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Kellanova Executive Compensation (FY23)

K · Executive and director compensation, fiscal 2022 to 2023

The paid brief on Kellanova

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 10, 2026Latest filing (8-K): May 1, 2024
6 filings cited on this page
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Kellanova brief$1,500Get the executive brief
214 figures on this page: 209 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
Chief executive, fiscal 2023
◇
Steve Cahillane
Median of the other named officers
$4,882,692
5 officers, excluding the chief executive
Latest say-on-pay support
=
April 26, 2024
Chief executive pay ratio
◇
To the median employee

More on Kellanova

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2022 to fiscal 2023
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Steve Cahillane: $13,263,040 → $17,038,641 (28.5% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Kellanova's chief executive and what were they paid?
Steve Cahillane, Chairman, President and Chief Executive Officer, received $17,038,641 in total compensation for fiscal 2023. Cahillane's total was 28.5% higher than the $13,263,040 reported for fiscal 2022.
What was Kellanova's say-on-pay result?
For fiscal 2023, shareholders backed the say-on-pay proposal with 94.8% of votes cast for or against in favor at the meeting held April 26, 2024.
Which companies are in Kellanova's peer group?
The disclosed peer group includes Church & Dwight, Colgate-Palmolive Co., Hormel Foods Corporation, Keurig Dr. Pepper Inc. and Kimberly-Clark Corporation, among others. The Compensation Peer Group includes Church & Dwight, Colgate-Palmolive Co., Hormel Foods Corporation, Keurig Dr. Pepper Inc. and Kimberly-Clark Corporation, among others. The Performance Peer Group names Campbell Soup Co., ConAgra Brands, Inc., General Mills, Inc., McCormick & Company, Inc. and Mondelēz International, Inc., among others.
What is Kellanova's chief executive pay ratio?
For fiscal 2023, the company reported a chief executive pay ratio of 322:1, against median employee compensation of $52,936.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Cahillane
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Chris Hood
Senior Vice President & President, Kellanova North America
◇—◇—◇—◇◇
Amit Banati
Vice Chairman and Chief Financial Officer
◇—◇—◇—◇◇
Gary Pilnick
Former Vice Chairman and Chief Legal Officer
◇—◇—◇—◇◇
David Lawlor
Senior Vice President & President, Kellanova Europe
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steve Cahillane
Chairman, President and Chief Executive Officer
◇—◇◇◇—◇◇
Amit Banati
Vice Chairman and Chief Financial Officer
◇—◇◇◇—◇◇
Chris Hood
Senior Vice President & President, Kellanova North America
◇—◇◇◇—◇◇
Gary Pilnick
Former Vice Chairman and Chief Legal Officer
Departed during or after this year
◇—◇◇◇◇◇◇
David Lawlor
Senior Vice President & President, Kellanova Europe
◇—◇◇◇◇◇◇
Shumit Kapoor
Senior Vice President & President, Kellanova AMEA
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2023
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Amit BanatiPSU◇◇◇—◇—◇
Chris HoodPSU◇◇◇—◇—◇
David LawlorPSU◇◇◇—◇—◇
Gary PilnickPSU◇◇◇—◇—◇
Shumit KapoorPSU◇◇◇—◇—◇
Steve CahillanePSU◇◇◇—◇—◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2023 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Gary PilnickOption◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
Amit BanatiOption◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Steve CahillaneOption◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
David LawlorRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇—
Shumit KapoorRSU◇◇——
RSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
Chris HoodRSU◇◇——
Option◇—◇—
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2023
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Donald Knauss
Lead independent director
◇◇————◇
Stephanie A. Burns
◇◇————◇
Mary Laschinger
◇◇————◇
Zack Gund
◇◇————◇
La June Montgomery Tabron
◇◇————◇
Carter Cast
◇◇————◇
Rod Gillum
◇◇————◇
Mike Schlotman
◇◇————◇
Carolyn Tastad
◇◇————◇
Erica Mann
◇◇————◇
Rick Dreiling
◇————◇◇
Steve Cahillane served on the board in fiscal 2023 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as deferred stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
  • Church & Dwight CHD
  • Colgate-Palmolive Co. CL
  • Hormel Foods Corporation HRL
  • Keurig Dr. Pepper Inc. KDP
  • Kimberly-Clark Corporation KMB
  • McDonald's Corporation MCD
  • Starbucks SBUX
  • The Clorox Company CLX
  • The Estee Lauder Cos., Inc. symbol not shown
  • Whirlpool Corporation WHR
  • YUM! Brands, Inc. YUM
Compensation Peer Group
  • Church & Dwight CHD
  • Colgate-Palmolive Co. CL
  • Hormel Foods Corporation HRL
  • Keurig Dr. Pepper Inc. KDP
  • Kimberly-Clark Corporation KMB
  • McDonald’s Corporation MCD
  • Starbucks SBUX
  • The Clorox Company CLX
  • The Estee Lauder Cos., Inc. EL
  • Whirlpool Corporation WHR
  • YUM! Brands, Inc. YUM
Performance Peer Group
  • Campbell Soup Co. CPB
  • ConAgra Brands, Inc. CAG
  • General Mills, Inc. GIS
  • McCormick & Company, Inc. MKC
  • Mondelēz International, Inc. MDLZ
  • PepsiCo Inc. PEP
  • Post Holdings POST
  • The Hershey Company HSY
  • The J.M. Smucker Company SJM
  • The Kraft Heinz Company KHC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2023April 26, 2024=◇◇◇
2022April 28, 2023=◇◇◇
2021April 29, 2022=◇◇◇
2020April 30, 2021=◇◇◇
2019April 24, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Kellanova disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Kellanova sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
214 figures on this page: 209 cited to the filing that reported them, 5 calculated from figures it prints.
209 cited to the filing
5 calculated from the filing

Documents cited

  1. 0000055067-24-000025
    Item 5.07. Submission of Matters to a Vote of Security Holders.
  2. 0000055067-24-000010
    2023 Director Compensation and Benefits · CEO Pay Ratio · Grant of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year-End Table · and 1 more section
  3. 0001628280-23-014868
    Item 5.07. Submission of Matters to a Vote of Security Holders.
  4. 0001628280-22-011991
  5. 0001628280-21-009313
  6. 0001628280-20-005845
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Kellanova executive compensation, FY2022–FY2023.” https://intel.velarion.ai/comp/K (accessed 2026).
Short form: data: Velarion

The paid brief for Kellanova

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
6 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Kellanova discloses

The companies named in K's own disclosed peer group.

Church & DwightColgate-Palmolive Co.Hormel Foods CorporationKeurig Dr. Pepper Inc.Kimberly-Clark CorporationMcDonald's CorporationStarbucksThe Clorox CompanyWhirlpool CorporationYUM! Brands, Inc.The Estee Lauder Cos., Inc.Campbell Soup Co.ConAgra Brands, Inc.General Mills, Inc.McCormick & Company, Inc.Mondelēz International, Inc.PepsiCo Inc.Post HoldingsThe Hershey CompanyThe J.M. Smucker CompanyThe Kraft Heinz Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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