Ecolab CEO Douglas Baker's 2020 pay slips 15% to $17M
Ecolab reports 2020 executive compensation
By ExecPay News
Published: March 19, 2021
Ecolab reported fiscal year 2020 executive compensation information on March 19, 2021.
In 2020, five Ecolab executives received on average a compensation package of $7.7M, a 23% decrease compared to previous year.
Average pay of disclosed executives at Ecolab
Douglas M. Baker, Jr, Chief Executive Officer, received $17M in total, which decreased by 15% compared to 2019. 33% of Baker's compensation, or $5.6M, was in stock awards. Baker also received $4.6M of change in pension value and nonqualified deferred compensation earnings, $5.2M in option awards, $1.3M in salary, as well as $123K in other compensation.
Machiel Duijser, Executive Vice President and Chief Supply Chain Officer, received a compensation package of $7.1M. 42% of the compensation package, or $3M, was in stock awards.
Christophe Beck, Chief Operating Officer, earned $6.4M in 2020, a 32% increase compared to previous year.
Daniel J. Schmechel, Chief Financial Officer, received $5.7M in 2020, which increases by 8% compared to 2019.
Elizabeth A. Simermeyer, Executive Vice President and President – Global Healthcare and Life Sciences, earned $2.5M in 2020.
Related executives
Douglas Baker
Ecolab
Chairman
Daniel Schmechel
Ecolab
Chief Financial Officer
Christophe Beck
Ecolab
Chief Executive Officer
Machiel Duijser
Ecolab
Executive Vice President and Chief Supply Chain Officer
Elizabeth Simermeyer
Ecolab
Executive Vice President and President – Global Healthcare and Life Sciences
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Source: SEC filing on March 19, 2021.