Mondelez International CEO Van Dirk's 2018 pay falls 65% to $15M
Mondelez International reports 2018 executive compensation
By ExecPay News
Published: March 29, 2019
Mondelez International reported fiscal year 2018 executive compensation information on March 29, 2019.
In 2018, six executives at Mondelez International received on average a compensation package of $6.4M, a 66% decrease compared to previous year.
Average pay of disclosed executives at Mondelez International
Van de Put, Dirk, Chief Executive Officer, received $15M in total, which decreased by 65% compared to 2017. 53% of Dirk's compensation, or $7.9M, was in stock awards. Dirk also received $2.9M in non-equity incentive plan, $2.1M in option awards, $1.5M in salary, as well as $556K in other compensation.
For fiscal year 2018, the median employee pay was $30,639 at Mondelez International. Therefore, the ratio of Van de Put, Dirk's pay to the median employee pay was 489 to one.
Brian Gladden, Chief Financial Officer, received a compensation package of $6.6M, which decreased by 43% compared to previous year. 63% of the compensation package, or $4.2M, was in stock awards.
Timothy Cofer, Executive Vice President and Chief Growth Officer, earned $4.5M in 2018, a 57% decrease compared to previous year.
Paulette Alviti, Chief Human Resources Officer, received $4.4M in 2018.
Glen Walter, Executive Vice President and President, North America, earned $4.2M in 2018.
Luca Zaramella, Chief Financial Officer, received $3.4M in 2018.
Related executives
Van Dirk
Mondelez International
Chief Executive Officer
Luca Zaramella
Mondelez International
Chief Financial Officer
Brian Gladden
Mondelez International
Chief Financial Officer
Paulette Alviti
Mondelez International
Chief Human Resources Officer
Timothy Cofer
Mondelez International
Executive Vice President and Chief Growth Officer
Glen Walter
Mondelez International
Executive Vice President and President, North America
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Source: SEC filing on March 29, 2019.