AIR PRODUCTS & CHEMICALS reports 2018 executive compensation

CEO Seifi Ghasemi receives $13.9M

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 $6,434,190, a 13% decrease compared to previous year.

Average pay of disclosed executives at AIR PRODUCTS & CHEMICALS

Seifi Ghasemi, Chief Executive Officer, received $13,941,507 in total, which is about the same as previous year. 70.21% of Ghasemi's compensation, or $9,788,563, was in stock awards. Ghasemi also received $6,181 of change in pension value and nonqualified deferred compensation earnings, $2,571,750 in non-equity incentive plan, $1,309,615 in salary, as well as $265,398 in other compensation.

Corning F. Painter, Former Executive, received a compensation package of $8,891,308, which increased by 61% compared to previous year. 48.84% of the compensation package, or $4,342,921, was of change in pension value and nonqualified deferred compensation earnings.

M. Scott Crocco, Chief Financial Officer, earned $3,940,573 in 2018, a 27% decrease compared to previous year.

Samir Serhan, Executive Vice President, received $3,126,987 in 2018, which decreases by 36% compared to 2017.

Sean D. Major, General Counsel, earned $2,270,574 in 2018.

AIR PRODUCTS & CHEMICALS' fiscal year ends on September 30.