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Consumer & Retail

Seneca Foods Executive Compensation (FY26)

SENEA · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
Paul Palmby
Latest say-on-pay support
=
August 6, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (8-K): August 11, 2026
6 filings cited on this page
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148 figures on this page: 144 cited to the filing that reported them, 4 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 — Paul Palmby: $1,012,423 → $1,304,968 (28.9% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Seneca Foods' chief executive and what were they paid?
Total compensation for Paul Palmby, President and Chief Executive Officer, came to $1,304,968 in fiscal 2026. Compared with the $1,012,423 reported for fiscal 2025, Palmby's total was 28.9% higher.
What was Seneca Foods' say-on-pay result?
Shareholders supported the say-on-pay proposal with 99.3% of votes cast for or against in favor at the meeting held August 6, 2026 for fiscal 2026.
What is Seneca Foods' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2026 is 16:1, against median employee compensation of $80,235.

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
Paul Palmby
President and Chief Executive Officer
◇—◇—◇—◇◇
Timothy Benjamin
Senior Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Timothy Nelson
Senior Vice President of Operations
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Paul Palmby
President and Chief Executive Officer
◇———◇—◇◇
Timothy Benjamin
Senior Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Timothy Nelson
Senior Vice President of Operations
◇—◇—◇—◇◇
Dean Erstad
Senior Vice President of Sales and Marketing
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Paul Palmby
President and Chief Executive Officer
◇———◇◇◇◇
Timothy Nelson
Senior Vice President of Operations, Chief Operating Officer
◇—◇—◇◇◇◇
Dean Erstad
Senior Vice President of Sales and Marketing
◇—◇—◇◇◇◇
Michael Wolcott
Senior Vice President, Chief Financial Officer and Treasurer
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Paul Palmby
President and Chief Executive Officer
◇———◇◇◇◇
Timothy Nelson
Senior Vice President of Operations, Chief Operating Officer
◇—◇—◇◇◇◇
Dean Erstad
Senior Vice President of
◇—◇—◇◇◇◇
Michael Wolcott
Senior Vice President,
◇—◇—◇◇◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Paul Palmby
President and Chief Executive Officer
◇———◇◇◇◇
Dean Erstad
Senior Vice President
◇—◇—◇◇◇◇
Timothy Nelson
Senior Vice President of Operations, Chief Operating Officer
◇—◇—◇◇◇◇
Michael Wolcott
Chief Financial 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
Dean E. ErstadRSU◇——◇——◇
Michael S. WolcottRSU◇——◇——◇
Timothy R. NelsonRSU◇——◇——◇
Fiscal 2023 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
Dean ErstadRSU◇◇——
Timothy NelsonRSU◇◇——
Michael WolcottRSU◇◇——
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 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kathryn J. Boor
◇——————
Bruce E. Ware
◇——————
Kraig H. Kayser
Board chair
◇——————
Peter R. Call
◇——————
Linda K. Nelson
◇——————
John P. Gaylord
◇——————
Donald J. Stuart
◇——————
Keith A. Woodward
◇——————
Paul L. Palmby 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◇
Total board retainer◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026August 6, 2026=◇◇◇
2023August 9, 2023=◇◇◇
2021August 11, 2021=◇◇◇
2020August 18, 2020=◇◇◇

Chief executive pay ratio

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

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Sample answer — “What is the CEO’s total compensation?”
- Paul Palmby (President and Chief Executive Officer), FY2026 total compensation $1,304,968 (base salary $804,583) [exec_comp, SEC accession 0001437749-26-022933, filed 2026-07-07]

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What this page does not include

Everything above is a fact Seneca Foods disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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.
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Board and governance analysis
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.
148 figures on this page: 144 cited to the filing that reported them, 4 calculated from figures it prints.
144 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001437749-26-027008
    Proposal 2: Advisory approval of the compensation of the Company ’ s Named Executive Officers for 2026 The Company’s shareholders approved the advisory resolution regarding the compensation of the Com
  2. 0001437749-26-022933
    Compensation of Directors · Grants of Plan-Based Awards in Fiscal Year 2026 · Outstanding Equity Awards at Fiscal Year-End 2026 · Pay Ratio Disclosure · and 1 more section
  3. 0001437749-23-023674
    Proposal 2: Non-binding advisory vote to approve executive compensation
  4. 0001437749-23-019603
    Summary Compensation Table
  5. 0001437749-21-019470
    Proposal 2: Ratification of Independent Registered Public Accounting Firm
  6. 0001437749-20-018267
    Advisor Vote on Executive Compensation
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Seneca Foods executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/SENEA (accessed 2026).
Short form: data: Velarion

The Seneca Foods 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.
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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Consumer & Retail rankings

Chief executive pay — Consumer & RetailCEO pay ratio — Consumer & RetailSay-on-pay support — Consumer & Retail

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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