VVelarionINTELLIGENCE
Sign inStart free trial
Start free trial
Consumer & Retail

Molson Coors Beverage Executive Compensation (FY25)

TAP · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Rahul Goyal
Median of the other named officers
$4,620,151
6 officers, excluding the chief executive
Latest say-on-pay support
=
May 6, 2026
Chief executive pay ratio
◇
To the median employee
Velarion Intel, $5,000/year: one seat · one year · every company we cover, with dashboards, peer screens and board-ready briefs.
See every company’s exec pay — free for 3 days, no cardSee the plan and pricing
Email me this page as a cited PDF — sent in 2 minutes
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.

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.
$500 for the Executive Compensation Report. Both reports for $900.
Get the executive briefGet the board briefNo account needed.
Data as of November 5, 2026Latest filing (8-K): May 8, 2026
13 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Molson Coors Beverage brief$500Get the executive brief
Velarion Intel, one year, every company
339 figures on this page: 321 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.
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, Carlsberg A/S, Coca-Cola Consolidated, Inc. and Colgate-Palmolive Company, 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 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gavin Hattersley
President and CEO
◇—◇◇◇—◇◇
Tracey Joubert
CFO
◇—◇◇◇—◇◇
Sergey Yeskov
Former President and CEO of Molson Coors EMEA&APAC
◇—◇◇◇—◇◇
Michelle St. Jacques
Chief Commercial Officer
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gavin Hattersley
Former President and CEO
◇—◇◇◇—◇◇
Tracey Joubert
CFO
◇—◇◇◇◇◇◇
Michelle St. Jacques
Former Chief Commercial Officer
◇—◇◇◇—◇◇
Sergey Yeskov
Former President and CEO of Molson Coors EMEA&APAC
◇—◇◇◇—◇◇
Natalie Maciolek
Chief Legal & Government Affairs Officer
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gavin Hattersley
Former President and CEO
◇—◇◇◇—◇◇
Sergey Yeskov
Former President and CEO of Molson Coors EMEA&APAC
Departed during or after this year
◇—◇◇——◇— not reconciled
Tracey Joubert
CFO
◇—◇◇◇—◇◇
Michelle St. Jacques
Former Chief Commercial Officer
◇—◇◇◇—◇— not reconciled
Natalie Maciolek
Chief Legal & Government Affairs Officer
◇—◇◇◇—◇— not reconciled
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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 & Government Affairs Officer
◇—◇◇◇—◇◇
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Darrin VohsRSU◇——◇——◇
Darrin VohsPSU◇◇◇—◇—◇
Darrin VohsOPTION◇——◇—◇◇
Gavin D.K. HattersleyRSU◇——◇——◇
Gavin D.K. HattersleyPSU◇◇◇—◇—◇
Gavin D.K. HattersleyOPTION◇——◇—◇◇
Michelle St. JacquesPSU◇◇◇—◇—◇
Michelle St. JacquesRSU◇——◇——◇
Michelle St. JacquesRSU◇——◇——◇
Michelle St. JacquesOPTION◇——◇—◇◇
Natalie MaciolekRSU◇——◇——◇
Natalie MaciolekPSU◇◇◇—◇—◇
Natalie MaciolekRSU◇——◇——◇
Natalie MaciolekOPTION◇——◇—◇◇
Philip M. WhiteheadRSU◇——◇——◇
Philip M. WhiteheadRSU◇——◇——◇
Philip M. WhiteheadPSU◇◇◇—◇—◇
Philip M. WhiteheadOPTION◇——◇—◇◇
Rahul GoyalRSU◇——◇——◇
Rahul GoyalRSU◇——◇——◇
Rahul GoyalPSU◇◇◇—◇—◇
Rahul GoyalRSU◇——◇——◇
Rahul GoyalOPTION◇——◇—◇◇
Tracey I. JoubertRSU◇——◇——◇
Tracey I. JoubertRSU◇——◇——◇
Tracey I. JoubertPSU◇◇◇—◇—◇
Tracey I. JoubertOPTION◇——◇—◇◇
Fiscal 2024 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 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Gavin HattersleyRSU◇=——
Tracey JoubertRSU◇=——
Michelle St. JacquesRSU◇=——
Natalie MaciolekRSU◇=——
Rahul GoyalRSU◇=——
Darrin VohsRSU◇=——
Philip WhiteheadRSU◇=——
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
◇◇————◇
Andrew T. Molson
◇◇————◇
James Sandy A. Winnefeld Jr
◇◇————◇
Jill Timm
◇◇————◇
Christian Chris P. Cocks
◇◇————◇
Peter J. Coors
◇◇————◇
Julia M. Brown
◇—————◇
Peter H. Coors
◇—————◇
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.
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◇
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
  • Carlsberg A/S symbol not shown
  • 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
  • McCormick & Company, Incorporated MKC
  • Monster Beverage Corporation MNST
  • Primo Brands Corporation PRMB
  • The Clorox Company CLX
  • 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
2025May 6, 2026=◇◇◇
2024May 14, 2025=◇◇◇
2023May 15, 2024=◇◇◇
2022May 17, 2023=◇◇◇
2021May 18, 2022=◇◇◇
2020May 26, 2021=◇◇◇
2019May 20, 2020=◇◇◇
2018May 22, 2019=◇◇◇
2017May 23, 2018=◇◇◇
2016May 17, 2017=◇◇◇
2015May 25, 2016=◇◇◇

Chief executive pay ratio

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

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Rahul Goyal (President and CEO), FY2025 total compensation $4,134,901 (base salary $640,422) [exec_comp, SEC accession 0001104659-26-034154, filed 2026-03-25]

See a complete sample report

Answered within 24 hours, every figure cited to its SEC filing. This is a one-off report: no refunds.

Tell me when Molson Coors Beverage files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

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 — $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 — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
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.
Inquire about access
Multiple 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 Intelligence
Join the list for Peer Group Review
Whether Molson Coors Beverage's disclosed peer group is defensible, who names Molson Coors Beverage back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
339 figures on this page: 321 cited to the filing that reported them, 18 calculated from figures it prints.
321 cited to the filing
18 calculated from the filing

Documents cited

  1. 0001104659-26-058010
  2. 0001104659-26-034154
    CEO Pay Ratio · DIRECTOR COMPENSATION · Director Compensation Table · Grants of Plan Based Awards · and 2 more sections
  3. 0001104659-25-050068
  4. 0001558370-25-004296
    Summary Compensation Table
  5. 0001104659-24-063012
  6. 0001104659-23-063178
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001104659-22-063917
  8. 0000024545-21-000011
  9. 0001157523-20-000800
  10. 0000024545-19-000014
  11. 0000024545-18-000017
  12. 0000024545-17-000011
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000024545-16-000086
    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, “Molson Coors Beverage executive compensation, FY2022–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.
$500 for the Executive Compensation Report. Both reports for $900.
Get the executive briefGet the board briefNo account needed.
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
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Molson Coors Beverage and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Consumer & Retail rankings

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

Peers Molson Coors Beverage discloses

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

Campbell Soup CompanyCoca-Cola Consolidated, Inc.Colgate-Palmolive CompanyConagra Brands, Inc.Constellation Brands, Inc.General Mills, Inc.Hormel Foods CorporationMcCormick & Company, IncorporatedMonster Beverage CorporationPrimo Brands CorporationThe Clorox CompanyThe 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}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy