2025
CEO Bonus
$3,500,000For fiscal 2025
Pay Ratio
154:1CEO to median employee
Median Employee Pay
$45,429Annual total compensation

How Steer was paid

$7M 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.

Salary17%Bonus50%Pension and deferred comp29%All other compensation4%

Named executive officers

ExecutiveTotal
Robert L. SteerPresident, Chief Executive Officer$7,003,834
David H. RankinExecutive Vice President, Chief Financial Officer$1,877,384
Edward A. GonzalezPresident, Seaboard Marine Ltd.$3,109,712
Jacob A. BreskyPresident, Seaboard Overseas Trading Group$1,604,362
Chad M. GrovesPresident, Seaboard Foods LLC$1,589,077

What changed and why

  • $7MCEO Robert L. Steer received total compensation of $7,003,834 in 2025, representing an increase from $6,183,621 in 2024.
  • $1.2MRobert L. Steer's base salary for 2025 was $1,179,000 alongside a bonus of $3,500,000.
  • $45,429,The median employee annual total compensation was $45,429, resulting in a CEO to median employee pay ratio of 154 to 1.
  • $2.1MRobert L. Steer's pension value and non-qualified deferred compensation earnings increased by $2,052,795 in 2025.
  • Chad M. Groves was appointed President of Seaboard Foods LLC on July 1, 2024.

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.