Kimberly-Clark CEO Michael Hsu's 2020 pay rises 12% to $13M
Kimberly-Clark reports 2020 executive compensation
By ExecPay News
Published: March 8, 2021
Kimberly-Clark reported fiscal year 2020 executive compensation information on March 8, 2021.
In 2020, six executives at Kimberly-Clark received on average a compensation package of $6.7M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Kimberly-Clark
Michael D. Hsu, Chief Executive Officer, received $13M in total, which increased by 12% compared to 2019. 45% of Hsu's compensation, or $6M, was in stock awards. Hsu also received $3.4M in non-equity incentive plan, $2.3M in option awards, $1.3M in salary, as well as $498K in other compensation.
For fiscal year 2020, the median employee pay was $47,549 at Kimberly-Clark. Therefore, the ratio of Michael D. Hsu's pay to the median employee pay was 283 to one.
Russell Torres, President, K-CProfessional, received a compensation package of $6.4M. 66% of the compensation package, or $4.2M, was in stock awards.
Maria G. Henry, Chief Financial Officer, earned $5.8M in 2020, a 4% decrease compared to previous year.
Kimberly K. Underhill, Group President, received $5.1M in 2020, which increases by 14% compared to 2019.
Achal Agarwal, Former President, K-C Asia Pacific, earned $5.1M in 2020.
Sandi Karrmann, Chief Human Resources Officer, received $4.2M in 2020.
Related executives
Michael Hsu
Kimberly-Clark
Chief Executive Officer
Maria Henry
Kimberly-Clark
Chief Financial Officer
Russell Torres
Kimberly-Clark
President, K-CProfessional
Kimberly Underhill
Kimberly-Clark
Group President
Sandi Karrmann
Kimberly-Clark
Chief Human Resources Officer
Achal Agarwal
Kimberly-Clark
Former President, K-C Asia Pacific
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Source: SEC filing on March 8, 2021.