Baxter International CEO José Almeida's 2019 pay slips 11% to $14M
Baxter International reports 2019 executive compensation
By ExecPay News
Published: March 17, 2020
Baxter International reported fiscal year 2019 executive compensation information on March 17, 2020.
In 2019, five executives at Baxter International received on average a compensation package of $5.7M, a 8% decrease compared to previous year.
José E. Almeida, Chief Executive Officer, received $14M in total, which decreased by 11% compared to 2018. 48% of Almeida's compensation, or $6.6M, was in stock awards. Almeida also received $691K in non-equity incentive plan, $5.1M in option awards, $1.3M in salary, as well as $128K in other compensation.
For fiscal year 2019, the median employee pay was $43,131 at Baxter International. Therefore, the ratio of José E. Almeida's pay to the median employee pay was 323 to one.
James K. Saccaro, Chief Financial Officer, received a compensation package of $4.2M, which decreased by 10% compared to previous year. 40% of the compensation package, or $1.7M, was in stock awards.
Giuseppe Accogli, Senior Vice President and President, Americas, earned $4M in 2019, a 7% increase compared to previous year.
Sean Martin, General Counsel, received $3.2M in 2019, which increases by 5% compared to 2018.
Cristiano Franzi, Senior Vice President, President, EMEA, earned $3.2M in 2019.