Baxter International CEO José Almeida's 2020 pay rises 14% to $16M
Baxter International reports 2020 executive compensation
By ExecPay News
Published: March 22, 2021
Baxter International reported fiscal year 2020 executive compensation information on March 22, 2021.
In 2020, five executives at Baxter International received on average a compensation package of $6.3M, a 10% increase 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 14% compared to 2019. 53% of Almeida's compensation, or $8.4M, was in stock awards. Almeida also received $6.1M in option awards, $1.3M in salary, as well as $71K in other compensation.
For fiscal year 2020, the median employee pay was $46,986 at Baxter International. Therefore, the ratio of José E. Almeida's pay to the median employee pay was 338 to one.
Giuseppe Accogli, Senior Vice President and President, Americas & Global Business Units, received a compensation package of $4.6M, which increased by 15% compared to previous year. 44% of the compensation package, or $2M, was in stock awards.
Sean Martin, General Counsel, earned $4M in 2020, a 25% increase compared to previous year.
Cristiano Franzi, Senior Vice President, President, EMEA, received $3.7M in 2020, which increases by 17% compared to 2019.
James K. Saccaro, Chief Financial Officer, earned $3.2M in 2020, a 23% decrease compared to previous year.
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Source: SEC filing on March 22, 2021.