Zoetis CEO Juan Alaix's 2019 pay jumps 81% to $21M

Zoetis reports 2019 executive compensation

By ExecPay News

Published: April 6, 2020

Zoetis reported fiscal year 2019 executive compensation information on April 6, 2020.
In 2019, five Zoetis executives received on average a compensation package of $7M, a 38% increase compared to previous year.
Average pay of disclosed executives at Zoetis
Juan Ramón Alaix, Chief Executive Officer, received $21M in total, which increased by 81% compared to 2018. 72% of Alaix's compensation, or $15M, was in stock awards. Alaix also received $1.9M in non-equity incentive plan, $2.4M in option awards, $1.2M in salary, as well as $351K in other compensation.
For fiscal year 2019, the median employee pay was $76,949 at Zoetis. Therefore, the ratio of Juan Ramón Alaix's pay to the median employee pay was 275 to one.
Glenn C. David, Chief Financial Officer, received a compensation package of $3.7M, which increased by 21% compared to previous year. 44% of the compensation package, or $1.6M, was in stock awards.
Clinton A. Lewis, Jr, Executive Vice President and Group President, International Operations, Commercial Development, Global Genetics, Aquatic Health and Human Medical Diagnostics, earned $3.6M in 2019, a 23% decrease compared to previous year.
Kristin C. Peck, Executive Vice President and Group President, U.S Operations, Business Development and Strategy, received $3.3M in 2019, which increases by 10% compared to 2018.
Catherine A. Knupp, Executive Vice President and President of Research and Development, earned $3.3M in 2019, a 13% increase compared to previous year.

Related executives

Juan Alaix

Zoetis

Chief Executive Officer

Glenn David

Zoetis

Chief Financial Officer

Kristin Peck

Zoetis

Chief Executive Officer

Clinton Lewis

Zoetis

Executive Vice President and Group President, International Operations, Commercial Development, Global Genetics, Aquatic Health and Human Medical Diagnostics

Catherine Knupp

Zoetis

EVP, President of Research and Development

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Source: SEC filing on April 6, 2020.