Estee Lauder Companies CEO Fabrizio Freda's 2020 pay slips 14% to $18M

Estee Lauder Companies reports 2020 executive compensation

By ExecPay News

Published: September 24, 2020

Estee Lauder Companies reported fiscal year 2020 executive compensation information on September 24, 2020.
In 2020, five executives at Estee Lauder Companies received on average a compensation package of $10M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Estee Lauder Companies
Fabrizio Freda, Chief Executive Officer, received $18M in total, which decreased by 14% compared to 2019. 47% of Freda's compensation, or $8.8M, was in stock awards. Freda also received $773K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $4.4M in option awards, $1.8M in salary, as well as $247K in other compensation.
For fiscal year 2020, the median employee pay was $28,879 at Estee Lauder Companies. Therefore, the ratio of Fabrizio Freda's pay to the median employee pay was 638 to one.
Tracey T. Travis, Chief Financial Officer, received a compensation package of $9M, which increased by 19% compared to previous year. 59% of the compensation package, or $5.3M, was in stock awards.
Cedric Prouv, Group President, earned $8.8M in 2020, a 14% decrease compared to previous year.
Deirdre Stanley, General Counsel, received $7.5M in 2020.
John Demsey, Group President, earned $7.1M in 2020, a 25% decrease compared to previous year.
Estee Lauder Companies' fiscal year ends on June 30.

Related executives

Fabrizio Freda

Estee Lauder Companies

Chief Executive Officer

Tracey Travis

Estee Lauder Companies

Chief Financial Officer

John Demsey

Estee Lauder Companies

Group President

Cedric Prouv

Estee Lauder Companies

Group President

Deirdre Stanley

Estee Lauder Companies

General Counsel

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Source: SEC filing on September 24, 2020.