Summary

The Manager, Compensation & Equity Administration will manage the day-to-day operations of Chobani’s equity compensation plans (LTIP, ESPP, etc.) and business-facing cash incentive plans (sales incentives, production team bonuses, etc.). This role reports to the Senior Director, Total Rewards and will partner closely with Finance, Legal, Internal Audit and Payroll. The Equity Plan Administrator manages the day-to-day operations of Chobani’s equity compensation plans (LTIP, ESPP, etc.), employee support/education needs, related systems and vendor engagements. This role will also oversee and manage all legal, regulatory and risk & control/compliance requirements.  This role reports into the Total Rewards / People team and will partner closely with Payroll, Finance, Internal Audit and Legal.    

Responsibilities

Equity Plans: Manage the day-to-day administration of Chobani’s equity plans and systems including all equity transactions, e.g., settlements and releases.   Responsible for accurate record-keeping, reporting, process documentation, compliance, and reconciliation. Maintain data integrity for all terminations, cancelations/forfeitures, and other transactions; monitor and ensure successful data file transfers to and from Chobani People and Finance/Accounting Systems and Equity related platforms.   Process new equity awards and manage all employee communication needs.   Mange all Equity Plan documentation including Plan Documents, Award Agreements, Plan prospectus, etc.  Ensure equity administration adheres to regulatory compliance and internal governance. Participates in the design and development of Equity Plans, including helping gather market best practice information, performing data reporting and analytics to assess overall program design. Serve as the first point of contact for inquiries and assist in the creation and delivery of communication materials and training for all new, existing and former employees. Cash Incentive Plans: Works with the business and people teams to manage the administration of production, sales and other business specific incentive plans and annual salary planning. Manage the review, approval and payout to employees based on the frequency of the plan (monthly, quarterly or annually). Participate in the annual review and determination of metrics and targets Ensure plan documentation is updated as needed and create and deploy communications related to plan documents and incentive payments Ensures compliance with federal, state and local laws and regulations related to compensation and equity plans Ad hoc projects and reporting as needed.  

Requirements

5+ years’ direct experience in equity administration in a publicly traded company. Certified Equity Professional (CEP) level 1 minimum preferred Strong analytical skills, excel expertise and ability to interpret and communicate data. Experience with Equity Compensation Platforms preferred (i.e. Fidelity, Morgan Stanley E-Trade, etc.). Excellent project management and analytical skills with strong attention to detail. Strong communication and interpersonal skills with an ability to simply explain complex programs; able to effectively communicate at all organizational levels. Demonstrated ability to work collaboratively and effectively with cross-functional teams. Thrives in a fast-paced environment. Ability to maintain a positive, empathetic, and professional attitude toward employees always.

About Us

Chobani is a food maker with a mission of making high-quality and nutritious food accessible to more people, while elevating our communities and making the world a healthier place. In short: making good food for all. In support of this mission, Chobani is a purpose-driven, people-first, food-and-wellness-focused company, and has been since its founding in 2005 by Hamdi Ulukaya, an immigrant to the U.S. The Company manufactures yogurt, oat milk, and creamers – Chobani yogurt is America's No.1 yogurt brand, made with natural ingredients without artificial preservatives. Following the 2023 acquisition of La Colombe, a leading coffee roaster with a shared commitment to quality, craftmanship and impact, the Company began selling cold-pressed espresso and lattes on tap at 32 cafes, as well as Ready to Drink (RTD) coffee beverages at retail. Chobani uses food as a force for good in the world – putting humanity first in everything it does. The company’s philanthropic efforts prioritize giving back to its communities and beyond: working to eradicate child hunger, supporting immigrants, refugees and underrepresented people, honoring veterans, and protecting the planet. Chobani manufactures its products in New York, Idaho, Michigan and Australia, and its products are available throughout North America and distributed in Australia and other select markets. For more information, please visit www.chobani.com and www.lacolombe.com, or follow us on Facebook, Twitter, Instagram and LinkedIn. Chobani is an equal opportunity employer. Chobani will not discriminate against any applicant for employment on any basis including, but not limited to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, military and/or veteran status, marital status, predisposing genetic characteristics and genetic information, or any other classification protected by federal, state, and local laws. Compensation Range: $111,200.00 - $166,800.00, plus bonus.