LONNIE "BO" PILGRIM - Corporate Board Profile

PILGRIMS PRIDE CORP

Filing Date	Source Excerpt
2001-12-13	LONNIE "BO" PILGRIM, 73, has served as Chairman of the Board since the organization of the Company in July 1968. He was previously Chief Executive Officer from July 1968 to June 1998. ... The Compensation Committee establishes executive compensation ... The Compensation Committee's establishment of annual executive compensation is a subjective process ... The following table sets forth a summary of compensation paid to the Company's Chief Executive Officer and its four other most highly compensated executive officers. ... Lonnie "Bo" Pilgrim..... 2001 $1,071,200 $566,942 $24,081 $12,066 ... The Compensation Committee ... COMPENSATION COMMITTEE Lonnie "Bo" Pilgrim ...
2003-01-02	LONNIE "BO" PILGRIM, 74, has served as Chairman of the Board since the organization of the Company in July 1968. ... In establishing the fiscal 2002 compensation for Lonnie "Bo" Pilgrim, the Company's Chairman of the Board, the Compensation Committee did not adjust Mr. Pilgrim's annual base salary from $1,071,200. Mr. Pilgrim's bonus for fiscal 2002 consisted of a discretionary bonus of $476,841. ... SUMMARY COMPENSATION TABLE ... Lonnie "Bo" Pilgrim..........2002 $1,071,200 $476,841 $119,913 $70,126 ... Compensation Committee ... Lonnie "Bo" Pilgrim ... The Company pays its Directors who are not employees of the Company $5,000 per meeting attended in person, plus expenses, and Directors who are not employees of the Company also receive $2,500 and $1,250 per telephonic meeting ...
2003-12-24	Lonnie "Bo" Pilgrim, 75, has served as Chairman of the Board since the organization of the Company in July 1968. ... In establishing the fiscal 2003 compensation for Lonnie "Bo" Pilgrim, the Companys Chairman of the Board, the Compensation Committee did not adjust Mr. Pilgrims annual base salary from $1,071,200. Mr. Pilgrims bonus for fiscal 2003 consisted of a discretionary bonus of $586,640. ... The Compensation Committee retains the right, in its sole discretion, to reduce, increase or eliminate, prior to payment thereof, the amount of any bonus that would otherwise be due under the Plan to non-Section 162(m) participants, and the Compensation Subcommittee retains these same rights, except for the right to increase bonus amounts, for designated Section 162(m) participants. ... The Company pays its Directors who are not employees of the Company $6,000 per meeting attended in person, plus expenses, and Directors who are not employees of the Company also receive $2,500 and $1,250 per telephonic meeting that they participate in that lasts at least 45 minutes or less than 45 minutes, respectively.
2004-11-29	Lonnie "Bo" Pilgrim, 76, has served as Chairman of the Board since the organization of the Company in July 1968. He was previously Chief Executive Officer from July 1968 to June 1998. ... In establishing the fiscal 2004 compensation for Lonnie "Bo" Pilgrim, the Companys Chairman of the Board, the Compensation Committee adjusted Mr. Pilgrims annual base salary to $1,189,588 to reflect changes in the cost of living. Mr. Pilgrims bonus for fiscal 2004 consisted of a bonus of $1,437,218. Mr. Pilgrims bonus for fiscal 2004 consisted of a bonus awarded pursuant to the bonus plan discussed below.
2005-12-29	Lonnie "Bo" Pilgrim, 77, has served as Chairman of the Board since the organization of the Company in July 1968. He was previously Chief Executive Officer from July 1968 to June 1998. ... In establishing the fiscal 2005 compensation for Lonnie "Bo" Pilgrim, the Company's Chairman of the Board, the Compensation Committee adjusted Mr. Pilgrim's annual base salary to $1,124,902 to reflect changes in the cost of living. Mr. Pilgrim's bonus for fiscal 2005 consisted of a bonus of $1,917,862. ... The Company pays its Directors who are not employees of the Company $9,000 per meeting attended in person, plus expenses, and Directors who are not employees of the Company also receive $4,000 and $2,000 per telephonic meeting that they participate in that lasts at least 45 minutes or less than 45 minutes, respectively. Additionally, the Company pays the members of the Audit Committee $6,000 for each Audit Committee meeting attended in person, plus expenses, and $4,000 and $2,000 per telephonic Audit Committee meeting that they participate in that lasts at least 45 minutes or less than 45 minutes, respectively.
2006-12-27	Lonnie "Bo" Pilgrim, 78, has served as Chairman of the Board since the organization of the Company in July 1968. He was previously Chief Executive Officer from July 1968 to June 1998. ... The Company pays its Directors who are not employees of the Company $9,000 per meeting attended in person, plus expenses... For fiscal 2006, the Company's executive compensation program consisted of (a) base salary... In establishing the fiscal 2006 compensation for Lonnie "Bo" Pilgrim, the Company's Chairman of the Board, the Compensation Committee adjusted Mr. Pilgrim's annual base salary to $1,370,620 to reflect changes in the cost of living. There was no bonus awarded for 2006 pursuant to the bonus plan discussed below.
2007-12-04	Lonnie "Bo" Pilgrim, 79, has served as Senior Chairman of the Board since July 2007. He served as Chairman of the Board from our organization in July 1968 until July 2007. He also served as Chief Executive Officer from July 1968 to June 1998. Prior to our incorporation, Mr. Pilgrim was a partner in our predecessor partnership business founded in 1946. Compensation Committee member. Total compensation $3,216,543.
2011-03-25	Lonnie "Bo" Pilgrim, 82, has served as a Director since July 1968. ... The Founder Director is Lonnie "Bo" Pilgrim. ... 2010 DIRECTOR COMPENSATION TABLE shows Lonnie "Bo" Pilgrim with total compensation $140,000.