Baxter International CEO José Almeida's 2018 pay rises 5% to $16M
Baxter International reports 2018 executive compensation
By ExecPay News
Published: March 26, 2019
Baxter International reported fiscal year 2018 executive compensation information on March 26, 2019.
In 2018, five executives at Baxter International received on average a compensation package of $6.2M, a 23% decrease compared to previous year.
Average pay of disclosed executives at Baxter International
José E. Almeida, Chief Executive Officer, received $16M in total, which increased by 5% compared to 2017. 43% of Almeida's compensation, or $6.7M, was in stock awards. Almeida also received $2.6M in non-equity incentive plan, $4.9M in option awards, $1.3M in salary, as well as $135K in other compensation.
For fiscal year 2018, the median employee pay was $45,226 at Baxter International. Therefore, the ratio of José E. Almeida's pay to the median employee pay was 346 to one.
James K. Saccaro, Chief Financial Officer, received a compensation package of $4.7M, which decreased by 49% compared to previous year. 36% of the compensation package, or $1.7M, was in stock awards.
Brik V. Eyre, Senior Vice President and President, Americas, earned $3.8M in 2018, a 28% decrease compared to previous year.
Giuseppe Accogli, Senior Vice President and President, Global Businesses, received $3.8M in 2018, which decreases by 25% compared to 2017.
Sean Martin, General Counsel, earned $3M in 2018, a 47% decrease compared to previous year.
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Source: SEC filing on March 26, 2019.