The Idiot Index

Sector
Executive ExtractionApplied to packaged-food, beverage, and quick-service restaurant companies. COGS captures ingredients, packaging, and (for QSR) franchise-operated cost of revenue. The Markup Ratio is meaningful but the Operational Markup is the cleaner signal because brand investment flows…

Executive Extraction in Food & Beverage · FY 2023

27 of 34 companies · highest first
  1. 1
    CMGChipotle
    CEO earns 1354× the median worker
    sector median 210.0Top 2%
    1354.0
    × CEO / median worker
  2. 2
    MCDMcDonald's
    CEO earns 1212× the median worker
    sector median 210.0Top 6%
    1212.2
    × CEO / median worker
  3. 3
    YUMYum Brands
    CEO earns 1205× the median worker
    sector median 210.0Top 9%
    1204.8
    × CEO / median worker
  4. 4
    MDLZMondelez
    CEO earns 635× the median worker
    sector median 210.0Top 13%
    635.1
    × CEO / median worker
  5. 5
    TSNTyson Foods
    CEO earns 525× the median worker
    sector median 210.0Top 17%
    524.5
    × CEO / median worker
  6. 6
    HSYHershey
    CEO earns 360× the median worker
    sector median 210.0Top 20%
    359.6
    × CEO / median worker
  7. 7
    CAGConagra
    CEO earns 359× the median worker
    sector median 210.0Top 24%
    358.8
    × CEO / median worker
  8. 8
    COKECoca-Cola Consolidated
    CEO earns 353× the median worker
    sector median 210.0Median range
    353.0
    × CEO / median worker
  9. 9
    CLColgate-Palmolive
    CEO earns 336× the median worker
    sector median 210.0Median range
    336.5
    × CEO / median worker
  10. 10
    KMBKimberly-Clark
    CEO earns 324× the median worker
    sector median 210.0Median range
    323.5
    × CEO / median worker

Not yet covered (7)

These companies are in the Food & Beverage cohort but don't have a Executive Extraction computed for FY 2023. Either the underlying inputs aren't tagged in their XBRL filings, the DEF 14A pay-ratio narrative didn't parse cleanly, or this fiscal year hasn't been ingested for them yet.

What this measures

Full methodology →

How many times a CEO out-earns the median employee.

Ratio
Executive Extraction
Sector
Food & Beverage
Methodology version
v1.0.0
Formula
CEOTotalCompensation / MedianEmployeeCompensation
Sector context

Applied to packaged-food, beverage, and quick-service restaurant companies. COGS captures ingredients, packaging, and (for QSR) franchise-operated cost of revenue. The Markup Ratio is meaningful but the Operational Markup is the cleaner signal because brand investment flows through SG&A — and Shareholder Extraction often runs high because mature consumer-staples brands return capital aggressively rather than reinvest.

Required disclosure under Dodd-Frank Section 953(b) since 2018. Filed in DEF 14A proxy statements. The dashboard aggregates the disclosure across the top 50 and ranks.

Source data: CEO total compensation and median employee compensation, both as filed in the company's most recent DEF 14A. When the ratio is XBRL-tagged we use the tagged value; otherwise the narrative disclosure is parsed (~99% accuracy).

Note on this sector: retail and quick-service food sectors have workforces with high part-time composition, which depresses the disclosed median worker pay (Dodd-Frank requires the median across all employees including part-timers). The CEO/median multiple here is technically correct as filed but not directly comparable to sectors with primarily full-time workforces.