Air Products & Chemicals CEO Seifi Ghasemi's 2018 pay stays at $13.9M

Air Products & Chemicals reports 2018 executive compensation

Published: December 12, 2018

Air Products & Chemicals reported fiscal year 2018 executive compensation information on December 12, 2018.

In 2018, five executives at Air Products & Chemicals received on average a compensation package of $6.4M, a 13% decrease compared to previous year.

Average pay of disclosed executives at Air Products & Chemicals

Seifi Ghasemi, Chief Executive Officer, received $13.9M in total, which is about the same as previous year. 70.21% of Ghasemi's compensation, or $9.8M, was in stock awards. Ghasemi also received $6.2K of change in pension value and nonqualified deferred compensation earnings, $2.6M in non-equity incentive plan, $1.3M in salary, as well as $265.4K in other compensation.

Corning F. Painter, Former Executive Vice President, Industrial Gases, received a compensation package of $8.9M, which increased by 61% compared to previous year. 48.84% of the compensation package, or $4.3M, was of change in pension value and nonqualified deferred compensation earnings.

M. Scott Crocco, Chief Financial Officer, earned $3.9M in 2018, a 27% decrease compared to previous year.

Samir Serhan, Executive Vice President, received $3.1M in 2018, which decreases by 36% compared to 2017.

Sean D. Major, General Counsel, earned $2.3M in 2018.

Air Products & Chemicals' fiscal year ends on September 30.