Kimberly-Clark reports 2018 executive compensation
CEO Thomas J. Falk receives $13M
Kimberly-Clark reported fiscal year 2018 executive compensation information on March 8, 2019.
In 2018, seven executives at Kimberly-Clark received on average a compensation package of $5,577,891, a 18% decrease compared to previous year.Average pay of disclosed executives at Kimberly-Clark
Thomas J. Falk, Chief Executive Officer, received $13,010,083 in total, which decreased by 20% compared to 2017. 57.65% of Falk's compensation, or $7,499,967, was in stock awards. Falk also received $1,181,421 in non-equity incentive plan, $2,619,837 in option awards, $1,420,000 in salary, as well as $288,858 in other compensation.
Michael D. Hsu, Chief Operating Officer, received a compensation package of $6,812,918, which increased by 23% compared to previous year. 52.29% of the compensation package, or $3,562,529, was in stock awards.
Maria G. Henry, Chief Financial Officer, earned $4,667,399 in 2018, a 7% increase compared to previous year.
Larry P. Allgaier, Former Group President, K-C North America, received $4,336,755 in 2018, which decreases by 18% compared to 2017.
Kimberly K. Underhill, Group President, K-C North America, earned $4,057,498 in 2018.
Gustavo Calvo Paz, Former President, EMEA, received $3,381,079 in 2018.
Anthony J. Palmer, President – Global Brands and Innovation, earned $2,779,503 in 2018, which is about the same as previous year.