Kellogg Company reports 2018 executive compensation
CEO Steve Cahillane receives $10M
Kellogg Company reported fiscal year 2018 executive compensation information on March 7, 2019.
In 2018, five executives at Kellogg Company received on average a compensation package of $4,676,293, a 7% increase compared to previous year.Average pay of disclosed executives at Kellogg Company
Steve Cahillane, Chief Executive Officer, received $9,989,992 in total, which increased by 102% compared to 2017. 44.82% of Cahillane's compensation, or $4,477,410, was in stock awards. Cahillane also received $1,725,000 in non-equity incentive plan, $2,384,096 in option awards, $1,250,002 in salary, as well as $153,484 in other compensation.
For fiscal year 2018, the median employee pay was $46,948 at Kellogg Company. Therefore, the ratio of Steve Cahillane's pay to the median employee pay was 213 to one.
Chris Hood, Senior Vice President, President, Kellogg North America, received a compensation package of $3,948,281, which increased by 16% compared to previous year. 30.33% of the compensation package, or $1,197,550, was in other compensation.
Gary Pilnick, Chief Legal Officer, earned $3,473,211 in 2018, a 28% decrease compared to previous year.
Fareed Khan, Chief Financial Officer, received $3,101,817 in 2018, which decreases by 28% compared to 2017.
Alistair Hirst, Senior Vice President, Global Supply Chain, earned $2,868,164 in 2018.
Kellogg Company's fiscal year ends on December 30.