Kimberly-Clark CEO Michael Hsu's 2019 pay jumps 77% to $12M
Kimberly-Clark reports 2019 executive compensation
By ExecPay News
Published: March 6, 2020
Kimberly-Clark reported fiscal year 2019 executive compensation information on March 6, 2020.
In 2019, five executives at Kimberly-Clark received on average a compensation package of $6.8M, a 22% increase compared to previous year.
Average pay of disclosed executives at Kimberly-Clark
Michael D. Hsu, Chief Executive Officer, received $12M in total, which increased by 77% compared to 2018. 50% of Hsu's compensation, or $6M, was in stock awards. Hsu also received $2.7M in non-equity incentive plan, $1.7M in option awards, $1.3M in salary, as well as $328K in other compensation.
For fiscal year 2019, the median employee pay was $47,328 at Kimberly-Clark. Therefore, the ratio of Michael D. Hsu's pay to the median employee pay was 254 to one.
Thomas J. Falk, Chairman, received a compensation package of $8.5M, which decreased by 35% compared to previous year. 59% of the compensation package, or $5M, was in stock awards.
Maria G. Henry, Chief Financial Officer, earned $6M in 2019, a 29% increase compared to previous year.
Kimberly K. Underhill, Group President, received $4.5M in 2019, which increases by 11% compared to 2018.
Jeffrey P. Melucci, General Counsel, earned $3.1M in 2019.
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Source: SEC filing on March 6, 2020.