Thomasville, Georgia-Based Baked Foods Company Flowers Foods Inc's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Very Modest 0.8% Per Year During the Past Ten Years. Unlike in So Many Other Companies, There is No Grade Inflation of Top-Tier Executive Performance at Flower Foods.

The fourth Democratic 2020 Presidential candidate debate was held on October 15, 2019 at Otterbein University in Westerville, Ohio, a Columbus suburb.  It was good to see a significant improvement in the quality and relevance of the questions asked by the hosts, particularly the major focus on the key economic issues.  Nearly all of the 12 candidates performed well but two of them stuck out as exceptional ..... Pete Buttigieg and Amy Klobuchar ..... who both substantially stepped up their insightful assertiveness.  

Amy gave the single most relevant phrase when she asserted that so much of what Elizabeth Warren is proposing are "Pipe Dreams" and have no chance of getting enacted.  Independents and even reasonable Republicans, who will be deciding the 2020 Presidential general election, have zero interest in these fiscally irresponsible "Pipe Dreams".  This is not going to unify the country, which is what the country is desperately seeking in the next President.  Of all the Democratic Presidential candidates, Pete Buttigieg will be the best unifier of a very divided country.

The fifth Democratic 2020 Presidential candidate debate will be held on November 20, 2019 in the Atlanta, Georgia.  Let's hope MSNBC does a much better job this time.  Last time it couldn't control the candidates and also it pretty much ignored the key economic issues.  Glad to see Washington Post is co-hosting this key event.

So far in my research of large US Corps I have shown that their Top-Tier Executives have been rewarded continually with just enormous annual increases in pay and employee benefits, mostly stock equity compensation, to the extent that the key issue to US citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

While increasing the US federal minimum wage will help here, there is a much broader and critical problem that needs to be solved.  The annual percentage increase in the pay and employee benefits of Company non-executive employees are minuscule in relation to that of Company executive employees and this has been going on for decades.  When Corporate CEOs and CFOs primarily view non-executive employees as Costs rather than as People, this is what happens.  And neither political party has had the courage to take on US Corps here.

So I now will be doing research and making posts on the annual pay and employee benefits percentage increases that the Top-Tier Executives of large Georgia Companies were rewarded with in the past five to ten years.  

The 32nd Georgia Company I am addressing here is Flowers Foods Inc.

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows Flower Foods Inc's Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for the past ten years.
  
Flowers Foods Inc's Top-Tier Executives Average Annual Pay and Employee Benefits Increase was a very modest 0.8% per year during the past ten years.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Flowers Foods Inc	2018	2017		2017	2016		2016	2015		2015	2014		2014	2013
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Shiver CEO	1,407	6,497		6,497	5,649		5,649	4,921		4,921	4,103		4,103	3,904
Kinsey CFO	754	1,875		1,875	1,655		1,655	1,532		1,532	1,364		1,364	1,350
Alexander President Fresh Packaged Bread	717	1,926		1,926	1,703		1,703	1,558		1,558	1,234
Avera Chief Legal Counsel	614	1,504		1,504	1,326		1,326	1,278
Wheeler Chief Sales Officer	574	1,321		1,321	1,111		1,111	976
Deese Executive Chairman													3,752	4,282
Lord EVP													1,560	1,539
Totals	4,066	13,123		13,123	11,444		11,444	10,265		8,011	6,701		10,779	11,075
Annual % Change vs Prior Year	-69.0%			14.7%			11.5%			19.5%			-2.7%
5 Year Average Per Year % Change		-5.2%
	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Flowers Foods Inc	2013	2012		2012	2011		2011	2010		2010	2009		2009	2008
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Shiver CEO	3,904	1,515		1,515	1,777		1,777	1,524		1,524	1,269		1,269	1,223
Kinsey CFO	1,350	963		963	1,218		1,218	1,147		1,147	1,042		1,042	1,030
Avera Chief Legal Counsel	1,132	876		876	1,053		1,053	1,040		1,040	1,025		1,025	1,147
Deese Executive Chairman	4,282	3,282		3,282	4,561		4,561	4,476		4,476	4,834		4,834	5,206
Lord EVP	1,539	1,246		1,246	1,637		1,637	1,489		1,489	1,406		1,406	1,438
Totals	12,207	7,882		7,882	10,246		10,246	9,676		9,676	9,576		9,576	10,044
Annual % Change vs Prior Year	54.9%			-23.1%			5.9%			1.0%			-4.7%
5 Year Average Per Year % Change		6.8%
10 Year Average Per Year % Change		0.8%