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Marzetti Executive Compensation (FY26)

MZTI · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
David Ciesinski
Latest say-on-pay support
=
November 19, 2025
Chief executive pay ratio
◇
To the median employee
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13 filings cited on this page
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371 figures on this page: 362 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — David Ciesinski: $5,378,360 → $5,743,331 (6.8% higher)
Say-on-pay support: 99.3% → 99.1% (0.2 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Marzetti's chief executive and what were they paid?
David Ciesinski was paid $5,743,331 in total compensation as President and CEO for fiscal 2026. Ciesinski's total moved 6.8% higher from the $5,378,360 reported for fiscal 2025.
What was Marzetti's say-on-pay result?
The say-on-pay proposal drew 99.1% of votes cast for or against in favor at the meeting held November 19, 2025 for fiscal 2025.
Which companies are in Marzetti's peer group?
The disclosed peer group names B&G Foods, Inc., Cal-Maine Foods, Inc., Flowers Foods, Inc., J&J Snack Foods Corp. and John B. Sanfilippo & Son, Inc., among others.
What is Marzetti's chief executive pay ratio?
The company reported a chief executive pay ratio of 102:1 for fiscal 2026, against median employee compensation of $56,395.

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
David Ciesinski
President and CEO
◇—◇—◇—◇◇
Thomas Pigott
Chief Financial Officer, Vice President and Assistant Secretary
◇—◇—◇—◇◇
Carl Stealey
Former President, Retail Division
◇—◇—◇—◇◇
Kristin Bird
President, Foodservice Division
◇—◇—◇—◇◇
David Nagle
Former Chief Supply Chain Officer, T. Marzetti Company
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Ciesinski
President and CEO
◇—◇—◇—◇◇
Thomas Pigott
Chief Financial Officer, Vice President and Assistant Secretary
◇—◇—◇—◇◇
David Nagle
Former Chief Supply Chain Officer, T. Marzetti Company
Departed during or after this year
◇—◇—◇—◇◇
Kristin Bird
President, Foodservice Division
◇—◇—◇—◇◇
Carl Stealey
Former President, Retail Division
◇—◇—◇—◇◇
Luis Viso
Chief Supply Chain Officer
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Ciesinski
President and CEO
◇—◇—◇—◇◇
Thomas Pigott
Chief Financial Officer, Vice President and Assistant Secretary
◇—◇—◇—◇◇
Kristin Bird
President, Foodservice Division
◇—◇—◇—◇◇
Carl Stealey
President, Retail Division
◇—◇—◇—◇◇
Luis Viso
Chief Supply Chain Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Ciesinski
President and CEO
◇—◇—◇—◇◇
Carl Stealey
Former President, Retail Division
Departed during or after this year
◇—◇—◇—◇◇
Thomas Pigott
Chief Financial Officer, Vice President and Assistant Secretary
◇—◇—◇—◇◇
Kristin Bird
President, Foodservice Division
◇—◇—◇—◇◇
Luis Viso
Chief Supply Chain Officer
◇—◇—◇—◇◇
Tanya Berman
President, Retail Division
◇◇◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
David Ciesinski
President and CEO
◇—◇—◇—◇◇
Thomas Pigott
Chief Financial Officer, Vice President and Assistant Secretary
◇—◇—◇—◇◇
Kristin Bird
President, Foodservice Division
◇—◇—◇—◇◇
Tanya Berman
Former President, Retail Division
Departed during or after this year
◇—◇—◇—◇◇
Luis Viso
Chief Supply Chain Officer
◇—◇—◇—◇◇
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 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
David A. CiesinskiPSU◇◇◇—◇—◇
David A. CiesinskiRSU◇——◇——◇
David A. CiesinskiPSU◇◇◇—◇—◇
Kristin J. BirdPSU◇◇◇—◇—◇
Kristin J. BirdRSU◇——◇——◇
Kristin J. BirdPSU◇◇◇—◇—◇
Luis VisoPSU◇◇◇—◇—◇
Luis VisoPSU◇◇◇—◇—◇
Luis VisoRSU◇——◇——◇
Tanya BermanPSU◇◇◇—◇—◇
Tanya BermanRSU◇——◇——◇
Tanya BermanPSU◇◇◇—◇—◇
Thomas K. PigottPSU◇◇◇—◇—◇
Thomas K. PigottRSU◇——◇——◇
Thomas K. PigottPSU◇◇◇—◇—◇
Fiscal 2023, 2024, 2025 are included in the PDF.
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 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
David CiesinskiRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Tanya BermanRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Luis VisoRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Thomas PigottRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Kristin BirdRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
David Ciesinski
President and CEO · Amended agreement
Severance multiple◇
Change-in-control multiple◇
Non-compete period◇
Non-solicit period◇
Kristin Bird
President, Foodservice Division · Change-in-control agreement
Change-in-control multiple◇
Benefits continuation on change in control◇
Non-compete period◇
Non-solicit period◇
Luis Viso
Chief Supply Chain Officer · Change-in-control agreement
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Non-compete period◇
Non-solicit period◇
Tanya Berman
Former President, Retail Division · Offer letter
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Thomas Pigott
Chief Financial Officer, Vice President and Assistant Secretary · Change-in-control agreement
Change-in-control multiple◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan F. Harris
Board chair
◇◇———◇◇
Robert P. Ostryniec
◇◇———◇◇
Elliot K. Fullen
◇◇———◇◇
Barbara L. Brasier
◇◇———◇◇
Robert L. Fox
◇◇———◇◇
Michael H. Keown
◇◇———◇◇
George F. Knight III
◇◇———◇◇
Zena Srivatsa Arnold
◇◇———◇◇
John B. Gerlach Jr
◇◇———◇◇
Gregory L. Hughes
◇—————◇
David A. Ciesinski served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
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◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • B&G Foods, Inc. BGS
  • Cal-Maine Foods, Inc. CALM
  • Flowers Foods, Inc. FLO
  • J&J Snack Foods Corp. JJSF
  • John B. Sanfilippo & Son, Inc. JBSS
  • Lamb Weston Holdings, Inc. LW
  • McCormick & Company, Incorporated MKC
  • Post Holdings, Inc. POST
  • SunOpta Inc. STKL
  • The Hain Celestial Group, Inc. HAIN
  • The Simply Good Foods Company SMPL
  • Tootsie Roll Industries, Inc. TR
  • Treehouse Foods, Inc. THS
  • Utz Brands, Inc. UTZ
  • WK Kellogg Co K

