Molson Coors Beverage Executive Compensation (FY25)
TAP · Executive and director compensation, fiscal 2023 to 2025
The paid brief on Molson Coors Beverage
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 21, 2026Latest filing (8-K): May 8, 2026
14 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
$1,500Get the executive brief
208 figures on this page: 190 cited to the filing that reported them, 18 calculated from figures it prints. See the citations
More on Molson Coors Beverage
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Say-on-pay support: 97.4% → 95.4% (2.0 points lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Molson Coors Beverage's chief executive and what were they paid?
Total compensation for Rahul Goyal, President and CEO, came to $4,134,901 in fiscal 2025.
What was Molson Coors Beverage's say-on-pay result?
The say-on-pay proposal drew 95.4% of votes cast for or against in favor at the meeting held May 6, 2026 for fiscal 2025.
Which companies are in Molson Coors Beverage's peer group?
Companies named in the disclosed peer group include Brown-Forman Corporation, Campbell Soup Company, Coca-Cola Consolidated, Inc., Colgate-Palmolive Company and Conagra Brands, Inc., among others.
What is Molson Coors Beverage's chief executive pay ratio?
The company reported a chief executive pay ratio of 97:1 for fiscal 2025, against median employee compensation of $97,029.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gavin Hattersley Former President and CEO | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Michelle St. Jacques Former Chief Commercial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Natalie Maciolek Chief Legal & Government Affairs Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Tracey Joubert CFO | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Michelle St. Jacques Former Chief Commercial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | — not reconciled |
Natalie Maciolek Chief Legal & Government Affairs Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | — not reconciled |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gavin Hattersley Former President and CEO Departed during or after this year | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Tracey Joubert CFO | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Michelle St. Jacques Former Chief Commercial Officer Departed during or after this year | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Rahul Goyal President and CEO | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Natalie Maciolek Chief Legal, Communications & Government Affairs Officer and Secretary | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Philip Whitehead President and CEO of Molson Coors EMEA&APAC | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Darrin Vohs Chief Information 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 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Rahul Goyal | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Rahul Goyal | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rahul Goyal | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rahul Goyal | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rahul Goyal | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
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 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Rahul Goyal | RSU | ◇ | = | — | — |
| Philip Whitehead | RSU | ◇ | = | — | — |
| Darrin Vohs | RSU | ◇ | = | — | — |
| Tracey Joubert | RSU | ◇ | = | — | — |
| Gavin Hattersley | RSU | ◇ | = | — | — |
| Michelle St. Jacques | RSU | ◇ | = | — | — |
| Natalie Maciolek | 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 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Geoffrey E. Molson | ◇ | ◇ | — | — | — | ◇ | ◇ |
David S. Coors Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Roger G. Eaton | ◇ | ◇ | — | — | — | — | ◇ |
Leroy J. Williams Jr | ◇ | ◇ | — | — | — | — | ◇ |
Nessa O'Sullivan | ◇ | ◇ | — | — | — | — | ◇ |
Mary Lynn Ferguson-McHugh | ◇ | ◇ | — | — | — | — | ◇ |
H. Sanford Riley | ◇ | ◇ | — | — | — | — | ◇ |
Charles M. Herington | ◇ | ◇ | — | — | — | — | ◇ |
Jill Timm | ◇ | ◇ | — | — | — | — | ◇ |
Andrew T. Molson | ◇ | ◇ | — | — | — | — | ◇ |
James Sandy A. Winnefeld Jr | ◇ | ◇ | — | — | — | — | ◇ |
Christian Chris P. Cocks | ◇ | ◇ | — | — | — | — | ◇ |
Peter J. Coors | ◇ | ◇ | — | — | — | — | ◇ |
Peter H. Coors | ◇ | — | — | — | — | — | ◇ |
Julia M. Brown | ◇ | — | — | — | — | — | ◇ |
Rahul Goyal served on the board in fiscal 2025 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 | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee 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 2025
- Brown-Forman Corporation BF.B
- Campbell Soup Company CPB
- Coca-Cola Consolidated, Inc. COKE
- Colgate-Palmolive Company CL
- Conagra Brands, Inc. CAG
- Constellation Brands, Inc. STZ
- General Mills, Inc. GIS
- Hormel Foods Corporation HRL
- The Clorox Company CLX
- The Hershey Company HSY
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 6, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 14, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 15, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 17, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 18, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 26, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 20, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 22, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 23, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 17, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 25, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Molson Coors Beverage disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Molson Coors Beverage 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
208 figures on this page: 190 cited to the filing that reported them, 18 calculated from figures it prints.
190 cited to the filing
18 calculated from the filing
Documents cited
- 0001104659-26-058010
- 0001104659-26-034154CEO Pay Ratio · DIRECTOR COMPENSATION · Director Compensation Table · Grants of Plan Based Awards · and 2 more sections
- 0001104659-25-050068
- 0001558370-25-004296Summary Compensation Table
- 0001104659-24-063012
- 0001308179-24-000436Summary Compensation Table
- 0001104659-23-063178Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-22-063917
- 0000024545-21-000011
- 0001157523-20-000800
- 0000024545-19-000014
- 0000024545-18-000017
- 0000024545-17-000011Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000024545-16-000086Item 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, “Molson Coors Beverage executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/TAP (accessed 2026).
Short form: data: Velarion
The paid brief for Molson Coors Beverage
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
14 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 Molson Coors Beverage discloses
The companies named in TAP's own disclosed peer group.
Terms on this page
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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}
}