Gary Pilnick

Chief Executive Officer and Chair at WK Kellogg

Board

Since Oct 2, 2023

Age

60 years

Tenure

Joined KLG effective upon the completion of the spin-off from Kellogg ParentCo, after having served in roles such as Vice President, Deputy General Counsel and Assistant Secretary (starting in September 2000), Senior Vice President, General Counsel and Secretary (promoted in August 2003 and June 2004), and later as Vice Chairman, Corporate Development and Chief Legal Officer (appointed in January 2016).

Also at WK Kellogg

Bruce Brown

Chief Customer Officer

David McKinstray

Chief Financial Officer

Lisa Walter

Chief Accounting Officer

About

Gary Pilnick is the Chief Executive Officer and Chair at WK Kellogg Co and, according to the most recent information, is 60 years old. He has built a notable career in corporate governance, legal affairs, and strategic leadership across multiple roles in the company’s history.

Initially, he joined Kellogg ParentCo in September 2000 as Vice President, Deputy General Counsel and Assistant Secretary, later advancing to Senior Vice President, General Counsel and Secretary in August 2003 and assuming broader responsibilities in Corporate Development in June 2004. His career progression continued with his appointment as Vice Chairman, Corporate Development and Chief Legal Officer in January 2016, which set the stage for his leadership role following the spin-off.

Upon the completion of the spin-off, he was appointed as the Chief Executive Officer and Chair of the Board at WK Kellogg Co, where his leadership has been marked by a commitment to strategic corporate development and legal oversight. His contributions extend to board service at Twin Ridge Capital Acquisition Corp, reflecting a broader influence in corporate governance and business strategy.

$KLG Performance Under Gary Pilnick

Past Roles

Organization	Role	Date Range	Details
Kellanova	Vice Chairman, Corporate Development and Chief Legal Officer	January 2016 – Spin-Off	Held the position until the WK Kellogg Co spin-off was completed
Kellanova	Senior Vice President, General Counsel, and Secretary	August 2003 – January 2016	Also responsible for Corporate Development from June 2004
Kellanova	Vice President, Deputy General Counsel, and Assistant Secretary	September 2000 – August 2003
WK Kellogg Co	Director	N/A	Served as director when the company was a wholly‐owned subsidiary of Kellanova
Sara Lee Corporation	Vice President and Chief Counsel, Corporate Development and Finance	N/A
Sara Lee Branded Apparel	Vice President and Chief Counsel	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary (Pre Spin Off)	$793,000	Until March 27, 2023	Remained same until October 1, 2023
Base Salary (Post Spin Off)	$1,000,000	From March 27, 2023 onward	Post Spin Off adjustment
Company Contributions to S&I and Restoration Plans	$139,631	2023 Annual
Company Paid Death Benefit	$31,785	2023 Annual
Financial Planning Assistance	$12,000	2023 Annual
Physical Exams	$8,751	2023 Annual

Performance Compensation

Data from FY 2023

Annual Cash Incentive (AIP)

Metric/Component	Value	Comments
AIP Target	$987,397	99% of base salary
Pre Spin Off Performance Factor	101%	Business performance metric
Post Spin Off Performance Factor	150%	Business performance metric
Full-Year AIP Performance Factor	115%	Combined performance factor
Actual Bonus Payout	$1,526,611	155% of AIP target
Performance Metrics	Operating Profit, Net Sales, Cash Flow; then standalone adjusted EBITDA and Net Sales	,

Performance Stock Units (PSUs)

Metric/Component	Value	Comments
Grant Date	February 17, 2023
Grant Date Fair Value	$1,567,953
Target Units	22,930 shares
Maximum Units	45,860 shares
Performance Metrics	Organic net sales growth, aggregate operating cash flow
Vesting Schedule	Over three-year period ending 2025

Restricted Stock Units (RSUs)

Metric/Component	Value	Comments
Grant Date	February 17, 2023
Grant Date Fair Value	$523,107
Units	7,650 shares
Vesting Date	February 17, 2026

One-Time RSU Award (Retention Equity Grant)

Metric/Component	Value	Comments
Grant Date	November 13, 2023
Grant Date Fair Value	$3,960,096
Units	376,646 shares	Includes accrued dividend equivalents
Vesting Schedule	Cliff vest on November 13, 2026
Conditions	Service-based retention with compliance to confidentiality, non-competition, non-disparagement, and non-solicitation covenants