Walgreens Boots Alliance CEO Stefano Pessina's 2019 pay jumps 41% to $19M
Walgreens Boots Alliance reports 2019 executive compensation
By ExecPay News
Published: December 10, 2019
Walgreens Boots Alliance reported fiscal year 2019 executive compensation information on December 10, 2019.
In 2019, five executives at Walgreens Boots Alliance received on average a compensation package of $10M, a 29% increase compared to previous year.
Average pay of disclosed executives at Walgreens Boots Alliance
Stefano Pessina, Chief Executive Officer, received $19M in total, which increased by 41% compared to 2018. 69% of Pessina's compensation, or $13M, was in stock awards. Pessina also received $6M in option awards and $29K in other compensation.
For fiscal year 2019, the median employee pay was $34,074 at Walgreens Boots Alliance. Therefore, the ratio of Stefano Pessina's pay to the median employee pay was 562 to one.
James A. Skinner, Chairman, received a compensation package of $9.4M, which increased by 38% compared to previous year. 100% of the compensation package, or $9.4M, was in stock awards.
Alexander W. Gourlay, Chief Operating Officer, earned $8.2M in 2019, a 20% increase compared to previous year.
Ornella Barra, Chief Operating Officer, received $7.1M in 2019, which increases by 7% compared to 2018.
James Kehoe, Chief Financial Officer, earned $6.7M in 2019, a 2% increase compared to previous year.
Walgreens Boots Alliance's fiscal year ends on August 31.
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Source: SEC filing on December 10, 2019.