J M Smucker (SJM) executive compensation, 2026 proxy

Mark Smucker, Chief Executive Officer, President and Chair of the Board, was paid $10.9M in fiscal Year 2026, flat from $11M the year before. The CEO-to-median-employee pay ratio was 141:1, on median employee pay of $77,698.

Filed
June 26, 2026
Annual meeting
August 12, 2026
Pay year
fiscal Year 2026
Named executives
6
CEO total pay
$10.9Mflat vs prior year
CEO to median employee
141:1median $77,698
CEO pay in equity
57%$6.3M in awards
Prior say-on-pay support
93%of votes cast
Median employee pay
$77,698Used for fiscal 2026 ratio
CEO pay ratio
141:1CEO versus median employee
Variable target pay
75%-88%Tied to performance
Performance-unit weighting
60%Of long-term incentives

How Smucker was paid

$10.9M in total for fiscal Year 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary11%Bonus0%Stock awards59%Non-equity incentive14%Pension and deferred comp12%All other compensation4%

Named executive officers

ExecutiveTotal
Mark SmuckerChief Executive Officer, President and Chair of the Board$10,935,216
Tucker MarshallChief Financial Officer | EVP, Frozen Handheld and Spreads and Sweet Baked Snacks$3,528,073
John BraseFormer President and Chief Operating Officer$4,922,157
Robert FergusonChief Product Supply Officer | EVP, Coffee, Pet, and Away from Home$3,309,947
Jeannette KnudsenChief Legal Officer and Secretary$2,662,242
Jill PenroseChief People and Administrative Officer | Chief of Staff$2,517,958

What changed and why

  • $10.9M$10.9M CEO total compensation in fiscal 2026, down from $11.0M in fiscal 2025.
  • 75%75%-88% of target principal compensation was variable and tied to financial and strategic performance.
  • 60%60% of long-term incentive weighting was delivered through performance units.
  • $4.0M$4.0M special restricted stock award to John Brase was forfeited upon his separation.
  • $2.5M$2.5M special restricted stock award to Tucker Marshall supports continuity in a challenging operating environment.
  • 93%93% of votes cast supported the fiscal 2025 say-on-pay proposal.

Other J M Smucker proxy statements

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.