Kimberly-Clark CEO Thomas Falk's 2018 pay slips 20% to $13M
Kimberly-Clark reports 2018 executive compensation
By ExecPay News
Published: March 8, 2019
Kimberly-Clark reported fiscal year 2018 executive compensation information on March 8, 2019.
In 2018, seven executives at Kimberly-Clark received on average a compensation package of $5.6M, a 18% decrease compared to previous year.
Average pay of disclosed executives at Kimberly-Clark
Thomas J. Falk, Chief Executive Officer, received $13M in total, which decreased by 20% compared to 2017. 58% of Falk's compensation, or $7.5M, was in stock awards. Falk also received $1.2M in non-equity incentive plan, $2.6M in option awards, $1.4M in salary, as well as $289K in other compensation.
Michael D. Hsu, Chief Operating Officer, received a compensation package of $6.8M, which increased by 23% compared to previous year. 52% of the compensation package, or $3.6M, was in stock awards.
Maria G. Henry, Chief Financial Officer, earned $4.7M in 2018, a 7% increase compared to previous year.
Larry P. Allgaier, Group President, received $4.3M in 2018, which decreases by 18% compared to 2017.
Kimberly K. Underhill, Group President, earned $4.1M in 2018.
Gustavo Calvo Paz, Former President, EMEA, received $3.4M in 2018.
Anthony J. Palmer, President – Global Brands and Innovation, earned $2.8M in 2018, which is about the same as previous year.
Related executives
Thomas Falk
Kimberly-Clark
Chairman
Michael Hsu
Kimberly-Clark
Chief Executive Officer
Maria Henry
Kimberly-Clark
Chief Financial Officer
Kimberly Underhill
Kimberly-Clark
Group President
Anthony Palmer
Kimberly-Clark
President – Global Brands and Innovation
Larry Allgaier
Kimberly-Clark
Group President
Gustavo Paz
Kimberly-Clark
Former President, EMEA
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Source: SEC filing on March 8, 2019.