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Freshpet, Inc.

FRPT · FY2025

MISALIGNED

CEO Package

$12.5M

Pay Ratio

William B. Cyr

Pay rose +452% while TSR fell -130 pts

COCA COLA CO

KO · FY2025

ALIGNED

CEO Package

$31.2M

Pay Ratio

James Quincey

Returns outran pay growth by -4.8 pts

PEPSICO INC

PEP · FY2025

ALIGNED

CEO Package

$23.9M

Pay Ratio

Ramon L. Laguarta

Pay reset -17.0% while TSR improved +4.9 pts

CEOTotal Compensation — All Companies

FRPT$12.5MKO$31.2MPEP$23.9M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

KO carries the largest package at $31.2M, about 2.5x FRPT.
FRPT reads misaligned, while KO looks aligned.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

FRPT

William B. Cyr

$12.5M

base salary6%
stock awards93%
non-equity incentive compensation1%
other compensation0%

KO

James Quincey

$31.2M

base salary5%
stock awards40%
option awards33%
non-equity incentive compensation16%
other compensation2%

PEP

Ramon L. Laguarta

$23.9M

base salary8%
stock awards48%
non-equity incentive compensation24%
other compensation3%

Quick Comparison

CompanyCEOLatest YearTotal Comp
Freshpet, Inc.(FRPT)William B. Cyr2025$12.5M
COCA COLA CO(KO)James Quincey2025$31.2M
PEPSICO INC(PEP)Ramon L. Laguarta2025$23.9M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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