Walgreens Boots Alliance CEO Stefano Pessina's 2020 pay slips 9% to $17M
Walgreens Boots Alliance reports 2020 executive compensation
By ExecPay News
Published: December 8, 2020
Walgreens Boots Alliance reported fiscal year 2020 executive compensation information on December 8, 2020.
In 2020, five executives at Walgreens Boots Alliance received on average a compensation package of $11M, a 9% increase compared to previous year.
Stefano Pessina, Chief Executive Officer, received $17M in total, which decreased by 9% compared to 2019. 75% of Pessina's compensation, or $13M, was in stock awards. Pessina also received $4.3M in option awards and $50K in other compensation.
For fiscal year 2020, the median employee pay was $33,396 at Walgreens Boots Alliance. Therefore, the ratio of Stefano Pessina's pay to the median employee pay was 524 to one.
Alexander W. Gourlay, Chief Operating Officer, received a compensation package of $11M, which increased by 34% compared to previous year. 47% of the compensation package, or $5.2M, was in stock awards.
Ornella Barra, Chief Operating Officer, earned $9.2M in 2020, a 29% increase compared to previous year.
James A. Skinner, Chairman, received $8.8M in 2020, which decreases by 6% compared to 2019.
James Kehoe, Chief Financial Officer, earned $8.7M in 2020, a 29% increase compared to previous year.
Walgreens Boots Alliance's fiscal year ends on August 31.