Hormel Foods Corp.’s top employees all saw salary increases in fiscal 2016.

Jeffrey Ettinger earned nearly $12.2 million in his final year as Hormel Foods Corp.’s CEO.

Ettinger, who retired in October, earned just over $1 million in base salary, but earned about $3 million in option awards, $5.5 million in non-equity incentive compensation, and $2.6 million in pension values along with other various compensations and bonuses, according to SEC filings.

Ettinger earned about $9.5 million in 2015.

Executive Vice President and Hormel Business Units President Steve Binder’s earned $500,900 in base salary and just over $5 million with incentives, up from $3.5 million in 2015. Executive Vice President and Chief Financial Officer Jody Feragen, who also retired in 2016, earned a base salary of $500,900 and $3.9 million with incentives, up from $3.1 million.

In his first year as president, James Snee earned a base salary of $500,900 and $3.5 million in total incentives. He replaced Ettinger as CEO.

Group Vice President Glenn Leitch earned a $380,500 salary and total $2.5 million with incentives.