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025November 19, 2025=◇◇◇
2024November 6, 2024=◇◇◇
2023November 8, 2023=◇◇◇
2022November 9, 2022=◇◇◇
2021November 10, 2021=◇◇◇
2020November 11, 2020=◇◇◇
2019November 13, 2019=◇◇◇
2018November 14, 2018=◇◇◇
2016November 21, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- David Ciesinski (President and CEO), FY2026 total compensation $5,743,331 (base salary $1,000,000) [exec_comp, SEC accession 0000057515-26-000025, filed 2026-10-13]

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What this page does not include

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Peer benchmarking
Where Marzetti 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.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
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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.
371 figures on this page: 362 cited to the filing that reported them, 9 calculated from figures it prints.
362 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000057515-26-000025
    Compensation of Directors
  2. 0000057515-25-000034
    Item 5.07 Submission of Matters to a Vote of Security Holders
  3. 0000057515-25-000025
  4. 0000057515-24-000031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000057515-24-000023
  6. 0000057515-23-000030
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000057515-23-000023
  8. 0000057515-22-000024
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000057515-21-000023
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000057515-20-000031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000057515-19-000037
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000057515-18-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000057515-16-000058
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Marzetti executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/MZTI (accessed 2026).
Short form: data: Velarion

The Marzetti brief, $500

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 $500 for the board report; $900 for both.
13 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 Marzetti discloses

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

Terms on this page

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}
}