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Who owns your food? Meet America's top 10 food tycoons

Big Food is big business — and some executives are reaping big rewards

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Rolls of $100 bills
Rolls of $100 bills
Image: Mensent Photography (Getty Images)

Big Food is big business — and for chief executives at some of the largest food companies in the U.S., it’s a lofty means of making money.

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Brands such as PepsiCo., Tyson Foods Inc., and Nestle, are among the leading food and beverage food companies nationwide, according to data gathering platform Statista. We’ve compiled a list of the average salaries that chief executives at the 10 biggest food and beverage companies in North America make annually, as well as when they took over as CEOs.

It’s important to note that companies pay executives differently — bonuses and stock options play a big part in their leader’s net worth — and salaries can be impacted by years of experience, the size of the company, whether they are privately held, as well as that company’s particular pay strategy.

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1. Ramon Laguarta, PepsiCo.

1. Ramon Laguarta, PepsiCo.

Ramon Laguarta
Ramon Laguarta
Image: Fabrice Coffrini (Getty Images)
  • Average salary: $1.7 million
  • CEO takeover: 2018
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2. Donnie D. King, Tyson Foods

2. Donnie D. King, Tyson Foods

Donnie D. King
Donnie D. King
Screenshot: Tyson Foods Inc.
  • Average salary: $1.4 million
  • CEO takeover: 2021
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3. Steven Wood Presley, Nestle

3. Steven Wood Presley, Nestle

Steven Wood Presley
Steven Wood Presley
Image: Flickr
  • Average salary: $652,000
  • CEO takeover: 2018
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4. Wesley Batista Filho, JBS Foods, U.S.

4. Wesley Batista Filho, JBS Foods, U.S.

Wesley Batista Filho
Wesley Batista Filho
Image: Gladstone Campos/JBS
  • Average salary: $562,500
  • CEO takeover: 2023
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5. Carlos Abrams-Rivera, Kraft Heinz

5. Carlos Abrams-Rivera, Kraft Heinz

Carlos Abrams-Rivera
Carlos Abrams-Rivera
Image: Kraft Heinz
  • Average salary: $800,000
  • CEO takeover: 2023
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6. Jeff Harmening, General Mills

6. Jeff Harmening, General Mills

Jeff Harmening
Jeff Harmening
Image: Bloomberg (Getty Images)
  • Average salary: $1.2 million
  • CEO takeover: 2017
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7. Brendan Whitworth, Anheuser-Busch (BudLight brewer)

7. Brendan Whitworth, Anheuser-Busch (BudLight brewer)

Brendan Whitworth
Brendan Whitworth
Image: Laurie Dieffembacq (Getty Images)
  • Average salary: $12 million
  • CEO takeover: 2021
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8. Shane Smith, Smithfield Foods

8. Shane Smith, Smithfield Foods

Shane Smith speaking at the annual Wall Street Journal Food Forum.
Shane Smith speaking at the annual Wall Street Journal Food Forum.
Screenshot: Smith Foods Instagram (Getty Images)
  • Average salary: $700,000
  • CEO takeover: 2021
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9. James Quincey, Coca Cola


9. James Quincey, Coca Cola

James R. Quincy
James R. Quincy
Image: Bloomberg (Getty Images)
  • Average salary: $1.6 million
  • CEO takeover: 2017
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10. Brian Sikes, Cargill Inc.

10. Brian Sikes, Cargill Inc.

Brian Sikes
Brian Sikes
Image: Elizabeth Flores, Star Tribune (Getty Images)
  • Average salary: $700,000
  • CEO takeover: 2023
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